Senior Internal Auditor

Red Ember Recruitment is seeking to hire a Senior Internal Auditor based in The Tygervalley area.

We are looking for an objective and experienced Senior Internal Auditor to add value and improve our client's operations by bringing a systematic and disciplined approach to evaluating and enhancing the effectiveness of risk management, internal controls, and governance processes.

The successful candidate will possess strong knowledge of risk management and control frameworks within the Financial Services sector, with specific experience in the non -life (short -term) insurance industry.

• Contribute to the development of strategic internal audit function documents including Charter, Audit Universe,
  
• Annual Audit Plan, Audit Manual, Strategic Plan etc.
  
• Perform risk assessment and integrated reviews to identify high -risk areas that require focus.
  
• Conduct internal audits to assess the design and operating effectiveness of controls as well as effectiveness of risk management, compliance and governance within the business, including:
  
• Pre - and post -implementation reviews of system implementations or enhancements.
  
• Reviews of management policies and procedures to ensure that controls are adequately implemented and operating effectively.
  
• Provide the business with guidance and recommendations on risk management practices.
  
• Perform data analytics.
  
• Within each audit assignment, being responsible for:
  
• Walkthroughs.
  
• Key risk and key control identification
  
• Defining testing strategies.
  
• Population analysis.
  
• Sample selections.
  
• Perform fieldwork and control effectiveness testing.
  
• Consolidate findings and agree action plans (recommendations).
  
• Prepare draft audit reports, highlight causes of findings, and present recommendations to management.
  
• Perform audits of intermediaries (binder holders and administrators)
  
• Execute internal audits within predetermined timeframes.
  
• Conduct peer reviews and follow -up activities across the group.
  
• Engage and oversee co -sourced service providers to ensure skills transfer, monitor service levels and be liaison to management.
  
• Build strong professional relationships with all key stakeholders.
  
• Prepare and present reports to governance committees, including the Audit Committee.
  
• Mentor and coach juniors on the job.
  
• Report to the Chief Audit Executive.
  
• Possible travelling across the group for audit activities.
  

Requirements

• CIA or CA(SA)
  
• Thorough understanding of Insurance legislation.
  
• 3 - 6 years of hands -on auditing experience (Preferably in Non -life/Short -term Insurance)
  
• Strong technical auditing skills (e.g. data analysis, process reviews, risk assessments, controls testing)
  
• Other certifications will be an added advantage.
  

• Attention to detail.
  
• Self -starter and ability to work independently.
  
• Strong relationship -building capability.
  
• Strong written and verbal communication skills.
  
• Problem identification and solution skills.
  
• Has the ability to assimilate and apply relevant business principles.
  
• Strong knowledge of operational risk concepts.
  
• Hands -on and involved in all aspects of the internal audit process.