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- Tasks: Lead internal audit projects and evaluate business processes for improvement.
- Company: Join a dynamic team focused on enhancing operations through independent audits.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Why this job: Make a real impact by identifying risks and improving business processes.
- Qualifications: Degree in Accountancy or Finance with 6+ years of audit experience.
- Other info: Collaborative environment with a focus on innovation and growth.
The predicted salary is between 36000 - 60000 £ per year.
Our Internal Audit team is an independent, objective team providing assurance and consulting activities that is guided by the philosophy of adding value to improve the operations of the organisation. You will be involved in planning and leading internal audit projects as defined in the risk-based Audit Plan. This will include planning the individual audit engagement, designing and testing the control, presenting the audit findings, writing the audit reports and follow-up on remediation.
Your key accountabilities will include:
- Ensure that audits are completed in a timely and efficient manner in accordance with standards established by industry best practices and the relevant risk and regulatory environment.
- Evaluate internal control design and operating effectiveness and manage remediation activities.
- Communicate root causes of identified issues, associated risks, on the current and future business model and operating environment and include recommendations and action plans for improvements in business processes.
- Build strong relationships with 1st and 2nd line of defence to identify potential red flags and ensure that insights to emerging risk and controls are identified and managed.
- Manage 3rd party audit support team/resources where applicable.
- Participate in major business initiatives, and pro-actively advise and assist the business on change initiatives.
Qualifications:
- Degree in Accountancy, Business or finance related field or recognised professional qualification i.e. Association of Chartered Accountants (ACA), Association of Chartered Certified Accountants (ACCA).
- Minimum 6 years of audit working experience and above.
- Prior experiences in internal or external audits in financial sectors (including insurance and investment) and/or with data analytics experience.
- Candidates with Certified Internal Auditor (CIA) certification, Actuarial qualifications or equivalent will be of added advantage.
- Good knowledge of internal audit methodologies, audit projects management including agile auditing, risks and controls.
- Good written and verbal communication skills, and able to engage senior management.
- Collaborator and team player who is motivated, demonstrates analytical thinking, has sound judgement and is detail-oriented.
- Highly organised, focused and able to work under tight timelines and pressure.
Assistant Manager, Internal Audit in London employer: INCOME INSURANCE LIMITED
Contact Detail:
INCOME INSURANCE LIMITED Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Manager, Internal Audit in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the audit field and let them know you're on the lookout for opportunities. You never know who might have a lead or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of internal audit methodologies and current industry trends. We recommend practising common interview questions and having examples ready that showcase your experience in managing audits and evaluating controls.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Use our website to find roles that excite you, and tailor your approach to each company’s culture and mission.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in showing your enthusiasm for the role. Plus, it keeps you fresh in their minds as they make their decision.
We think you need these skills to ace Assistant Manager, Internal Audit in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Assistant Manager, Internal Audit role. Highlight your audit experience and any relevant qualifications like ACA or ACCA to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about internal audit and how your background makes you a perfect fit for our team. Don’t forget to mention any specific projects you've led!
Showcase Your Communication Skills: Since this role involves engaging with senior management, make sure your application showcases your written communication skills. Clear, concise language will demonstrate your ability to present audit findings effectively.
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’s super easy!
How to prepare for a job interview at INCOME INSURANCE LIMITED
✨Know Your Audit Methodologies
Familiarise yourself with the latest internal audit methodologies and best practices. Be ready to discuss how you’ve applied these in your previous roles, especially in planning and executing audits.
✨Showcase Your Analytical Skills
Prepare examples that highlight your analytical thinking and problem-solving abilities. Discuss specific instances where you've identified risks or inefficiencies and how you proposed actionable solutions.
✨Communicate Effectively
Practice articulating your thoughts clearly and concisely. Since you'll need to engage with senior management, be prepared to present your audit findings and recommendations in a way that’s easy to understand.
✨Build Relationships
Emphasise your experience in collaborating with different teams. Share examples of how you’ve built strong relationships with the first and second lines of defence to identify potential red flags and manage risks effectively.