Lead Auditor

At MIB our people are passionate about making roads safer by getting uninsured and hit-and-run drivers off our roads. Working in partnership with the Police, Insurers and Government our collective aim is to make it a thing of the past but, until that’s accomplished, we’re here to compensate victims quickly, fairly and compassionately.

Last year we helped more than 34,000 people struck by uninsured and hit-and-run drivers and paid over £400 million in compensation to support victims rebuild their lives.

• To carry out and lead specific data or operational audits of insurance companies (and other third parties in the UK general insurance industry) as required by such firms’ membership/usage of specific services provided by the MIB’s Client Companies. (e.g. ELTO insurers)
• Such audits may include adhering to deadlines imposed by the relevant regulatory framework and/or needs of the relevant Client Company’s governance structures.
• To identify practices which contravene the governing body’s regulatory framework.
• To recommend actions to address control weaknesses (and improvements to controls) identified during audit assignments; to negotiate suitable corrective actions and timelines with appropriate stakeholders and to check recommendations have been implemented.

• Writing and delivering ELTO audit reports for external third parties.
• Communicating audit findings to third party stakeholders, including audit recommendations.
• Taking the lead in establishing individual audit requirements and co-ordinating the audit fieldwork.
• Developing audit frameworks and audit work programmes to meet the changing demands of the Client Companies and contributing to their ongoing evolution in response to the Audit Team’s findings.
• Carrying out special ad hoc internal and external reviews where required.
• Assessing and escalating issues of concern in relation to the technical and practical application of regulatory requirements for clarity and discussion by the ELTO Board and management team.
• Assessing auditee challenges to the audit findings and progressing such challenges to a satisfactory solution for all stakeholders.
• Identifying and escalating instances of non-cooperation among auditees, exploring all available avenues for resolution among internal stakeholders.
• Evaluating any issues of concern to determine whether intervention is required by either the ELTO Board or the Financial Conduct Authority, and reporting any such concerns via the Audit Manager.
• Making recommendations on improvements in all audited areas.
• Working to tight deadlines (inc regulatory deadlines), and monitoring auditees’ progress against agreed timelines and objectives.
• Monitoring progress against personal objectives as agreed with the Audit Manager.
• Personally leading the delivery of an agreed portfolio of audits to support the team’s delivery of the wider audit plan.
• Planning and performing audits of the MIB’s information security framework against the requirements of ISO
  27001:2022.
• Supporting development of other Lead Auditors’ and the Compliance Auditors’ audit skills via on-the-job training.
• Writing and delivering audit reports on MIB’s compliance with the ISO 27001:2022 framework to MIB stakeholders.
• Producing confidential Executive Management reports as directed by the Audit and Compliance Manager.
• Representing the Audit team at external stakeholder meetings.
• Deputising for the Audit and Compliance Manager, as required.

• Institute of Internal Auditors level 7 Diploma in internal audit practice (leading to the PIIA designation) and be willing to work towards the Institute of of Internal Auditors level 7 Diploma in internal auditing and management. (leading to the MIIA designation); and/or
• ACA (ICAEW)…