Head of Audit

Job Title – Head of Audit (Corporate Underwriting Division)

Contract – Permanent

Salary – Circa £100,000

Location – London & UK Regions

Role

Audit Responsibilities:

• Plan, organise and lead underwriting audits/reviews for the Insurance business units (London Market and UK Regional) and delegated authority programs, including scheduling and account selection.
• Perform underwriting file reviews by measuring how well Business Units and delegated authority programs adhere to corporate and business unit rules and protocols –  including qualitative and procedural components such as file documentation, account analysis/selection, and use of pricing tools.
• Assist – and where necessary lead – the collecting, processing and summarising audit information and the identification of trends. 
• Present audit results and draft audit reports for senior executive team.
• Identify trends in business units to assess relative risks in order to determine audit scope required.
• Co-ordinate audits with other company monitoring functions (Compliance, Internal Audit, Claims) as needed to support audit process.
• Assist Underwriting Units in the planning and implementation of appropriate underwriting controls including documentation

Speed to Market and other Responsibilities

• Assisting relevant departments in product development and refreshes as an independent voice.
• Assisting relevant departments in production of policy wordings, clauses and the like as an independent voice
• Liaising regularly and effectively with other internal and external assurance providers to ensure that thematic and cross functional areas of concern which involve underwriting in its broadest sense are understood and being appropriately dealt with.
• Liaising most closely with Corporate and Segment Internal Audit to assist them in development of their plans as well as ensuring audit coverage can be relied upon by relevant Audit Committees.

Qualifications:

• 15+ years underwriting or broking experience in one or a number of key classes of business Property, Casualty, Professional, or Financial Lines underwriting.  Additionally, coverage of other lines and underwriting audit experience is a plus.
• Business acumen with high attention to detail and strong analytical skills.
• Sound independent judgment.
• Ability to influence colleagues outside the team toward achievement of mutual goals.
• Excellent time management and organisational skills.
• Demonstrated ability to work across interdisciplinary teams that are geographically dispersed.
• Strong oral and written communication skills.
• Willingness to travel domestic and/or international as agreed and required

• For extra information please contact:-
• London: 0203 411 8430
• Email: admin@lawesgroup.co.uk