Professional Services Recruitment

Internal Audit Manager - Edinburgh

To £75,000 plus excellent benefits - Financial Services - Accountancy & Finance
Ref: 1856 Date Posted: Tuesday 21 Sep 2021
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Internal Audit Manager

 

Job Description


Our client is one of the world’s largest investment companies, and are built on a long standing culture of caring about the future and making a positive impact. Together they invest for a better future. They do it to make a difference to the lives of their clients and customers, their employees, society and their shareholders.


Their strategy is to build a vibrant and value-creating purpose-led organisation, with the current and future needs of their stake holders at the heart of all they do.


They believe everyone should have a future to look forward to, and that means looking after their customers, our shareholders, and their people. They will help you grow and progress by acknowledging your talent, and rewarding you well. In return, you’ll give them your energy, enthusiasm and the drive to deliver results.


That way, we all have a promising future. They are looking for people to help ensure the business meets its regulatory, reputational and commercial requirements.


As one of the world’s largest financial services companies, their mission is to maximise sustainable, high quality returns for their shareholders and customers – and build a more prosperous world.


Key Responsibilities


The Internal Audit Manager (Insurance Products & Platforms) reports directly to the Head of Audit (“HoA”) for the Platforms business and is responsible for:
 

  • Development of a dynamic audit plan for the Life Company which meets audit needs and uses the departmental risk-based methodology
  • Resource, scope, plan & conduct (concurrent) complex or specialised audits in line with methodology and quality requirements – with minimal guidance required from HoA
  • Ensure issues identified are analysed to determine the root cause and findings reported on with related follow-up undertaken on a timely basis to ensure effective delivery
  • Effectively communicate complex information to a wide group of senior stakeholders against a background of continuous regulatory change
  • Ownership of key stakeholder relationships within the Life company as well as attendance at relevant Life committees and forums
  • Develop and maintain in-depth relevant business knowledge of the Life company and sharing this knowledge both within IA and the wider business
  • Build and maintain effective relationships across the IA function and work closely with other audit delivery teams
  • Support the HoA in delivery of the wider Platforms audit plan

Candidate requirements
 

  • Insurance experience essential
  • Qualified Accountant or other relevant professional qualification e.g. CIIA or qualified Actuary, with significant experience in an insurance context
  • Strong understanding of life insurance accounting
  • Specialist knowledge of unit linked insurance products and insured funds
  • Good working knowledge of Solvency II
  • Working knowledge/experience of Part VII transfer process desirable
  • First class stakeholder engagement skills and a genuine ability to communicate effectively at the most senior levels
  • Excellent written and verbal communication skills

Benefits


There's more to working life than coming home with a good salary. Our client has an environment where you can learn, get involved and be supported.
When you join them, your reward will be one of the best around, including 40 days annual leave, a 16% employer pension contribution, a discretionary performance based bonus (where applicable), private healthcare and a range of flexible benefits including gym discounts, season ticket loans and access to an employee discount site amongst many others.


How We Create Value


Our client’s strategic drivers are the foundations from which they deliver for all their stake holders: High Impact Intelligence, Enduring Relationships, Connections without borders and Future fit.


Inclusive Culture


Our client is committed to exploring the possibilities of working smarter. This means they would like to hear from you, whatever way you like to work.

They have a long-term commitment to building inclusive workplaces; they value diversity in the workforce and welcome enquiries from everyone. If you need assistance or a reasonable adjustment due to a disability please let us know as part of your application and we will assist.

They are committed to providing an inclusive workplace where all forms of difference are valued and which is free from any form of unfair or unlawful treatment. They define diversity in its broadest sense – this includes but is not limited to our diversity of educational and professional backgrounds, experience, cognitive and neurodiversity, age, gender, gender identity, sexual orientation, disability, religion or belief and ethnicity and geographical provenance. They support a culture that values meritocracy, fairness and transparency and welcomes enquiries from everyone. If you need assistance or an adjustment due to a disability please let us know as part of your application and we will assist.

Internal Audit Manager

 

Job Description


Our client is one of the world’s largest investment companies, and are built on a long standing culture of caring about the future and making a positive impact. Together they invest for a better future. They do it to make a difference to the lives of their clients and customers, their employees, society and their shareholders.


Their strategy is to build a vibrant and value-creating purpose-led organisation, with the current and future needs of their stake holders at the heart of all they do.


They believe everyone should have a future to look forward to, and that means looking after their customers, our shareholders, and their people. They will help you grow and progress by acknowledging your talent, and rewarding you well. In return, you’ll give them your energy, enthusiasm and the drive to deliver results.


That way, we all have a promising future. They are looking for people to help ensure the business meets its regulatory, reputational and commercial requirements.


As one of the world’s largest financial services companies, their mission is to maximise sustainable, high quality returns for their shareholders and customers – and build a more prosperous world.


Key Responsibilities


The Internal Audit Manager (Insurance Products & Platforms) reports directly to the Head of Audit (“HoA”) for the Platforms business and is responsible for:
 

  • Development of a dynamic audit plan for the Life Company which meets audit needs and uses the departmental risk-based methodology
  • Resource, scope, plan & conduct (concurrent) complex or specialised audits in line with methodology and quality requirements – with minimal guidance required from HoA
  • Ensure issues identified are analysed to determine the root cause and findings reported on with related follow-up undertaken on a timely basis to ensure effective delivery
  • Effectively communicate complex information to a wide group of senior stakeholders against a background of continuous regulatory change
  • Ownership of key stakeholder relationships within the Life company as well as attendance at relevant Life committees and forums
  • Develop and maintain in-depth relevant business knowledge of the Life company and sharing this knowledge both within IA and the wider business
  • Build and maintain effective relationships across the IA function and work closely with other audit delivery teams
  • Support the HoA in delivery of the wider Platforms audit plan

Candidate requirements
 

  • Insurance experience essential
  • Qualified Accountant or other relevant professional qualification e.g. CIIA or qualified Actuary, with significant experience in an insurance context
  • Strong understanding of life insurance accounting
  • Specialist knowledge of unit linked insurance products and insured funds
  • Good working knowledge of Solvency II
  • Working knowledge/experience of Part VII transfer process desirable
  • First class stakeholder engagement skills and a genuine ability to communicate effectively at the most senior levels
  • Excellent written and verbal communication skills

Our Benefits


There's more to working life than coming home with a good salary. Our client has an environment where you can learn, get involved and be supported.
When you join them, your reward will be one of the best around, including 40 days annual leave, a 16% employer pension contribution, a discretionary performance based bonus (where applicable), private healthcare and a range of flexible benefits including gym discounts, season ticket loans and access to an employee discount site amongst many others.


Value


Our client’s strategic drivers are the foundations from which they deliver for all their stake holders: High Impact Intelligence, Enduring Relationships, Connections without borders and Future fit.


Inclusive Culture


Our client is committed to exploring the possibilities of working smarter. This means they would like to hear from you, whatever way you like to work.

They have a long-term commitment to building inclusive workplaces; they value diversity in the workforce and welcome enquiries from everyone. If you need assistance or a reasonable adjustment due to a disability please let us know as part of your application and we will assist.

They are committed to providing an inclusive workplace where all forms of difference are valued and which is free from any form of unfair or unlawful treatment. They define diversity in its broadest sense – this includes but is not limited to our diversity of educational and professional backgrounds, experience, cognitive and neurodiversity, age, gender, gender identity, sexual orientation, disability, religion or belief and ethnicity and geographical provenance. They support a culture that values meritocracy, fairness and transparency and welcomes enquiries from everyone. If you need assistance or an adjustment due to a disability please let us know as part of your application and we will assist.