Internal Auditor at CIC Insurance

PRIMARY RESPONSIBILITIES:

• Participate in Life Assurance audits – including the execution of evaluation and design of controls by carrying out independent tests and assessments of compliance with the policies, procedures and regulations as per the approved annual work plans plus audit tasks assigned to other areas;
• Assist in monitoring and identifying areas of internal control weaknesses and noncompliance within procedures and provide sound and practical recommendations to management;
• Provide value adding recommendations and supporting in the creation of policies and the automation of procedures and processes to ensure an appropriate level of internal controls, standards of efficiency and compliance are maintained;
• Assist the ICT Auditors in performing risk assessments and proactively identifying risks on all new and existing ICT systems to improve internal controls and operational effectiveness and efficiency;
• Assist in carrying out technical audits of projects, and projects’ readiness controls and practices;
• Prepare Life Assurance internal audit reports – presenting clear, concise and timely internal audit working papers;
• Review implementation of previous audit findings and ensuring deliverables are on time and up to the expected standards;
• Contribute to developing and maintaining productive working relationships with the business; and
• Work effectively as a team member: providing support, maintaining communication and updating senior team members and management on progress.

Academic Qualifications

• Bachelor’s degree in Actuarial Science, Statistics, or any business related degree with strong quantitative focus
  Professional Qualification
• Professional certification: CPA (K) or Chartered Accountant
• (Certified Internal Auditor (CIA) an added advantage)
• Good understanding of guidelines and standards as prescribed in IIA-IPPF
• Good working knowledge of Computer Assisted Audit Techniques (CAATs) and data analytics tools.

Experience

• Minimum of six (6) years of experience in audit (4) of which must have been of life assurance
•  Experience in business operations an added advantage