Hybrid Board‑Level Internal Audit Lead

Salix Recruitment

Durban

Hybrid

ZAR 1,800,000 - 2,400,000

Full time

2 days ago

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Job summary

Salix Recruitment is assisting a prominent South African insurer in Durban to appoint an experienced Head of Internal Audit. The role reports to executive governance structures and interfaces with the Audit & Risk Committee, shaping the organisation's governance, risk and internal controls framework.

This permanent Durban-based post offers a hybrid working arrangement with one day from home per week and periodic travel to Johannesburg.

Qualifications

8–10 years' experience within Internal Audit and/or Risk Management.
Proven experience within the insurance or financial services sector.
Strong understanding of regulatory and prudential environments.
Experience operating at a senior level and engaging with executive and governance structures.

Responsibilities

Develop and implement the Board-approved risk-based internal audit strategy and plan.
Align audit coverage with the ERM framework, risk appetite and material risk exposures.
Provide independent assurance over governance, risk management and internal controls.
Provide regulatory and prudential compliance assurance.
Escalate material governance or control failures to the relevant governance structures.
Ensure high-quality audit reporting with clear findings and actionable recommendations.
Monitor remediation of audit findings.
Work closely with Risk Management and Compliance to support a combined assurance model.