Audit Manager

Hiscox Ltd; City Of London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance firm is seeking an Audit Manager to oversee and lead audits across the Group. The role requires significant experience in audit with a focus on risk management, excellent communication skills, and the ability to manage audits independently. Join a dynamic team in a hybrid work environment that values diversity and innovation.

Benefits

Hybrid working model

Inclusive culture

Creativity encouraged

Qualifications

• 4 or more years pqe is desirable.
• Insurance external or internal audit experience is highly desirable.
• Can deliver without high levels of supervision.

Responsibilities

• Manage or support auditors in delivering audit work.
• Oversee and lead audits across the Hiscox Group.
• Prepare quality papers for relevant Committees and Boards.

Skills

Excellent communication skills

Strong people skills

Ability to plan and organize audits

Risk advisory experience

Education

Degree qualified with a professional qualification

Job description

Job Type

Permanent

Build a Brilliant Future with Hiscox

Position

Audit Manager

Reporting to

Internal Audit Director

Location

London or York

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. Its scope covers all aspects of the Group and its activities. It also liaises closely with other monitoring functions across the Group, including Group Compliance and Group Risk. Its Audit Plans are developed using a risk-based approach.

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

Key responsibilities

As our Internal Audit Manager you will manage or support auditors and senior auditors in the delivery of audit work and, as part of the Internal Audit Management Team, contribute to the team's overall management and strategy. You will also oversee and lead internal audits across the Hiscox Group in line with the Audit Plan. This may be through working with other members of the team, with co-source resource or alone in respect of smaller reviews.

• Monitoring the overall progress of the Audit Plan in co‑ordination with Audit Directors and the Group Chief Auditor;
• Leading a number of the more complex and/or higher profile audits in the Audit Plan, managing the successful and timely completion of these audits, from initial scoping and planning through to reporting and follow up of actions and recommendations, and being responsible for their end‑to‑end delivery;
• Supporting the preparation of Internal Audit's Annual Planning process and ongoing monitoring of Audit Plan delivery;
• Preparing quality papers for the relevant Committees and Boards, and representing Internal Audit at Committees and other formal meetings as required;
• Supporting the delivery of the Internal Audit Vision and Strategy.

Specification

• Must be degree qualified with a professional accountancy, audit or internal audit qualification; as a guide, 4 or more years PQE is desirable.
• Insurance external or internal audit experience (highly desirable, but Financial Services will be considered) gained either in an internal audit function or within the Big 4. Risk advisory experience is a must.
• The ability to plan and organise an end‑to‑end audit with minimal day‑to‑day supervision, audit with the inherent flexibility to adapt the process as required.
• A dynamic, assertive and self‑confident individual who can deliver without the need for high levels of supervision.
• Excellent communication skills, both oral and written.
• Good commercial awareness.
• Strong people and relationship building skills, notably influencing and negotiating.
• Excellent team working skills and the ability to supervise and coach other team members constructively and effectively.

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.

Diversity and Hybrid working

At Hiscox we care about our people. We hire the best people for the job and we're committed to diversity and creating a truly inclusive culture, which we believe drives success.

We have also learned over the past few years that working life doesn't always have to be in the office, and now it is safe to do so we have introduced hybrid working to encourage a healthy work‑life balance.

This hybrid working model is set by the team rather than the business to enable you to manage your own personal work‑life balance. We see it as the best of both worlds; structure and sociability on one hand, and independence and flexibility on the other.

Work with amazing people and be part of a unique culture.