Job Description
The Role
Leads and performs individual internal audits and makes a significant contribution to assurance activity within the firm.
Key Responsibilities
- Contribute to the development of the overall Internal Audit plan, which when implemented will provide objective assurance on the effectiveness of Canopius’ key risk management and control processes
- Manage and deliver a defined component of the annual internal audit plan
- Draft terms of reference for audits, identifying objectives and selecting appropriate method
- Draft comprehensive work programmes for audit assignments in accordance with the scope of audit
- Gather and document evidence of the adequacy and effectiveness of controls to standards consistent with the guidance of the Chartered Institute of Internal Auditors
- Draft and agree audit recommendations and/or actions. Follow-up on progress.
- Produce audit reports to a high standard using plain business language in our approved style and format
- Prepare Audit Committee and Board papers
- Contribute to the team by undertaking peer reviews of audit work and Audit Committee papers
- Contribute to the internal audit and risk management methodology within Canopius
- Liaise with external firms, engaged to undertake certain internal audits, on issues of planning and standards of audit work to ensure that reliance can be placed on their work
- Work closely with other assurance providers to maximise the impact of internal audit
- Effectively manage internal stakeholders
Skills
- Audit Insights
- Audit Planning
- Audit Testing
- Business Process Improvement
- Change Management
- Communication
- Internal Controls Review
- Risk Management
- Stakeholder Management
Competencies:
Stakeholder engagement
Cultivates and maintains positive relationships with relevant internal or external stakeholders, effectively involving and communicating with them to drive collaboration, support, and alignment towards shared goals.
Collaboration And Teamwork
Works effectively with team, project or other work groups or those outside formal line of authority to accomplish goals. Actively participates as a member of a team; develops and builds cohesive team relations to produce required outputs; possesses knowledge and understanding of colleagues work.
Adapting To Change
Adjusts thoughts, feelings, and behaviours to handle new, challenging, or complex situations; embracing change as a growth opportunity when working within new work structures, processes, regulations, or requirements.
Continuous Improvement
Analyses current and future state business requirements and identify strategies to continuously improve products, services or processes. Guide and inspire others to achieve results to enhance efficiency, quality and consistency.
Innovation
Creates, develops and implements new ideas to enhance new or improved processes, systems, solutions, products or services; tries different and novel ways to deal with problems and opportunities.
Resilience
The ability to cope with and recover from setbacks, challenges or difficulty. Persevering even under pressure or crisis situations and uses ways that foster strength and growth, often emerging stronger than before.
Future Focused
Anticipates changes in regulations, technology and client needs, proactively responding to key trends happening in the industry. Thinks about the future through identifying opportunities and obstacles whilst planning effectively.
Our Benefits
ABOUT US
We offer all employees a comprehensive benefits package that focuses on their whole wellbeing. This includes hybrid working, a competitive base salary, non-contributory pension, discretionary bonus, insurances including health (family) and dental cover, and many other benefits to enhance financial, physical, social and psychological health.
About Canopius
Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd’s of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda.
At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results.
Based in incredible new offices in the heart of the City of London, Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected.
We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate. We encourage and welcome applicants from all diverse backgrounds.
We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.
