Internal Auditor at Discovery Limited

Key Purpose

To effectively utilize knowledge and experience gained in conducting audits within the Short Term Insurance environment to identify areas of risk. To work closely with internal business areas to minimize risk by implementation of tighter controls and analytics.

Areas of responsibility may include but not limited to

• Planning and execution of Operational and Financial Audits - reviewing business processes to identify and address potential risks: to assess the internal processes and controls in place and identify areas of highest risk that require further investigation and immediate improvements
• Evaluate and recommend improvements to business practices, processes and controls: Conduct trend analysis on findings in order to show common themes from the audit. Recommend training / coaching / process enhancement needs that are identified in this manner
• Compiling of reports and feedback to senior / executive management on audit findings
• Development and maintenance of risk register

Skills

• High attention to detail
• Exceptional numeracy and Excel skills
• Ability to work towards deadlines
• Analytical and critical thinking
• Effective communication skills
• Ability to analyse and pick up trends from data
• Sound independent judgement

Knowledge

• Experience in conducting audits in a short term insurance environment - Essential
• Knowledge of operating standards and procedures as well as knowledge of the laws and rules that govern the STI industry - essential
• Ability to manipulate large amounts of data to compile detailed reports
• Advanced Excel skills - essential
• Knowledge of Discovery Insure products - advantageous

Education And Experience

• Matric – Essential
• Completed or studying towards a tertiary qualification in business / finance
• CIA – advantageous
• 2-3 years’ experience as an internal auditor – Essential
• 2-3 years’ experience in the financial services industry – with at least 2 in Short Term Insurance environment – advantageous