Our client are a leading global insurance firm, with their European headquarters located in Luxembourg, with branches across Western Europe. At present they are looking for an Internal Audit Manager to join their Head Office for the next 18 months. This is a fixed-term contract with the option to go permanent. This position can be largely remote if required - travel to other branches is an option but not a pre-requisite.
Responsibilities: As the Internal Audit Manager, you will play a pivotal role in ensuring the effectiveness and efficiency of our internal audit processes. Your key responsibilities will include:
- Supervising and leading a team of auditors specializing in Underwriting, Finance, Regulatory, and Operations audits.
- Developing and executing comprehensive audit plans, ensuring compliance with industry standards, regulations, and internal policies.
- Conducting risk assessments and identifying areas for improvement in processes, controls, and risk management.
- Collaborating closely with senior management and department heads to communicate audit findings and recommend actionable solutions.
- Preparing detailed audit reports and presenting findings to the Board of Directors and relevant regulatory authorities.
- Providing guidance and mentorship to audit team members, fostering a culture of continuous learning and professional development.
Qualifications: To excel in this role, you should possess:
- A Bachelor's or Master's degree in Accounting, Audit, Finance, Economics, or a related field.
- A minimum of 3 years of experience in internal audit within the insurance sector, with a solid understanding of Underwriting, Finance, Regulatory, and Operations functions.
- Strong knowledge of industry regulations, compliance requirements, and best practices.
- Exceptional leadership and team management skills, with the ability to inspire and guide a diverse group of professionals.
- Excellent communication and presentation abilities, capable of effectively conveying complex information to various stakeholders.
- Analytical mindset, critical thinking, and a keen attention to detail.