At a Glance
- Tasks: Lead and manage internal audits, ensuring timely completion and quality reporting.
- Company: Join Hiscox, a dynamic international specialist insurer with a unique culture.
- Benefits: Enjoy hybrid working, a supportive environment, and opportunities for professional growth.
- Why this job: Make a real impact in a company that values creativity and challenges the norm.
- Qualifications: Degree qualified with audit experience; strong communication and leadership skills required.
- Other info: Diversity and inclusion are at our core; we encourage a healthy work-life balance.
The predicted salary is between 36000 - 60000 £ per year.
Build a brilliant future with Hiscox.
Position: Audit Manager
Reporting to: Internal Audit Director
Location: 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 complex and/or higher profile audits in the Audit Plan, managing the successful and timely completion of these audits.
- 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:
- Must be degree qualified with a professional accountancy, audit or internal audit qualification; as a guide, 4 or more years PQE is desirable.
- Insurance external or internal audit experience is highly desirable, but Financial Services will be considered.
- 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 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.
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.
Audit Manager in London employer: Hiscox
Contact Detail:
Hiscox Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Audit Manager in London
✨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 knowing your stuff! Research Hiscox’s culture and values, and think about how your experience aligns with their unique approach to insurance. Show them you’re not just another candidate!
✨Tip Number 3
Practice makes perfect! Get a friend to do a mock interview with you. Focus on articulating your audit experience and how you can contribute to the team’s success. Confidence is key!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining the Hiscox family.
We think you need these skills to ace Audit Manager in London
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 explain why you're passionate about the role and how you can contribute to our team at Hiscox. Be sure to mention any unique experiences that set you apart from other candidates.
Showcase Your Communication Skills: As an Audit Manager, strong communication skills are key. In your application, demonstrate your ability to convey complex information clearly and effectively. This could be through examples of reports you've written or presentations you've delivered.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our unique culture at Hiscox!
How to prepare for a job interview at Hiscox
✨Know Your Audit Stuff
Make sure you brush up on your audit knowledge, especially in areas relevant to insurance and risk management. Be prepared to discuss your previous experiences in internal or external audits, particularly any complex cases you've handled.
✨Showcase Your Leadership Skills
As an Audit Manager, you'll need to lead teams effectively. Think of examples where you've successfully managed audits or coached team members. Highlight your ability to influence and negotiate, as these skills will be crucial in your role.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities. Prepare for scenarios where you might need to adapt your audit approach or handle unexpected challenges. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Understand Hiscox's Culture
Familiarise yourself with Hiscox's unique culture and values. They appreciate creativity and challenging the status quo, so think about how you can demonstrate these qualities in your interview. Show them you're not just a fit for the role, but also for their team.