Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation. Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903. We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues. Canada Life UK is transforming to create a more customer-focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers.
What we're building
We now need a Internal Auditor to support the transformation and the future growth of the business within the Internal Audit function, so it can provide impactful global and regional insights to the business, through the performance of global and thematic audits as well as targeted local audits.
Serves as a member of the UK Internal Audit team. The Internal Auditor will assist the UK Internal Audit Management to meet the strategic objectives of the Internal Audit team to Provide Bold Insight for a Company that delivers on its Promises to Customers. As the third line of defence, Internal Audit is responsible for performing an independent assurance and providing an opinion on the effectiveness of systems of governance, risk management and internal control and the design and operating effectiveness of the Risk Governance Framework.
What you'll do
Contribute to independent assurance engagement through contributing to the following activities, using data analytics and delivered in line with agreed timeframes and using an agile audit approach:
Draft engagement-level risk assessment,
Design work program,
Execute work program, and
Compile draft report for allocated internal audit engagements.
Note: The Internal Auditor will generally deliver audit engagements as part of a team and will lead smaller/less complex audit engagements.
To complete ICOFR (Internal Controls over Financial Reporting) effectiveness testing for allocated ICOFR processes
Provide Internal Audit management and the Chief Internal Auditor with support in respect of the management/administration of the function to meet the functional objectives.
Provide control and governance advice to the business in response to requests for Audit Advisory activity
Who you are
The following skills and/or experience are essential:
Ability to work under pressure within a team and individually to take responsibility for ensuring deadlines are met.
Ability to communicate at all levels with clarity and precision, both written and verbally. This role will include working within small teams and liaising with internal and external stakeholders.
Applied knowledge and expertise in the use of risk-based audit methodologies, tools and techniques.
Sound business and technical acumen, with the ability to navigate a complex organisation effectively.
Excellent time management skills.
The following skills and/or experiences are an advantage:
Relevant work experience in a Big Four accounting firm or within a financial services company with demonstrated working knowledge of governance, risk management and internal controls.
Awareness and knowledge of COSO Enterprise Risk Management – Integrated Framework (2004) and Solvency II Systems of Governance.
Applied knowledge and experience in the use of accounting concepts, COSO Internal Control – Integrated Framework (2013), The IIA's International Professional Practices Framework (2017)
Applied knowledge and experience in using computer-assisted audit tools and techniques (e.g. Excel, ACL, Tableau) and internal audit management software.
Applied knowledge and experience of project assurance methodologies and practices. Qualifications
Bachelor's degree from accredited college or university (desirable)
Qualified accountant or Chartered Internal Auditor or studying towards professional qualification (desirable)
What you'll like about working here
As a Canada Life UK colleague, you'll receive a competitive salary and comprehensive reward package including income protection, private medical insurance and life assurance, along with a generous pension and bonus scheme. You'll also receive the support you need with your personal and professional development. Our focus is to have an engaged, committed and motivated work force, operating in a high performing and collaborative culture. We want to create an organisation that offers opportunities for all our people to develop their skills and talent, and build rewarding careers with us. Diversity and inclusion
Canada Life is committed to a diverse and inclusive workplace. Our role as an employer of choice is to provide the right environment for talented people to do their best work, by respecting, understanding and valuing individual differences.