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Internal Audit Manager

Internship
London
Salary: Not specified
No remote work

Wakam
Wakam

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The position

Job description

Who are we?

Wakam is a B2B2C insurance company that creates white-label insurance solutions via its Play&Plug® technology platform for more than 150 distribution partners. We provide most of our insurance products through API, and hosts white label insurance solutions via our Play&Plug technology platform.

With a footprint spanning 32 countries and revenue of more than €900 million in 2023, mostly generated outside France, Wakam is the European leader in digital and embedded insurance.

Strongly committed to social responsibility, Wakam is a mission-driven company dedicated to “enabling transparent and impactful insurance".

✎ Job Description

The Internal Audit Manager supports the Chief Internal Audit to determine and execute the delivery of the Internal Audit plan of Wakam UK.

The role includes the following responsibilities:

  • Identify, assess and prioritise key risks relevant to the business in an Audit Universe
  • Helping to the determination of the annual Internal Audit plan
  • Coordinate co-sourcing resources, lead or participate in the different phases (planning, fieldwork and reporting) of the audit assignments.
  • Planning - scoping of the audit including documentation of audit scope, risk & control identification, and definition of testing strategies
  • Fieldwork - completing audit fieldwork by testing design and operating effectiveness of key controls and documenting audit work.
  • Reporting - Writing high quality work papers, issues and supporting the Chief Internal Auditor in writing the audit report.
  • Completing testing of audit issues confirmed as closed by the business
  • Support the Chief Internal Auditor for the preparation of Management Information and committee decks

Main tasks and responsibilities will notably include:

  • Managing & leading a wide range of material and/or complex legal, regulatory & contractual matters and deals (including drafting and negotiating agreements, structuring compliant distribution partnerships, and advising on UK legislation and regulation)
  • Building and maintaining relationships with, supporting, and reporting and updating key business stakeholders on legal and regulatory matters; understanding the business strategy and tactical priorities
  • Translating business decisions into a legal documentation
  • Applying a risk based, creative and solution driven approach, while ensuring maximum legal and reputational protection for Wakam
  • Assisting with the drive for consistency and efficiency across UK and potentially EU by seeking out & sharing expertise and experiences, information, learnings, knowhow and experiences with colleagues and the business

Profile

  • Strong Insurance industry experience (preferably retail General Insurance) with cross-functional understanding
  • Significant experience within an Internal Audit function within the insurance industry
  • CIA qualification or equivalent
  • Excellent oral and written communication skills
  • Strong presentation skills
  • Demonstratable expert technical knowledge
  • Demonstratable pro-active approach
  • Demonstratable ability in challenging the status-quo at all levels of the Organisation
  • Excellence attention to detail and accurate record keeping
  • Ability to develop and deliver innovative ideas
  • Ability to keep pace without loss of quality
  • Ability to influence and lead others
  • Strong Organisation skills and self-motivation
  • A problem-Solving mindset to identify issues and find creative solutions to challenges that arise.

Inter-relational skills

  • Positive energy, enthusiasm, agility, and team spirit
  • Pragmatist with tenacity and flexibility
  • Solutions orientated
  • Intellectually curious, highly capable, and eager to learn
  • Thinks and acts globally; capable of working effectively and collaboratively across an internationally diverse organisation.
  • Self-awareness and the ability to accept feedback and strive to continue to develop.
  • Personal resilience, an optimistic self-starter with strong drive
  • A structured and flexible approach
  • The highest ethical standards in all interactions and decisions, fostering trust and credibility.
  • A sense of ownership and accountability for Company success, taking responsibility for decisions and outcomes.
  • A balanced approach that identifies and addresses potential risks.

Recruitment process

1) Discussion with Lead Recruiter
2) Discussion with Chief Risk Officer Uk & Head Of Compliance UK
3) Discussion with Chief Internal Audit & Supervisory Relations
4) Discussion with Head of Talent

To help you get a complete picture of our hiring process and Wakam's work culture, please visit our dedicated page : Interviews at Wakam.

=> Welcome @Wakam 🙌

Positive energy, agility, and team spirit are essential to support Wakam in its hyper-growth!

You have the Wakam mindset? Join us!

More about us

Our culture? Free to impact. A culture where everything is possible, where all ideas are taken into consideration, where everyone has an impact on the transformation of insurance! Hungry for freedom? Thirsty for autonomy? If you are adventurous and like challenges, then the Wakam adventure might be made for you!

Discover on our website who we really are with the 11 cultural markers that so well describe us!

Mindset compatibility with our ‘Free to Impact’ culture:

  1. Think big
  2. Biased for action
  3. Curious and eager to learn
  4. Can say no and find solutions
  5. Aims for the moon (but please don’t stick on the moon)
  6. And above all: have fun working together 🤜🤛 !

  • Wakam is not based on a hierarchy but on a methodology where everyone finds their role and knows their objectives.
  • With a flat hierarchical system and a highly collaborative operating model, Wakam is an extremely agile and transparent company.
  • Every last Friday of the month, it's Free.day @Wakam, a day without meetings to take a step aside and dedicate ourselves to skills sponsorship or other activities (because we are curious, I remind you).
  • Full-remote is a reality at Wakam (there is even one Wakamee who works from his sailing boat ⛵) with our Wakam From Anywhere (WFA) program.
  • Last but not least : we are nice and we have fun! (you'll find out by yourself 😉)

At Wakam, we are committed to fostering an inclusive environment where diversity is celebrated. If you require any reasonable adjustments during the recruitment process, please feel free to reach out to your recruiter.

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