Internal Audit Manager

London, England, United Kingdom

12/21/2024

Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world.

Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks.

Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us.

The Role

To support the Internal Audit Senior Leadership Team in delivering the risk based Internal Audit Plan.

Principal Accountabilities

• Contribute to the delivery of the Internal Audit Plan through timely completion of assigned audits, working with other members of the team.
• Schedule, plan and complete risk-based internal audits covering all aspects of planning, fieldwork, stakeholder engagement and reporting ensuring adherence to Lloyd’s Internal Audit methodology.
• Report and present findings to the business, making recommendations for solutions and improvements to policies / procedures.
• Co-ordination of internal audit activities with Lloyd’s Risk Management and Compliance functions.
• Develop, and maintain effective relationships with key internal stakeholders.
• Preparation of audit working paper documentation in accordance with professional standards.
• Audit follow up to verify issues have been adequately addressed by management.
  
  
  

Skills

• Effective communication skills – including the ability to provide feedback and produce audit reports/presentations
• Ability to deliver work within deadlines, ensuring this is up to the expected standards of the function.
• Ability to develop and maintain effective working relationships with colleagues at all levels within the organisation.
• Analytical and problem solving skills.
• Ability to oversee junior resources on audits.
• Ability to use Microsoft applications.
  
  
  

Knowledge

• Knowledge of technical auditing concepts, business processes and internal control systems.
• Understanding of core regulatory/best practice control models (FCA, PRA, COSO etc.)
• Understanding of the commercial objectives of the business and the impact made by Internal Audit
• Knowledge of the International Professional Practices Framework.
  
  
  

Experience

• Experience within the Internal Audit environment evidencing effective performance in conducting high quality audit work, findings and reports.
• Experience in presenting and discussing information in a logical, professional and objective manner, and to manage discussions to effectively build consensus and drive forward looking actions.
• Experience of implementing continuous improvement and/or innovation within audit delivery.
  
  
  

Professional Qualifications

• ACA/CIMA/CIA/ACII or equivalent
  
  
  

Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development. You can read more about diversity and inclusion on our website.

We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility.  Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc).  These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.

By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.

Should you require any additional support with your application, or any adjustments, please click the following link;

https://cleartalents.com/apply/lloyds-msa1645695881

Please note, clicking on this link does not register your application for the vacancy