Senior Internal Auditor | Sanlam Vacancies

The Senior Internal Auditor will conduct various assurance and consulting reviews across the Santam Ltd Group, including its subsidiaries, portfolio managers, underwriting agencies, and international partners.

The role involves adhering to the annual audit plan approved by Santam’s Audit Committee and performing audits in accordance with International Standards for the Professional Practice of Internal Audit. This position requires strong analytical skills to apply a risk-based methodology and to lead multiple audits effectively.

Key Responsibilities:

• Conduct assurance and consulting reviews across Santam Ltd and its associated entities.
• Adhere to Internal Audit methodology and International Standards for the Professional Practice of Internal Audit.
• Lead audits, including reviewing the audit team’s work and findings thoroughly.
• Manage the audit process from planning to report finalization.
• Develop audit plans, objectives, and budgets.
• Focus audit assignments on key risk areas, ensuring efficiency within time and expense budgets.
• Perform risk and control assessments.
• Develop and review audit procedures to test control adequacy and effectiveness.
• Prepare audit findings with detailed root cause analysis and practical recommendations.
• Utilize data analytics in the audit lifecycle to enhance audit efficiency.
• Compile draft audit reports and engage with various levels of management.
• Follow up on audit issues raised and contribute to audit committee and risk committee reports.
• Implement and enhance quality assurance on all audit work.
• Mentor and support junior auditors.
• Build relationships with partners and stakeholders.
• Demonstrate holistic and forward-thinking approaches.
• Support a combined assurance model involving external auditors and other assurance providers.
• May require national and international travel to Santam offices and partners.

Qualifications and Experience:

• Internal Audit or equivalent qualification.
• CIA or studying towards CIA.
• 5 to 7 years of internal auditing experience.
• Proficiency in data analytics.
• Strong understanding of risks and controls.
• Experience in short-term insurance-related audits and knowledge of insurance processes preferred.
• Completed articles (external audit) would be advantageous.
• Computer literate with advanced Excel skills and familiarity with ACL and Teammate.

Skills:

• Analytical and logical reasoning.
• Conceptual and innovative thinking.
• Effective time management.
• Interpersonal, communication, and networking skills.
• Relationship management and facilitation skills.
• Strong verbal and written communication skills.
• Conflict management and problem-solving abilities.
• Planning, organizing, and reporting skills.
• Knowledge sharing and ability to work under pressure.

Core Competencies:

• Cultivates innovation.
• Customer focus.
• Drives results.
• Collaborates.
• Resilience.