Internal Audit Manager - IT

Overview

PIC Pension Insurance Corporation (PIC) provides secure retirement incomes through risk management, asset and liability management, and exceptional customer service. Our purpose is to pay the pensions of our current and future policyholders. We aim to achieve this by setting company wide strategic objectives and fostering a healthy culture based on PIC Values:
Resilient, Adaptable, and Loyal.

Role

Purpose:

The role requires the ability to collaborate with the relevant business area to secure buy-in and implement improvements to systems, processes, and technology as appropriate. Apply knowledge of the Internal Audit function and its impact on policyholders. Deliver strong business outcomes relating to capital, profitability, Company brand, and market reputation while achieving positive outcomes for Board Committees consistently. Our company values should be reflected in the delivery and performance of every role.

Regulatory context: PIC operates in the financial services industry and is regulated by the FCA (Financial Conduct Authority) and the PRA (Prudential Regulation Authority). It is a requirement for all PIC employees to demonstrate a good understanding of the regulatory framework and how it applies to the Company.

• Responsible for the successful delivery of internal audits, including developing the internal audit scope, carrying out test plans, drafting audit reports, and documenting audit work consistently with IIA standards and the PIC IA audit manual.
• Conduct reviews individually or with other internal audit team members; carry out regular issue assurance to ensure adequate closure of actions.
• Demonstrate good practice and standards of internal audit; where relevant, make recommendations for improvement, help design new templates, and contribute to the PIC IA manual.
• Contribute to the preparation of internal audit status update reports and integrated assurance reports to management and Board committees.
• Contribute to the production of the annual written assessment of the adequacy and effectiveness of PIC's risk management, internal control, and governance processes and systems.
• Take ownership of defined projects and initiatives (in Internal Audit or in the business), agreeing scope and objectives, undertaking work, producing and presenting reports, and measuring outcomes.
• Develop broader experience and capability across PIC and pursue continuous learning in technical (data analysis, critical judgment) and non-technical (self-insight, relationship management) skills of Internal Audit.
• Keep informed of industry trends, market developments, regulatory changes, and best practices related to Technology by attending industry seminars, reading, and sharing relevant articles.

• Strong technical knowledge of Internal Audit with a focus on IT and Information Security.
• Familiar with IT governance, risk management, and internal control frameworks (e.g., COBIT, NIST, CSF, IS27001, ITIL).
• Understanding of operational resilience, business continuity, and disaster recovery frameworks.
• Advanced knowledge of information security domains including identity and access management, cyber security, network security, cloud security, data protection, and security operations.
• Understanding of internal audit standards, audit methodology, issue management, and quality assurance requirements.

• Strong organisational and communication skills.
• Ability to persuade and influence both directly and indirectly; effective stakeholder and resource management.
• Ability to prioritise and organise work to meet deadlines; ability to work within defined procedures as recommended by functional teams.
• Commercial judgment; good working knowledge of MS PowerPoint and MS Word.
• Experience with Teammate would be preferred.

• Professional qualification such as CISA, ACA, ACCA, CIIA, CISSP, CRISC, or equivalent, or progress towards obtaining them.
• Experience in developing and driving IT General Controls, Data Analytics, and AI would be beneficial.
• Experience delivering audits in an audit plan and assisting the Head of Audit in determining key areas to review.
• Capable and willing to work towards the role requirements.