Internal Auditor – Investments job at CIC Insurance
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Vacancy title:
Internal Auditor – Investments

[ Type: FULL TIME , Industry: Insurance , Category: Accounting & Finance ]

Jobs at:

CIC Insurance

Deadline of this Job:
10 February 2023  

Duty Station:
Within Kenya , Nairobi , East Africa

Date Posted: Sunday, February 05, 2023 , Base Salary: Not Disclosed

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Internal Auditor – Investments

The bearer of the role is responsible for the execution of audits/assessments of controls and processes across all investments of CIC Insurance Group against leading practices, frameworks and common standards (e.g. Company policies and procedures, International Standards on Auditing, International Professional Practices Framework, International Financial Reporting Standards, Regulatory bodies such as the RBA, CMA, etc.).
S/He is also expected to participate in the preparation and implementation of annual work plans and budgets.

• Play a lead role in Investments audits – including the execution of evaluation and design of controls by carrying out independent tests and assessments of compliance with the policies, procedures and regulations as per the approved annual work plans plus audit tasks assigned to other areas;
• Assist in monitoring and identifying areas of internal control weaknesses and non-compliance within procedures and provide sound and practical recommendations to management;
• Provide value adding recommendations and supporting in the creation of policies and the automation of procedures and processes to ensure an appropriate level of internal controls, standards of efficiency and compliance are maintained;
• Assist the ICT Auditors in performing risk assessments and proactively identifying risks on all new and existing ICT systems to improve internal controls and operational effectiveness and efficiency;
• Prepare Investments internal audit reports – presenting clear, concise and timely internal audit working papers;
• Review implementation of previous audit findings and ensuring deliverables are on time and up to the expected standards;
• Contribute to developing and maintaining productive working relationships with the business; and
• Work effectively as a team member: providing support, maintaining communication and updating senior team members and management on progress.

Academic Qualifications
• Bachelor’s degree in Finance, Accounting, Actuarial Science, Statistics, or any business related degree with strong quantitative focus

Professional Qualifications
• Professional certification: CPA (K) or Chartered Accountant (CFA and/or Chartered Institute for Securities & Investment –CISI- qualifications an added advantage)
• Broad and deep understanding of investments
• Good understanding of guidelines and standards as prescribed in IIA-IPPF and other relevant investments standards
• Good working knowledge of Computer Assisted Audit Techniques (CAATs) and data analytics tools.

• Minimum of six (6) years of experience in audit 4 of which must have included audit of investments including but not limited to bonds, annuities, stocks, pensions, unit trust funds, various bank products, treasury bills, etc.
• Experience in business operations an added advantage

Skills and Attributes
• Knowledge of current technological developments/trends in area of expertise and knowledge of software requirements for audit of systems procedures
• Ability to work independently with minimum supervision
• Excellent communication skills – written, oral, presentation, report writing
• Strong decision making skills
• Critical thinking
• Ability to maintain highest levels of integrity and objectivity
• Confidentiality
• Willingness to learn and continuously expand technical and business skills in all areas
• Flexibility in mobility

Work Hours: 8

Experience in Months: 72

Level of Education:
Bachelor Degree

Job application procedure
Interested and qualified? Go to CIC Insurance on to apply

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Job Info
Job Category: Accounting/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: 10 February 2023
Duty Station: Nairobi
Posted: 06-02-2023
No of Jobs: 1
Start Publishing: 06-02-2023
Stop Publishing (Put date of 2030): 06-02-2065
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