Operational Auditor

1 month ago


Johannesburg, South Africa RAD Resources Full time

Key Responsibilities
Underwriting and claims audits at Underwriting Management Agencies (UMAs)
Test of design of controls
Document underwriting, claims and relevant legal/ compliance processes and key controls at the UMAs;
Evaluation of control adequacy and appropriate documentation.

Test of effectiveness of controls

Scheduling and coordination of operational audit timings at UMAs;
Execution of audits through testing key controls in underwriting and claims processes;
Compilation of workpapers supported by respective audit documentation;
Presentation of findings and drafting of comprehensive audit reports;
Regular updates on audit progress and outcomes;
Follow-ups on audit findings within designated timeframes;
Testing of statutory and related compliance at UMAs includes auditing aspects of governance and

structure, statutory requirements, agreements with stakeholders and service providers, policy wordings

and schedules and fair treatment of customers.

Ad hoc responsibilities
- Assistance with forensic investigations;
- Relationship management with, and service deliveries to UMAs relating to business improvements and risk

solutions.

Educational and experience requirements
Graduates with B.Com (accounting / internal audit / forensic
or equivalent) or LLB with 3 to 4 years auditing / insurance


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