Manager, Internal Audit- Insurance

2 weeks ago


London, Canada Canada Life Assurance Company Full time

**Job Description**:
We are looking for a **_Manager, Internal Audit - Insurance_**

**_
Given the size and scope of our organization, we have the flexibility for this position to be located in the following head office locations: Toronto, London, Winnipeg, with_**
**flexible working arrangements**
**_._**

**Our team is growing**

It’s an exciting time to join Internal Audit at Canada Life. Our business is evolving, which means our team needs to as well. We are re-defining the stakeholder experience and the vision to provide insights to our business partners beyond assurance, and as such we need dynamic leaders to drive this evolution.

We have a key opportunity to own a portfolio aligned with one of our business units and corporate functions, and to make an immediate tangible impact. We are looking for experienced managers to lead our Group Customer portfolio.

**Role Description**:
Reporting to the Director, the Manager, will be responsible for effective management and delivery of a portfolio of internal audit engagements for Canada Life. As the Manager, you will co-develop the audit plan through participation in risk assessment and ongoing monitoring activities, adjusting as required to meet the evolving needs of the organization and Audit Committee. You will lead a team of Audit Professionals in developing and executing detailed audit plans that identify and assess risk, evaluate internal controls, identify improvement opportunities and work with business partners to ensure appropriate risk mitigation. In addition, you will be responsible for communicating findings to management, coaching and developing audit staff and cultivating business relationships. As part of a team committed to innovation and continuous improvement, you will take part in establishing new ways of working and support delivery of internal process improvement initiatives.

**What you will bring**

**Strong leadership capabilities, including demonstrated ability to**:

- Motivate and lead people by communicating a clear vision, establishing goals, measuring performance, and providing constructive feedback with encouragement
- Enable change by understanding and communicating the reasons for change, while maintaining a positive tone and engaging team members to provide support
- Encourage innovation and continuous improvement by empowering the team and encouraging open dialogue and feedback
- Models effective verbal and written communication behaviors
- Develop meaningful and mutually beneficial relationships with business partners, team members and other stakeholders, and identify opportunities for collaboration

**Strong working knowledge of governance, risk, control frameworks and audit methodologies,** **including demonstrated ability to**:

- Evaluate Management's risk-taking posture and awareness of the risks associated with their area
- Challenge processes and procedures to reflect governance best practice

**Effective engagement delivery** **practices, including demonstrated ability to**:

- Lead a portfolio of audits ranging in size and complexity, while meeting milestones and quality standards
- Perform risk assessments to conduct the appropriate type of engagement (assurance vs advisory) based on the risk assessment and business need
- Coordinate with the audit client on the audit's approach, objectives and scope
- Evaluate audit evidence quality and sufficiency in support of findings
- Draft the audit report including alignment with management on appropriateness of action plans and timelines for remediation activities
- Communicate the results of audit work to specified standards, and use frequent communication and to ensure timely validation and remediation by Management

**Data, benchmarking and visualization, including demonstrated ability to**:

- Identify and utilize high-quality internal and external risk and compliance data sources, benchmarking and market insights for use in projects, risk assessments and audit testing to maximize coverage and improve audit observations.
- Leverage data and visualizations to report on results and craft compelling messages

**Required Qualifications and Competencies**:

- University degree in Business Administration, Accounting, Finance, Risk Management, or another related field
- 7+ years progressive professional experience
- A recognized accounting or audit designation (e.g. CPA, CIA)

**Other Desired Qualifications and Competencies**:

- Experience working in an agile environment and strong knowledge of agile methodologies
- Experience working in financial services industry, preferable in insurance and/or wealth management operations and products
- Knowledge of the Three Lines of Defense model

**Be your best at Canada Life

**We are Canada Life**

Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.

You can be your best here. You’re part of a diverse and inclusive



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