Senior Internal Auditor

We are looking for a Senior Internal Auditor to review and analyze both financial and non-financial data, providing independent and objective assurance and consulting services that add value and enhance the organization’s operations. This role contributes to the organization by applying a systematic and disciplined approach to evaluate and improve the effectiveness of risk management, internal controls, and governance processes.

Job Responsibilities:

• Execute the Internal Audit Planned assignments, including Operational, Financial, Compliance, and IT Audits.
• Document all audit procedures and working papers in compliance with IIA (Institute of Internal Auditors) standards and the Internal Audit (IA) manual
• Assess the adequacy and effectiveness of controls, including:

The Reliability and integrity of financial and operational information,

The Effectiveness and efficiency of operations,

The safeguarding of Company’s assets, and Compliance with Laws, Regulations and Contracts.

• Identify activities and evaluate significance and assess the degree of risk associated with activities.
• Identify and review the major changes arose during the period and risk inherent in the activity.
• Ensure conformance with standards, plans, budgets, and schedules.
• Provide guidance on risk identification, assessment, measurement, analysis, and treatment across various categories, including strategic, financial, and operational risks.
• Identify meaningful risk metrics, carry out comparisons and trend analysis and review the compliance of financial regulations of Insurance Authority and assess the performance of risk management activities.
• Develop and implement effective audit testing methodologies as outlined in the annual audit plan.
• Identify and articulate business risks during operational, technical, and financial audits.
• Communicate audit findings with management in a constructive manner and recommend practical, proportionate solutions to address any issues identified.
• Participate in Ad hoc Fraud investigation and reviews as requested.
• Contribute and facilitate co-souring assignment as required with external consultants.
• Carry out GAP analysis of organization policies and procedures for identifying areas of improvement.
• Determine effectiveness and compliance of general, application & technical controls in the areas of application access, system/branch security, adequacy of back-up and DR/BCP.
• Report risk management concerns and internal controls deficiencies identified directly to the Head of Internal audit. Provide recommendations for improving operational efficiency and effectiveness.
• Contribute to the development and implementation of continuous monitoring parameters for internal controls.
• Prepare reports, presentations and other materials as requested by the Line Manager.

Job Requirements:

• 4-6 years of experience in internal audit within the insurance sector.
• Strong understanding of insurance and reinsurance technical processes, including audit methodologies and best practices.
• Familiarity with IFRS (International Financial Reporting Standards), risk management consulting, and internal control systems.
• Experience with data analytics tools such as Power BI and Power Query.
• Proficient in MS Office applications (Excel, Word, PowerPoint).
• Excellent verbal and written communication skills, with the ability to convey complex audit findings clearly and effectively to various stakeholders.

Why joining us could be the best step in your career?

• Participative Work Environment.
• Opportunities for Career Development.
• Competitive Salary Package.
• Expedited Hiring Process.
• Embrace Diversity & Inclusion.