Senior Internal Auditor - Insurance

An excellent opportunity has arisen for an experienced Auditor with General Insurance expertise to join a highly visible and well-regarded audit function within a leading UK financial services organisation. This role offers the chance to lead end-to-end audits across key insurance operations while gaining unrivalled exposure to senior stakeholders, strategic initiatives and broad career progression opportunities

Client Details

Our client is a major UK financial services organisation with a well-established Internal Audit function that plays a significant role in shaping risk management, governance and business improvement across the business.

With a large and diverse audit team, the function provides exceptional visibility across the organisation. Auditors work closely with senior leaders and gain insight into strategic priorities, major transformation programmes and operational decision-making.

This is an environment where successful auditors often progress into wider finance, risk, compliance and specialist control roles, making it an excellent platform for long-term career development.

Description

• Lead and deliver end-to-end internal audits across General Insurance and customer-facing operations.
• Evaluate key business risks, control frameworks and governance arrangements.
• Perform detailed control testing and assess the effectiveness of existing processes.
• Develop a thorough understanding of operational activities and identify opportunities for improvement.
• Provide constructive challenge to stakeholders and deliver commercially focused audit recommendations.
• Prepare high-quality audit reports and communicate findings to senior management.
• Contribute to audit planning activities and support wider assurance projects.
• Build strong relationships across the organisation and engage with stakeholders at all levels, including senior leadership.
• Support the continuous enhancement of the audit function through sharing insights and best practice.

Profile

The successful candidate is likely to demonstrate:

• Internal or External audit experience within General Insurance
• Qualified ACA, ACCA, CIMA or equivalent
• Strong understanding of risk management, controls and audit methodology.
• Experience performing control testing and evaluating the effectiveness of business processes.
• The ability to understand complex operations and get beneath the surface of how processes work.
• Strong stakeholder management skills with the confidence to challenge constructively.
• A naturally inquisitive mindset and the ability to ask insightful questions.
• Resilience and the ability to operate effectively within a changing business environment.

Auditing experience in any of the following areas would be particularly advantageous:

• Underwriting Claims
• Commercial underwriting
• Brokering
• Pricing

Candidates from both internal and external audit backgrounds will be considered, particularly those who have developed strong risk and control expertise within the insurance sector.

Recruitment Process (2 stage)

• Initial informal Teams discussion with the Hiring Manager.

Final stage face-to-face interview focusing on core competencies, stakeholder engagement and commercial judgement, including scenario-based questions

Job Offer

• Salary of £55,000 to £65,000 depending on experience.
• Annual bonus of up to 17.5%.
• Generous pension up to 8% employee contributions, with employer contributions of up to 12%.
• Hybrid working with a minimum expectation of one day per week in the office.
• Office location in the West Midlands region.
• Exposure to senior stakeholders and strategic business initiatives.
• Opportunity to audit a broad range of business areas beyond your immediate specialism.
• Clear pathways into leadership, risk, compliance and specialist business functions.
• High-profile role with strong visibility across the organisation.
• Supportive and experienced wider audit team consisting of over 20 audit professionals.
• Opportunity to develop expertise across insurance operations, transformation programmes, technology and customer functions.