Manager - Internal Audit at a Leading Health Insurance Firm - Brasenwall Professional Consultants

Brasenwall Professional Consultants - Our client, one of the leading Health Insurance firms, is recruiting to fill the position below:

Job Title: Manager - Internal Audit

Location: Lagos
Job Type: Full-Time

Job Purpose 

• Manage the entire audit process including plan preparation, organization of timelines and 
• milestones, opening presentation,, and closing presentation to the Board Audit Committee. 
• Conduct regular and systematic audit of financial records and transaction, operational 
• processes, payments related transactions to track financial control risks and potential  liabilities. 
• Work closely with Heads of businesses/functions and external auditors to maintain records in  compliance with applicable laws and code of corporate governance. 
• Drive speedy closure of exceptions reported by external auditors and prepare relevant  reports for presentation to the Board Audit Committee. 
• Prepare reports for timely submission of reports to the concerned audited departments and  follow-up regarding action taken on audit observations. 
• Prepare inputs to the Board Audit Committee for development of action plans to achieve visible improvements to controls, risk management and business processes at the parent and subsidiary companies; monitor the progress of these action plans. 
• Prepare report on changes in operational policies, systems and processes proposed by internal departments; provide recommendations on possible risks and gaps to ensure that operational policies, systems, and processes are fool proof. 
• Develop policy on whistleblowing, process, accountability, and protection of the whistle-blower; conduct proper investigation of claims. 
• Conduct organization-wide training programs to build a thorough understanding of audit requirements within various functions. 
• Perform value-for-money audits for the company’s projects and investments. 
• Conduct investigations and spot checks as required. 
• Support the development and execution of the company’s annual audit work plan. 
• Develop and implement tools to analyze data for improving audit efficiency and effectiveness, (including for risk assessments). 
• Maintain a database of all audit data, reports, queries, and other related documentation. 

Desired Qualifications 

• A good First Degree or equivalent in Accounting, Banking and Finance or any other quantitative discipline from a reputable institution. 
• Relevant professional qualification e.g., ACA, ACCA, CISA, CIA. 
• Good appreciation of IFRS Accounting Policies, Insurance, Capital Markets, HMO, etc. 
• Proficiency in the use of Microsoft Office applications, i.e., MS Word, Excel, etc.

Desired Experience: 

• Minimum five (5) years relevant experience in a health insurance or medical services sector 

Key Competencies: 

• Good knowledge of the regulatory environment 
• Strong quantitative, problem-solving, and analytical skills 
• Strong knowledge of: 
• Internal Audit processes 
• Auditing standards and guidelines. 
• Good report writing and communication skills 
• Data extraction and analysis skills 
• Internal audit practice 
• Fraud detection and control 
• Investigation skills 
• Health Insurance industry knowledge 
• Stakeholders Engagement and Management.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should send their Applications and Resume to: [email protected] and copy: [email protected] using the Job Title as the
subject of the email.

Note: Applicants should please put their current salary and location in the body of the mail.