Senior Internal Audit Manager - Johannesburg at Santam Insurance

• The purpose of the role of the Senior Audit Manager is to a play a significant role in delivering on the internal audit charter and improving the governance, risk management and control in the Santam Group. The senior manager is responsible to ensure that the Internal Audit activities are executed in accordance with the requirements of any specific acts and regulations applicable to the business or the function itself. 

What will make you successful in this role?

• Ensure that the Internal Audit function and activities are executed in accordance with the Charter as well as the requirements of any specific acts and regulations applicable to the business or the function itself.
• Assisting in the establishment and implementation of the overall Santam Group Internal Audit strategy.
• Evaluates and improves overall audit operations by leveraging technology and other tools.
• Understands and applies external benchmarks for performance standards.
• Develop internal standards and frameworks for audit work execution to further supplement current Institute of Internal Audit (IIA) standards as well as regulatory requirements.
• Providing input into annual planning process to develop a risk-based audit plan
• Delivery of the annual internal audit annual plan as approved by the Santam 
• Audit engagement management, co-ordination and optimisation of budgeted resources.
• Team leadership, which includes staff management, performance reviews, training, development and career planning.
• Stakeholder management (internal and external)
• Alignment with other assurance providers (e.g. external audit, risk management, compliance, etc.).
• Regular reporting to the various Audit and Finance and Risk Committees that includes not only significant weaknesses in governance, risk management and internal control, but also administrative matters relating to Internal Audit and its operations.
• Must be able to travel locally (maximum 40%), willing to travel internationally if required, and work overtime when necessary.

Knowledge and Experience

• Completed articles plus 4 to 6 years management experience in financial services (preferably General Insurance) or Internal Audit or Risk Management
• Experience in leading internal and or external audit teams in an insurance or financial services environment
• In-depth knowledge of audit methodologies
• Data analytics capability
• Strong leadership capabilities key to optimising the performance of a team and building credibility across the organisation
• Knowledge of relevant corporate governance and risk management legislation, codes and regulatory requirements that impact the Insurance Industry
• Expert knowledge of internal audit principles and standards within South Africa and internationally
• Understanding and knowledge of the financial services industry
• Understanding and knowledge of Insurance business processes

Qualifications

• CA (SA) / CIA / ACCA
• B. Com 
• External audit articles

Skills

• Knowledge of legislation, regulations applicable to the financial industry (FAIS, STIA, New Insurance Act as well a supporting prudential and conduct governance standards)
• Solid understanding of financial management and accounting
• Understanding of principles, policies, frameworks, methodologies, procedures, etc
• Stakeholder management skills
• Influencing and negotiation skills
• Excellent interpersonal, communication and networking skills across all levels
• High stress tolerance 
• Strong integrity and dealing with confidentiality 
• Report writing skills
• Ability to ‘think-out-of-the-box’ and critical thinking 
• High initiative/self-starter/proactive and anticipate requirements 
• Professionalism, excellent judgement, use of discretion and problem-solving abilities 
• Ability to work and make decisions independently 
• Computer literate (Excel, Word, PowerPoint & Teammate)

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