Job Description
The Monarch Insurance is a fast growing business under the Monarch group of companies.
Our values are to uphold professionalism and integrity; to provide quality customer care in service provision whilst having social responsibility and team spirit in all our operations.
We are looking for ambitious, self-driven candidates to fill the following position:
Application Deadline
2011-09-03Job Details
Internal Auditor
Reporting to the Audit Committee Chairman, the Internal Auditor will review the various operations of the departments both in life and general business to ensure compliance with the set controls, report any short falls and give recommendations to the audit committee.
The Internal Auditor will be charged with the following accountabilities:-
* Carry out periodic and continuous internal audit exercises on all functions and assets of the organization to minimise the risk of loss
* Continuously evaluate internal control systems in line with changing demands and ensure that the systems are appropriately designed to serve the best interest of the organization at all times
* Ensure that operations in various departments are conducted in compliance with laid down policy, procedure, work instructions and statutory regulations
* Evaluate audit findings, draw comparisons and analytical reviews and advise the audit committee on continuous improvement measures
* Identify and profile various risks inherent in specific audit assignments, discuss them with the audit committee and jointly agree on actions to be implemented for risk mitigation
* Analyse the issues identified during audits, to so as to point out the risks they pose on the company
* Understand the company’s strategy and business objectives so as to focus Audit’s work on the highest risks
* Continuously review operating policies, procedures and work instructions and make recommendations to the audit committee on the necessary improvements
* Evaluate, and examine policies and procedures and systems that are in place so as to protect assets of the company
* Regularly report to the Board audit committee on activities, issues and related recommendations
Experience and Qualifications
* Bachelors Degree in commerce (Accounting or Finance option)
* CPA (K) or equivalent
* At least 5 years experience in a similar function
* Knowledge of the insurance industry program policies, procedures, regulations, and laws
* Knowledge of and skill in applying internal auditing principles and practices
* Knowledge of the standards for the professional practice of internal auditing and the code of ethics developed by the Institute of Internal Auditors (IIA)
* Basic MS office skills
* Possess strong interpersonal, communication and negotiation skills
* Self driven individual with impeccable integrity
Interested candidates should forward their CV in MS Word format, by 3rd September 2011 stating the position they are applying for, their email address, day time telephone contact and names and addresses of three referees to: hr@themonarchinsco.com
Only short listed candidates will be contacted
