Senior Internal Auditor

River Stone International is an established global non‑life run‑off insurance business specialist with more than 25 years of experience. Operating in the UK company and Lloyd’s of London markets, Bermuda, U.S., and Europe, River Stone International has transacted a wide variety of deals – from insurance and reinsurance portfolio transfers to company purchases, acquiring over $17.7 billion of gross liabilities since 2010 and with around $6.4 billion of liabilities currently under management.

The role of Senior Internal Auditor will support the Audit Manager / Head of Group Internal Audit in meeting the objectives and purpose of the Internal Audit function, as set out in the Internal Audit Charter.

With a specific focus on:

• Leading the end‑to‑end delivery of assigned audits from the annual internal audit plan (from planning through to reporting, and tracking progress made by management against agreed actions).
• Meeting relevant business stakeholders to discuss the delivery of audits, broader business developments, and the status of open audit findings.
• Adhering to appropriate internal audit procedures (in line with requirements from relevant professional standards).
• Working collaboratively with other team members to further develop the Internal Audit function.

• Plan, carry out and conclude internal audits (financial, operational and compliance) in accordance with the annual Internal Audit procedures.
• Complete and document assigned work in line with expected standards, taking responsibility for addressing review feedback.
• Contribute to the development of appropriate management recommendations based on internal audit work performed.
• Assist with the quarterly risk assessment review process and monthly ExCo reporting (as required).
• Assist in drafting Internal Audit reports suitable for sharing with senior management and the Audit Committees.
• Assist with the review of the remedial actions taken by management, including assessment of adequacy of such actions in addressing earlier audit findings and recommendations.
• Provide support in respect of the management of other administrative responsibilities with regards to the internal audit function.
• Work collaboratively with other team members to further develop the Internal Audit function (regarding a continuous improvement mindset).
• Contribute to developing and maintaining a strong working relationship between the Internal Audit function and the business.
• Assist in the provision of coaching, support, and technical training to other team members.
• Improve own personal development through recommended experiences and learning curricula.
• Manage own time in line with internal resource allocation.

• Newly qualified as an accounting or internal audit professional (e.g., ACA, ACCA, CIA).
• 5+ years’ experience working as an Internal Auditor in the insurance sector or financial services (experience in general insurance and/or the Lloyd’s market is preferable).
• Experience in a supervisory role (providing hands‑on coaching and review to deliver high quality and efficient audit work).
• Interacting with a variety of business stakeholders.

• Newly qualified as an accounting or internal audit professional (e.g., ACA, ACCA, CIA).
• 5+ years’ experience working as an Internal Auditor in the insurance sector or financial services (experience in general insurance and/or the Lloyd’s market is preferable).
• Experience in a supervisory role (providing hands‑on coaching and review to deliver high quality and efficient audit work).
• Interacting with a variety of business stakeholders.

• Firm knowledge of internal auditing procedures, the requirements of the IIA’s Standards for the Professional Practice of Internal Auditing, and the IA Financial Services Code.
• Clear understanding and application of the principles of good corporate governance, business and operational risk and control processes/procedures.
• A good working knowledge of general insurance and the Lloyd’s market (insurance run‑off also desirable).
• Awareness of current and emerging risks on core areas of typical/potential IA focus. For example: conduct risk (Consumer Duty); information security and data…