Audit Manager; Actuarial Job Central London area,City Of London England UK,Finance & Banking

At M&G, our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.

Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.

Through telling it like it is, owning it now and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

We will consider flexible working arrangements for any of our roles and offer workplace adjustments to ensure you have the support you need to succeed in your role.

The Role:

To manage individual audit assignments and execute audit assignment work as required within the Finance Audit Team.
To execute all audit work with objectivity and independence from the business area, executive management and risk management
To deliver audit outputs at the necessary level of quality to satisfy internal requirements and external expectations

Key Responsibilities:

Overseeing and taking responsibility for the work delegated to and performed by team members.
Taking responsibility for the identification of, and request for, information needed to help identify key risks, key controls and scope areas.
Taking responsibility for the design and performance of audit testing across different business/operational areas.
Performing and/or overseeing audit testing across different business/operational areas.
Producing and reviewing audit files and working papers to ensure that they are of a consistently high standard in accordance with the requirements of the Internal Audit Standards Manual for all work performed under your responsibility
Leading and/or supporting in the discussion of the results of audit testing and any resultant observations with stakeholders
Ensuring that affected stakeholders are informed about the scope and purpose of the audit and all aspects of the audit timeline at the onset of the assignment and kept appraised of progress as the assignment progresses.
Actively participate in any Audit Community to which you belong

Experience:

Experience of influencing and negotiation at all levels of the organisation, strong awareness of when to escal(e?) audit issues upwards to more senior members of the audit team
Experience of influencing others and building strong relationships across the business
Significant experience of a broad range of audit frameworks and approaches, covering financial and non-financial risk
Experience of assessing, reacting quickly and decisively to problems once identified, taking tough decisions where needed
Experience of working closely with senior management, actuaries and Audit Committees to understand and delivery against expectations
Some experience of contributing to the development of business audit plans to ensure all major risks an area / BU faces are covered
Experience of acting as a technical coach / mentor to less experienced members of an audit team
Some experience of leading more junior auditors on complex and large assignments
Experience of using actuarial understanding linked with finance knowledge to support decision making.

Knowledge

Detailed knowledge of professional standards and codes relating to the actuarial specialism.
Relevant professional qualification (e.g. Actuary, or part qualified actuary) with significant relevant actuarial experience
Detailed level knowledge of life and pensions products, markets and competitors
Good knowledge of actuarial modelling and financial reporting Detailed knowledge of audit tools, techniques and industry best practice
Detailed level knowledge of the UK Financial Services sector, including regulatory, governance and risk management rules and regulations relevant to financial and non-financial risk
Detailed knowledge of M&G products, systems and distribution methods

Personal attributes:

Ability to build relationships with and understand the business whilst retaining complete independence as an auditor
Strong personal presence and resilience

What we offer:

We're dedicated to supporting your wellbeing and helping you thrive, both at work and beyond. Our benefits are designed to help you balance your professional and personal life, and financially plan for the future.

Our UK benefits include:

A valuable pension scheme of up to 18% (13% made up of employer contributions and 5% employee…