Internal Auditor - General Insurance

Responsible for performing local audit activities within respective area, from risk assessment to plan and engagement execution.

Tasks

Overall activities

- Involved in operational implementation projects, providing controls and risk consultancy.

Risk Assessment

- Performs the internal audit risk assessment;

Annual Planning

- Gives support for annual plan development and maintenance;

Audit Engagements

- Responsible for planning, scoping and delivering of medium/low complexity audit engagements identified in the audit plan;

- Accountable for day-to-day management of the audit in line with milestones;

- Responsible for the preparation of the Audit Plan Memo, Risk And Control Matrix, Half Time Review, Meeting Minutes, Issues Log, ToR and Audit Report;

- Responsible for the review and challenge of audit work delivered by the Auditor Level 4;

- Responsible for checking the issues resolution;

- Reports and escalates risks and issues as appropriate;

- Ensures agreed corrective actions by Auditor Level 1,2 and Top management are tracked and implemented;

- Responsible for managing day-to-day stakeholder relations;

Team contribution

- Contributes to the team in terms of professional skills, technical knowledge, and motivation.

Internal Relationship

- Develops relationships with Middle Management and Operational Team;

- Involved in relationships with Top management where delegated by the Auditor Level 2;

- Where delegated by Auditor Level 2, own and manage a limited number of relationships with the allocated area of the business.

External Relationship

Manages relationships with external auditors and other third parties (e.g. peers in other organizations, professional institutions, professional firms, etc.).

Success Measures

Timely and quality completion of annual targets e.g.

- Achievement of respective utilization target;

- Completion of respective audit engagements;

- Quality assurance results on respective audits.

- Ability to operate with minimum supervision on complex assignments and coordinate part of the team.

- Embraces life-long learning evaluated on e.g.

- Participation to training sessions;

- Performance improvement.

Professional Qualifications

College Degree or equivalent, ideally in business administration, finance, law, insurance/financial services/ management; IA professional certification holder (e.g. CPA, CISA, CIA) or relevant technical qualification.