Internal Audit Manager Jobs

Job Title: Internal Audit Manager

Division: General Management – Internal Audit

Reports To: As per Beazley’s org chart

Key Relationships: Risk Management, Compliance, Audit Committees, Regulators, senior management.

Job Summary: To design, plan and conduct effective internal audits of the syndicates and Beazley Group plc companies. To provide assurance to the Audit Committee of the effectiveness of the internal controls within the group.

Opportunities

Key Responsibilities:

o Planning approach to audits through risk assessments, understanding the control environment, ongoing work in the business and by the other assurance functions;

o Designing and completing a test plan which gives appropriate assurance over the following: the key risks; the design and operation of controls; Lloyd’s Minimum Standards; anti-financial crime, conduct and fraud risk factors; etc.;

o Apply audit techniques to audit testing such as sampling;

o Promoting operational efficiencies and identifying cost savings opportunities;

o Clearly documenting completed work, the results of testing and any issues arising;

o Identifying unmitigated risks, process and control issues as well as recommending improvements in clear, concise and accurate audit reports.

• Attend board and committee meetings as required.
• Ability to travel internationally – normally less than 5%.
• Prepare information for board and committee reporting.
• Compliance with relevant Beazley procedures and policies.

General

At Beazley we are committed to doing the right thing because it is the right thing to do. It is important that within all your interactions both internally and externally you adhere to this principle through adoption of Beazley’s core values and behaviours – PIED and Being Beazley.

§ Adopt the Beazley culture of Professionalism, Integrity, Effectiveness and Dynamic that contributes to an internal environment of teamwork and promote a positive brand image and experience to our external customers.

• Comply with Beazley procedures, policies and regulations including the code of conduct which incorporates the PRA and FCA Conduct Rules. Undertake training on Beazley policies and procedures as delivered by your line manager, Talent Management or assurance teams (compliance, risk, internal audit) either directly, via e-learning or the learning management system.

§ Display business ethics that uphold the interests of all our customers.

§ Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs.

§ Comply with any specific responsibilities necessary for your role as outlined by your line manager, the Talent Management or assurance teams (compliance, risk, internal audit) and ensure you keep up to date with developments in these areas. This may include, amongst others, Beazley’s underwriting control standards, Beazley’s claims control standards, other Beazley standards and customer relationship management.

• Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system. These may include membership of any Beazley committees or working groups.

Personal Specification:

Education and Qualifications

§ University degree of any discipline is desirable.

Skills and Abilities

§ Confident to liaise with different audiences

§ Ability to demonstrate professional credibility

§ Establish and maintain strong relationships within the business

§ Ability to influence and demonstrate strong commercial acumen

§ Flexibility to work on concurrent projects and priorities

§ Computer skills – good working knowledge of MS Office

§ Capacity to analyse information from a wide range of sources

§ Ability to make sound independent decisions

§ Strong communication and presentation skills

§ Strong motivational skills

§ Flexibility to work independently and in teams

§ Confident to work on own initiative

§ Ability to work with and persuade senior stakeholders

Knowledge and Experience

§ Experience analysing processes and controls.

§ Knowledge and experience of the insurance industry.

§ Preferable experience in the Lloyd’s market

Aptitude and Disposition

§ Outcome focussed; self-motivated; very flexible to change; and enthusiastic

§ Professional approach to successfully interact with stakeholders

§ Diplomatic in challenging situations

Competencies

§ Analytical thinking

§ Information seeking

§ Customer focus

§ Team working

§ Initiative

§ Using expertise

§ Integrity

§ Impact and influence