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Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

The role has responsibility for the delivery and execution of audits within the Old Mutual Insure Group Portfolio

This role will support the Audit Lead/ Audit Manager in executing on audits and managing stakeholder relationships

Key Result Areas:

Delivery of Services

Understand the business, its functions, products and risk profile

Understand the regulatory environment and key legislation impacting the business

Develops process understanding

Prepare risk and control matrices and perform control design and effectiveness assessments

Prepares audit planning memorandum and letter of intent.

Deliver audit assignments on time, within budget and in accordance with GIA methodology and in line with agreed quality standards

Facilitate the agreement of audit findings with the relevant stakeholders;

Delivery of impactful audit reports with well thought out management actions and due dates;

Analyse root causes of issues identified and make recommendation to management to improve the control environment;

Execute on the issues assurance plan and ensure it is executed timeously and within quality standards.

Support the Audit Manager/Lead with teammate file administration activities

Customer

Support the Audit Lead in managing stakeholder engagement and relationships across the relevant portfolio/s; and

Operations

Manage the portfolio/s GIA stats process and monthly reporting process by engaging line 1 and line 2; and Comply with IIA Code of Ethics and GIA Policies and Procedures.

Qualifications & Professional Affiliations

Relevant University Degree

Studying towards CA (SA), CIA would be advantageous

Experience

Minimum 3-5 years’ experience in auditing

Strong background in the financial services / insurance industry

Knowledge of the regulatory environment for the insurance industry

Knowledge of the cell captive business in the insurance industry would be advantageous.

Knowledge of trade credit insurance would be advantageous.

Experience of client relationship management at senior levels

Data Analytics experience would be advantageous

Competencies

Core competencies:

Execution

Collaboration/ Team Player

Customer First

Innovation (Perspective)

Personal Mastery (Learning)

Technical competencies:

High Level of Computer Literacy

Preferable Audit Software (e.g. TeamMate)

Internal Auditing Methodologies

Business Process Analysis

Risk Analysis & Control Assessment Techniques

Analytical Tools

Report writing

Professional Ethics

Strong  Business Acumen

Internal Audit Management

Critical Thinking

Communication skills

Improvement and Innovation

Personal Effectiveness

Collaborates effectively with others to achieve personal results.

Accepts and lives the company values.

Accountable for service delivery through own efforts.

Individually accountable for managing own time, tasks, output quality and development

Makes increased contributions by broadening individual skills.

Skills

Business, Business Acumen, Documentations, Insurance Industry, Internal Auditing, Relationship Management

Competencies

Business InsightCommunicates EffectivelyCourageEnsures AccountabilityFinancial AcumenInstills TrustManages ComplexityOptimizes Work Processes

Education

Bachelors Degree (B): Commerce

Closing Date

31 July 2025 , 23:59

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

The Old Mutual Story!