Role Objective:

Responsible for executing risk-based internal audits according to the annual audit plan and assisting with various audit matters and projects.

Roles and Responsibilities:

• Develop work plans and audit programs for assurance and consulting engagements, including risk assessment.
• Perform financial, operational, and compliance audits of complex and smaller operations in line with company standards.
• Gather necessary information through record examination and staff interviews.
• Review and evaluate management controls for adequacy and effectiveness, and draft recommendations for improvements as needed.
• Document work performed through comprehensive working papers.
• Assess internal controls and administrative procedures.
• Conduct risk assessments of assigned departments or functional areas within required timelines.
• Establish risk-based audit programs and determine the scope of reviews with the Internal Audit Manager.
• Evaluate internal control designs and conduct audit testing to identify reportable issues and assess risk dimensions.
• Ensure compliance with policies and procedures.
• Communicate findings verbally to senior management and draft comprehensive audit reports.
• Plan audits, review internal controls, conduct audit tests, and prepare financial reports in accordance with International Financial Reporting Standards (IFRS).
• Document audited issues, write audit reports, and follow up on outstanding audit tasks.
• Analyze financial records, control management practices, policies, and reports, and may also review contracts, investigate claims, and validate key financial documents.

Qualifications:

• Relevant experience in internal auditing within the insurance sector.
• Strong knowledge of financial reporting standards and internal control systems.
• Excellent analytical, communication, and documentation skills.