Renumeration:
R800 000 - R900 000k per annum
About our client:
As the world's leading reinsurance company with 40,000 employees at over 50 locations in all parts of the world, our client introduces a paradigm shift in the way you think about insurance.
Your Business Unit:
Reporting to the Chief Operating Officer, you will manage a small team to develop and implement the corporate communication and marketing strategy. You will manage key senior stakeholder relationships, including the country's CEO and executive leadership team, and have a matrix reporting line to the Head of Marketing & Communication, APAC, based in Singapore.
Responsibilities:
- Efficient performance of all scheduled, ad-hoc, and Group audits based on the
standards of the Institute of Internal Auditors (llA), local regulations, and Group
Audit requirements. - Manage the cradle-to-grave audit process including resource and group
coordination where applicable, audit execution, reporting, and follow-up. - Have a good understanding of the regulatory environment in South Africa and
keep up with regulatory changes in the audit, governance, and insurance space. - Coordinate all auditing issues and ensure excellent communication with
the management of units to be audited. - Create valuable business insights from internal audit activity and commercial
knowledge to support decision-making. - Issue audit reports of high quality with particular attention to major or serious
deficiencies and to the measures agreed to remedy them. - Monitor the implementation of agreed measures to remedy deficiencies
appropriately and in a timely manner. - Support the Head of Audit to prepare periodic reporting to Group Audit, the Board
executive management, and regulators. - Proactive engagement and positive relationship management with assigned
business areas. - Exchange and collaborate with management of other Group audit units when
necessary. - Support the Head of Audit in developing, implementing, and maintaining a risk-based internal audit plan, aligned with the business
- Build a professional working relationship with the business as a trusted advisor.
Requirements
- At least 7 years of professional experience in internal audit, compliance, risk management, quality assurance, or related functions, ideally in the (re-)insurance or financial services industry. Relevant business experience would be an advantage.
- Knowledge of South Africa (re)insurance market and applicable prudential regulations.
- Intermediate to advanced knowledge of data analytics software (e.g. ACL, Idea) is of advantage
- FIAA
- Qualified University degree, preferably in Accounting, Actuarial Science, Finance, Economics, or Law
- Relevant audit certifications(e.g. CIA/CISA/CA) or willingness to work towards