Rothesay is a UK insurance company purpose built to protect pensions. We are the largest specialist pension insurer in the UK, managing over £60bn of assets and securing pensions for over 800,000 people. We secure pensions for over 170 pension schemes and insurers including British Airways, Post Office, ASDA, National Grid and Aegon.

At Rothesay, we are striving to transform our industry. We believe deeply in creating real security for the future and our leadership in finding new and better ways to do that is the key to our success. To do that, we need the very brightest original thinkers to bring creativity as well as rigour. Rothesay is a rewarding place to work, where quality people can thrive and prosper. We pride ourselves on the connections our people build, many of whom have been with us for over ten years.

 

This role will be responsible for assisting the Chief Auditor in delivery of a risk based audit plan, providing assurance over the assets,  sustainability and reputation of Rothesay. They will take a key role in the identification of existing and emerging risks and in challenging, and supporting, the delivery of the Rothesay business plan. This is a fast paced role which requires constant reevaluation of approach and of priorities to ensure that the audit function and its operation remain relevant to the business.

 

Responsibilities:

Execution of Audits

  • Work as part of a team working on the delivery of audits and projects, some major and/or highly complex, based on the critical assessment of the business, governance, risk and internal control frameworks.
  • Prepare, plan and execute the audit testing program and assessment of the adequacy of the design and operation of the controls associated with the key risks identified across audit projects, completing the full audit lifecycle
  • Evaluate the effectiveness of internal controls, identify areas for improvement and provide sound recommendations.
  • Presentation of results to executive management.

Reporting and Attendance at Committees

  • Provide input to the reporting to the Audit Committee, as well as reporting to local management committees and senior management as required.
  • Attending, as an observer, Rothesay working groups, Steering Committees, Project Boards and other Committees as required, feeding back to the wider audit team, critically contributing to the debate.
  • Interaction with co-source partners, external auditors and/or regulators, as required.

On Going Findings Remediation

  • Proactively follow up with internal clients on the remediation of management actions arising out of issues identified during audits. Highlight areas of concern to the Chief Auditor in a timely manner.
  • Perform testing and review testing of the evidence provided by internal clients to support the closure of findings raised.

Continuous Monitoring

  • Establish and maintain effective working relationships with all business partners, and in particular, Compliance and Risk Management.
  • Contribute to developing a culture of risk awareness throughout the organisation, offering advice and support where necessary.
  • Deliver aspects of the Internal Audit Continuous Monitoring Program, including providing updates for and direct input into the quarterly update and the annual planning processes.

Skills and experience:

  • Qualified Accountant, Chartered Financial Analysts or role relevant qualifications e.g. bachelor’s degree in business, accounting or finance related field or equivalent experience. 
  • Financial services experience – Insurance/Reinsurance/Pensions/Capital markets/Payments
  • Minimum 3 years' experience in auditing within UK/US regulated financial services.
  • Experience at stakeholder engagement – a proven track record for developing positive working relationships and influencing stakeholders at all levels, including at the most senior level.

 

 

 

 

Rothesay actively promotes diversity and inclusivity. We know that our success depends on our people and that by nurturing a culture that values difference, we create a stronger, more dynamic business. We welcome applications from all qualified candidates, regardless of race, colour, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability or age.

 

Disclaimer This position description is intended to describe the duties most frequently performed by an individual in this position. It is not intended to be a complete list of assigned duties, but to describe a position level.  The role shall be performed within a professional office environment. Rothesay has health and safety polices that are available for all workers upon request.  There are no specific health risks associated with the role.

 

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