Role Description:
The successful candidates will be part of the Asset Management and Life Assurance Audit team with responsiblities for the management of a (closed book) Life Insurer. This role will give a high level of autonomy and will involve audit execution, day to day management of the audit work, liaison with key client staff and the management of the reporting process. You will report to an Audit Director.
You will also have the opportunity to advise on supporting significant Solvency II projects and helping to develop more junior staff. You will also have the opportunity to audit other areas of the group including Asset Management, Treasury and Reinsurance.
Responsibilities include:
Experience/Qualifications:
Strong Regulatory professional sought to give compliance and regulatory assurance to the Retail Banking Audit team.
You will be familiar with recent FSA / FCA RCOB rules for risk and controls. You will have experience from a compliance function or have audited the compliance function within a large Retail investment, insurance or banking group. You will have the opportunity to develop knowledge of Compliance risk as well as provide expertise to other internal audit areas whenever there is a requirement. As a Regulatory Auditor your main responsibilities will involve:
You will have regular dialogue with the Senior Managers in London to discuss improvements to the audit of regulatory risk exposure.
Senior role within the Life business of a leading FTSE 100 company to lead the development and implementation of the audit plan for Actuarial controls .
Head of Audit role reporting to the COO, Risk Director and the Audit Committee.
This is a stand alone position where you will execute and review the internal audit plan for this growing London market insurer.
The group have Wholesale and Reinsurance lines of business: P&C, Marine & Energy, Casualty, Broker Reinsurance and Direct lines: Risk & Speciality Risk, Marine & Aviation and Professional Services. You must have previous experience of working within a senior role in one of the above business areas.
You must have a strong commercial outlook as well as having a strong audit or accounting background with the relevant ACA / ACCA/ IIA qualification.
This is a new role created as part of the group risk and controls strategy – an excellent time to join a growing business at a unique point of development… building a small audit team underneath this position is very much part of the mid term growth plan.
This role would suit a Senior Manager from a practice firm with very strong commercial experience, or a Senior Manger / Deputy Head of Audit in the Internal Audit function of an London Market or mid capital (re)Insurer looking for an upward career move.