Business Assurance Specialist
5 days ago
Job Title: Business Assurance Specialist
\Location: London, United Kingdom
\About the Role:
\We are seeking a highly skilled Business Assurance Specialist to support our Delegated Authority (DA) Assurance function. This role will focus on capturing additional data, performing detailed analysis, and conducting quality assurance to strengthen governance over DA arrangements, audits, and processes.
\Main Responsibilities:
\- \
- Share audit findings and trend analysis with business stakeholders.\
- Conduct quality assurance reviews of audits and share findings with the Head of DA Audit and Assurance and relevant stakeholders.\
- Support adherence to the Audit Risk Appetite, aiming to minimize and avoid overdue audit findings.\
- Provide support for ad hoc projects or long-term initiatives aligned with Great Lakes' goals.\
- Communicate results and trend analysis of Sub-Delegated and Third Party Audits to relevant business units.\
- Conduct audits of Sub-Third Party Service Providers both onsite and remotely, with occasional international travel.\
- Assist in preparing regular MI reporting for Great Lakes UK and SE boards and committees, ensuring data accuracy and relevance.\
- Participate in Quality Assurance Dip Checking and "Check the Checker" reviews for the Delegated Authority Audit Pillar.\
- Work collaboratively with ABMs, Claims, and SMEs to proactively manage audit findings, helping prevent overdue findings.\
- Support regulatory reporting requirements with the reporting function as needed.\
- Solid knowledge of the regulatory landscape surrounding insurance products.\
- Proficiency in report writing and Microsoft Office Suite.\
- Experience in auditing and familiarity with legal contracts.\
- Skills in data analytics and Power BI.\
Personal Attributes:
\- \
- Strong analytical and creative thinking skills.\
- Willingness to travel (up to 10% of the role, including within the UK and internationally).\
- Flexible and collaborative, able to advise and provide constructive feedback.\
- \
Estimated Salary: £55,000 - £65,000 per annum.
\Benefits: A great compensation package, on target bonus, 25 days annual leave with the option to purchase more, private medical insurance, and employers' contributory pension of 10%.
\Company Overview: We are one of the few employers to offer fully paid 6 months family leave for times when you need it the most.
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