Job Description
Full job description
General:
Job Title: Internal Audit Manager
Division: General Management – Internal Audit
Key Relationships: Risk Management, Compliance, Audit Committees, Regulators, senior management.
Job Summary: To design, plan and conduct effective internal audits of the Beazley Group plc companies. To provide assurance to the Audit Committee of the effectiveness of the internal controls within the group.
Key Responsibilities:
To support the Heads of Internal Audit in discharging duties related to delivering the audit plan.
Internal audit work will involve:
Leading and supporting on the delivery of multiple internal audits concurrently.
Planning approach to audits through risk assessments, understanding the control environment, ongoing work in the business and by the other assurance functions;
Designing and completing a test plan which gives appropriate assurance over the following: the key risks; the design and operation of controls; Lloyd’s Principles; anti-financial crime, conduct and fraud risk factors; etc.;
Apply audit techniques to audit testing such as sampling;
Promoting operational efficiencies and identifying cost savings opportunities;
Clearly documenting completed work, the results of testing and any issues arising;
Identifying unmitigated risks, process and control issues as well as recommending improvements in clear, concise and accurate audit reports.
Perform special projects as requested.
Prepare information for board and committee reporting.
Attend board and committee meetings as required.
Compliance with relevant Beazley procedures and policies.
Ability to travel internationally – normally less than 5%.
General
It is important that within all your interactions both internally and externally you adhere to Beazley’s core values - Being Bold, Striving for Better, and Doing the Right Thing – as they contribute to an internal environment of teamwork and promote a positive brand image and experience to our external customers. We also expect Beazley employees to:
Comply with Beazley procedures, policies and regulations including the code of conduct, which incorporates the PRA and FCA Conduct.
Undertake training on Beazley policies and procedures as delivered by your line manager, the Culture & People 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 Culture & People 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 & Qualifications
An Internal Audit qualification (or equivalent) is desirable.
Skills & 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 & Experience
Experience analysing processes and controls
Knowledge and experience of the insurance industry
Preferable experience in the specialty and / or Lloyd’s and London insurance markets
Aptitude & Disposition
Outcome focused; 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
General:
Job Title: Internal Audit Manager
Division: General Management – Internal Audit
Key Relationships: Risk Management, Compliance, Audit Committees, Regulators, senior management.
Job Summary: To design, plan and conduct effective internal audits of the Beazley Group plc companies. To provide assurance to the Audit Committee of the effectiveness of the internal controls within the group.
Key Responsibilities:
To support the Heads of Internal Audit in discharging duties related to delivering the audit plan.
Internal audit work will involve:
Leading and supporting on the delivery of multiple internal audits concurrently.
Planning approach to audits through risk assessments, understanding the control environment, ongoing work in the business and by the other assurance functions;
Designing and completing a test plan which gives appropriate assurance over the following: the key risks; the design and operation of controls; Lloyd’s Principles; anti-financial crime, conduct and fraud risk factors; etc.;
Apply audit techniques to audit testing such as sampling;
Promoting operational efficiencies and identifying cost savings opportunities;
Clearly documenting completed work, the results of testing and any issues arising;
Identifying unmitigated risks, process and control issues as well as recommending improvements in clear, concise and accurate audit reports.
Perform special projects as requested.
Prepare information for board and committee reporting.
Attend board and committee meetings as required.
Compliance with relevant Beazley procedures and policies.
Ability to travel internationally – normally less than 5%.
General
It is important that within all your interactions both internally and externally you adhere to Beazley’s core values - Being Bold, Striving for Better, and Doing the Right Thing – as they contribute to an internal environment of teamwork and promote a positive brand image and experience to our external customers. We also expect Beazley employees to:
Comply with Beazley procedures, policies and regulations including the code of conduct, which incorporates the PRA and FCA Conduct.
Undertake training on Beazley policies and procedures as delivered by your line manager, the Culture & People 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 Culture & People 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 & Qualifications
An Internal Audit qualification (or equivalent) is desirable.
Skills & 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 & Experience
Experience analysing processes and controls
Knowledge and experience of the insurance industry
Preferable experience in the specialty and / or Lloyd’s and London insurance markets
Aptitude & Disposition
Outcome focused; 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
💡 Quick Summary
Seeking a career-building opportunity? The Internal Audit Manager position is now open for candidates interested in the Accountant Jobs sector. This role in London offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.