With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.Role Summary and PurposeAs a Senior Internal Auditor, you will be a key member of our Internal Audit team, responsible for evaluating and improving the effectiveness of our risk management, control, and governance processes. You will work closely with various departments to assure the effectiveness of our control framework and facilitate operational efficiency.The role holder will perform internal audits for Arch Insurance International with a primary focus on Arch UK Group (AUKG) and its regulated entities. Risk-based internal audits include review of operational, financial, regulatory and governance and internal control processes. Internal audit work may also include consulting engagements to support our business teams and executive management.In this role you will plan and conduct high quality, risk-focused audits in accordance with the IIA Global Internal Audit Standards, CIIA Code of Practice and Internal Audit policies, procedures and methodologies to identify issues and address priority risks.This is a key member of the Internal Audit team who takes ownership and pride in their work and the success of the team.Key Tasks and ResponsibilitiesConduct audits across different functions within the group, focusing on risk management and complianceDevelop audit plans and strategies, ensuring alignment with AUKG organisational objectivesPrepare and lead effective walkthroughs to gain an understanding of the processes being audited including documentation of resultsDesign audit programs in accordance with professional audit standards and regulatory expectations, including Lloyd’s PrinciplesLead on the delivery of planned audits including drafting high-quality evidence-based findings and value-add recommendations as part of the overall internal audit reportCollaborate with stakeholders to implement audit recommendations and follow up periodically to ensure recommendations have been embedded by the businessParticipate in special projects as assigned by managementEngage in relevant training regarding audit, businesses, financial controls and regulation to ensure compliance and competency within internal auditing workMaintain audit proficiency through self-study, training and professional association membershipsWork independently and in a team to maximise performanceMentor and guide junior auditors, fostering a culture of collaboration and continuous improvementRole Requirements & SkillsStrong understanding of the audit process including the IIA Global Internal Audit Standards and the CIIA UK Code of PracticeStrong analytical and problem-solving skillsFamiliarity with the use of data analyticsUnderstanding of risk management and internal controlsStrong written and verbal communication skills including reflective listening, presenting, workpaper documentation and report writingThe ability to work within a team and to escalate issues that require attentionDraft improvements that add value for the organisationTime and project management skills with the ability to prioritise and multitaskA high level of accuracy and attention to detailQualifications and ExperienceRelevant degree from an accredited college or universityProfessional certification (ACA, CIA or equivalent) preferredExperience within the insurance sector and ideally experience of the Lloyd’s marketDo you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our to share your preferences directly with Arch’s Talent Acquisition team.14101 Arch Europe Insurance Services Ltd
