INTERNAL AUDIT MANAGER – BERMUDA – 10% TAX – HR202
About this opportunity
Our client is a leading provider of capital management and risk transfer solutions within the insurance industry. With a global presence and headquarters in a well-established financial jurisdiction, they help organizations reduce risk, concentrate on core operations, and deploy capital more effectively.
They are currently hiring for the role of Internal Audit Manager. This is a compelling opportunity to join a dynamic Internal Audit team and contribute meaningfully to enhancing governance and risk management throughout the organization.
Key responsibilities:
Support the Group Head of Internal Audit in the development and maintenance of the Audit Universe and the Audit Plan process across the Group
Support the Group Head of Internal Audit in completing the risk-based audit plan across our client group entities and where appropriate third parties
Conduct internal audits and other assurance activities at our client including ad hoc investigations and reviews at the request of our client management and/or the Audit Committee
Coordinate internal audit work with other resources from within the group or with the co-source partners
Support the Group Head of Internal Audit in managing co-source service providers
Support the Group Head of Internal Audit in drafting Board, Committee and Exco reports
Review processes and controls to identify potential areas of risk and opportunities for operational improvements, including those areas related to safeguarding of assets, reliability of financial and management reporting, compliance with laws and regulations and effectiveness and efficiency of operations
Prepare 'client ready' reports on the results of internal audits, including agreed management action plans
Facilitate the introduction and/ development of standardized processes and controls and Internal Control System documentation throughout the group
Perform follow-up work to ensure management progress on actions within the agreed time scales
Perform other duties/participate in other group projects as assigned
Personally, and visibly comply with compliance policies, procedures and processes, attend and support compliance training. Participate in compliance training as required, and identify and communicate compliance risks in the Internal Audit function
Actively encourage, mentor, coach and supervise employees to promote compliant behaviour
Adhere to the company's compliance obligations as set out in Policies, procedures, staff guidelines, employee handbooks and Codes of Conduct relevant to the job-holder's role and duties
Report any control or compliance concerns, issues and failures and encourage staff to raise control and or compliance concerns
What you’ll need
A qualified accountant with 5+ years PQE in audit, or CIIA-qualified 8+ PQE in audit
5+ years’ wxperience working as an internal or external auditor, including with Life and/or P&C re/insurance experience
Experience of Non-life reinsurance run-off consolidators would be a significant benefit
Certification relating to -or experience of- some of the following areas is also desirable: claims management, risk management, compliance and/or business integration within Non-life
Capability to work independently with minimal supervision on defined audit projects
Experience in drafting near perfect reports
Process analysis skills, adequate to identify key risks and controls from procedural walkthroughs
Good communication skills regarding communicating with business managers about risk to the business
Experience of auditing investment, actuarial departments
How to apply
To apply, attach your résumé or include a link to your LinkedIn profile
If you don't provide one of the above, we can't progress your application
For reasons of confidentiality and to ensure best match for positions, our normal practice is to submit applications to employers only after we have had a Career Consultation with candidates. In the event that you are not shortlisted for this particular vacancy, your details will be held on file and considered for other relevant opportunities.
Our clients are equal opportunity employers and value diversity. They do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. If you believe you deserve an exceptional career, we’ll help make it happen.
