Job Title: Senior Internal Auditor
Location: London (Hybrid working, 3 days in office)
Role Type: 3 month contract

REQUIREMENTS & SKILLS:

• Audit, Accounting or other professional qualification (CMIIA, Consultative Committee of Accountancy Bodies (CCAB), or Chartered Institute of Insurers (CII)) with at over three years progressively responsible professional-level auditing experience (internal or external)
• Experience within local financial services or Insurance/Reinsurance industry as part of an internal / external audit team
• Knowledge of control frameworks eg Sarbanes-Oxley framework / COSO
• Experience of project / change management audit (preferred)
• Good knowledge of audit procedures, including risk driven audit planning techniques and methods, design of testing approaches for controls and the requirements of the Standards for the Professional Practice of Internal Auditing of the Chartered Institute of Internal Auditors
• Good understanding of the principles and application of good corporate governance, business and operational risk and control processes and procedures
• Good knowledge of the principles of computer technology, systems analysis, and data analytics
• Good understanding of general risks and controls regarding core business systems/applications (preferred)
• Able to gain the confidence and respect of management and staff through attributes such as professionalism and positive attitude
• Able to communicate clearly and effectively, both orally and in writing
• Able to gather, analyse, and evaluate facts, and prepare and present concise oral and written reports
• Able to establish and maintain effective working relationships throughout the organisation
• Able to manage conflicting priorities to achieve deadlines and plan effectively and efficiently
• Able to motivate staff through proper direction and counselling
• Adaptable to change in a fluid commercial environment

ABOUT US:

Since Aspen was founded in 2002, we have become a leading, diversified specialty insurance and reinsurance company. We respond thoughtfully and creatively to find the best outcomes for our clients and business partners through carefully-tailored solutions. We believe the way we work is just as important as the work we do, and we are guided by our core values of respect, honesty, trust and professionalism.
Aspen is a great place to develop your career offering an exciting and challenging environment where achievement is rewarded.
We are committed to creating an inclusive recruitment experience. If you have a disability or long-term health condition and require adjustments to the recruitment process, our Adjustment Concierge Service is here to support you. Please reach out to us at adjustments@robertwalters.com to discuss further.
This position is being recruited on behalf of our client through our Outsourcing service line. Resource Solutions Limited, trading as Robert Walters, acts as an employment business and agency, partnering with top organizations to help them find the best talent. We welcome applications from all candidates and are committed to providing equal opportunities

ROLE PURPOSE:

To assist Audit Management in ensuring that the Board and Executive Management protect the assets and reputation of Aspen Insurance Holdings Limited and all associated Aspen group companies (together referred to as “Aspen"); and to help management improve the effectiveness of risk management, control, and governance processes in a maintainable manner.
Our Aspen Values are expected to be reflected in the delivery and performance of every role.

KEY RESPONSIBILITIES:

Strategy and Planning:

• Participate in the annual Internal Audit planning process, and demonstrate ability to lead the internal audit planning process on a number of areas of risk
• Develop a deeper understanding of how the risk focussed audit plan is collated, including the metrics and measured used
• Develop network of peers within the business to support ongoing risk assessment and audit planning

Policy, Process and Procedures:

• Support Audit Management to develop and maintain the IA methodology and policies and procedures, including identifying improvements for discussion and agreement with Audit Management
• Participate in the quality assurance (QA) review process including leading individual reviews with oversight from management
• Maintain up to date awareness of relevant regulatory requirements, practice guidance from the Chartered Institute of Internal Auditors (CIIA) and other internal policies. This should specifically include a detailed knowledge of Aspen’s Sarbanes Oxley requirements
• Maintain up-to-date technical and subject knowledge of the insurance industry

Environmental Awareness/Customer Focus:

• Act in accordance with the Aspen Values & Behaviours
• Maintain clear independence from management
• Act with integrity, due skill, care, and diligence
• Be open and co-operative with FCA, PRA and other regulators
• Pay due regards to interests of customers and treat them fairly
• Observe proper standards of market conduct
• Ensure company, market and client related documentation is issued (internally and externally) accurately and on time
• Liaise with key business groups to establish, support, and maintain solid business relationships and organisational effectiveness

Technical Performance:

• Assist Audit Managers and Group Head of Internal Audit on the fulfilment of the annual audit plan
• Working either independently or in a team to execute high quality, commercially focused, timely audits
• Perform audit engagements including scoping, planning and execution of assigned audits in line with the audit methodology, standards, and required timelines
• Interpreting audit results and produce draft audit reports for review by Audit Management
• Exhibit creativity in formulating logical recommendations based on understanding of the business and determine the significance of findings based on qualitative and quantitative factors
• Own or assist with the timely follow up of Internal Audit findings, and escalation to IA management, as necessary
• Participate and undertake applicable professional, technical and career development training (internally and externally) to include attainment of associated qualifications where required
• Comply with external and internal regulatory and statutory policies, procedures, and regulations.
• Prepare (or participate as requested) in the preparation of audit and other committee papers

People Management:

• Manage resources assigned on individual audit engagements
• Effectively delegate tasks whilst retaining oversight and responsibilities for their actions
• Actively coach and develop more junior/less experienced team members
• Provide timely constructive feedback to teammates
• Act as a point of reference to guide and advise others to ensure the sharing of knowledge and best practice
• Supports others in the team where appropriate to assist in the achievement of their objectives.