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Audit Manager

Employer
MetLife, Inc.
Location
Bevendean, Brighton, United Kingdom
Salary
Competitive Salary
Closing date
Feb 13, 2024

View more

Job Role
Auditor
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Internal Audit Manager, UK

Brighton, UK

Hybrid working; 2 days in the Brighton office, 3 from home

MetLife, Inc. ("MetLife") has helped generations of people around the world protect their families and finances. We are one of the world's leading financial services companies, providing insurance, annuities, employee benefits, and asset management to our individual and institutional customers.

We are a company committed by a solid set of principles (see below) and purposes such as diversity, equity, and inclusion. Our working culture provides flexibility and naturally a 'hybrid' working model as standard. We are part of the Women in Finance Charter, an initiative set up by the UK's HM Treasury. We want to benefit from the many positives that come by having a more diverse working culture throughout all levels of seniority and lines of business. Our workforce enjoys excellent benefits, including private healthcare, a brilliant pension, and a host of other benefits to ensure you and yours are kept safe and protected.

MetLife Success Principles
  • Build Tomorrow - We change and innovate for sustained performance
  • Win Together - We collaborate and empower each other to succeed
  • Own It - We deliver for our customers

You'll be joining a business that is expanding, cares about the community and the environment. You will get a 9% pension as standard, increasing to 13% company max contribution (plus your 4% = a 17% pension). You can also get up to 31 days holiday, hybrid working, life assurance - employee, income protection, private medical insurance, mortgage advice, gadget cover, life assurance - partner, critical illness, travel insurance and dental cover.

Role Value Proposition:

Internal Audit helps to protect MetLife and its stakeholders by providing risk-based objective and independent assurance, advice and insights. The Internal Audit Manager, UK, role is based in the UK and reports into the Head of Europe Audit. The role is responsible for the provision of audit services for the newly formed MetLife UK Ltd (MUKL) entity and reporting the results of these activities into the entity's governing body. As such, the role holder will fulfil the FCA's Key Function Holder for internal audit (KFH). The Audit Manager role will also support the activities of the broader MetLife Europe audit team as needed.

In addition, the Audit Manager role also oversees the delivery of audit coverage in relation to the MAXIS reinsurance intermediary that is headquartered in London, liaising with Axa's corporate audit team and/or external consultants as needed.

Key

Responsibilities:

  • Manage and deliver timely audits relating to the MUKL and MAXIS entities in the UK. Integrates other disciplines into these audits as necessary, including IT, data analytics and other subject matter experts (i.e. Actuarial)
  • Support the timely delivery of audits relating to the wider MetLife Europe Internal Audit team as required.
  • Manage the identification of key risks, and the evaluation and testing of controls and within core business processes
  • Manage relationships with senior UK business leaders and regional/corporate stakeholders as needed
  • Prepare and present materials at formal governance meetings, including the MUKL audit committee and the MetLife Europe UK Branch Risk Audit and Compliance Committee.
  • Provide input to the determination of audit objectives and procedures to evaluate the adequacy of internal controls, operating procedures and accuracy of financial information
  • Prepare and/or review working papers for audits in line with departmental quality standards
  • Provide coaching and technical guidance to more junior team members within the Europe audit team and the wider regional team as necessary
  • Assess risks and the effectiveness of internal controls for reasonable assurance that transactions are executed in accordance with management authorization, that they are properly recorded, and that assets are effectively safeguarded
  • Prepare and present audit reports with findings and recommendations to management for compliance and resolution
  • Assist in managing open issues, including timely communication of at risk and past due items, plus effective testing of closed actions
  • Ensure effective risk management is taken into account in all day to day activities, in accordance with ME risk policies, and escalate any areas of concern to line manager and where appropriate Risk Management function.

Essential Business Experience and Technical Skills:
  • 6-8+ years of progressively responsible audit (or relevant business) experience including roles in audit control, public accounting, risk management and/or advisory experience
  • Strong knowledge of audit practices, procedures and principles with the ability to interpret and analyze complex concepts and apply these in innovative ways
  • Good knowledge of international audit standards
  • Strong knowledge of the UK insurance industry, its products, and its regulatory framework
  • Technical knowledge of reinsurance principles, pool management, and retrocession
  • Strong communication and presentation skills, and ability to work with senior management and other stakeholders
  • Excellent analytical, organizational and communication skills (written and verbal)
  • Language proficiency in English
  • Must have executive presence with ability to influence decision-making
  • An undergraduate degree is required
  • CPA, CIA or equivalent professional qualification is preferred, although candidates with deep business experience will also be considered on merit

MetLife will assist in the funding of Professional Fees for employees where it is relevant and aligned to your position within the organisation. MetLife reserve the right to make a judgement on whether the subscription is relevant or not to your role as well as cease the payment at any time. This type of subscription will not incur "benefit in kind" tax.

At MetLife, we're leading the global transformation of an industry we've long defined. United in purpose, diverse in perspective, we're dedicated to making a difference in the lives of our customers.

To view our MetLife Job Applicants Privacy Notice please click Privacy policy (metlife.co.uk)

At MetLife, we're leading the global transformation of an industry we've long defined. Founded in 1868, MetLife, through its subsidiaries and affiliates, is one of the world's leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual and institutional customers navigate their changing world. We have operations in more than 40 countries and hold leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.

We are one of the largest global institutional investors with $568 billion of total assets under management as of September 30, 2023, ranked #54 on the Fortune 500 list, and honoured to have been named to Fortune magazine's list of the "World's Most Admired Companies" for four consecutive years.

MetLife employees are united by purpose, guided by empathy and inspired by one another's unique backgrounds and perspective to make a difference in the lives of our customers, communities, and the world at large.

This role is subject to the Senior Manager and Certification Regime:

Tier 1 - Individual Conduct Rules
  • You must act with integrity
  • You must act with due care, skill and diligence
  • You must be open and cooperative with the FCA, the PRA and other regulators
  • You must pay due regard to the interests of customers and treat them fairly
  • You must observe proper standards of market conduct

To view our MetLife Job Applicants Privacy Notice please click Privacy policy (metlife.co.uk)

MetLife is proud to be an equal opportunity employer. We are committed to attracting, retaining and maximizing the performance of a diverse and inclusive workforce. It is the policy of MetLife to ensure equal employment opportunity without discrimination on any basis protected by law.

For immediate consideration, click the Apply Now button. You will be directed to complete an on-line profile. Upon completion, you will receive an automated confirmation email verifying you have successfully applied to the job.

Requisition #: 135051

To view our MetLife Job Applicants Privacy Notice please click Privacy policy (metlife.co.uk)

We welcome applications from candidates of all backgrounds, ethnicities, genders, religions and sexual orientations.

We strive to find the best candidate for all positions and a diverse range of applicants ensures we widen our talent pool in order to achieve this.

Those with disabilities and neurodiverse conditions, please do let us know about your reasonable adjustments to ensure that we can best meet your needs.

MetLife UK is proud of our interests outside of our core business. Here's a few that might interest you too.

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