EY Senior Consultant Process & Controls Insurance 

United Kingdom, England, London 

54295153

Senior Consultant, Internal Audit and Controls, Insurance

We have an unparalleled understanding of the evolving requirements and expectations of Internal Audit. EY is the only professional services firm to have supported the development of the UK CIIA FS Code in 2013, and the 2017 and 2024 refresh.

Candidates must have experience of working in internal audit, risk and / or controls projects either as an internal auditor / advisor at a professional service firm and / or within an in-house Internal Audit function within industry. Insurance experience is preferred and advantageous.

Your key responsibilities

As part of the FSO Consulting team you will manage and work on teams with responsibility for building client relationships, and ensuring the overall execution of projects, under the guidance and direction of Managers, Senior Managers and Directors.

Join us and you'll work on challenging projects and accelerate your career within a supportive team. You'll also be introduced to career challenges that will take you into exciting new professional territory.

Your goal will be to help clients achieve their potential - and you can expect to do the same. As part of a supportive team, you'll have every opportunity to progress and build knowledge that will make a difference to your entire career.

Skills and attributes for success

• Planning and delivering internal audit and controls engagements that meet clients’ needs and expectations
• Using pre-existing methodologies to deliver engagements.
• Preparing deliverables for Manager and Partner review against quality expectations
• Maintaining active communication with both Managers/Senior Managers and clients to manage expectations and ensure client satisfaction.
• Understanding our service offerings and seek to identify opportunities to better serve clients.
• Assisting Managers with the development of client proposals and engagement contracts
• Overseeing and coaching graduate level colleagues
• Ability to operate with stakeholders / manage projects which potentially span all functions within client organisations.
• High level of drive, commitment to achieving solutions and ability to work and lead under pressure.

To qualify for the role, you must have some or all of the following:

• • Strong academic record including at least a 2.1 classified degree or equivalent, a professional qualification would be advantageous
  • Good understanding of the insurance industry and the role of key functions within an insurance company and/or broker, including:
    • Front Office – Marketing & Financial Promotions, Sales & Distribution, Claims Management, and Complaints Management.
    • Middle Office – Underwriting & Pricing, Product Development and Governance, Underwriting Operations, Policy Operations, Claims Processing, Reinsurance & Risk Transfer, and Billing & Collection
    • Back Office – Finance, Actuarial, Capital, Strategy, Risk, Governance, Legal, Compliance, Information Technology, Human Resources, Procurement, and Regulatory Affairs.
  • Solid understanding and experience of regulation and compliance hot topics in the Insurance sector.
  • Experience of performing reviews against regulatory requirements and expectations
  • Good understanding and experience of using standard IT platforms and software packages, such as Microsoft Word, PowerPoint, Excel, SharePoint and Outlook.
  • Strong stakeholder management skills
  • Be commercially savvy and able to collaboratively engage in discussions on future market trends and what this may mean for our clients.
  • Be a problem solver; tailoring what you have learnt from your experiences to date to different client problems to help design and implement the solution.

What we look for

• We are looking for highly motivated and professional candidates who are excited by the opportunity to help us develop and grow a team of high performing consultants. You will further add to the continued success of our Internal Audit & Controls practice and you are excited about helping our clients improve the way they operate.
• Being a strong team player is important as well as someone who is happy to work flexibly on different clients and different engagements.
• We are a diverse and inclusive team; our working styles are flexible and are supportive in allowing for everyone to work in a way that meets their needs. We use technology effectively in our work to enable easy transition between office and home working where appropriate to your style.

We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with FlexEY you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions.

Plus, we offer:

• Continuous learning:You’ll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you:We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
• Transformative leadership:We’ll give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture:You’ll be embraced for who you are and empowered to use your voice to help others find theirs.