Senior Internal Auditor

5w1 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 individual must possess a good understanding of risks and controls. Strong English written and verbal communication skills enable effective collaboration with internal teams and the business.

The Senior Internal Auditor participates in operational audit activity supporting risk-based audits, advisory projects, regulatory reviews, and investigations across areas like underwriting, claims, operations, and finance. On assigned audits, take ownership of key components including audit planning, fieldwork, and reporting. Lead walkthroughs, draft audit programs, provide testing oversight, and execute testing as needed.

Use problem-solving and critical thinking to identify internal control deficiencies, evaluate risk implications, and advise management auditees. Build and nurture positive working relationships with management. Work effectively alone or in multi-person teams within a dynamic insurance environment.

Contribute to Internal Audit initiatives such as process improvements, efficiencies, and application of AI and new technologies. Gain exposure to general insurance processes including accounting, underwriting, claims, and regulatory bodies. Develop skills in data analytics and project management from design to execution.

Requirements

Bachelor’s degree; recently qualified or working towards relevant professional membership/qualifications (e.g., ACCA, Certified Internal Auditor) is a plus, but not required
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
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
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 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