Internal Auditor - RBB Insurance at Absa Group Limited (Absa)

Job Description

The RBB Insurance Group and Relationship Banking Internal Audit team is looking for a detail-oriented team player with an interest and preferably experience in the insurance, investment management and non-banking financial services environments (or any combination of these), who wants to gain insight into the various business operations and control processes across Africa. The Absa Financial Services (AFS) Group division provides wealth, investment management, stockbroking, trusts, will estates, financial management and short-term/life insurance products to our Absa customers. If you are interested in expanding your bancassurance experience in the non-banking arena of the financial services industry in a risk-based environment, we would be keen to engage with you and widen your career aspirations!

Audit planning

• Participate in the 6+6 audit planning cycle, provide input by taking into account the risk and control profile, business strategy and material risks affecting the business.

Assurance

• Develop an in-depth knowledge of Absa and the various business areas and use this knowledge to execute on assurance responsibilities.
• Actively participate in all the audit phases - planning and scoping (identification of risks and controls), fieldwork (execution of design and operating effectiveness assessments) and reporting (ensure audit observations and planned actions are agreed with management for factual accuracy).
• Ensure delivery adheres to the audit methodology and quality standards.
• Identify opportunities for using Data Analytics and enhanced automated auditing techniques.
• Prepare audit observations and make sure that they are concise, factually accurate and cover all of the significant issues. The observations must be insightful, address the root causes, and have agreed actions that fully mitigate the risk.

Education

• Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)