At PwC, our people in audit and assurance focus on providing independent and objective assessments of financial statements, internal controls, and other assurable information enhancing the credibility and reliability of this information with a variety of stakeholders. They evaluate compliance with regulations including assessing governance and risk management processes and related controls. Those in internal audit at PwC help build, optimise and deliver end-to-end internal audit services to clients in all industries. This includes IA function setup and transformation, co-sourcing, outsourcing and managed services, using AI and other risk technology and delivery models. IA capabilities are combined with other industry and technical expertise, in areas like cyber, forensics and compliance, to address the full spectrum of risks. This helps organisations to harness the power of IA to help the organisation protect value and navigate disruption, and obtain confidence to take risks to power growth.Focused on relationships, you are building meaningful client connections, and learning how to manage and inspire others. Navigating increasingly complex situations, you are growing your personal brand, deepening technical expertise and awareness of your strengths. You are expected to anticipate the needs of your teams and clients, and to deliver quality. Embracing increased ambiguity, you are comfortable when the path forward isn’t clear, you ask questions, and you use these moments as opportunities to grow.
Skills
Examples of the skills, knowledge, and experiences you need to lead and deliver value at this level include but are not limited to:
- Respond effectively to the diverse perspectives, needs, and feelings of others.
- Use a broad range of tools, methodologies and techniques to generate new ideas and solve problems.
- Use critical thinking to break down complex concepts.
- Understand the broader objectives of your project or role and how your work fits into the overall strategy.
- Develop a deeper understanding of the business context and how it is changing.
- Use reflection to develop self awareness, enhance strengths and address development areas.
- Interpret data to inform insights and recommendations.
- Uphold and reinforce professional and technical standards (e.g. refer to specific PwC tax and audit guidance), the Firm's code of conduct, and independence requirements.
Reporting
▪ Position reports to an Internal Audit Manager/ SeniorManager.
Key Responsibilities And Experience
▪ Have day to day responsibility over a range of Internal Audit
Reviews In The Insurance Sector - Including
- Performing process walkthroughs to identify key risks;
- Developing risk and controls matrices for the reviews;
- Performing and documenting design and operating
effectiveness testing;
- Documenting findings in an issue log and draft report;
and
- Providing relevant and pragmatic recommendations on
how to remediate any findings raised during the review.▪ Communicate regularly with the client to obtain the relevantevidence to support the Internal Audit reviews.▪ Perform Quality Assurance reviews over Internal Audit filesagainst internal audit methodologies and relevant internal auditstandards.▪ Monitor project progress, manage multiple assignments/related project teams, if needed.▪ Prior work experience in Insurance Internal Audit, QualityAssurance reviews, or Risk Governance and RegulatoryCompliance Testing in the insurance sector.▪ Able to demonstrate a deep understanding of Insurancebusiness processes and accounting including related systems,policies, procedures, and controls.
Interpersonal Skills
▪ Ability to work independently under general supervision withlatitude for initiative and independent judgment.▪ Excellent verbal and written English communication, includingactive listening skills.▪ Ability to establish and maintain effective working relationshipswith team members and clients.▪ Comfortable working on multiple projects simultaneously.▪ Demonstrate strong analytical thinking and communicationskills including the ability to research and understand complexprocesses and effectively communicate them to the team.
Client Management
▪ Proactive in engagement with clients in obtaining evidenceand/or raising queries.▪ Ensure client service delivery in accordance with the qualityguidelines & methodologies.▪ Build and maintain client relationships by understanding andbeing responsive to client needs and ensuring high quality ofdeliverables▪ Maintain excellent rapport and proactive communication withthe stakeholders and clients.
Operational Excellence
▪ Suggest ideas on improving engagement productivity, includingusing technology, and identify opportunities for improvingclient service. Also, share knowledge with team members andenhance service delivery.▪ Ensure compliance with engagement plans and internal quality& risk management procedures.
People Related
▪ Display teamwork, integrity, and leadership. Work with teammembers to set goals and responsibilities for specificengagements.▪ Foster teamwork and innovation.▪ Be actively involved in team building activity for stronggroup/team synergy.▪ Contribute to the learning & development agenda andknowledge harnessing initiatives.
Minimum Qualifications
Qualifications we seek in you:
▪ Bachelor's/Master’s Degree in Commerce / Economics / MBA/BBA (or) Chartered Accountant (or) CIA.▪ Experience in identifying control gaps and communicating auditfindings and recommendations to clients▪ Experience in performing Internal Audit reviews▪ Candidates with 4-8 years of relevant experience in similar role,preferably with a “Big 4” or equivalent
