Internal Audit Specialist

Key Responsibilities:

• Managing and delivering a programme of specialist internal audit reviews focused on key regulatory and insurance sector risks;
• Contributing towards the content and execution of the internal audit risk assessment and risk based planning process.
• Ensuring that relevant industry regulations and emerging risks have been adequately considered within the programme of internal audit activity.
• Delivering specialist internal audit engagements from planning and scoping  through to execution and reporting;
• Communicating findings, verbally and written, to key stakeholders in a pragmatic and helpful manner;
• Building effective relationships with key stakeholders;
• Attendance and participation at key internal meeting including the Audit Committee as required.
• Implementation of the Quality Assurance Improvement Programme (QAIP).

Required Skills/Experience:

• Extensive experience of working in an internal audit or compliance role in regulated financial services and insurance sector organisations.
• In depth knowledge of key relevant regulations within the UK financial services sector, including, but not limited to Consumer Duty, IDD, CASS.
• Extensive experience of undertaking assurance reviews (internal audit or compliance) of key insurance sector activities such as claims management, broker sales, underwriting, customer service and complaints.
• Knowledge and understanding of relevant internal audit standards including the new Global Internal Audit Standards.
• Ability to work autonomously, managing own time and workload ensuring that all relevant deadlines are achieved.
• Strong written and verbal communication skills.
• Excellent stakeholder relationship management skills.

Our Benefits:

• Hybrid working – 2 days in the office and 3 days working from home
• 25 days annual leave, rising to 27 days over 2 years’ service and 30 days after 5 years’ service. Plus bank holidays!
• Discretionary annual bonus
• Pension scheme – 5% employee, 6% employer
• Flexible working – we will always consider applications for those who require less than the advertised hours
• Flexi-time
• Healthcare Cash Plan – claim cashback on a variety of everyday healthcare costs
• 100’s of exclusive retailer discounts
• Professional wellbeing, health & fitness app - Wrkit
• Enhanced parental leave, including time off for IVF appointments
• Religious bank holidays – if you don’t celebrate Christmas and Easter, you can use these annual leave days on other occasions throughout the year.
• Life Assurance - 4 times your salary
• 25% Car Insurance Discount
• 20% Travel Insurance Discount
• Cycle to Work Scheme
• Employee Referral Scheme
• Community support day
• Christmas and Summer parties

Working at SBG

At Somerset Bridge Group we aim to build a sustainable and innovative business focused on underwriting, broking and claims handling of UK motor insurance, offering transparent products and an efficient and fair service to our policy holders.

We are very proud to have been awarded a Silver Accreditation from Investors in People! We recognise that all of our people contribute to our success. That's why we are always looking for talented people to join our team - people who share our vision, who are passionate about what they do, and who want to be part of something special. 

Equal Opportunity Employer

Somerset Bridge Group is committed to creating a diverse environment and is proud to be an Equal Opportunity Employer. We prohibit discrimination or harassment of any kind based on race, color, religion, national origin, sexual orientation, gender, gender identity or expression, age, pregnancy, physical or mental disability, genetic factors or other characteristics protected by law. SBG makes hiring decisions based solely on qualifications, skills and business requirements.