At a Glance
- Tasks: Lead audit teams, manage complex audits, and ensure high-quality financial reporting.
- Company: Join PwC, a market leader in Insurance Audit with a diverse client portfolio.
- Benefits: Enjoy flexible working, private medical cover, and six volunteering days annually.
- Why this job: Gain valuable insights into businesses while developing your professional skills in a supportive environment.
- Qualifications: Must have a Chartered Accountant qualification or equivalent experience in auditing.
- Other info: Opportunity to mentor junior staff and work on varied audit projects.
The predicted salary is between 43200 - 72000 £ per year.
About the role
Our Insurance Audit practice is market leading with an extensive portfolio of flagship clients across all areas of the market – Life, Non-Life, London Markets and Broking. Our team of 350 experts deliver audit services to our clients from offices across the UK. This provides our staff with a varied experience and great opportunities to learn and develop.
Joining Insurance Audit will give you the opportunity to work on both large and smaller audits. There is a broad range of client roles to align to your interest or give you a new challenge. Understanding our clients\’ businesses and the risks they face is at the heart of what we do and is of utmost importance in upholding the highest levels of audit quality.
As a Manager, you\’ll lead a team of forward-thinking individuals to deliver high quality audits. You\’ll gain in-depth knowledge into how businesses run, gain direct access to internal stakeholders and clients and work with an unrivalled range of organisations we audit. A rewarding career path awaits, join our team to develop yourself as a professional and benefit from the wide range of development opportunities available at PwC.
Key Responsibilities include, but not limited to;
- Leading multi-location teams, using your team and relationship management skills to ensure the delivery of high quality audit work – from planning to completion of an Audit, including the review of financial statements, ensuring that it meets PwC and regulatory standards;
- Leading on the completion of areas of complex or judgemental audit work which includes the identification of issues, analysis of data, articulation of findings and the ability to draw informed conclusions;
- Managing the financial and resource aspects of Audit engagements, demonstrating a commercial approach throughout;
- Leading on internal projects supporting PwC and the lines of service, as well as acting as a role model, mentor and coach for junior staff members in your business unit;
The skills and experience we are looking for:
- Must possess a Chartered Accountant / ACA / ACCA / ICAS qualification (or an international equivalent) or have equivalent work experience. This includes international candidates who qualify through experience in their home country;
- Experience of IFRS and/or UK GAAP and international standards on auditing;
- Strong project management skills and experience managing an audit from planning to completion;
- Confident in challenging yourself and others to complete high quality testing and documentation;
- Ability to establish and nurture positive relationships across all levels – both internally and externally.
What you\’ll receive from us:
No matter where you may be in your career or personal life, our benefits are designed to add value and support, recognising and rewarding you fairly for your contributions.
We offer a range of benefits including empowered flexibility and a working week split between office, home and client site; private medical cover and 24/7 access to a qualified virtual GP; six volunteering days a year and much more. #J-18808-Ljbffr
External Audit Manager - Insurance employer: PwC
Contact Detail:
PwC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land External Audit Manager - Insurance
✨Tip Number 1
Familiarise yourself with the latest developments in IFRS and UK GAAP. Being well-versed in these standards will not only boost your confidence during interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 2
Network with professionals in the insurance audit sector. Attend industry events or webinars to connect with current employees at PwC or similar firms. This can provide you with insider knowledge about the company culture and expectations.
✨Tip Number 3
Prepare to discuss your project management experience in detail. Be ready to share specific examples of audits you've led, focusing on how you managed teams and resources effectively to deliver high-quality results.
✨Tip Number 4
Showcase your relationship management skills by preparing examples of how you've built and maintained positive relationships with clients and stakeholders. This is crucial for a managerial role where collaboration is key.
We think you need these skills to ace External Audit Manager - Insurance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in external auditing, particularly within the insurance sector. Emphasise your qualifications such as ACA, ACCA, or ICAS, and any specific projects that demonstrate your project management skills.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific aspects of the job description that resonate with you, such as leading multi-location teams or managing complex audit work, and explain how your background aligns with these responsibilities.
Showcase Your Skills: Highlight your strong project management skills and experience with IFRS and UK GAAP in your application. Provide examples of how you've successfully managed audits from planning to completion, and how you've built positive relationships with clients and team members.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in the auditing profession.
How to prepare for a job interview at PwC
✨Understand the Audit Landscape
Familiarise yourself with the current trends and challenges in the insurance audit sector. Being able to discuss recent developments or regulatory changes will show your commitment and knowledge about the industry.
✨Demonstrate Leadership Skills
As a Manager, you'll be leading teams. Prepare examples of how you've successfully managed teams in the past, focusing on your ability to mentor and develop junior staff while ensuring high-quality audit delivery.
✨Showcase Your Technical Expertise
Be ready to discuss your experience with IFRS, UK GAAP, and international auditing standards. Highlight specific instances where you applied these standards in complex audit situations to demonstrate your technical proficiency.
✨Build Rapport with Interviewers
Establishing positive relationships is key in this role. Practice engaging with your interviewers by asking insightful questions about their experiences and the company culture, which will help you connect on a personal level.