Let's Write Africa's Story Together!

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

Job Description

Assist in end-to-end planning, execution, and reporting of risk-based internal audits.Track progress of remediation efforts and action plans identified above, on an ongoing basis.Evaluate and challenge the design and operating effectiveness of key controls in underwriting, claims, actuarial, finance, and IT functions (not limited to).Provide robust recommendations for improvements and monitor the implementation of corrective action.Support combined assurance efforts by collaborating with Compliance, Risk, and Group Internal Audit.Present audit findings to management, when required.Continuously monitor regulatory changes (e.g. FSCA, Prudential Authority, SAM, King IV) and emerging industry risksDevelop audit data analytics routines and contribute to automation initiativesAssist Assurance Manager with other operational and reporting activities as required.Identify opportunities for innovation in audit as well as client processes and develop practical solutions to implement innovative practices.Effective communication with the audit team, audit management and key stakeholders.

Qualification

Relevant Internal Auditing tertiary qualification NQF level 7Relevant insurance related qualifications\accreditations.2-3 years’ experience in an auditing role with experience in the insurance industry preferable.

Assisting first line Retail Management with management of risk and controls.

Responsibilities

Financial Management and Control

Track progress against budgets within established finance systems, and report variances to more senior colleagues.

Data Collection and Analysis

Conduct research using primary data sources, and select information needed for the analysis of key themes and trends.

Policies and Procedures Development

Contribute to the drafting of policies, procedures, and related guidelines within an area of expertise to meet defined key principles and ensure compliance with external requirements.

Organizational Risk Management

Ensure the organization is not exposed to undue risks by using risk management systems to achieve specific goals within a designated area of the business.

Risk Scenario Modeling

Analyze and assess the risks associated with products, individual applications, new business areas, and the market to quantify risk and ensure it is within the agreed risk appetite.

Recommendations

Advise others on how to design new processes and systems that meet professional standards.

Insights and Reporting

Contribute to the preparation of various data and analytics reports.

Document Preparation

Organize and prepare complex documents using a variety of applications for technology devices, such as standard office software. Also responsible for gathering and summarizing data for special reports.

Operational Compliance

Identify, within the team, instances of noncompliance with the organization's policies and procedures and/or relevant regulatory codes and codes of conduct, reporting these instances and escalating issues as appropriate.

Personal Capability Building

Develop own capabilities by participating in assessment and development planning activities as well as formal and informal training and coaching; gain or maintain external professional accreditation, where relevant, to improve performance and fulfill personal potential. Maintain an in-depth understanding of technology, external regulation, and industry best practices through ongoing education, attending conferences, and reading specialist media.

Skills

Action Planning, Analytics Software, Budget Management, Computer Literacy, Data Analysis, Database Reporting, Data Compilation, Data Controls, Data Interpretations, Evaluating Information, Management Reporting, Numerical Aptitude, Report Review, Solution Analysis

Competencies

Business InsightCommunicates EffectivelyCourageDecision QualityEnsures AccountabilityFinancial AcumenInstills TrustManages Complexity

Education

NQF Level 7 - Degree, Advance Diploma or Postgraduate Certificate or equivalent

Closing Date

19 August 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!