Overview
Group Internal Audit Manager Jobs in Soweto, South Africa at Salix Recruitment
Reference: JHB
003164-SS-1
A niche insurer in South Africa is looking for an Internal Audit Manager!
Are you a strategic leader with a passion for governance, risk management, and compliance within the insurance industry?
Join a leading insurance company as an Internal Audit Manager and play a crucial role in ensuring the highest standards of risk management, governance, and regulatory compliance.
Be part of a dynamic team where strategic leadership, operational excellence, and continuous improvement drive success. This role reports to the Audit and Risk Committee with a dotted line to the CEO, offering high visibility and impact within the organisation.
Duties
- Strategic Leadership:
Develop and execute a comprehensive, risk-based internal audit plan aligned with company goals and regulatory standards. - Audit Execution and Oversight:
Lead and oversee audits addressing financial, operational, compliance, and IT risks, ensuring adherence to South African insurance regulations (FSCA and Prudential Authority). - Regulatory Compliance:
Stay updated on regulatory changes and maintain open communication with regulatory bodies. - Operational Excellence:
Optimize internal audit methodologies and promote a combined assurance approach across all lines of defence. - Team Leadership and Development:
Mentor and develop a high-performing internal audit team, ensuring they stay informed about industry trends and best practices. - Reporting and Communication:
Present findings to the Audit and Risk Committee and Board, fostering a culture of accountability and continuous improvement.
Qualifications
- Matric (Grade 12)
- Bachelor’s degree in Accounting, Auditing, Finance, or related field.
- Professional certifications such as Chartered Accountant (CA(SA)), Certified Internal Auditor (CIA), or Certified Information Systems Auditor (CISA).
Experience
- Minimum of 10 years in internal audit, with at least 5 years in a senior leadership role within the insurance or financial services industry in South Africa.
- Extensive experience with risk-based auditing and South African insurance regulatory frameworks (e.g., SAM). IFRS 17 experience is highly beneficial.
- Proven experience liaising with regulatory authorities (FSCA and Prudential Authority).
Skills & Competencies
- In-depth knowledge of South African insurance regulations and governance frameworks.
- Strong analytical, problem-solving, and risk management skills.
- Excellent leadership, communication, and stakeholder engagement abilities.
- Proficiency in audit management software and data analytics tools.
- Strategic thinker who balances governance needs with business priorities.
- High ethical standards and integrity.
- Innovative approach to audit methodologies and technology use.
R 1200000 – R 1300000 – Annually
#J-18808-Ljbffr
Title: Group Internal Audit Manager
Company: Salix Recruitment
Location: Soweto, South Africa
Category: