Internal Auditor

Company Description

OUTsurance has been propelling the South African insurance industry forward for the last 24 years. As leaders in the field, we’re always looking for innovative ways to add value to the business, without losing sight of our human values. OUTsurance is a customer-centric financial services company with a global footprint. We are vibrant, successful and values orientated with an awesome dynamic culture encapsulated by the ethos that clients and staff “always get something OUT.”

We are an enthusiastic and goal driven team whose main objective is to add value to the business through reviewing the processes and controls within the business and seeing the OUTsurance brand continue to go from strength to strength.

OUTsurance’s continued success can be attributed to OUTstanding employees who set the bar high with their energy and expertise. If you’re keen to grow your career and enhance your experience in the insurance industry in a vibrant environment with lots of friendly culture, collaboration and cross-skilling this could be the career opportunity you’ve been looking for.

Are you passionate about making a difference and adding value? OUTsurance Internal Audit is looking for a strong individual to join the Internal Audit team and be part of a winning culture.

**Job Description**:
**Key Duties & Responsibilities**:
Responsibilities of an Internal Auditor include auditing the various business processes within the OUTsurance Group and requires the auditor to conduct audit reviews, from planning to reporting and delivering audit outputs which include final reports within agreed timelines in accordance with Internal Audit Standards and best practice

This entails:

- _ Planning Phase: _
- o _Obtaining an understanding of the area and processes under review, to establish the scope of the audit. _
- _Including risk analysis, audit program design, documentation of process flows, etc. _
- _Execution:_
- _Performing of the audit fieldwork in accordance with the audit program and our Internal Audit methodology;_
- Documenting fieldwork in working papers
- Reporting material issues on a timely basis;
- Liaising effectively with the audit team, team manager and/or audit-manager; and
- Liaising effectively with clients at departmental level to ensure efficient completion of individual reviews, exhibiting appropriate soft skills.
- _ Reporting:_
- Carrying out debriefs with relevant stakeholders to communicate the results of the internal audit reviews, and ensuring that the scale and scope of the deliverables resulting from audit recommendations are adequately understood; and
- o _Drafting of the audit report, highlighting the relevant control weaknesses, risks, and recommendations, including management’s comments on the findings._
- _ Wrap-up and Monitoring:_
- _General administrative tasks regarding the _audit file and subsequent follow-up and tracking of audit findings; and_
- Evaluating and monitoring of corrective actions taken to address control weaknesses identified.

**Competencies and Skills**:

- Must have a passion for audit and the financial services industry;
- The ability to take responsibility and show initiative;
- Adherence to principles and values of the profession and the company;
- Excellent communication (written & verbal) and interpersonal skills;
- Excellent analytical and problem-solving abilities;
- Quality and detail orientation;
- Excellent Report Writing Skills;
- Effective at planning and organisation/work management;
- Desire and willingness to learn and further grow technical skillset;
- Enjoy Teamwork/ Collaboration; and
- Adaptability and Tolerance for stress.

**Qualifications**:

- Certified Internal Auditor (CIA); and/or
- Degree/ Diploma in Internal Audit; and
- Two years’ experience within the audit field.

**Experience**:

- Auditing in the insurance environment will be advantageous;
- IFRS 17 experience will be advantageous;
- JSE listed entity experience will be advantageous;
- Insurance Regulatory and Compliance experience will be advantageous;
- Data Analytics experience will be advantageous.

Additional Information

In accordance with OUTsurance Insurance Company Ltd Employment Equity goals, preference will be given to individuals who meet the job requirements and are from the various designated groups.