Compliance Auditor

Motor Insurers' Bureau (MIB); Milton Keynes; Hybrid; GBP 28,000 - 42,000; Full time

Benefits offered by this job

Group Stakeholder Personal pension

Life Assurance

Employee Incentive Scheme

Sports and Social Club

Employee Assistance Programme

Mental health tools access

Job summary

Motor Insurers' Bureau (MIB) is seeking a Compliance Auditor to lead and perform audits of member organisations in line with the MyLicence Service. The role is based in Milton Keynes with hybrid working and a permanent contract, offering 35 hours per week.

The successful candidate will review processes, identify control weaknesses, and deliver clear audit reports. You will collaborate with the Audit Manager and MyLicence Product Team to ensure timely compliance actions.

Qualifications

• Proven experience of working within an audit environment.
• Ability to audit across business processes and IT applications.
• Self-motivated and able to work independently with credibility.
• Excellent communication and interpersonal skills.
• Ability to identify business risk in all environments.
• High concentration and dexterity.
• Good forensic and analytical skills.
• Proficiency in office-based software and databases.

Responsibilities

• Co-ordinating and scheduling audits of registered users of the MyLicence Hub.
• Lead in establishing audit requirements and co-ordinating fieldwork.
• Performing audit fieldwork of registered users of MyLicence.
• Writing and delivering audit reports for registered users of MyLicence.
• Contributing to development of audit frameworks and work programmes.
• Writing recommendations on identified deficiencies and non-compliance.
• Working to deadlines and monitoring progress of auditees.
• Escalating issues and coordinating with internal stakeholders.

Skills

Audit experience

IT/business process audit

Independent working

Communication skills

Risk identification

Analytical skills

Office software

Tools

Databases

Spreadsheets

Job description

At MIB our people are passionate about making roads safer by getting uninsured and hit-and-run drivers off our roads. Working in partnership with the Police, Insurers and Government our collective aim is to make it a thing of the past but, until that’s accomplished, we’re here to compensate victims quickly, fairly and compassionately.

Last year we helped more than 34,000 people struck by uninsured and hit-and-run drivers and paid over £400 million in compensation to support victims rebuild their lives.

About the role

• To carry out and lead operational and/or compliance audits of companies as required by their membership/usage of the MyLicence Service.
• To identify practices which contravene the MyLicence User Agreement.
• To recommend actions to address control weaknesses (and improvements to controls) identified during audit assignments; to negotiate suitable corrective actions and timelines with appropriate stakeholders and to check recommendations have been implemented.

Key responsibilities

• Co-ordinating and scheduling audits of registered users of the MyLicence Hub. (e.g. insurance firms, software houses, aggregators)
• Taking the lead in establishing individual audit requirements and co-ordinating the audit fieldwork.
• Performing audit fieldwork of registered users of MyLicence.
• Writing and delivering audit reports for registered users of MyLicence.
• Contributing to the development of audit frameworks and audit work programmes to meet the needs of the MIB’s Client Companies and Managed Services.
• Making written recommendations on identified audit deficiencies and/or instances of non-compliance with the MyLicence User Agreement.
• Working to tight deadlines, and monitoring auditees’ progress against agreed timelines and objectives Monitor auditees’ progress in implementing audit recommendations against agreed completion dates.
• Monitoring delivery against the agreed annual audit plan, and communicating any concerns or obstacles to the Audit Manager so that these can be resolved.
• Identifying and escalating instances of non-cooperation among auditees, exploring all available avenues for resolution among internal stakeholders.
• Assessing and escalating issues of concern for clarity and discussion among MIB and MyLicence stakeholders. (e.g. the Audit Manager and MyLicence Product Team)
• Representing the Audit team at external stakeholder meetings.

Skills and Experience

• Proven experience of working within an audit environment and performing audit work in line with professional audit practice.
• Possess knowledge and skills to audit across the boundaries between business processes and IT applications.
• Self-motivated and able to work independently, displaying a high level of credibility and responsibility.
• Excellent communication and interpersonal skills.
• Ability to identify business risk in all environments encountered.
• A high degree of dexterity and high level of concentration.
• Good forensic and analytical skills.
• Good knowledge of office-based software, including databases and spreadsheets.
• Excellent report writing and presentation skills.
• Operate with integrity, honesty and fairness.

Job Title: Compliance Auditor

Level: 2

Working Hours: 35

Working Pattern: Monday - Friday, 9am - 5pm

Office Location: Milton Keynes

Job Type: Permanent

IT kit supplied to you

£320 (before tax) start up allowance

Hybrid working (2 days in the office per week)

Other Benefits include:

• Contributory Group Stakeholder Personal pension scheme
• Life Assurance
• Employee Incentive Scheme
• Sports and Social Club
• 24/7 Employee Assistance Programme
• Free access to online tools to support mental and physical health
• Enhanced maternity, paternity and adoption leave
• 1 volunteer day each year and charity matched funding scheme

We believe in a workplace where everyone can be themselves. Through our different ideas, personalities and experiences, we redefine what is possible every day. And regardless of your colour, age, race, gender, sexual orientation or anything else you consider yourself to be, there is a place for you at MIB. A place where you can bring your best self to work every day.

So, if you think big, love a challenge and want to make a difference to people’s lives, we want to hear from you.

*We aim to keep this advert open until the closing date, but on occasion we may close it early if application numbers are high*