Internal Audit Specialist (12 months contract)

Allianz Insurance Singapore; Kuala Lumpur; On-site; MYR 287,000 - 415,000; Full time

Job summary

Allianz Insurance Singapore is seeking an Internal Audit Specialist on a 1-year contract. The role focuses on executing audits per the plan, assessing risks, and reporting findings to senior management.

You will leverage data analytics, work with the Head of Internal Audit, and contribute to annual risk assessment and group initiatives. The ideal candidate has 5+ years in auditing within financial services, strong analytical and communication skills, and professional qualifications.

Qualifications

• Minimum 5 years of relevant auditing experience, preferably in insurance or financial services.
• Strong analytical and problem-solving skills with ability to leverage technology for value-adding audits.
• Excellent verbal and written communication skills and ability to handle conflicts effectively.

Responsibilities

• Support the Head of Internal Audit in executing audits as outlined in the annual audit plan.
• Plan and conduct risk-based audits following Allianz's framework and standards.
• Draft audit findings, lead closing meetings, and present results to management.
• Prepare clear, concise audit reports with proper documentation.
• Ensure audits are completed within timelines and follow compliance requirements.
• Monitor progress on action plans addressing audit findings.
• Utilize data analytics and technology to improve audit efficiency.
• Assist in annual risk assessment and audit planning.
• Prepare management materials for committee and board meetings.
• Support ad-hoc reviews and enablement activities as needed.

Skills

Auditing concepts

Data analytics

Problem solving

Communication

Ownership & initiative

Education

Bachelor's in accountancy/finance/actuarial science

CIA/CISA/CAMS/ICA or equivalent

Tools

Audit software

Job description

Allianz Services is proud to serve and be part of Allianz Group, one of the world’s leading insurers and asset managers. Our global footprint, with more than 7,300 employees located across ten countries and four continents, enables us to unlock value for our partners across the insurance value chain and deliver client experience within Allianz Group. At Allianz Services, we have a specialization in core insurance operations, shared services, business analytics, engineering, and management consulting. Our people and our trusted relationships with partners are what matter most. These are rooted in our values of compassion, integrity, and expertise and we aim to continuously evolve, improve, and deliver excellence while contributing to the transformation of Allianz. Caring for the environment, for people, and for our customers is what makes us a great place to work and together we are shaping a better and more caring tomorrow.

Employing Entity: Allianz Insurance Singapore

Within a span of just four years, Allianz Insurance Singapore (AIS) has emerged as the fastest-growing General Insurance company, achieving an unprecedented level of success. Since its inception in Singapore, AIS has consistently doubled its revenue year on year, a testament to its unwavering dedication to excellence. AIS takes great pride in being certified as a Great Place to Work, a reflection of our commitment to fostering a thriving and employee-driven business culture.

Internal Audit Specialist, Internal Audit (1-Year Contract)

Your role will be vital in ensuring the timely and high-quality delivery of audits outlined in the internal audit plan. You will manage and execute internal audit engagements and support the Head of Internal Audit in functional enablement matters, as well as various group or regional initiatives.

Key Responsibilities

• Support the Head of Internal Audit in executing audits as outlined in the annual audit plan.
• Plan and conduct risk-based audits in accordance with Allianz's internal audit framework and standards. This includes understanding business operations, assessing related controls and processes, and performing audit procedures (including data analytics) to evaluate the control environment and identify key risks and control deficiencies.
• Draft audit findings, lead closing meetings, and present audit results to auditees and senior management.
• Prepare clear, concise, and well-structured audit reports.
• Ensure audits are completed within the required timelines and maintain proper documentation in compliance with Allianz requirements.
• Monitor and follow up on the status and implementation of action plans to address audit findings.
• Leverage data analytics and technology to enhance the effectiveness and efficiency of audit processes.
• Assist the Head of Internal Audit in conducting the annual risk assessment and audit planning.
• Support the preparation of presentation materials for management committee, Board of Directors meetings, and other relevant stakeholders.
• Provide assistance on ad-hoc initiatives, special reviews, and functional enablement activities as required.

Required Qualifications & Experience

• Minimum of 5 years of relevant experience, with strong knowledge of auditing concepts and control frameworks, preferably within the insurance or financial services industry.
• Strong team player with a high sense of ownership, accountability, and initiative.
• Strong analytical and problem-solving skills, with the ability to leverage technology to deliver value-adding audits
• Excellent verbal and written communication skills, with the ability to handle confrontations and resolve conflicts effectively.
• Proactive, detail-oriented, and committed to delivering high-quality work.
• Curious and eager to learn about the business, with a collaborative approach to sharing knowledge and ideas.
• Bachelor’s degree in accountancy, Finance, Actuarial Science or a related discipline (preferred).
• Professional auditing and compliance qualifications (e.g., CIA, CISA, CAMS, ICA) and/or professional insurance qualifications (preferred).

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.

Great to have you on board. Let's care for tomorrow.