Data Analyst Internship (Internal Audit) - 12 Month Contract

OUTsurance; Centurion; On-site; ZAR 67,000 - 100,000; Full time

Job summary

OUTsurance invites applications for a Data Analyst Internship (Internal Audit) on a 12 month contract in Centurion. The role offers exposure to governance, financial and operational process audits within the group and requires an internal audit focus as part of an INSETA program.

You will work under experienced auditors, gain guidance, and interact with Internal Audit and Operational Management to foster professional growth in the insurance sector.

Qualifications

• The candidate should have a 3/4 year degree/diploma or equivalent in Internal Audit, or an Internal Audit Honors.
• INSETA internship eligibility requires South African citizenship, no prior INSETA internship, aged 18–35, and unemployment in the last 2 months.

Responsibilities

• Conduct preliminary surveys to understand area and processes under review, determine audit scope.
• Perform audit fieldwork in accordance with the audit program.
• Populate working papers with planning, fieldwork, and reporting issues on time.
• Liaise with Audit Management, the team, and client departments to ensure efficient reviews.
• Debrief department managers to communicate results of internal audit reviews.
• Draft audit reports highlighting control weaknesses, risks and recommendations.

Skills

Communication

Analytical skills

Problem solving

Report writing

Planning

Insurance knowledge

IA standards

Education

Degree in Internal Audit

Internal Audit Honors

Job description

Data Analyst Internship (Internal Audit) - 12 Month Contract

• Intern
• FAIS: Non-Financial Advice Giving Role

OUTsurance is a customer-centric financial services company with a global foot print. We are vibrant, successful and values orientated with an awesome dynamic culture encapsulated by the ethos that clients and staff "always get something OUT." Our success can be attributed, amongst other things, to the outstanding people that work for us.

The purpose of the role is to gain experience in conducting governance, financial and operational process audits on the various business areas within the Group.

What you get OUT:

The Intern will work closely with other more experienced auditors within the team, who will be there to provide the necessary guidance to facilitate audit deliverables and professional growth. There will also be direct interaction with Internal Audit and Operational Management, to offer the best opportunity for exposure to the profession and insurance industry.

Potential areas of exposure include:

• Conducting preliminary surveys to obtain an understanding of the area and processes under review, to establish the scope of the audit. This includes risk analysis, audit program design, documentation of process flows, etc.;
• Performing of audit fieldwork in accordance with the audit program;
• Populating working papers with good quality planning, fieldwork, and reporting material issues on a timely basis;
• Liaising effectively with Audit Management and the team;
• Liaising effectively with clients at departmental level to ensure efficient completion of individual reviews, exhibiting appropriate soft skills;
• Carrying out debriefs with department managers to communicate the results of the internal audit reviews and ensuring that the scale and scope of the deliverables resulting from audit recommendations are adequately understood; and
• The drafting of the audit report, highlighting the relevant control weaknesses, risks, and recommendations, including management's comments on the findings.

Qualifications

• 3/4 year degree/diploma or equivalent in Internal Audit; or
• Internal Audit Honors.

Take note to qualify for an INSETA Internship program you need to:

• Be a South African citizen
• Not previously part of an internship/learnership with INSETA
• Be between the ages of 18 & 35
• Unemployed in the last 2 months

Desired skills that the Intern wants to develop:

• Communication (written & verbal) and interpersonal skills;
• Professional/specialist/technical expertise;
• Analytical and problem-solving abilities;
• Report Writing Skills;
• Planning and organisation/work management;
• Understanding of the insurance industry; and
• Practical experience within internal audit processes and the application of the IIA Standards and best practice.

Expectations of the Intern:

• The ability to take responsibility and show initiative;
• Adherence to principles and values of the profession and the company;
• Eagerness to learn from Audit staff, including completing delegated tasks;
• Quality and detail orientation;
• Enthusiastic and passionate about the job and the company;
• Teamwork/Collaboration; and

In accordance with OUTsurance Insurance Company Ltd Employment Equity goals, preference will be given to individuals who meet the job requirements and are from the various designated groups.