The Group Internal Audit team provides independent and objective assurance and advice to the Group Audit Committee, and to the Boards of Directors of the companies within the Group, over the processes and systems of control and risk management operating in the Group. Its scope covers all aspects of the Group and its activities. It also liaises closely with other monitoring functions across the Group, including Group Compliance and Group Risk. Its Audit Plans are developed using a risk-based approach.
The Group Audit team is based across three hubs in the UK (London and York), Europe (Lisbon and Luxembourg) and US (Atlanta and White Plains). The team is supplemented with additional co-source when required.
Key responsibilities
As a part of a small but dynamic team, you will conduct internal audits across the Hiscox Group in line with the Audit Plan. These audits will be primarily aligned to Hiscox’s US Business Unit , as well as occasionally other Business Units (like Hiscox Re, the UK or Europe) and Group functions. This will be through working with other members of the team, or independently on some reviews.
The role covers all aspects of the successful delivery of audits, including:
- ensuring the successful and timely completion of reviews, from initial scoping and planning through to reporting and follow up of actions and recommendations. You will take on the lead role on several audits, responsible for their end to end delivery, as well as supporting other team members with their audits;effective stakeholder and relationship management at all levels;
- collaborate with cross – functional teams in making effective and pragmatic recommendations to address issues and to add value to the business;
- working with and supporting other team members;
- contributing to Internal Audit’s planning and strategy, and to its continued development; and
- stay current with industry regulations and best practices and support the development of the internal audit function in the US
- helping to build and maintain Internal Audit’s presence and reputation in the US and more widely across the Group.
Outside the Audit Plan, you may be asked to conduct specific reviews or to take on special projects. You will also be expected to take on additional responsibilities to support the Group Chief Auditor and other team members as required.
The primary reporting line will be to an Audit Director based in White Plains, New York.
Specification
- Must be degree qualified with a professional accountancy (CPA), audit or CIA/CISA qualification (or progress towards completion)
- Previous internal audit experience in financial services - while internal audit experience is highly preferential, we will consider exceptional candidates from an external audit background, and candidates from other industries
- A dynamic, assertive and self-confident individual who can deliver without the need for high levels of supervision
- The ability to plan and organise an end to end audit with minimal day to day supervision, audit with the inherent flexibility to adapt the process as required
- Must be confident delivering difficult messages to senior stakeholders and be comfortable drafting written reports (which will be shared at Group Committee and Board level)
- Strong people and relationship building skills, notably influencing and negotiating
- Sound audit judgement
- Excellent team working skills Innovative problem solving skills and the courage to apply them
What Hiscox USA Offers
- Competitive salary and bonus (based on personal & company performance)
- Comprehensive health insurance, V ision, Dental and FSA
- 401(k) with competitive company matching
- 24 Paid time o f f days
- 10 Paid Holidays
- Paid sabbaticals after 10 years of service
- Dynamic, creative and values-driven culture
- Modern and open office spaces, complimentary fruit and drinks
- Spirit of volunteerism, social responsibility and community involvement, including matching charitable donations for qualifying non-profits via our sister non-profit compan y , the Hiscox USA Foundation
Salary Range - $85,000 - $105,000
Why Hiscox?
In addition to a competitive remuneration package including a profit and performance based bonus and comprehensive benefits, the role will provide unparalleled insight into and access across the Hiscox Group. For the right candidate, this will present opportunities to move in to more senior roles within Internal Audit, or within Hiscox more broadly.
Diversity and flexible working at Hiscox?
At Hiscox we care about our people. We hire the best people for the job and we’re committed to diversity and creating a truly inclusive culture, which we believe drives success. We also understand that working life doesn’t always have to be ‘nine to five’ and we support flexible working wherever we can, including a hybrid working environment (mixture of office and home working). Please chat to our resourcing team about the flexibility we can offer for this role.
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About us
We’re a global, specialist insurer headquartered in Bermuda and listed on the London Stock Exchange. With 3,000 employees and 32 offices in 12 countries we’re a business with lots of opportunity for people with talent, spark and lots of ambition. If you want to build a great career with a company that prioritises strong values – such as integrity and courage – where our people always pull together to do the right thing for each other and our customers, then we’d love to hear from you.
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