Internal Auditor at CIC Insurance

PURPOSE:

Reporting to the Internal Audit Manager, the position holder will be responsible for providing independent and objective assurance and consultancy services to management in order to improve overall operations, with specific emphasis on the effectiveness of risk management, control and governance processes for the General Insurance Business.

PRIMARY RESPONSIBILITIES:

• Test subsidiary and support functions’ internal control processes;
• Plan, coordinate and review the work of Internal Audit Assistants;
• Visit Branch and Regional Offices to conduct process reviews;
• Prepare audit work papers, quarterly reports according to the audit work plan and present for review to the Internal Audit Manager.
• Take minutes of the Board Audit and Risk Committee as and when assigned by the Internal Audit Manager
• Conduct fraud investigations as and when need arises.
• Conduct performance appraisal for internal audit assistants; and
• Planning the work of Internal Audit Assistants.

Key Skills, Knowledge, Experience and Behavioral Competencies
Academic and Professional Requirements

• Education    Bachelor’s Degree    Degree in Business or a related field
• Professional Qualification    CPA II, CISA (systems) or CIA
• Professional Qualification    Insurance Professional Qualification is desirable

Experience Required:

 Description    Required years of experience

• Minimum years of experience    4
• Experience in the big 4 audit firms or an organization similar in size or larger than CIC Group is an added advantage    2

Skills & Knowledge Required:

• Knowledge of current technological developments/trends in area of expertise and knowledge of software requirements for audit of systems procedures
• Basic knowledge of regulations by AKI and IRA
• Ability to work independently with minimum supervision;
•  Excellent communication skills – written, oral, presentation, report writing;
• Strong decision-making skills
• Critical thinking
• Ability to maintain highest levels of integrity and objectivity
•  Confidentiality
• Willingness to learn and continuously expand technical and business skills in all areas
• Flexibility in mobility