Senior Audit Manager (Insurance)

Reed Finance
09 Feb 2017
09 Mar 2017
Contract Type
Full Time
An exciting opportunity to join this rapidly growing Top 10 firm in a significant role as Senior Audit Manager within the Insurance Audit arena

You will be responsible for the following areas:
Internal audit and other assurance
• Leading reviews and making effective and added-value recommendations to clients' senior management.
• Being a key member of the management of the division and contributing to its success.
Deliver works and respond to clients in a timely manner.
Provide sound advice to clients and demonstrate knowledge of wider business issues
• Compliance with Institute of Internal Auditors (IIA) Code of Conduct and where applicable and other regulatory compliance
• Supervise and review junior auditors’ work, as required
• Support Insurance in technical development as required
• Contribute to the development of new business by attending and presenting at tender opportunities and networking events

External audit
• Prepare the PROaudit pack, including review of the planning memorandum, working paper file, financial statements and audit conclusions, which will include technical report writing
• Ensure partners review and sign off planning papers, to ensure fieldwork of the audit can start within a timely manner
• Manage the audit process, including budgets and timescales, as well as completing required forms, providing commentary on accounts, summarising outstanding points to managers, analytical review, passing file to senior team members for review, and finalise all review points
• Plan assignments in accordance with ISAs using the software provided
• Ensure each clients’ company accounts are filed within the statutory timelines
• Prepare own work schedules and plan / develop daily work plan from job objectives
• Identify and resolve potential obstacles in achieving objectives
• Take responsibility for technical matters and resolve any problems which may arise
• Show evidence of up-to-date awareness and understanding of company law, taxation and financial reporting issues
• Assist the audit partner in setting and communicating the audit strategy to the audit team
• Review and approve budgets and monitor performance against budgets in conjunction with engagement partner
• Responsible for day-to-day staff planning, ensuring the right level of technically qualified staff are booked on to each audit assignment for the appropriate amount of time
• Set and agree the level of decision making with members of the team
• Ensure all audit staff within your designated team complete work within allocated timescales and to the standard required. If problems occur, seek ways to resolve matters quickly and efficiently
• Assist with setting targets and objectives for junior staff, as well as on the job training and coaching. Completing job appraisals for staff, assisting in identifying development needs and opportunities
• Arrange debriefing sessions after each assignment and provide feedback on performance and budget with an explanation of any variance
• Suggest ideas and concepts for increased marketing opportunities with existing clients
• Produce six monthly reports, confirming business development initiatives/activities
• Specialise in marketing a particular area(s) of expertise, with a view to developing niche markets

You will need to demonstrate the following skills and attributes to be considered for the role:
• Qualified Internal Auditor, (PIIA, MIIA, CCAB) or Accountant
• Proven relevant insurance experience, gained in a similar internal auditing role
• Understanding of risk management best practice models
• Competent at using Microsoft applications
• Working knowledge of Internal audit software
• People management skills (proven experience of managing at supervisory level)
• Excellent communication and presentation skills
• Strong organisational and time management skills
• Able to influence internal / external clients and colleagues
• Has proven planning and prioritising skills
• Able to work under pressure with accuracy and focus
• Able to demonstrate problem solving skills
• Keen to add value to our clients’ businesses

Reed Specialist Recruitment Limited is an employment agency and employment business