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  • Posted: Dec 23, 2021
    Deadline: Not specified
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    Santam Limited is the largest short-term insurer in South Africa, with a market share in excess of 22%, providing short-term insurance products through broker networks and direct sales channels. The company was established in 1918 and offers personal, commercial, and corporate insurance solutions. Santam is a subsidiary of Sanlam Limited and has been listed ...
    Read more about this company

     

    Senior Internal Auditor

    What will you do?

    A position as Senior Internal Auditor exists in Group Internal Audit: Santam Corporate Services – SANDTON.
    The incumbent will be responsible for conducting various types of assurance and consulting reviews across the Santam Ltd Group (includes subsidiaries, portfolio managers, underwriting agencies and international partners). This will be done in accordance with the annual audit plan handed down from Santam’s Audit Committee and conducted in terms of International Standards for the Professional Practice of Internal Audit. The role requires someone with strong analytical skills who can apply our risk based methodology as well as lead and manage multiple audits. 

    What will make you successful in this role?

    • Perform assurance and consulting reviews at Santam Ltd, its subsidiaries, portfolio managers, underwriting agencies, international partners and leading multiple audits.

    • Adherence to the Internal Audit methodology and the International Standards for the Professional Practice of Internal Audit.

    • Managing the performance of the audit team, including in-depth review of the audit team’s audit work and findings.

    • Responsible for audit execution, from planning to report finalisation. 

    • Audit planning in terms of assignment objectives, scope of work and budgets.

    • Performing risk and control assessments.

    • Developing and review of audit procedures to test adequacy and effectiveness of controls.

    • Prepare audit findings with thorough root cause analysis and practical recommendations.

    • Compile the draft audit report, and engage in discussions with various levels of management which will support the achievement of the Santam Group’s and our business partners strategic and financial objectives.

    • Follow up on audit issues raised and provide input into the reports to the audit committee and other relevant risk committees.

    • Maintain quality standards in terms of the audit methodology, approach and documentation.

    • Implementation and improvement of general quality assurance on all audit work.

    • Supporting and mentoring junior auditors.

    • Building relations with partners.

    • Demonstrate and apply holistic / big picture and forward thinking.

    • Supporting a combined assurance model (includes working with external auditors and other assurance providers).

    • National and international travelling to Santam offices and partners may be required.

    Qualifications and Experience

    • Internal Audit or equivalent qualification.

    • CIA or studying towards CIA.

    • 5 to 7 years internal auditing experience.

    • Experience in insurance related financial audits and knowledge of insurance processes would be an advantage.

    • Completed articles (external audit) would be an advantage.

    • Computer literate

      • Excel - Advanced

      • Word - Intermediate

      • ACL - Intermediate

      • Teammate

    Skills

    • Analytical ability and logical reasoning

    • Conceptual and innovative thinker

    • Understanding of key controls and risk management

    • Effective time management

    • Interpersonal, communication and networking skills

    • Relationship management

    • Facilitation skills and ability to influence individuals, groups and teams

    • Strong verbal and written communication skills

    • Conflict management 

    • Problem solving skills

    • Planning and organising

    • Writing and reporting

    • Knowledge sharing

    • Ability to work under pressure

    Competencies

    • Collaborates – building partnerships and working collaboratively and inclusively with others to meet shared objectives 

    • Client focus – building strong client relationships and delivering client centric solutions 

    • Drives results – consistently seizing opportunities and achieving results even under tough circumstances 

    • Flexibility and adaptability – rebounding from setbacks and adversity when facing difficult situations 

    • Cultivates Innovation – Creating new and better ways for the organisation to be successful 

    • High ethical standards

    • Proactive and achievement oriented

    About The Company

    Santam is the market leader in the general insurance industry in Southern Africa. We are a large, diversified, expanding and transforming company and whilst based in South Africa, we are rapidly moving into a number of emerging markets, both in Africa and Asia.

    Our success is rooted in our passion for our clients and everything we do is centered on our delivery of Insurance Good and Proper. We’re about people. People drive our business so it follows that we want to recruit the best people possible whether they work for us permanently or for a short time as temporary employees.

    At Santam we are committed to transformation and embracing diversity. This commitment is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce, representative of the demographics of our society. In achieving our employment equity goals we give preference to applicants from the designated groups in alignment with the Divisions Employment Equity targets.

    Method of Application

    Interested and qualified? Go to Santam Insurance on careers.sanlamcloud.co.za to apply

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