At a Glance
- Tasks: Conduct internal audits and provide valuable insights to enhance business processes.
- Company: Join Munich Re, a leader in inclusive employment and innovation.
- Benefits: Enjoy flexible working, competitive pay, and a fantastic benefits package.
- Other info: Embrace diversity and equity in a dynamic workplace.
- Why this job: Make a real impact while developing your skills in a supportive environment.
- Qualifications: Experience in auditing and strong relationship-building skills.
The predicted salary is between 55000 - 65000 £ per year.
This job is with Munich Re, an inclusive employer and a member of my Gwork – the largest global platform for the LGBTQ+ business community.
Please do not contact the recruiter directly.
Together, we engage with everything we have and are, to help humankind act braver and better.
Shared
Services: A Shared Service Provider to Munich Re Specialty Group (including, inter alia, Munich Re Syndicate Limited), Munich Re UK Life Branch (Life Reinsurance provider), Great Lakes Insurance SE UK Branch and UK Subsidiary (specialty providers of primary insurance services in the UK), Hartford Steam and Boiler Engineering Insurance Limited (primary insurance provider) and Bell and Clements (Lloyd's Broker and MGA).
About the role: As part of the UK Internal Audit Hub you'll provide audit services to Munich Re's UK entities to assist Senior management in the achievement of the Company's strategic objectives.
As a trusted advisor, you will build effective relationships while contributing independent value added assurance and recommendations across a wide variety of business processes.
As an individual, we'll invest in your development as well as offer a market competitive remuneration package and a superb package of benefits including flexible working.
Key
Responsibilities: Audit engagement activities Undertake and own internal audits in either the lead, standalone or supporting roles.
Utilise audit tools and techniques which are the best fit for the topic, including defining, obtaining and analysing whole population datasets.
Reporting, Monitoring economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs.
Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.
If you are excited about this role but your experience does not align perfectly with everything outlined, or you don't meet every requirement, we encourage you to apply anyway.
You might just be the candidate we are looking for!
All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process.
You can request an adjustment by speaking to your Talent Acquisition contact.
Senior Internal Audit Specialist employer: Munich Re
As a leading insurance provider in Greater London, we pride ourselves on fostering a dynamic work culture that values collaboration and innovation. Our employees benefit from comprehensive professional development opportunities, competitive remuneration, and a supportive environment that encourages growth and transformation. Join us to be part of a team that is dedicated to making a meaningful impact in the insurance industry while enjoying the vibrant lifestyle that Greater London has to offer.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Internal Audit Specialist
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Munich Re looking for candidates who are engaged and informed.
We think you need these skills to ace Senior Internal Audit Specialist
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Munich Re. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Munich Re
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Munich Re’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
