VP Internal Audit, Financial and Insurance Risk

4 months ago


Toronto, Canada Aviva Full time

Individually we are people, but together we are Aviva. Individually these are just words, but together they are our Values – Care, Commitment, Community, and Confidence.

We're currently seeking a VP Internal Audit, Financial and Insurance Risk. Aviva’s Internal Audit purpose is “to help the Board and Executive Management protect the assets, reputation and sustainability of Aviva." The function is a global function in the Aviva Group working across Aviva’s business divisions.

This role has considerable exposure and influence on strategic decision makers across the Group.

Come join our team

What you'll do:

Assisting in leading the development and delivery of the audit plan.

Assisting in communicating and reporting to relevant collaborators the assessment of the effectiveness of the framework of controls;

Leading on advisory work as appropriate.

Leading the team, ensuring that the appropriate people strategy is in place to recruit, lead, reward and develop staff effectively, driving dedication.

Driving team performance and development

Involvement in the strategic direction of the team in terms of structure, balance of resource in terms of seniority and skills.

Running individual review budgets (work days) and portfolios of reviews.

Supporting the various levels of Internal Audit reporting, including Audit Committee reporting

Budget management for area of responsibility if appropriate.

Audit Plan

Supporting the development and leading the delivery of the Financial and Insurance Risk components of the audit plan through a deep and broad understanding of the risks facing the business for the area of responsibility including additional ad hoc/ tailored audit work as required.

Manage resourcing, scheduling and audit focus through applying risk analysis skills and professional judgment to identify areas for in-depth review.

Identify requirements and manage specialists to ensure highly specialized technical knowledge and experience is applied appropriately to Financial and Insurance Risk audit reviews.

Audit Reviews

Leading a portfolio of Financial and Insurance Risk audit reviews and leading technical or sophisticated reviews where appropriate, providing overall quality control on reviews in area of responsibility / portfolio to ensure overall delivery is to the required standard.

Delivering and managing the timely production of high-quality concise audit issues, findings and audit reports.

Being responsible for issue tracking conducted by the team.

Partner and relationship management at a senior management level within the business.

Ensuring audit engagement objectives are met.

Ensuring quality control in the portfolio of reviews in line with the Audit methodology.

Committee reports – Contributing to the production of reports to Internal Audit’s key collaborators (e.g. Audit Committees, Risk Committees, and Board Committees etc) and through these influencing management actions to deliver a more effective controls framework.

Methodology - Ensuring the appropriate application, and contributing to ongoing development of, the Internal Audit methodology.

Continual Improvement - Identifying areas for improvement in the operation of the audit team.

IA Projects - Contribution (and where appropriate leading) to wider IA initiatives and projects.

Effective People Management – Conducting effective people management of the team in line with Aviva’s people management approach e.g. objectives, honest conversations, development plans etc.

What you'll bring:

Degree or equivalent experience and professional qualification preferred.

Professional audit, risk, accounting or actuarial qualification or equivalent business experience required.

Detailed Financial, Commercial and Insurance Risk technical knowledge

Regulation

Risk Identification and measurement

Audit Integrity – Audit skills and methodological application (planning, business analysis, risk and control evaluation, testing, reporting and follow up)

Sustained audit, risk or financial/actuarial experience preferably in insurance or in audit or consulting firm in the financial services department.

Excellent knowledge of financial / risk / insurance related topics.

Experience in leading sophisticated projects/reviews, leading small-medium teams and negotiation.

Experience in managing senior level relationships and influencing their behaviour.

What you’ll get:

Compelling rewards package including base compensation, eligibility for annual bonus, retirement savings, share plan, health benefits, personal wellness, and volunteer opportunities.

Outstanding Career Development opportunities.

We’ll support your professional development education.

Competitive vacation package with the option to purchase 5 extra days off per year

Employee driven programs focused on gender, LGBTQ+, origins, diversity and inclusion

Corporate wellness programs to support our employees’ physical and mental health

Hybrid flexible work model

Aviva Canada has an accommodation process in place to provide accommodations for employees with disabilities. If upon commencement of employment you require a specific accommodation because of a disability, please contact your Talent Acquisition Partner so that an appropriate accommodation can be arranged. This process applies throughout your career with Aviva Canada.

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