Internal Auditor

6 days ago


London, Greater London, United Kingdom Chubb Full time £30,000 - £60,000 per year
Description

Internal Auditor

About Us

Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

This Internal Auditor position is a junior position that offers an opportunity to join a broadly diversified global insurance and reinsurance provider with a culture of excellence and remarkable growth potential. The function of the Internal Audit Department plays a vital role in evaluating the design and effectiveness of control processes throughout the organization. The business knowledge and control assessment skills developed in the Internal Audit Department will position the successful candidate for a broad range of career opportunities within the company. They will have the opportunity to interact and partner with all levels of management during audits, which makes it an excellent position for someone who wants to understand multiple aspects of the company's operations. For the individual who is naturally curious, analytical, and enjoys challenging assignments, we are offering the opportunity for a promising future that comes with working for an industry leader.

In addition, the individual will receive tuition to study towards a relevant professional membership/ qualification e.g., Certified Internal Auditor (CIA).

Key duties and responsibilities:

The successful candidate will assist in the planning, execution, and delivery of internal

audits, reviews, and projects. This will require an individual with a good understanding of data analysis, attention to detail, and the desire to learn and take on new roles. 

Additionally, the candidate should have strong English written and verbal communication skills to work effectively with internal teams and the business.

The Internal Auditor will:

  • Participate in operational audits supporting risk-based audits, advisory projects, regulatory reviews and investigations for risk areas such as underwriting, claims, operations, finance and other critical operational areas/functions. 
  • Use problem solving and critical thinking skills to identify internal control deficiencies, evaluate their risk implications, and draw the appropriate conclusions to best advise management auditees.
  • Build and nurture positive working relationships with management auditees.
  • Contribute to development and implementation of Internal Audit initiatives, such as improvements and efficiencies to audit processes, application of AI and new technologies.

Qualifications

Basic Qualifications:

  • Bachelor's degree. Working towards relevant professional membership/qualifications (e.g., ACCA, Certified Internal Auditor) is a plus, but not required.
  • Between 2 to 3 years of external and/or internal audit experience with a professional services firm (preferably in insurance) or internal audit experience with a general insurer. A basic understanding and knowledge of internal audit practices and techniques. Knowledge of general insurance and reinsurance, accounting, underwriting and claims processes, regulatory bodies, and general insurance products. 

  • Strong interpersonal, written and oral communications skills.
  • Ability to analyze and identify issues to provide recommendations for remediation.
  • Strong analytical skills with ability to understand complex processes. Ability to collate and understand large volumes of information.

  • Ability to work alone or in diverse multi-person teams across different cultures.
  • Experience using data analytics, AI and new technologies.
  • Project management skills.
  • Computer literacy skills essential, including strong knowledge of Microsoft Office applications (Word, Excel, PowerPoint, etc.) and experience with data analytics/visualization tools (e.g., ACL, R, QlikSense, Microsoft Power BI).
  • Willingness to travel up to 10%.

At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.




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