At a Glance
- Tasks: Lead and manage internal audits, ensuring effective risk management and control processes.
- Company: Join Hiscox, a dynamic international specialist insurer with a unique culture.
- Benefits: Enjoy hybrid working, competitive salary, and a commitment to diversity and inclusion.
- Why this job: Make a real impact in a company that values creativity and challenges the norm.
- Qualifications: Degree qualified with professional audit experience; strong communication and leadership skills required.
- Other info: Be part of a supportive team that encourages personal growth and work-life balance.
The predicted salary is between 43200 - 72000 £ per year.
Build a brilliant future with Hiscox.
The Group Internal Audit team provides independent and objective assurance and advice to the Group Audit Committee, and to the Boards of Directors of companies within the Group, over the processes and systems of control and risk management operating in the Group. Its scope covers all aspects of the Group and its activities. It also liaises closely with other monitoring functions across the Group, including Group Compliance and Group Risk. Its Audit Plans are developed using a risk‑based approach. The Group Audit team is based in London, York, Luxembourg, Lisbon and the US and is supplemented with additional co‑source when required.
Key responsibilities:
- Manage or support auditors and senior auditors in the delivery of audit work.
- Contribute to the team’s overall management and strategy as part of the Internal Audit Management Team.
- Oversee and lead internal audits across the Hiscox Group in line with the Audit Plan.
- Monitor the overall progress of the Audit Plan in co‑ordination with Audit Directors and the Group Chief Auditor.
- Lead complex and/or higher profile audits in the Audit Plan, managing the successful and timely completion from initial scoping and planning through to reporting and follow‑up of actions and recommendations.
- Support the preparation of Internal Audit’s Annual Planning process and ongoing monitoring of Audit Plan delivery.
- Prepare quality papers for the relevant Committees and Boards, and represent Internal Audit at Committees and other formal meetings as required.
- Support the delivery of the Internal Audit Vision and Strategy.
Specification:
- Must be degree qualified with a professional accountancy, audit or internal audit qualification; 4 or more years PQE is desirable.
- Insurance external or internal audit experience (highly desirable, but financial services will be considered) gained either in an internal audit function or within the Big 4; risk advisory experience is a must.
- The ability to plan and organise an end‑to‑end audit with minimal day‑to‑day supervision.
- A dynamic, assertive and self‑confident individual who can deliver without the need for high levels of supervision.
- Excellent communication skills, both oral and written.
- Good commercial awareness.
- Strong people and relationship building skills, notably influencing and negotiating.
- Excellent team‑working skills and the ability to supervise and coach other team members constructively and effectively.
About Hiscox:
As an international specialist insurer, we focus on our key areas of expertise and strength, underpinned by a culture that encourages us to challenge convention and always look for a better way of doing things. We insure the unique and the interesting, and we search for the same when it comes to talented people. Hiscox is full of smart, reliable individuals that look out for customers and each other. We believe in doing the right thing, making good and rebuilding when things go wrong. Everyone is encouraged to think creatively, challenge the status quo and look for solutions. We might have been around for a long time (our roots go back to 1901), but we are young in many ways, ambitious and going places.
Diversity and Hybrid working:
At Hiscox, we care about our people. We hire the best people for the job and we’re committed to diversity and creating a truly inclusive culture, which we believe drives success. We have also learned that working life doesn’t always have to be in the office, and now it is safe to do so – we have introduced hybrid working to encourage a healthy work-life balance. This hybrid working model is set by the team rather than the business to enable you to manage your own personal work‑life balance.
Audit Manager employer: Hiscox Ltd
Contact Detail:
Hiscox Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Audit Manager
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Hiscox on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by understanding Hiscox's culture and values. They love creative thinkers who challenge the norm, so think of examples from your past where you've done just that!
✨Tip Number 3
Practice your communication skills! Since the role requires excellent oral and written communication, try mock interviews with friends or use online platforms to refine your pitch.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining the team.
We think you need these skills to ace Audit Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Audit Manager role. Highlight your relevant experience in internal audit, risk management, and any specific qualifications that match what we're looking for. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about the role and how you can contribute to our team. Be sure to mention any unique experiences or skills that set you apart from other candidates.
Showcase Your Communication Skills: Since excellent communication is key for this role, make sure your application reflects that. Use clear and concise language, and don’t shy away from demonstrating your ability to convey complex ideas simply. We love a good communicator!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Hiscox Ltd
✨Know Your Audit Stuff
Make sure you brush up on your audit knowledge, especially in areas relevant to the insurance sector. Be prepared to discuss your experience with risk management and how you've handled complex audits in the past.
✨Showcase Your Leadership Skills
As an Audit Manager, you'll be leading teams. Think of examples where you've successfully managed or coached others. Highlight your ability to influence and negotiate effectively, as this will be key in your role.
✨Prepare for Scenario Questions
Expect questions that ask how you'd handle specific audit situations. Practice articulating your thought process and decision-making skills, especially in high-pressure scenarios. This will demonstrate your ability to adapt and deliver results.
✨Understand Hiscox's Culture
Familiarise yourself with Hiscox's unique approach to insurance and their emphasis on creativity and challenging the status quo. Be ready to discuss how your values align with theirs and how you can contribute to their innovative culture.