At a Glance
- Tasks: Join our team to conduct audits and compliance reviews across various business functions.
- Company: A leading property casualty insurer with a culture of innovation and collaboration.
- Benefits: Enjoy private medical insurance, generous holiday entitlement, and a wellness programme.
- Other info: Opportunities for community involvement and career growth await you!
- Why this job: Make a real impact while developing your skills in a supportive environment.
- Qualifications: Bachelor’s degree in a business-related field and some auditing experience.
The predicted salary is between 40000 - 50000 £ per year.
Who Are We? Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.
What Is the Opportunity? We are currently recruiting for an Auditor to join our team in London on a permanent basis. The ideal candidate will have previous experience in an auditing role within the insurance or financial services sector, or come from a financial operations background. In this role, you will, under moderate supervision, participate in audits and compliance reviews across a range of business functions. You will be responsible for identifying risks and controls, executing testing procedures, and documenting findings and conclusions. You will follow established departmental methodologies and support the development of clear, well-structured audit issues and recommendations for the business.
What Will You Do?
- Participate in audits and Sarbanes-Oxley compliance reviews of various company business functions, incorporating an understanding of business processes, risk assessment techniques, GAAP and statutory accounting principles, and generally accepted auditing standards.
- Identify risks and test controls associated with financial integrity, operational effectiveness, compliance with rules and regulations, and systems and data integrity.
- Develop and execute specific testing procedures and document test results for assigned sections of audits/projects.
- Analyze findings and test results and arrive at sound fact-based conclusions and appropriate recommendations for problem areas noted.
- Prepare documentation in adherence to internal audit professional standards, best practices and Corporate Audit's methodology.
- Contribute to the preparation of issues and findings including recommendations for improvement.
- Consistently adhere to internal audit professional standards, best practices and Corporate Audit’s methodology.
- Perform other duties as assigned.
What Will Our Ideal Candidate Have?
- Bachelor’s degree in a business-related field.
- Working knowledge of risk assessment, accounting, and auditing principles.
- Qualified or finalist Accountant or Internal Auditor.
- Technical competence: Introductory understanding of the relationships between financial, operational and technology risks and controls, as well as the insurance industry.
- Basic knowledge of Sarbanes-Oxley requirements.
- Basic understanding of the audit cycle, universe, plan and schedule, including business monitoring and SOX validation.
- Advanced skills with commonly used office software including MS Office, email and the internet.
- Ability to leverage CAATs to improve audit test efficiencies and effectiveness.
Leadership:
- Ability to plan ahead and organize tasks, manage time well, be on time and be cost conscious.
- Ability to receive feedback, willingness to learn and ability to embrace continuous improvement.
Communication:
- Ability to demonstrate effective verbal, written and listening communication skills.
- Ability to articulate messages to business management through formal and informal presentations.
- Ability to document clear and concise work papers.
Build relationships:
- Ability to build productive working relationships with co-workers, business management and external parties.
Teamwork:
- Ability to collaborate in situations when actions are interdependent and a team is mutually responsible to produce a result.
- Maintains smooth, effective working relationships; promotes effective teamwork.
Must Have
- Previous work experience in either audit or property casualty business.
What Is in It for You?
- Private Medical Insurance: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
- Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan. Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.
- Holiday Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
- Wellness Programme: The Travelers wellness programme is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health programme provides access to free professional counseling services and other resources that support your daily life needs.
- Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards programme that enables you to give back to the charity of your choice.
Employment Practices: Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences. If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you. Travelers reserves the right to fill this position at a level above or below the level included in this posting.
Auditor employer: Travelers Europe
Contact Detail:
Travelers Europe Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Auditor
✨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 asking for informational interviews. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of auditing principles and the Sarbanes-Oxley Act. We recommend practising common interview questions related to risk assessment and compliance. The more confident you are, the better you'll perform!
✨Tip Number 3
Showcase your skills! Create a portfolio that highlights your previous audit work, including any successful projects or recommendations you've made. This will give potential employers a tangible sense of what you can bring to their team.
✨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 joining our team at Travelers. Let’s make it happen!
We think you need these skills to ace Auditor
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Auditor role. Highlight your previous experience in auditing or financial services, and don’t forget to mention any relevant qualifications. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your background makes you a perfect fit. Keep it concise but engaging – we love a good story!
Showcase Your Skills: Don’t just list your skills; demonstrate them! Use specific examples from your past experiences that show how you’ve successfully identified risks, executed testing procedures, or contributed to audit findings. We want to see your expertise in action!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s super easy, and you’ll be able to track your application status. Plus, it shows us you’re serious about joining our team!
How to prepare for a job interview at Travelers Europe
✨Know Your Stuff
Make sure you brush up on your auditing principles and the specific requirements of the insurance industry. Familiarise yourself with Sarbanes-Oxley compliance and GAAP standards, as these will likely come up during your interview.
✨Showcase Your Experience
Prepare to discuss your previous auditing roles or any relevant financial operations experience. Be ready to share specific examples of how you've identified risks, executed testing procedures, and documented findings in past positions.
✨Practice Your Communication Skills
Since effective communication is key in this role, practice articulating your thoughts clearly. You might be asked to present your findings or recommendations, so being able to convey complex information simply will set you apart.
✨Demonstrate Team Spirit
Highlight your ability to work collaboratively. Think of examples where you’ve successfully worked in a team to achieve a common goal, especially in situations that required interdependence and mutual responsibility.