Senior Auditor: Group Internal Audit

Who are we?
Sanlam was established as a life insurance company in South Africa but has since transformed into a diversified financial services group that operates across the African continent, India, Malaysia and selected developed markets, with listings on the Johannesburg, A2X and Namibian stock exchanges. In 2018 the Group celebrated its centenary as well as 20 years since demutualisation and listing in South Africa and Namibia. Sanlam is one of the largest internationally active insurance groups in the world with a presence in 31 countries and has the biggest non-banking financial services footprint on the African continent.

The Group's five business clusters (Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz and Santam) house the Group's business operations. The Group Office provides strategic direction and support to the five clusters, assisting them in realising their strategies and meeting their business objectives. The Group Office is responsible for governance and for the Group's centralised functions, which include: Finance, Actuarial, Risk and Balance Sheet Management, Strategy, Human Capital, Corporate Affairs and Sustainability.

What will you do?

• Define sample criteria / extract samples

• Perform control effectiveness reviews (CERs)

• Confirm effective working of internal controls by execution of audit test plan

• Document audit work
• Draft/ update audit test plan with changes
• Communicate audit observations (developing appropriate management comments and basic audit reporting)

• Perform control adequacy reviews (CARs)

• Obtain background information, define the business process and identify the objectives of the process

• Identify and score risks and identify risk mitigation strategies
• Assess level of residual risk and report on high levels of residual risks
• Communicate audit observations (developing appropriate management comments and basic audit reporting)
• Draft/ update audit test plan with changes
• Assist Audit Manager/ Audit Specialist with the management of the execution of the control effectiveness reviews
• Identify key controls
• Create / update / finalise the audit test plan to test the effectiveness of key controls
• Assemble and set-up the internal auditors
• Provide on-the-job supervision and transfer of knowledge
• Report control breakdowns / audit findings to appropriate levels of management
• Perform ad hoc management requests / projects
• Transfer of knowledge to Auditors
• Client relationship management
• Assist with performing "on-the-job" quality assurance (including selected CER file and audit test plan review)
• Provide ad hoc assistance to Audit Manager/ Audit Specialist.

What will make you successful in this role?

• Ability to execute a CER and perform basic risk and control assessments
• Understand the role of control models
• Understand all Global Internal Audit Standards as it relates to audit assignment execution
• Understanding of sampling
• Ability to effectively use the basic functionality of the technology commonly used
• Understand the objectives and process flow of basic business processes
• Detailed knowledge on how to perform a CAR and how to draft an audit test plan
• Basic level of understanding of staff management practices

Qualification
Qualification and Experience

• A completed B. Com degree in Accounting / Financial Accounting / Management Accounting or equivalent degree or Diploma in Internal Auditing.

Experience

• Minimum of 5 years audit experience or completed SAICA articles.
• Audit experience in Financial Services, specifically Investment Management will be to your advantage

Other

• Prepared to travel.
• Valid driver's license.

Knowledge And Skills
Conducts Internal Audits

Reporting

Audit working papers

Personal Attributes
Plans and aligns - Contributing independently

Business insight - Contributing independently

Decision quality - Contributing independently

Communicates effectively - Contributing independently

Build a successful career with us
We're all about building strong, lasting relationships with our employees. We know that you have hopes for your future – your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth. Through its five business clusters – Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office – the group provides many opportunities for growth and development.

Core Competencies
Being resilient - Contributing independently

Collaborates - Contributing independently

Cultivates innovation - Contributing independently

Customer focus - Contributing independently

Drives results - Contributing independently

Turnaround time
The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers.

The closing date for applications is 23 October 2025.

Our commitment to transformation
The Sanlam Group is committed to achieving transformation and embraces diversity. This commitment is what drives us to achieve a diverse, inclusive and equitable workplace as we believe that these are key components to ensuring a thriving and sustainable business in South Africa. The Group's Employment Equity plan and targets will be considered as part of the selection process.