At a Glance
- Tasks: Coordinate reviews and assess internal controls over insurance operations.
- Company: Join Markel Group, a Fortune 500 company with a global presence.
- Benefits: Great salary, annual bonus, 25 days holiday, and strong benefits package.
- Why this job: Drive meaningful change and enhance operations in a dynamic environment.
- Qualifications: Understanding of internal audit methodology and experience in financial services is beneficial.
- Other info: Flexible working patterns and opportunities for career development.
The predicted salary is between 60000 - 75000 £ per year.
We are looking for an individual to coordinate reviews and assess the design and effectiveness of internal controls over insurance operations. Join us and play your part in something special!
The opportunity: The Internal Audit department at Markel Group offers the opportunity to drive meaningful change across our global operations through independent, objective assurance and consulting. As a Senior Internal Auditor, you'll play an important role in achieving our purpose, which is to provide independent, objective assurance and consulting services crafted to add value and improve Markel's operations. This role is within the Markel International team, which focuses on Markel's non-US businesses, including those in London, Canada, Europe, Asia Pacific (including Dubai, Singapore, India and Sydney). The role offers considerable variety in terms of the areas we support through our work, including diverse insurance operations and corporate shared services, such as IT, Finance and HR.
What you'll be doing:
- Plan and organize your activities in order to handle multiple priorities and complete assigned tasks in a timely and efficient manner with minimal oversight.
- Depending on your role on an engagement, assist or lead in planning the audit scope, prepare the audit program, and determine the appropriate auditing procedures based on professional judgment.
- Identify issues, deviations, and root causes and effectively communicate (both written and verbal) issues and propose effective solutions to audit management and clients.
- Prepare and organize work papers, document conclusions, and prepare formal audit reports in accordance with established guidelines.
- Display an enhanced understanding of the organization's risks, controls, and governance and effectively communicate concepts to enhance client understanding of control objectives.
- Work collaboratively within the Audit department, look to build and foster internal customer relationships, and maintain a positive working relationship with external auditors.
- Provide input and suggest improvements to audit department internal processes.
- Willing and able to provide constructive feedback to other auditors. Look to share knowledge/expertise gained from experience.
- Able to successfully apply data analysis techniques within an audit to accomplish audit objectives and to present the results in a visual manner.
- Having a basic understanding of IT General Controls and being able to complete defined audit program steps in this area would be beneficial.
Our must-haves:
- An understanding of internal audit methodology and solid understanding of financial risks.
- Experience in the insurance industry or financial services operations is highly beneficial.
- ACCA, ACA, CIA, or equivalent certification or working towards a certification (support will be provided).
- Must possess effective communication skills with ability to negotiate issues and make presentations to leadership.
- Ability to take ownership of and deliver multiple assigned tasks.
- Ability to employ and leverage data query and analysis tools and processes.
- Foundational understanding of IT general controls, application controls, application development and security practices, IT operations, and IT governance is beneficial.
Who we are: Markel Group (NYSE – MKL) a Fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory, and investment operations around the world.
We celebrate the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you. We are also happy to consider candidates who are looking for flexible working patterns. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.
We will ensure that individuals with disabilities are provided with all reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful. Please contact us via email at rec@markel.com or call us at 0161 507 5827 to request any accommodations that may be needed.
Senior Internal Auditor in London employer: Markel Corporation
Contact Detail:
Markel Corporation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Internal Auditor in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about asking for introductions. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.
✨Tip Number 2
Prepare for interviews by researching the company inside out. Understand their values, recent news, and how they operate. This will help us tailor our answers and show that we’re genuinely interested in being part of their team.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or use online platforms to get comfortable with common questions. The more we practice, the more confident we’ll feel when it’s time to shine.
✨Tip Number 4
Don’t forget to follow up after interviews! A simple thank-you email can go a long way in leaving a positive impression. Plus, it shows that we’re proactive and really keen on the role. And remember, apply through our website for a smoother process!
We think you need these skills to ace Senior Internal Auditor in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in internal auditing and the insurance industry. We want to see how your skills align with what we're looking for, so don’t hold back!
Showcase Your Communication Skills: Since effective communication is key in this role, use your written application to demonstrate your ability to convey complex ideas clearly. We love seeing candidates who can articulate their thoughts well!
Highlight Relevant Experience: Be sure to mention any specific projects or roles where you’ve successfully identified issues and proposed solutions. This will help us understand how you can add value to our team right from the start.
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 Markel Corporation
✨Know Your Internal Audit Methodology
Make sure you brush up on your understanding of internal audit methodologies. Be ready to discuss how you've applied these in past roles, especially in the insurance or financial services sectors. This will show that you’re not just familiar with the theory but can also put it into practice.
✨Prepare for Scenario-Based Questions
Expect questions that ask you to demonstrate your problem-solving skills. Think of specific examples where you've identified issues and proposed solutions. Use the STAR method (Situation, Task, Action, Result) to structure your answers clearly and effectively.
✨Showcase Your Communication Skills
As a Senior Internal Auditor, you'll need to communicate complex concepts clearly. Practice explaining audit findings and recommendations in a straightforward manner. You might even want to prepare a mock presentation to demonstrate your ability to negotiate and present to leadership.
✨Familiarise Yourself with Data Analysis Tools
Since data analysis is key in this role, be prepared to discuss any tools or techniques you’ve used in previous audits. Highlight your experience with data query and analysis processes, and think about how you can visually present results to enhance understanding.