Internal Audit (Insurance) Manager position at Capitec

Deadline: Ongoing / Not specified

Location: Stellenbosch, Western Cape

Internal Audit (Insurance) Manager

To manage the Internal Audit function for the insurance business unit to ensure they add value to the organisation (group of companies) and its stakeholders by providing objective and relevant assurance and consulting and by contributing to the effectiveness of governance and control processes

What you will bring:

Honours Degree in Commerce / Internal Auditing
Certificate in Internal Auditing (CIA) or Chartered Accountant (SA)
Minimum of 3 years in Data Analytics and CAATS
At least 10 years’ internal audit experience within insurance
At least 5 years’ managerial experience in financial services, managing a team of 3 or more
Experience in project planning and management
Applying business acumen and commercial understanding, specifically in terms of internal audit practices in an insurance environment

Ideally you also have:

Master’s Degree in Commerce / Internal Auditing

What you will be doing:

Managing insurance business units’ Internal Audit function

Responsible for defining, proposing and implementing a strategic approach for the insurance business unit’s Internal Audit that aligns with Internal Audit’s departmental strategy.
Contribute to Internal Audit’s departmental strategic planning, providing a focus for the insurance business unit.
Provide support and/or technical expertise to the Head: Internal Audit to realise the strategy through drafting and proposing input to the annual audit plan.
Responsible for linking strategy to departmental initiatives and communicating objectives to the insurance business unit team.
Provide support of insurance business unit’s know-how to the Head: Internal Audit to compile the departmental budget.
Contribute to the maturing of Enterprise Risk Management by identifying risks that could impact the insurance business unit strategically and recommend controls to mitigate these risks.
Leverage technology opportunities and systems to enhance and optimise the performance of the internal audit function.

MORE OPPORTUNITIES:

Operational management of Internal Audit function

Responsible for operational delivery of the Internal Audit strategy for the insurance business unit through realising the audit plan by ensuring appropriate resources and processes. Apply insurance business unit knowledge to take the practical steps necessary to optimise the effectiveness of the function through continuous improvement.
Establish the insurance business unit internal audit processes and implement the necessary governance and quality assurance, including audit reporting.

People / Team Management

Responsible for implementation of effective communication channels to ensure team communication and understanding of departmental processes, standards and quality assurance and achievement of targets/SLA’s.
Accountable for management of the team; headcount management, recruitment, development, talent reviews, succession, goal planning and performance management.

Relationship and stakeholder Management

Apply financial knowledge and business acumen to build trust and recognition of competency within the stakeholder base.
Identify internal and external parties or stakeholders for the insurance business unit and define their criticality and appropriate engagement method.

Application

CLICK HERE TO APPLY

If you are interested in being part of this dynamic team, on a mission to build the best financial services provider in the world through unlocking the potential of its people, please apply.

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