International Audit Manager/Leader

Tottenham, England, United Kingdom

12/4/2024

Responsibilities

Responsible for W. R. Berkley Corporation’s internal audit activities for the UK, Europe, Asia Pacific, and Latin America.

Scope Of Responsibilities

• Maintain and submit the WRBSML Internal Audit Charter each year to the Audit Committee for approval. arrangement.
• Develop and deliver a 3 year audit plan.
• Develop and deliver along with the co-source provider and/or Internal Audit staff a 1 year audit plan based on a detailed risk assessment of the business.
• Co-ordinate and develop the co-source arrangement in place for Internal Audit in the UK and all European entities .
• Responsibility to provide WRBSML Board and Audit Committee with independent assurances over WRBSML’s Internal Control Framework including; financial, actuarial, underwriting, risk management, and governance guided by a philosophy of adding value to improve the operations and governance framework.
• Preparation of WRBSML Audit Committee materials
• Staffing and planning audits utilising professionals from the WRBC Operating Units and the co-source provider.
• Assess practices, procedures, results and controls of the subject unit and/or function.
• Ensuring compliance with regulatory requirements.
• Lead and/or participate in closing meetings and Senior Management debriefings.
• Develop opportunities for improvement, and document issues and recommendations.
• Prepare written audit reports.
• Utilise RSA Archer’s Enterprise Governance, Risk and Compliance software to document audit workpapers, identify reportable issues, monitor Sarbanes Oxley 404 testing progress, and follow-up on remedial actions.
• Coordinate with WRBSML Sarbanes Oxley coordinators to ensure that Management’s testing is appropriately executed and the results reported to the WRBSML AC.
• Be acquainted with UK regulatory requirements and changes as defined by key regulators such as Lloyd’s of London, the Prudential Regulatory Authority and the Financial Conduct Authority.
• Interact with key UK contacts such as Risk Management and Audit Committee Chair and members.
• Facilitating key vendor negotiations.
  
  

Qualifications

Qualifications

• Relevant degree from an accredited college or university, or equivalent.
• CIA or Chartered Accountant
  
  

Experience

• Proven insurance and/or audit experience
• Substantial knowledge of the London market and Lloyd’s operations (including China).
• Exposure to, and experience with, U.S. owned companies with foreign subsidies.
• Knowledge of UK and U.S. GAAP, IFRS, Solvency II, COSO, Sarbanes Oxley
  
  

Skills and Characteristics

• Strong leader and manager.
• Proven understanding and implementation of “value added” audit principles.
• Excellent communication and interpersonal skills with management, staff and clients.
• Strong work ethic.
• Independent decision making abilities.
• Effective project management and organizational skills.
• A willingness to roll up sleeves and get the work done versus delegating.
• Excellent MS Word, MS Excel, and analytical skills.
• Ability to work in an environment with minimal administrative support.
  
  

Multi-lingual.