Location: London / Hybrid
Salary Range: Competitive (dependent on experience)
Reporting to: Delegated Authority Audit Manager
Type: Permanent
Overview:
This role sits within a delegated authority oversight function, supporting the delivery of a robust audit framework across third-party partners. It offers the opportunity to play a key role in ensuring audit quality, regulatory compliance, and effective risk management across a diverse portfolio of delegated arrangements. The position combines technical audit expertise with stakeholder engagement, contributing to continuous improvement of audit processes and oversight practices.
Key Responsibilities:
- Support the planning, scheduling, and execution of annual and quarterly audit programmes
- Analyse audit reports, identify issues, and ensure appropriate follow-up and escalation
- Assist in developing risk-based audit scopes tailored to different business profiles
- Monitor and track audit outcomes, ensuring timely resolution in line with risk appetite
- Produce regular management information, reporting on audit progress, performance, and key risks
- Support communication with internal stakeholders and external partners to drive audit actions
- Contribute to the development and enhancement of audit policies, procedures, and processes
- Provide technical input on delegated authority arrangements, including regulatory expectations
- Assist in oversight and performance monitoring of outsourced audit partners
- Prepare reports and documentation for internal committees and governance forums
- Maintain accurate and timely audit data and records
- Ensure compliance with relevant regulatory requirements, including conduct and financial crime standards
What We’re Looking For:
- Strong understanding of delegated authority arrangements, including coverholders and binding authorities
- Knowledge of regulatory frameworks, including conduct risk and financial crime requirements
- Proven experience in audit, oversight, or risk management within insurance or financial services
- Strong analytical skills with attention to detail and accuracy
- Effective communication skills with the ability to engage a range of stakeholders
- Good organisational and administrative capabilities, with the ability to manage multiple priorities
- Proficiency in Microsoft Excel and Word
Desirable but Not Essential:
- Experience within the Lloyd’s or specialty insurance market
- Exposure to outsourced audit management or third-party oversight
- Experience preparing management information and reporting for senior stakeholders
About the Company:
A well-established insurance organisation operating within the specialty and delegated authority space. The business is recognised for its technical expertise, strong governance framework, and collaborative culture. It is focused on enhancing its operational capabilities, investing in risk management, and strengthening oversight of its global partner network as part of its ongoing growth strategy.