Pacific International Insurance is a dynamic cross-Tasman company that operates as part of a respected global insurance organisation. We have a diverse portfolio of direct insurance brands including PD, Blue Badge and Rapid Solutions. We also partner with a variety of well-established digitally enabled niche businesses via insurance binder arrangements.
Our business philosophy is to provide soft landings through our interactions with partners, customers, community, our team, and the broader industry. With our strong foundation and progressive mindset, we continue to forge ahead, anticipating and meeting the evolving needs of our customers in the ever-changing insurance landscape.
The opportunity…
As a result of ongoing growth, we are looking for a Head of Internal Audit to join our team and support our underwriting insurance partners and our regulatory compliance.
Reporting to the Audit Committee you will manage, coordinate, and conduct audits of all underwriting insurance partners and operational audits to ensure compliance with policies, regulatory requirements, underwriting insurance partners contract obligations and industry standards.
An overview of your key responsibilities…
Project Management and Coordination -you will manage, coordinate, and conduct allunderwriting insurance partnerand operational audits with the support of two Internal Auditors. You will develop detailed audit plans, schedules, and resource allocations to ensure thorough and efficient audits. You will ensure that all audits are completed within the designated timeframes and meet our high-quality standards.
Audit Execution-you will conduct and approve thorough and objective audits, including risk assessments and evaluation of internal controls. You will gather and analyse data, identify areas for improvement, and provide actionable recommendations while supporting the execution of remediations. Additionally, you will prepare and oversee comprehensive audit reports that summarise findings, conclusions, and recommendations.
Audit Schedule -you will launch and complete two underwriting insurance partner audits per month from August to May, ensuring timely and efficient audit cycles. You will also conduct three operational audits per year according to the Internal Audit Plan. Additionally, you will monitor the progress of audits and ensure adherence to audit schedules, playing a vital role in maintaining our standards of excellence and compliance.
Regulatory Compliance Preparation -you will support the preparation and compliance efforts for CPS230. You will collaborate with relevant stakeholders to ensure all necessary documentation and processes are in place. Additionally, you will stay updated with regulatory changes and ensure audit practices align with all regulatory requirements.
Communication and Reporting and stakeholder engagement -you will maintain clear and effective communication with all stakeholders throughout the audit process. You will present audit findings and recommendations to the Audit Committee, senior management, and underwriting insurance partner. You will build and maintain strong relationships with internal and external stakeholders and provide guidance and support to help them understand and implement audit recommendations.
What you will bring…
You will bring relevant tertiary qualifications such as CPA, CA, CIA, or equivalent. You will have demonstrated experience in internal auditing within the financial services industry. Your ability to present complex information clearly and concisely to various stakeholders will be essential. You will possess high-level analytical and data analysis competence, coupled with an inquisitive and curious approach to learning. Strong written and verbal communication skills are a must, along with being proactive and self-motivated with a strong sense of ownership and accountability. You will be able to effectively manage multiple priorities and meet deadlines in a fast-paced environment.
We're proud to offer…
Competitive remuneration and variable rewards
Supportive and collaborative hybrid work environment that values work-life balance, ensuring you have the flexibility to excel both personally and professionally
Employee wellbeing program and EAP services
Volunteer and support opportunities to make a difference in your local community
Mentoring by colleagues with extensive insurance expertise
If you are seeking to join a dynamic team and lead the way in ensuring integrity, compliance, and operational excellence, we would love to speak with you about this position.#J-18808-Ljbffr
