At a Glance
- Tasks: Lead audits from planning to reporting, ensuring high-quality delivery.
- Company: Join RiverStone International, a leader in global non-life insurance.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Dynamic role with opportunities for coaching and career advancement.
- Why this job: Make a real impact in the insurance sector while developing your auditing skills.
- Qualifications: 5+ years in internal audit, preferably in insurance; newly qualified professionals welcome.
The predicted salary is between 60000 - 75000 £ per year.
RiverStone International is an established global non-life run-off insurance business specialist with more than 25 years of experience. Operating in the UK company and Lloyd’s of London markets, Bermuda, U.S., and Europe, RiverStone International has transacted a wide variety of deals – from insurance and reinsurance portfolio transfers to company purchases, acquiring over $17.7 billion of gross liabilities since 2010 and with around $6.4 billion of liabilities currently under management.
The role of Senior Internal Auditor will support the Audit Manager / Head of Group Internal Audit in meeting the objectives and purpose of the Internal Audit function, as set out in the Internal Audit Charter.
With a specific focus on:
- Leading the end-to-end delivery of assigned audits from the annual internal audit plan (from planning through to reporting, and tracking progress made by management against agreed actions).
- Meeting relevant business stakeholders to discuss: the delivery of audits; broader business developments; the status of open audit findings.
- Adhering to appropriate internal audit procedures (in line with requirements from relevant professional standards).
- Working collaboratively with other team members to further develop the Internal Audit function.
Requirements
Desirable Experience
- Newly qualified as an accounting or internal audit professional (e.g. ACA, ACCA, CIA).
- 5+ years’ experience working as an Internal Auditor in the insurance sector or financial services (experience in general insurance and/or the Lloyd’s market is preferable).
- Experience in supervisory role (providing hands-on coaching and review to deliver high quality and efficient audit work).
- Interacting with a variety of business stakeholders.
Knowledge
- Firm knowledge of internal auditing procedures, the requirements of the IIA’s Standards for the Professional Practice of Internal Auditing, and the IA Financial Services Code.
- Clear understanding and application of the principles of good corporate governance, business and operational risk and control processes/procedures.
- A good working knowledge of general insurance and the Lloyd’s market (insurance run-off also desirable).
- Awareness of current and emerging risks on core areas of typical/potential IA focus. For example: conduct risk (Consumer Duty); information security and data protection.
- Experience of using innovative audit tools and techniques such as data analytics.
Skills
- Verbal and written communication.
- Analysis and problem-solving.
- Professionally sceptical mindset.
- Ability to work independently.
- Attention to detail.
- Documents work to a high standard (enabling another to re-perform the work).
- Ability to build relationships (with individuals at all levels).
- Coaching and supervision of others.
Senior Internal Auditor in London employer: riverstone international
RiverStone International is an exceptional employer, offering a dynamic work environment that fosters professional growth and collaboration. With a strong focus on internal audit excellence, employees benefit from hands-on coaching, innovative audit practices, and the opportunity to engage with diverse business stakeholders in the thriving Lloyd's of London market. The company's commitment to employee development and adherence to high professional standards makes it an attractive choice for those seeking meaningful and rewarding careers in the insurance sector.
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 insurance and financial services sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching RiverStone International thoroughly. Understand their business model, recent developments, and challenges in the insurance market. This will help you tailor your responses and show that you're genuinely interested in the role.
✨Tip Number 3
Practice your answers to common interview questions, especially those related to internal auditing and risk management. Use the STAR method (Situation, Task, Action, Result) to structure your responses and highlight your experience effectively.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage with us directly.
We think you need these skills to ace Senior Internal Auditor in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Internal Auditor role. Highlight your relevant experience in internal auditing, especially in the insurance sector. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for RiverStone International. Share specific examples of your past work and how it relates to the responsibilities outlined in the job description.
Showcase Your Skills:Don’t forget to showcase your skills in verbal and written communication, analysis, and problem-solving. We’re looking for someone who can interact with various stakeholders, so make sure to highlight any relevant experiences!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of it. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at riverstone international
✨Know Your Auditing Standards
Make sure you brush up on the IIA’s Standards for the Professional Practice of Internal Auditing. Being able to discuss these standards confidently will show that you’re not just familiar with them, but that you can apply them in real-world scenarios.
✨Showcase Your Experience
Prepare specific examples from your 5+ years in internal auditing, especially within the insurance sector. Highlight any supervisory roles you've had and how you’ve coached others to deliver high-quality audit work. This will demonstrate your leadership skills and depth of experience.
✨Understand the Business Landscape
Familiarise yourself with RiverStone International's operations and the Lloyd’s market. Being able to discuss current and emerging risks, like conduct risk and data protection, will show that you’re proactive and understand the broader context of your role.
✨Practice Your Communication Skills
Since the role involves interacting with various stakeholders, practice articulating your thoughts clearly and concisely. Prepare to discuss how you would build relationships across different levels of the organisation, as this is key to successful audits.
