At a Glance
- Tasks: Coordinate internal audits and assess controls in insurance operations.
- Company: Join Markel Group, a global leader in insurance and reinsurance.
- Benefits: Competitive salary, bonuses, 25 days holiday, and strong benefits package.
- Why this job: Make a meaningful impact while developing your career in a supportive environment.
- Qualifications: Experience in internal audit or financial services; certifications are a plus.
- Other info: Flexible working patterns and a commitment to diversity and inclusion.
The predicted salary is between 36000 - 60000 £ per year.
Looking for a role that will have a meaningful impact on our internal audit function? We are looking for an individual to coordinate reviews and assess the design and effectiveness of internal controls over insurance operations.
If you’re looking for a place where you can make a meaningful difference, you’ve found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you’ll find your fit amongst our global community of optimists and problem-solvers. We’re always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs.
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.
What’s in it for you:
- A great starting salary plus annual bonus & strong benefits package… 25 days paid holiday plus Bank Holidays, with the opportunity to buy/sell extra leave.
- Fantastic company pension scheme, private medical and dental cover, life assurance, travel insurance cover, income protection, season ticket loan as well as other great benefits on offer.
- There are countless opportunities to learn new skills and develop in your career and we can provide the support needed to do just that!
Are you ready to play your part? Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you. Markel celebrates 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. This includes any alternative formats of any documents or information on how to apply offline.
Senior Internal Auditor employer: Markel
Contact Detail:
Markel 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 Markel through 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 knowledge of internal audit methodologies and financial risks. Be ready to discuss how your experience aligns with the role and how you can add value to their operations.
✨Tip Number 3
Showcase your problem-solving skills during the interview. Think of examples where you've identified issues and proposed effective solutions. This will demonstrate your ability to make a meaningful impact in the role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in being part of the Markel community.
We think you need these skills to ace Senior Internal Auditor
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in internal audit and the insurance industry. We want to see how your skills align with our needs, so don’t hold back on showcasing your relevant achievements!
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, so make it engaging and professional!
Highlight Your Problem-Solving Abilities: As a Senior Internal Auditor, you’ll need to identify issues and propose solutions. Use your application to share examples of how you've tackled challenges in the past. We’re looking for those who can think critically and creatively!
Apply Through Our Website: We encourage you to apply directly through our website for a smoother process. It’s quick and easy, and it helps us keep track of your application. Plus, you’ll get to see all the other exciting opportunities we have at Markel!
How to prepare for a job interview at Markel
✨Know Your Internal Audit Methodology
Make sure you brush up on your understanding of internal audit methodologies. Be prepared to discuss how you've applied these in past roles, especially in the insurance or financial services sectors. This will show that you can hit the ground running and add value from day one.
✨Demonstrate Effective Communication Skills
Since this role involves communicating complex issues to various stakeholders, practice articulating your thoughts clearly. Prepare examples where you've successfully negotiated issues or presented findings to leadership. This will highlight your ability to convey important information effectively.
✨Showcase Your Data Analysis Skills
Familiarise yourself with data analysis techniques relevant to auditing. Be ready to discuss how you've used data query tools in previous audits and how you can present results visually. This will demonstrate your analytical capabilities and your readiness to leverage data in your work.
✨Understand the Organisation's Risks and Controls
Research Markel Group’s operations and the specific risks associated with their insurance business. Being able to discuss these risks and how they relate to internal controls will show that you're proactive and genuinely interested in making a meaningful impact within the company.