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Senior Internal Auditor, Asia Pacific

Date: Oct 11, 2021

Location: Singapore, SG

Company: SCOR

     APAC     

Singapore Singapore (SG) 

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Senior Internal Auditor, Asia Pacific 

Permanent 

Internal Audit 

 

 

          About SCOR         

SCOR, the 4th largest reinsurer in the world, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk. Using its experience and expertise, “The Art & Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – in Life & Health insurance as well as in P&C insurance. Our specialist teams operate in over 120 countries, developing value added and innovative products and services and making long-term commitments to their clients, namely insurers and large corporations.
SCOR's aim, as an independent global reinsurance company, is to develop its Life and P&C business lines, to provide its clients with a broad range of innovative reinsurance solutions and to pursue an underwriting policy founded on profitability, supported by effective risk management and a prudent investment policy, in order to offer its clients an optimum level of security, to create value for its shareholders, and to contribute to the welfare and resilience of Society by helping to protect insureds against the risks they face.

 

Job summary: Work involves leading and conducting internal audit assignments, follow up, and projects, under the direction from the Deputy Head Group Internal Audit, and, as agreed with the Deputy Head/ Supervisor, supports the supervision tasks during the audit assignment fieldwork. This involves complex and professional level internal auditing work and maintaining all organizational and professional ethical standards.

 

SCOR has one Group Internal Audit (GIA) located in Paris, Zurich, New York, London, and Singapore. GIA Singapore performs audit assignments primarily for Life, P&C and general operations, based in the Asia Pacific region (including Singapore, Beijing, Hong-Kong, Seoul, Sydney, Tokyo, Mumbai).

 

Key duties and responsibilities

 

Performs audit procedures subject to the Deputy Head supervision:

  • Based on the assignment objectives, develops the audit strategy and preliminary risk assessment, and audit work program
  • Conduct interviews, analyse documents, develops and administer surveys, compose summary memos, and prepares working papers aligned with the audit working framework
  • As part of the audit scope defined, analyse how risks are being mitigated and identify related issues and their components: criteria, conditions, causes, consequences, corrective actions i.e., recommendations, by reviewing processes, procedures and systems, testing transactions and analysing results and supporting evidence and documenting the audit working papers accordingly,
  • Communicates the audit results via oral presentation and written correspondence and reports, to management.
  • Have the ability to lead and supervise of the other auditors assigned, and reviews the accuracy, quality and completeness of the work and deliverables produced.
  • Participates to the works related to the recommendations follow-up.

 

Throughout the assignments and as part of the department’s activities:

  • Acquires and maintains the holistic view and an understanding of the internal audit role in the company’s governance, risk, compliance and internal control framework.
  • Contributes to internal discussions related to the annual audit plan on the region as triggered by the Deputy Head.
  • Assist Deputy Head in managing audit timeline and continuous improvement in GIA methodology, reporting and use of audit tools/ data analytics.
  • Develops and maintains productive objective relationships with stakeholders and team members, aligned with the role of GIA and with a mindset to add value, through individual contacts and group meetings.
  • Develop initiative and judgement under general supervision of the Deputy Head
  • Commits to pursue professional development opportunities, including external and internal training and professional association memberships, and shares information gained with co-workers.

 

 

Required experience & competencies

Experience: Significant audit experience (> 5 years) with a multinational company, preferably within insurance / reinsurance, bank/ financial sector and/or audit firm. IT audit experience preferred. 

Personal competencies / Soft skills:

  • Keep abreast of relevant corporate and professional topics, and deep understanding of SCOR’s strategy, organization, business and operations
  • Strong verbal and written communication skills, language Skills (English is a must, additional language skills in Mandarin/ Korean are beneficial.)
  • Ability to understand complex business processes and interactions, good capacity to analyse risks by considering both the strategy adopted by the company and the business environment and exercising judgment when taking decisions / alerting the supervisors.
  • Ability to organize the audit steps executions pragmatically, timely, efficiently and independently, maintaining the required quality level in analysis and working papers documentation, and supervise internal auditors’ part of the assignment. Existing experience in IT audits / Data Analytics is beneficial.
  • Ability to articulate and write accurate, clear, and complete deliverables (work papers, audit reports, follow-up reports).
  • Highest degree of ethics and integrity.
  • Skill to communicate openly and clearly, verbally and in writing and readiness to hold challenging discussions, and to suggest recommendations and assess corresponding management action plans.

 

Digital competencies:

Microsoft Suit (incl. Excel, Worlds, PowerPoint) Data Analytics (IDEA or equivalent)

 

 

Required Education

University degree in Accounting/Finance, Actuarial, Audit, IT, Risk Management / Compliance or other related industry. Pursuit of certifications such as CIA, CPA, CISA, and other relevant credentials related industry.

 

Language requiement: English required, Chinese and Korean as advantage.