Senior Internal Audit Leader – Strategy, Risk & AI

Chubb External; Greater London; Hybrid; GBP 120,000 - 180,000; Full time

Benefits offered by this job

Private Medical cover

Employee Share Purchase Plan

Life Assurance

Subsidised gym membership

Comprehensive Learning & development

Employee Assistance program

Job summary

Chubb External is seeking an experienced AVP, Internal Audit to lead and deliver high-quality audit coverage across key risk areas in the UK. You will manage multiple engagements, oversee planning, fieldwork, reporting and follow-up while coordinating with first and second line functions and external regulators.

The role requires a robust track record in internal audit within the insurance sector, strong leadership, stakeholder management and a proactive approach to leveraging AI and data

Qualifications

• Bachelor's degree or equivalent.
• Professional qualification: ACA, ACCA, CIA, CIMA, CPA or equivalent.
• Minimum 10 years of relevant experience including 3 years of managerial experience.
• Experience within internal audit, or a combination of internal audit, risk and compliance experience within the insurance industry; or internal audit experience with a professional services firm as an insurance specialist.
• Proven track record of managing multiple audit engagements end-to-end, including planning, fieldwork, reporting and follow-up.
• Strong understanding of risk-based audit methodologies, risk assessment and internal controls, and the IIA Standards.
• Demonstrable knowledge of the insurance industry, including underwriting, claims, finance, compliance and applicable regulatory frameworks.
• Experience of coordinating with first and second line functions.
• Strong report writing skills, with the ability to communicate complex findings clearly and concisely to senior audiences.
• Demonstrated experience in leading, coaching and developing audit staff.
• Experience with AI tools and platforms and their usage within the audit process.
• Experience with data analytics tools and audit management/workflow systems.
• Exposure to continuous auditing and continuous monitoring methodologies.
• Willingness to travel up to 10%.

Responsibilities

• Plan, allocate resources, oversee and deliver audit projects in line with Internal Audit methodology, ensuring timely completion of projects within budget, high-quality outcomes and actionable recommendations.
• Conduct and report on special assignments such as management requests for advisory reviews and fraud investigations.
• Manage stakeholder relationships, including business management, senior leadership, regulators, and external auditors, through clear and timely communication and high quality deliverables.
• Support the annual risk assessment and maintenance of the audit universe for the allocated entities/processes to reflect changes in risk levels and strategic direction of the Company.
• Support preparation of the regional audit plan and audit strategy. Track progress of the audit plan against available resources to ensure timely completion.
• Prepare periodic reports on audit plan status, including open issues and resourcing, and present results of Internal Audit activities and investigations for governance and audit committees.
• Promote application and use of AI, data analytics, continuous auditing/monitoring, process automation, to increase audit coverage and optimize audit efficiencies.
• Coordinate and partner with first and second line functions (compliance, risk management, underwriting QA, claims QA, financial compliance).
• Provide advisory support to management on risk, control and regulatory matters as required.
• Actively participate in global IA continuous improvement initiatives.
• Keep informed of regulatory and market developments impacting regional business, and stay current on organisational goals and objectives.
• Supervise, coach and manage audit staff to support strong performance, productivity, capability development and timely delivery of audit projects.

Skills

Audit leadership

Risk assessment

Internal controls

Audit planning

Report writing

Insurance industry

Stakeholder management

AI in audit

Data analytics

Audit management systems

Continuous auditing

Travel up to 10%

Regulatory knowledge

Regulators liaison

Education

Bachelor's degree

Professional qualification: ACA/ACCA/CIA/CIMA/CPA

Tools

AI tools

Data analytics tools

Audit management systems

Workflow systems

Job description

Chubb External is seeking an experienced AVP, Internal Audit to lead and deliver high-quality audit coverage across key risk areas in the UK. You will manage multiple engagements, oversee planning, fieldwork, reporting and follow-up while coordinating with first and second line functions and external regulators.

The role requires a robust track record in internal audit within the insurance sector, strong leadership, stakeholder management and a proactive approach to leveraging AI and data