Internal Audit Manager

Internal Audit Manager

Full-Time 60000 - 75000 £ / year (est.) Home office (partial)
Hiscox SA

At a Glance

  • Tasks: Lead and manage internal audits, ensuring effective risk management and control processes.
  • Company: Join Hiscox, an innovative specialist insurer with a unique culture.
  • Benefits: Enjoy hybrid working, competitive salary, and great employee benefits for your wellbeing.
  • Why this job: Make a real impact in a dynamic environment while working with amazing people.
  • Qualifications: 4+ years of internal audit experience, preferably in insurance, with strong leadership skills.
  • Other info: Embrace a culture that encourages creativity and challenges the status quo.

The predicted salary is between 60000 - 75000 £ per year.

Internal Audit Manager

Reporting to: Internal Audit Director

6 months Contract (inside IR35) or Fixed Term Contract considered

Must be available in 1 month or less

London or York

The team

The Group Internal Audit team provides independent and objective assurance and advice to the Group Audit Committee, and to the Boards of Directors of the 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. The team is supplemented with additional co-source when required.

Key responsibilities

  • Manage or support auditors and senior auditors in the delivery of audit work and contribute to the team’s overall management and strategy.
  • 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 a number of the more complex and/or higher profile audits in the Audit Plan, managing the successful and timely completion of these audits, 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 in the delivery of the Internal Audit Vision and Strategy.

Specification

  • Internal audit experience. As a guide, 4 or more years PQE. Those with less years but the right level of knowledge will naturally be considered.
  • Must have experience working in insurance/insurer in similar markets to Hiscox.
  • Risk advisory experience is a must.
  • The ability to plan and organise an end to end audit with minimal day to day supervision, with the inherent flexibility to adapt the process as required.
  • A dynamic, assertive and self-confident individual who can deliver without the need for high levels of supervision.
  • 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 are far removed from the world of mass market insurance products. Instead we are selective and focus on our key areas of expertise and strength - all of which is 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 human beings 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. Scratch beneath the surface and you will find a business that is solid, but slightly contrary. We like to do things differently and constantly seek to evolve. 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. Some people might say insurance is dull, but life at Hiscox is anything but. If that sounds good to you, get in touch.

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 over the past few years 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. We see it as the best of both worlds; structure and sociability on one hand, and independence and flexibility on the other.

Work with amazing people and be part of a unique culture. If you want to help build a brilliant future; work with amazing people; be part of a unique company culture; and, of course, enjoy great employee benefits that take care of your mental and physical wellbeing, come and join us.

Internal Audit Manager employer: Hiscox SA

Hiscox is an exceptional employer that fosters a dynamic and inclusive work culture, encouraging employees to challenge conventions and think creatively. With a commitment to diversity and a hybrid working model, employees enjoy the flexibility to balance their professional and personal lives while being part of a supportive team that values growth and innovation. The company offers competitive benefits and opportunities for professional development, making it an attractive place for those seeking meaningful and rewarding employment in the insurance sector.
Hiscox SA

Contact Detail:

Hiscox SA Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Internal Audit Manager

✨Tip Number 1

Network like a pro! Reach out to your connections in the industry, especially those who work at Hiscox or similar companies. A friendly chat can sometimes lead to insider info about job openings or even a referral.

✨Tip Number 2

Prepare for interviews by researching the company culture and values. Hiscox loves creative thinkers who challenge the norm, so think of examples from your past that showcase your innovative side.

✨Tip Number 3

Practice your pitch! Be ready to explain how your experience aligns with the role of Internal Audit Manager. Highlight your risk advisory skills and how you can contribute to their unique approach to insurance.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of the Hiscox team.

We think you need these skills to ace Internal Audit Manager

Internal Audit Experience
Risk Advisory Experience
Audit Planning and Organisation
Leadership Skills
Relationship Building Skills
Influencing Skills
Negotiation Skills
Team Working Skills
Coaching Skills
Analytical Skills
Communication Skills
Problem-Solving Skills
Adaptability
Self-Confidence

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Internal Audit Manager role. Highlight your relevant experience in internal audit and risk advisory, especially in the insurance sector. We want to see how your skills align with what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team at Hiscox. Share specific examples of your past achievements and how they relate to the responsibilities of the role.

Showcase Your Soft Skills: We value strong people and relationship-building skills. In your application, don’t forget to mention your ability to influence and negotiate effectively. This will help us see how you can contribute to our unique culture.

Apply Through Our Website: To make sure your application gets the attention it deserves, apply directly through our website. It’s the best way for us to receive your details and keep track of your application. We can't wait to hear from you!

How to prepare for a job interview at Hiscox SA

✨Know Your Audit Stuff

Make sure you brush up on your internal audit knowledge, especially in the insurance sector. Be ready to discuss your previous experiences and how they relate to the role at Hiscox. Highlight any specific audits you've led or been a part of, and be prepared to explain your approach to risk management.

✨Showcase Your Leadership Skills

As an Internal Audit Manager, you'll need to manage and support other auditors. Think of examples where you've successfully led a team or project. Be ready to talk about how you motivate others and handle challenges within a team setting.

✨Prepare for Scenario Questions

Expect questions that ask how you'd handle specific audit situations or challenges. Practice articulating your thought process and decision-making skills. Use the STAR method (Situation, Task, Action, Result) to structure your answers clearly and effectively.

✨Emphasise Your Adaptability

The job requires flexibility in planning and executing audits. Share examples of how you've adapted your strategies in response to changing circumstances or unexpected findings. This will show that you're not just a planner but also someone who can think on their feet.

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>