Job Description

• To carry out internal audit assignments in accordance with the Audit plan. Such audits may include operational audits, process audits, governance reviews, and audits
• To recommend actions to address control weaknesses (and improvements to controls) identified during audit assignments; to negotiate suitable corrective actions and timelines with appropriate business managers and external stakeholders and to check recommendations have been implemented
• Delivering audit reports and other reports (e.g. analysis of results from industry wide audit programmes) as appropriate
• Assisting Lead Auditors in carrying out audits where high levels of uncertainty, judgment, change, sensitivity and/or experience are involved e.g. audits of external Insurance Members, complex process audits, project assurance reviews, governance reviews and commercial audits of outsourcing arrangements
• Establishing audit requirements and being involved in producing the audit plans
• Conducting and leading audit assignments that integrate business processes and IT applications, as required
• Establishing, developing and keeping up-to-date a risk-based audit framework in all relevant areas of the business to provide reassurance regarding risk and control
• Researching and agreeing criteria, scope, programme frequency, method and resource reporting
• Identifying business risks and controls; monitoring and reporting on the design and effectiveness of those controls
• Providing audit feedback and identifying best practice standards that may influence decisions affecting working practices and effective use of resources
• Making recommendations for improvements in all audited areas
• Representing the Internal Audit team at internal and external stakeholder meetings

Other Benefits include:

• Contributory Group Stakeholder Personal pension scheme
• Life Assurance
• Employee Incentive Scheme
• 25 days holiday (plus public holidays)
• Holiday purchase scheme
• Sports and Social Club
• Employee Assistance Programme

Required Knowledge, Skills, and Abilities

• Experience of working within an audit environment and performing audit work in line with professional audit practice
• To possess and/or develop a good working knowledge of the MIB and its procedures and practices
• Possess thorough knowledge of Corporate Governance practices, fraud, financial, legal and regulatory issues
• Possess knowledge and skills to audit across the boundaries between business processes and IT applications
• Self-motivated and able to work independently, displaying a high level of credibility and responsibility
• Excellent communication and interpersonal skills
• Excellent negotiating and influencing skills
• Ability to identify business risk in all environments encountered
• Good forensic and analytical skills
• Good knowledge of office-based software, including databases and spreadsheets
• Excellent report writing and presentation skills