Senior Internal Auditor

6w1 month ago

Chubb

London, GB · Full-time · £60,000 – £85,000

About this role

The successful candidate will assist in the planning, execution, and delivery of internal audits, reviews, and projects. This role demands a good understanding of risks and controls. Strong English written and verbal communication skills are essential to work effectively with internal teams and the business.

Participate in operational audit activity supporting risk-based audits, advisory projects, regulatory reviews, and investigations for areas such as underwriting, claims, operations, and finance. On assigned audits and projects, take ownership of key components of the end-to-end audit process, including planning, fieldwork, and reporting. Use problem-solving skills to identify control deficiencies and advise management.

Build and nurture positive working relationships with management auditees. Demonstrate ability to work alone or in multi-person teams. Leverage strong interpersonal skills to collaborate across the organization.

Contribute to the development and implementation of Internal Audit initiatives, such as improvements to audit processes and application of AI and new technologies. Apply data analytics in support of the audit process. Gain exposure to general insurance and reinsurance operations in a dynamic environment.

Requirements

Minimum of 3 years of external and/or internal audit experience with a professional services firm (preferably in insurance) or internal audit experience with a general insurer
A good understanding and working knowledge of internal audit practices and techniques
Knowledge of general insurance and reinsurance accounting, underwriting and claims processes, regulatory bodies, and general insurance products
Strong interpersonal, written and oral communications skills
Ability to analyze and identify issues to provide recommendations for remediation
Strong analytical skills with ability to understand complex processes and collate large volumes of information
Experience using data analytics in support of the audit process
Strong project management skills and experience in leading and performing projects from design to execution

Responsibilities

Participate in operational audit activity supporting risk-based audits, advisory projects, regulatory reviews and investigations for risk areas such as underwriting, claims, operations, finance and other critical operational areas/functions
Take ownership on key components of the end-to-end audit process, such as audit planning (lead walkthroughs, draft audit programs and risk assessments), fieldwork (provide testing oversight and/or execute testing), and reporting (draft audit reports/memos)
Use problem solving and critical thinking skills to identify internal control deficiencies, evaluate their risk implications, and draw the appropriate conclusions to best advise management auditees
Build and nurture positive working relationships with management auditees
Contribute to development and implementation of Internal Audit initiatives, such as improvements and efficiencies to audit processes, application of AI and new technologies