Madison Group Limited is a locally owned financial services holding company that specializes in Insurance and wealth management services. The Group comprises of Madison Life Assurance Kenya Limited, Madison General Insurance Kenya Limited, and Madison Investment Managers Limited. Madison Life Assurance Kenya was originally incorporated under Kenyan Laws in 1988 as Madison Insurance Company Limited (MICK) after a successful merger between Crusader Plc (1974) and Kenya Commercial Insurance Corporation.

Responsibilities or duties

• Support the execution of the annual audit plan for financial and operational audits
• Conduct audit fieldwork, including data collection, analysis and testing of controls
• Review financial records, transactions and reports to ensure accuracy and compliance.
• Evaluate operational processes to identify inefficiencies and areas for improvement.
• Identify and report audit findings, risks and control weaknesses.
• Prepare clear audit reports with actionable recommendations.
• Follow up on implementation of audit recommendations.
• Ensure compliance with internal policies, procedures and regulatory requirements.
• Maintain proper audit documentation and working papers.
• Collaborate with different departments to gather information and support audits
• Carry out any other duties that may be assigned from time to time.

Qualifications or requirements

• Strong analytical skills with ability to pay attention to details;
• Ability to observe and understand business processes and derive actionable insights
• Self-driven individual with ability to work with minimum supervision;
• Good communication skills, both verbal and written;
• Team player with excellent interpersonal skills;
• Ability to maintain the highest standards of ethics, confidentiality and professionalism;
• Ability to effectively manage and deliver to strict deadlines.

Experience needed

At least 2-4 years relevant experience in in internal or external audit preferably in the Insurance or the Financial services industry.

• Support the execution of the annual audit plan for financial and operational audits
• Conduct audit fieldwork, including data collection, analysis and testing of controls
• Review financial records, transactions and reports to ensure accuracy and compliance.
• Evaluate operational processes to identify inefficiencies and areas for improvement.
• Identify and report audit findings, risks and control weaknesses.
• Prepare clear audit reports with actionable recommendations.
• Follow up on implementation of audit recommendations.
• Ensure compliance with internal policies, procedures and regulatory requirements.
• Maintain proper audit documentation and working papers.
• Collaborate with different departments to gather information and support audits
• Carry out any other duties that may be assigned from time to time.

• Strong analytical skills with ability to pay attention to details
• Ability to observe and understand business processes and derive actionable insights
• Self-driven individual with ability to work with minimum supervision
• Good communication skills, both verbal and written
• Team player with excellent interpersonal skills
• Ability to maintain the highest standards of ethics, confidentiality and professionalism
• Ability to effectively manage and deliver to strict deadlines
• Excellent Computer skills with hands on experience in Excel and Audit Software (e.g. ACL, Case Ware IDEA, SQL)

• Bachelor’s Degree from a recognized University preferably in Business, Finance, Accounting, Actuarial Science or a related field.
• Professional Qualifications: Certified Information Systems Auditor (CISA) & CPA(K) is required, CIA will be an added advantage