19 Oct
Lockton Companies
London
Job description
Key Tasks and Responsibilities
1 . Strategic Leadership
- Collaborate with the GHIA to develop and implement risk-based audit plans tailored to regional operations, ensuring alignment with company objectives and regulatory requirements.
- Provide guidance and direction to audit team members.
- Proactively assist the GHIA in producing papers for Board / Committees and working group).
2 . Risk Assessment and Audit Planning
- Conduct comprehensive risk assessments of regional operations to timely identify risks and key areas of focus for internal audits.
- Develop detailed audit plans, including scope, objectives, and methodologies and detailed work programs.
- Coordinate with external auditors and regulatory agencies as needed to support audit activities.
3. Audit Execution and Reporting
- Execute audit engagements from end to end, conducting interviews, analysing data, evaluating controls to assess their adequacy, implementation and operating effectiveness and perform detailed testing procedures.
- Monitor the status of audit recommendations and follow up with stakeholders to ensure timely resolution of identified issues and deficiencies and proactive escalation as needed.
4. Continuous improvement
- Identify opportunities for process improvements, operational efficiency, and risk mitigation.
- Implement best practices and contribute to the development and enhancement of internal audit methodologies and approach.
Champion a culture of transparency, integrity, and accountability.
5. Stakeholder Engagement and relationship management
Cultivate strong relationships with key stakeholders across regional offices, including regional leadership, local senior management, business unit leaders, and support functions.
6. Regional Compliance
- Stay abreast of regulatory changes and industry trends impacting the insurance sector.
- Actively liaise with subject matter experts (internal and external) to ensure compliance with regional regulations and Lockton policies and procedures, providing guidance to business units on adherence to relevant standards.
Qualifications and / or Experience
- Fully qualified ACCA / ACA
- Significant post-qualified relevant professional audit / finance experience (this can include some years of audit related experienced within a big 4 or large Insurance broking internal audit function).
- Experience in managing audit teams.
- Strong understanding of the principles and application of good corporate governance, business and operational risk and control processes and procedures.
- Strong knowledge of assurance and audit procedures, including risk driven audit planning techniques and methods used to examine, verify and analyse business and financial operations, information, records, statements and reports, and the requirements of the "Standards for the Professional Practice of Internal Auditing".
- Strong knowledge of the principles, procedures and techniques of accounting, and of financial records and transactions.
- Good knowledge of the principles of information technology to conduct assurance activities related to the General computer environment and application controls.
- Experience in data analytics applied to auditing.
- Advanced working knowledge of Microsoft products (Word, Excel, Outlook) or similar software applications.
▶️ Senior Manager Internal Audit – EMEA and UK
🖊️ Lockton Companies
📍 London