Group Internal Auditor - Insurance
Role summary
We're hiring an Internal Auditor with strong Insurance knowledge to deliver risk-based audits across the business, with a particular focus on Solvency II, governance, and regulatory compliance. You'll provide independent assurance to senior management and the Board/Audit Committee on the effectiveness of risk management, internal controls, and key operational processes.
Key responsibilities
* Deliver risk-based audits from scoping through fieldwork to reporting and follow-up.
* Assess the design and operating effectiveness of controls across key insurance and finance processes.
* Produce clear, evidence-based audit reports with practical recommendations and agreed actions.
* Audit and test controls supporting the Solvency II framework,
* Evaluate the effectiveness of the risk management framework, including risk appetite, KRIs, incident management and reporting.
* Assess controls across underwriting, claims, reinsurance, investments, product governance, distribution, conduct risk and outsourcing.
* Build strong working relationships with key functions (Risk, Compliance, Actuarial, Finance, Operations, IT).
* Track audit actions, perform validation testing, and report status/escalations to senior leadership and Audit Committee.
* Contribute to annual audit planning and risk assessment.
* Identify opportunities to improve controls and efficiency without creating bureaucracy.
* Support ad-hoc reviews/investigations as required.
What success looks like
* High-quality audit reports that senior stakeholders actually use.
* Clear assurance over Solvency II governance and reporting controls.
* Findings that improve control effectiveness and reduce repeat issues.
* Strong credibility with Risk, Actuarial and Finance, able to challenge properly and fairly.
Required experience and skills
* 3+ years experience in internal audit, risk, or assurance within insurance or financial services.
* Practical understanding of Solvency II (governance, ORSA, technical provisions, capital and/or reporting).
* Strong knowledge of internal control design/testing and audit methodology.
* Ability to write concise, high-impact reports and present issues clearly to senior stakeholders.
* Professional qualification: IIA / ACA / ACCA / CIMA / CPA (or working towards).