Delegated Authority Audit

Taylor James Resourcing; Greater London; Hybrid; GBP 60,000 - 72,000; Full time

Job summary

A global financial markets trading company is seeking a Senior Credit Controller Reinsurance Accounting Technician. The ideal candidate will be a graduate with a Degree in Accounting and possess a strong background in delegated authority, underwriting, claims, and finance. This role involves organizing audits, providing assurance, and delivering reports. The position offers a competitive salary and a hybrid work environment with a generous benefits package, including bonuses.

Benefits

Generous benefits package including bonus

Hybrid work environment

Highly respected insurance organisation

Qualifications

• Graduate with a Degree in Accounting.
• Strong delegated authority background and experience with underwriting, claims, product distribution, finance, reporting, IT, governance and compliance.

Responsibilities

• Organise audits of all outsourced service providers and track closure of audit findings.
• Provide independent assurance and validation of OSPs' operations.
• Plan and carry out audits onsite and remotely.
• Prepare and deliver audit reports.
• Identify risks from agency audits and ensure remediation.
• Assist with annual audit planning and reporting.

Skills

Delegated authority background

Experience with underwriting

Experience with claims

Finance expertise

IT governance experience

Compliance knowledge

Education

Degree in Accounting

Job description

Our client is a global financial markets trading company in London looking for a Senior Credit Controller Reinsurance Accounting Technician. Salary: £60,000 – £71,500 per annum.

We are looking for a graduate with a Degree in Accounting.

Responsibilities

• Organise audits of all outsourced service providers to whom the company delegates authority, including audit preparation, on-site fieldwork, drafting audit reports and tracking closure of audit findings.
• Provide independent, unbiased assurance and validation that OSPs are operating as expected and complying with contractual and regulatory requirements.
• Plan, organise and carry out audits both onsite and remotely, travelling as required and following the agency audit plan.
• Report and make recommendations on the systems and procedures being reviewed, monitor management's response and facilitate implementation.
• Preparation and delivery of audit reports.
• Identify any risks arising from agency audits and ensure appropriate remedial action is communicated and taken.
• Maintain the audit tracker and full audit records and evidence of testing work undertaken.
• Escalate overdue audit findings.
• Assist with annual audit planning and reporting to relevant management committees.
• Work alongside other business units or external resources on specialist ad hoc audit projects.
• Carry out due diligence/onboarding processes to ensure the suitability of potential new business partners and report findings.
• Provide support to colleagues or other business units or external resources for ad hoc requests or longer‑term projects.

Qualifications

• Graduate with a Degree in Accounting.
• Strong delegated authority background and experience with underwriting, claims, product distribution, finance, reporting, IT, governance and compliance.

Benefits: highly respected insurance organisation, hybrid work environment, generous benefits package including bonus.