Senior Internal Auditor

Job Type:

Build a brilliant future with Hiscox

About Hiscox

As an international specialist insurer we are far removed from the world of mass market insurance products. Instead we are selective and focus on our key areas of expertise and strength - all of which is underpinned by a culture that encourages us to challenge convention and always look for a better way of doing things.

We insure the unique and the interesting. And we search for the same when it comes to talented people. Hiscox is full of smart, reliable human beings that look out for customers and each other. We believe in doing the right thing, making good and rebuilding when things go wrong. Everyone is encouraged to think creatively, challenge the status quo and look for solutions.

Scratch beneath the surface and you will find a business that is solid, but slightly contrary. We like to do things differently and constantly seek to evolve. We might have been around for a long time (our roots go back to 1901), but we are young in many ways, ambitious and going places.

Some people might say insurance is dull, but life at Hiscox is anything but. If that sounds good to you, get in touch.

The team

The Group Internal Audit team provides independent and objective assurance and advice to the Group Audit Committee, and to the Boards of Directors of the companies within the Group, over the processes and systems of control and risk management operating in the Group. IA’s scope covers all aspects of the Group and its activities and liaises closely with other monitoring functions across the Group, including Group Compliance and Group Risk.

The Group Audit team is based in London, York, Luxembourg, Lisbon and the US. The team is supplemented with additional co-source when required.

Professional standards

Our work adheres to the Institute of Internal Auditors’ (IIA) mandatory guidance including the Definition of Internal Auditing, the Code of Ethics and the International Standards for the Professional Practice of Internal Auditing (‘the Standards’). We also adhere to guidance issued by the Chartered Institute of Internal Auditors in the UK (CIIA): Effective Internal Audit in the Financial Services Sector.

What you’ll be doing

As a part of a small but dynamic team, you will support the delivery of internal audits across the Hiscox Group in line with the Audit Plan. These audits will be primarily aligned to Hiscox’s Europe Business Unit, as well as occasionally other Business Units and Group functions. This will be through working with other members of the team, alone on some reviews or with co-source.

The role covers all aspects of the successful delivery of audits, including:

• ensuring the successful and timely completion of reviews, from initial scoping and planning through to reporting and follow up of actions and recommendations. You may take on the lead role on selected audits, where appropriate, while primarily being responsible for the delivery of delegated audit work and supporting audit leads with the effective delivery of reviews.;
• identifying issues and contributing topragmatic recommendations to address issues and to add value to the business;
• working with and supporting other team members;
• effective stakeholder and relationship management at all levels;
• contributing to Internal Audit’s planning and strategy, and to its continued development.
• helping to build and maintain Internal Audit’s presence and reputation across the Group.

Outside the Audit Plan, you may be asked to conduct specific reviews or to take on special projects. You will also be expected to take on additional responsibilities to support the Head of Group Internal Audit and other team members as required.

Specification

• Previous external or internal audit experience, must be gained within insurance (while insurance experience is highly preferential, we will consider exceptional candidates from other financial services backgrounds)
• Must be degree qualified with a professional accountancy, audit or internal audit qualification (or progressing towards completing a qualification) and show sound audit judgment
• Fluent in English, whilst French or German would be considered a bonus
• The ability to plan and deliver assigned audit work with with minimal day to day supervision, managing priorities and adapting the audit approach where required
• A dynamic, assertive and self-confident individual who can deliver without the need for high levels of supervision
• Independent worker, resilient and self-reliant. Must also be confident delivering difficult messages to senior stakeholders and be comfortable drafting written reports in English (which will be shared at Group Committee and Board level)
• There will be a relatively high proportion of travel involved, both within Europe, while also occasionally to Hiscox offices outside of Europe.
• Strong people and relationship building skills, notably influencing and negotiating
• Excellent team working skills and the ability to work collaboratively with, and support the development of, other team members
• Innovative problem-solving skills and the courage to apply them
• Excellent communication skills, both oral and written

Work with amazing people and be part of a unique culture