Internal Auditor

Renumeration:

R800 000 - R900 000k per annum

About our client:

As the world's leading reinsurance company with 40,000 employees at over 50 locations in all parts of the world, our client introduces a paradigm shift in the way you think about insurance.

Your Business Unit:

Reporting to the Chief Operating Officer, you will manage a small team to develop and implement the corporate communication and marketing strategy. You will manage key senior stakeholder relationships, including the country's CEO and executive leadership team, and have a matrix reporting line to the Head of Marketing & Communication, APAC, based in Singapore.

Responsibilities:

• Efficient performance of all scheduled, ad-hoc, and Group audits based on the
  standards of the Institute of Internal Auditors (llA), local regulations, and Group
  Audit requirements.
• Manage the cradle-to-grave audit process including resource and group
  coordination where applicable, audit execution, reporting, and follow-up.
• Have a good understanding of the regulatory environment in South Africa and
  keep up with regulatory changes in the audit, governance, and insurance space.
• Coordinate all auditing issues and ensure excellent communication with
  the management of units to be audited.
• Create valuable business insights from internal audit activity and commercial
  knowledge to support decision-making.
• Issue audit reports of high quality with particular attention to major or serious
  deficiencies and to the measures agreed to remedy them.
• Monitor the implementation of agreed measures to remedy deficiencies
  appropriately and in a timely manner.
• Support the Head of Audit to prepare periodic reporting to Group Audit, the Board
  executive management, and regulators.
• Proactive engagement and positive relationship management with assigned
  business areas.
• Exchange and collaborate with management of other Group audit units when
  necessary.
• Support the Head of Audit in developing, implementing, and maintaining a risk-based internal audit plan, aligned with the business
• Build a professional working relationship with the business as a trusted advisor.

Requirements

• At least 7 years of professional experience in internal audit, compliance, risk management, quality assurance, or related functions, ideally in the (re-)insurance or financial services industry. Relevant business experience would be an advantage.
• Knowledge of South Africa (re) insurance market and applicable prudential regulations.
• Intermediate to advanced knowledge of data analytics software (e.g. ACL, Idea) is of advantage
• FIAA
• Qualified University degree, preferably in Accounting, Actuarial Science, Finance, Economics, or Law
• Relevant audit certifications(e.g. CIA/CISA/CA) or willingness to work towards