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Internal Auditor

2 weeks ago

Johannesburg, South Africa Munich Re Full time

Internal Auditor

Career Level 3

**Company**
Munich Re
**Location**
Johannesburg, South Africa

As the world's leading reinsurance company with 40,000 employees at over 50 locations in all parts of the world, Munich Re introduces a paradigm shift in the way you think about insurance. **By turning uncertainty into manageable risk we enable fundamental change.**

Join us working on topics today that will concern society tomorrow, whether that may be climate change, major construction projects, medical risk assessment or even space travel.

**Together we embrace a culture where multiskilled teams dare to think big.**

We create the new and the different for our clients and cultivate innovation.

**Sounds like you? Make it happen and be part of Munich Re.**

Be a part of a dynamic, global team Based on our mission of “impactful, agile auditing that really matters”, Group Audit provides independent, objective assurance and advice to numerous clients, including Audit Committees, Boards of Management as well as senior leaders of business or corporate functions.

**Munich Re of Africa (MRoA)**, is seeking an experienced person to fill the position of Internal Auditor. You will be responsible for performing audits at MRoA. Furthermore, you will be expected to add value at MRoA and the One Audit Community with your insights and knowledge.

**Your Job**:

- Efficient performance of all scheduled, ad-hoc and Group audits based on the standards of the Institute of Internal Auditors (llA), local regulations and Group Audit requirements.
- Manage the cradle to grave audit process including resource and group coordination where applicable, audit execution, reporting and follow up.
- Have a good understanding of the regulatory environment in South Africa and keep up with regulatory changes in the audit, governance and insurance space.
- Coordinate all auditing issues and ensure excellent communication with management of units to be audited.
- Create valuable business insights from internal audit activity and commercial knowledge to support decision making.
- Issue audit reports of high quality with particular attention to major or serious deficiencies and to the measures agreed to remedy them.
- Monitor the implementation of agreed measures to remedy deficiencies appropriately and in a timely manner.
- Support the Head of Audit to prepare periodic reporting to Group Audit, the Board executive management and regulators.
- Proactive engagement and positive relationship management with assigned business areas.
- Exchange and collaborate with management of other Group audit units when necessary.
- Support the Head of Audit in developing, implementing and maintaining a risk based internal audit plan, aligned with the business
- Build a professional working relationship with the business as a trusted advisor.

**Your Profile**:

- At least 7 years of professional experience in internal audit, compliance, risk management, quality assurance or related functions, ideally in the (re-)insurance or financial services industry. Relevant business experience would be an advantage.
- Knowledge of the South Africa (re)insurance market and applicable prudential regulations.
- Excellent written and spoken English language skills.
- Collaborative team player, proactively sharing knowledge, highly motivated and with a precise working method as well as intercultural competencies
- Excellent analytical skills and ability to understand complex issues
- Intermediate to advanced knowledge of data analytics software (e.g. ACL, Idea) is of advantage
- Agile mindset; ability to manage multiple assignments and track progress
- Confident and convincing approach, superior negotiating skills and assertiveness, ability to resolve conflicts effectively and pragmatically
- University degree, preferably in Accounting, Actuarial Science, Finance, Economics, or Law
- Relevant audit certifications(e.g. CIA/CISA/CA) or willingness to work towards

**Our Benefits**:

- Life and Health Benefits.
- Retirement Benefits.
- Hybrid working environment.
- Bonus Scheme.
- Employee Assistance Program.
- Wellness Programs.
- Global Mobility.

**You will work in an environment where we aspire to think big**: Change and culture are challenged. We communicate a compelling and shared purpose and direction. We pave the way towards success and see failure as learning.

**You are going to experience that we care & dare**: We are empathetic. We know when to lead and know when to let others lead. We attract, grow and coach future leaders.

**We aim to communicate in a clear & authentic way.** We solicit feedback, ask and listen, learn and unlearn.

**We lead the We**: We have a passion for winning and growing as a team. We inspire people to deliver a joint performance. We create an inclusive environment where different thoughts, generations, cultures and experiences are valued and encouraged.

LI-Hybrid

**About Munich Re**:
Founded in 1880, Munich Re Group is on the world's l