Internal Auditor

The Internal Auditor will support the Head of Internal Audit in managing and executing the activities of the Internal Audit Department. Ensure compliance with internal policies, procedures, applicable laws, and regulatory requirements and assess the effectiveness of risk management, internal controls, governance, and compliance processes.

Detailed Roles and Responsibilities:

• Perform audit activities and assignments delegated by the Head of Internal Audit in compliance with regulations, as well as the organization’s internal policies and procedures.
• Support the execution of financial, operational (including Underwriting, Claims, and Reinsurance), compliance, Anti-Money Laundering (AML), and other audits to evaluate the adequacy and effectiveness of internal controls, risk management processes, and compliance with applicable requirements.
• Assist in conducting the annual risk assessment to support the development of a risk-based audit plan that adds value and addresses key business risks.
• Execute audit procedures to identify control weaknesses, process inefficiencies, and potential risks, and recommend practical corrective actions and improvements.
• Examine financial documents, accounting records, and transactions to verify their accuracy, completeness, and compliance with applicable accounting standards and internal requirements.
• Assist in summarizing findings, conclusions, and recommendations for management review and follow-up.
• Contribute to the development, review, and maintenance of audit programs, policies and procedures to improve the efficiency, consistency, and effectiveness of the internal audit function.
• Participate in special projects and other assignments as directed by the Head of Internal Audit or the immediate supervisor.

Educational Qualifications and Experience:

• Bachelor’s degree in business administration, Finance, Accounting, Economics, or a related field.
• A master’s degree will be an added advantage.
• 3–5 years of experience in internal audit, preferably in the general insurance industry. Prior experience with an audit firm is an added advantage.

Certifications

• Part-qualified ACCA, CIA, or CPA candidates preferred.

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