Audit Manager

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Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

The role has overall responsibility for the delivery of audits within the Old Mutual Insure Group portfolio. The role is responsible for the management of the audit teams (including people/service provider management) and delivery of the audit plan, including annual audit planning, updating the audit universe, execution of audits and preparation of audit reports. This role will support the Audit Lead/s in executing on audits and managing stakeholder relationships.

Key Result Areas / Outputs

Delivery of Services

• Contribute to the development of the portfolio/s audit plan

• Responsible for the update and maintenance of the audit universe and identification of emerging risks;

• Understand the risk profile of the business in a broader context of the Group and industry;

• Understand the regulatory environment and key legislation impacting the business

• Execute and deliver the audit plan and management requests timeously;

• Contribute towards and provide updates on the Combined Assurance Plans for the relevant portfolios;

• Ensure audits are conducted as per the GIA Methodology and that the quality and performance standards are maintained at all times;

• Timely delivery of impactful audit reports with well thought out management actions and due dates

• The ability to work on multiple audit engagements

• Facilitate the agreement of audit findings and ratings with the relevant stakeholders;

• Analyse root causes of issues identified and make recommendations to management to improve the control environment accordingly as necessary;

• Facilitate the integrated audit approach where necessary, such as use of IT and DAS; and

• Timely execution of the issues assurance plan per portfolio and within quality standards.

• Develop and maintain effective relationships with auditees;

• Ensure open communication with other audit teams, especially for integrated audits; and

• Support the Audit Lead/s in managing stakeholder engagement and relationships across the relevant portfolio/s.

• Support the Audit Lead/s in managing functional resource planning and integration, including the use of specialist consultants;

• Support the Audit Lead/s to manage the portfolio/s GIA stats process and monthly reporting process by engaging line 1 and line 2; and

• Comply with IIA Code of Ethics and GIA Policies and Procedures.

• Support the Audit Lead to manage the audit team.

Qualifications, Skills and Experience:

Qualifications & Professional Affiliations

• Relevant University Post Graduate Degree & Professional Qualification.

• CA (SA), CIA, CFA would be advantageous.

Experience

• Internal and External Audit experience required

• Strong background in the financial services / insurance industry

• Financial Controls, Financial Reporting, Credit Control, Procurement and Outsourcing Services Experience

• Minimum 3 to 5 years’ experience in managing multiple teams and assignments

• Experience of client relationship management at senior levels

• Data Analytics experience would be advantageous

Core competencies:

• Execution

• Collaboration/Teamplayer

• Customer First

• Innovation (Perspective)

• Personal Mastery (Learning)

Technical competencies:

• High Level of Computer Literacy

• Preferable Audit Software (e.g. TeamMate)

• Internal Auditing Methodologies

• Business Process Analysis

• Risk Analysis & Control Assessment Techniques

• Analytical Tools

• Report writing

• Professional Ethics

• Strong Business Acumen

• Internal Audit Management

• Critical Thinking

• Communication skills

• Improvement and Innovation

Personal Effectiveness

• Collaborates effectively with others to achieve personal results.

• Accepts and lives the company values.

• Accountable for service delivery through own efforts.

• Individually accountable for managing own time, tasks, output quality and development

• Makes increased contributions by broadening individual skills.

Skills

Accountability, Audit Management, Business, Client Relationship Building, Client Service, Code Of Ethical Conduct, Commercial Acumen, Communication, Core Competencies, Critical Thinking, Facilitation, Industry Knowledge, Innovation, Insurance Industry, Internal Auditing, People Management, Professional Ethics, Regulatory Environment, Relationship Management

Competencies

Builds Effective Teams

Business Insight

Communicates Effectively

Ensures Accountability

Financial Acumen

Instills Trust

Manages Complexity

Optimizes Work Processes

Education

Honours Degree (Hons) (Required)

Closing Date

01 May 2026 , 23:59

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

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