Internal Audit Specialist: Underwriting

6 months ago


Johannesburg, South Africa Sanlam Full time

**What will you do?**
- A position as **Specialist Internal Auditor: Underwriting** exists in **Group Internal Audit**: Santam Corporate Services based in **Sandton.**What will make you successful in this role?**
- Perform assurance and consulting reviews at Santam Ltd, its subsidiaries, portfolio managers, underwriting agencies, international partners;
- Adherence to the Internal Audit methodology and the International Standards for the Professional Practice of Internal Audit.
- Responsible for audit execution, from planning to report finalisation.
- Audit planning in terms of assignment objectives, scope of work and budgets.
- Ensure that audit assignments are focused on key risk areas and are performed efficiently and within time and expense budgets.
- Performing risk and control assessments.
- Developing and review of audit procedures to test adequacy and effectiveness of controls.
- Prepare audit findings with thorough root cause analysis and practical recommendations.
- Incorporate data analytics (DA) to enhance audit planning and create efficiencies in audit fieldwork.
- Compile draft findings and engage in discussions with various levels of management which will support the achievement of the Santam Group’s and our business partners strategic and financial objectives.
- Follow up on audit issues raised and provide input into the reports to the audit committee and other relevant risk committees.
- Implementation and improvement of general quality assurance on all audit work.
- Supporting and mentoring junior auditors.
- Building relations with partners. Effective communication with the audit team, audit management and key stakeholders.
- Supporting a combined assurance model (includes working with external auditors and other assurance providers).
- National and international travelling to Santam offices and partners may be required.
- Design, develop and implement continuous monitoring mechanisms via data analytics.

**Qualification and Experience**
- Bachelors Degree - Internal Audit or equivalent qualification.
- CIA or studying towards CIA.
- 3 to 5 years underwriting internal auditing and/or Quality Assurance review experience.
- Experience in insurance related financial audits and knowledge of insurance processes would be an advantage.
- Reinsurance knowledge would be an advantage.
- Computer literate
- Excel - Advanced
- Word - Intermediate
- ACL - Intermediate
- Teammate

**Skills**
- Analytical ability and logical reasoning
- Conceptual and innovative thinker
- Understanding of key controls and risk management
- Effective time management
- Interpersonal, communication and networking skills
- Relationship management
- Facilitation skills and ability to influence individuals, groups and teams
- Strong verbal and written communication skills
- Conflict management
- Problem solving skills
- Planning and organising
- Writing and reporting
- Knowledge sharing
- Ability to work under pressure

**Core Competencies**
- Cultivates innovation - Contributing through others- Customer focus - Contributing through others- Drives results - Contributing through others- Collaborates - Contributing through others- Being resilient - Contributing through others**About The Company**
- Santam is the market leader in the general insurance industry in Southern Africa. We are a large, diversified, expanding and transforming company and whilst based in South Africa, we are rapidly moving into a number of emerging markets, both in Africa and Asia.- Our success is rooted in our passion for our clients and everything we do is centered on our delivery of Insurance Good and Proper. We’re about people. People drive our business so it follows that we want to recruit the best people possible whether they work for us permanently or for a short time as temporary employees.- At Santam we are committed to transformation and embracing diversity. This commitment is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce, representative of the demographics of our society. In achieving our employment equity goals we give preference to applicants from the designated groups in alignment with the Divisions Employment Equity targets.



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