Senior Internal Auditor

Senior Internal Auditor

Full-Time 55000 - 65000 € / year (est.) Home office (partial)
Hiscox

At a Glance

  • Tasks: Conduct internal audits and provide valuable insights to enhance business processes.
  • Company: Join Hiscox, a leader in the insurance industry with a focus on innovation.
  • Benefits: Competitive salary, performance bonuses, comprehensive benefits, and hybrid working options.
  • Other info: Dynamic team environment with opportunities for professional growth and development.
  • Why this job: Gain unparalleled access to the Hiscox Group and advance your career in Internal Audit.
  • Qualifications: Degree qualified with audit experience; strong communication and relationship-building skills.

The predicted salary is between 55000 - 65000 € 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 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.

Professional standards

Our work adheres to the Institute of Internal Auditors’ (IIA) mandatory guidance including the Definition of Internal Auditing, the Code of Ethics and the International Standards for the Professional Practice of Internal Auditing (‘the Standards’). We also adhere to guidance issued by the Chartered Institute of Internal Auditors in the UK (CIIA): Effective Internal Audit in the Financial Services Sector.

Key responsibilities

  • Conduct internal audits across the Hiscox Group in line with the Audit Plan.
  • Ensure the successful and timely completion of reviews, from initial scoping and planning through to reporting and follow up of actions and recommendations.
  • Take on the lead role on several audits, responsible for their end to end delivery, as well as supporting other team members with their audits.
  • Effective stakeholder and relationship management at all levels.
  • Make effective and pragmatic recommendations to address issues and to add value to the business.
  • Contribute to Internal Audit’s planning and strategy, and to its continued development.
  • Help build and maintain Internal Audit’s presence and reputation across the Group.
  • Conduct specific reviews or take on special projects as required.
  • Support the Head of Group Internal Audit and other team members as needed.

Specification

  • Must be degree qualified with a professional accountancy, audit, or CISA qualification.
  • Previous internal audit experience (while internal audit experience is highly preferential, we will consider exceptional candidates from an external audit background) which must be gained within insurance or wider Financial Services.
  • A dynamic, assertive and self-confident individual who can deliver without the need for high levels of supervision.
  • The ability to plan and organise an end to end audit with minimal day to day supervision.
  • Independent worker, resilient and self-reliant.
  • Strong people and relationship building skills, notably influencing and negotiating.
  • Sound audit judgement.
  • Excellent team working skills and the ability to supervise and coach other team members constructively and effectively.
  • Innovative problem solving skills and the courage to apply them.
  • Excellent communication skills, both oral and written.
  • Good commercial awareness.

Why Hiscox?

In addition to a competitive remuneration package including a profit and performance based bonus and comprehensive benefits, the role will provide unparalleled insight into and access across the Hiscox Group. For the right candidate, this will present opportunities to move into more senior roles within Internal Audit, or within Hiscox more broadly.

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.

Senior Internal Auditor employer: Hiscox

Hiscox is an exceptional employer that prioritises the growth and well-being of its employees, offering a competitive remuneration package alongside a profit and performance-based bonus. With a strong commitment to diversity and an inclusive culture, Hiscox fosters a dynamic work environment in York or London, where hybrid working arrangements empower employees to achieve a healthy work-life balance while gaining unparalleled insights across the Group. The opportunities for career advancement within Internal Audit and beyond make Hiscox a truly rewarding place to build your future.

Hiscox

Contact Detail:

Hiscox Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Internal Auditor

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 brushing up on your audit knowledge and the latest trends in risk management. Show us you’re not just a fit for the role but also passionate about the industry!

Tip Number 3

Practice your storytelling skills! Be ready to share specific examples of how you've tackled challenges in previous audits. We want to see your problem-solving skills in action.

Tip Number 4

Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows us you’re genuinely interested in the position.

We think you need these skills to ace Senior Internal Auditor

Internal Audit
Professional Accountancy Qualification
CISA Qualification
Stakeholder Management
Audit Planning and Organisation
Report Writing
Relationship Building

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Senior Internal Auditor role. Highlight your relevant experience in internal audit or financial services, and don’t forget to showcase your qualifications. We want to see how you fit into our team!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role at Hiscox and how your skills align with our needs. Keep it engaging and personal – we love a bit of personality!

Showcase Your Communication Skills:Since strong written communication is key for this role, make sure your application is clear and concise. Use professional language but let your unique voice come through. We appreciate authenticity!

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 info you need about the role and our company there!

How to prepare for a job interview at Hiscox

Know Your Audit Standards

Familiarise yourself with the Institute of Internal Auditors’ mandatory guidance and the Chartered Institute of Internal Auditors' standards. Being able to discuss these frameworks confidently will show that you understand the professional landscape and can apply these principles in your work.

Demonstrate Stakeholder Management Skills

Prepare examples of how you've effectively managed relationships with stakeholders in previous roles. Highlight your ability to influence and negotiate, as this is crucial for a Senior Internal Auditor who needs to communicate findings and recommendations to senior management.

Showcase Your Problem-Solving Abilities

Think of specific instances where you've tackled complex issues or made innovative recommendations. Be ready to discuss your thought process and how your solutions added value to the business, as this aligns with the role's focus on pragmatic recommendations.

Prepare for Team Dynamics

Since you'll be working closely with a small team, be prepared to discuss your teamwork and coaching experiences. Share how you've supported colleagues in audits and contributed to team planning, as collaboration is key in this role.