Senior Internal Auditor

6w1 month ago

Chubb

London, GB · Full-time · £65,000 – £85,000

About this role

The successful candidate will assist in the planning, execution, and delivery of internal audits, reviews, and projects. This role requires 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.

The Senior Internal Auditor will participate in operational audit activity supporting risk-based audits, advisory projects, regulatory reviews, and investigations. These cover risk areas such as underwriting, claims, operations, finance, and other critical functions. Ownership is taken on key components of the end-to-end audit process.

Audits involve leading walkthroughs, drafting audit programs and risk assessments, providing testing oversight, executing testing, and drafting audit reports or memos. Problem-solving and critical thinking skills identify internal control deficiencies and evaluate their risk implications. Conclusions advise management auditees effectively.

Build and nurture positive working relationships with management auditees. Contribute to development and implementation of Internal Audit initiatives, including improvements to audit processes and application of AI and new technologies.

Requirements

Bachelor’s degree
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

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 appropriate conclusions to 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