About PIC

Pension Insurance Corporation ("PIC") provides secure retirement incomes through comprehensive risk management and excellence in asset and liability management, as well as exceptional customer service. Our purpose is to pay the pensions of our current and future policyholders. We achieve our purpose by setting Companywide strategic objectives and driving a healthy culture based on our PIC Values of Resilient, Adaptable, and Loyal. Role purpose

Role purpose

• The role requires the ability to effectively collaborate with your business areas of responsibility to secure their buy-in and implement improvements to systems, processes, and technology, as appropriate.
• To apply knowledge and insights concerning the Internal Audit function and how this impacts our policyholders.
• To deliver strong business outcomes relating to capital, profitability, the Company brand and market reputation whilst achieving positive outcomes to our Board Committees on a consistent basis.
• Our Company values are expected to be reflected in the delivery and performance of every role

Specific accountabilities assigned to the role of Internal Audit Manager within the Internal Audit function:

• Responsible for the delivery of internal audits, including developing the internal audit scope, carrying out test plan, drafting audit reports, and documenting the audit work consistently with the IIA standards and the PIC IA audit manual. Some reviews will be undertaken individually, and some will be delivered alongside one or more internal audit team members.
• Carry out regular issue assurance to ensure adequate closure of actions.
• Demonstrate good practice and standards of internal audit, and, where relevant, make recommendations for improvement, helping design new templates and contributing to the development of the PIC IA manual.
• Contribute to the preparation of internal audit status update reports and integrated assurance reports to management and Board committees.
• Contribute to the production of the annual written assessment of the adequacy and effectiveness of PIC's risk management, internal control and governance processes and systems.
• Develop a partnership and trust relationship with designated business areas to propose relevant and proportionate actions to address issues identified.
• Takes ownership of defined projects and initiatives (in Internal Audit or in the business), agreeing scope and objectives, undertaking work, producing reports, presenting reports and measuring outcomes. This will be as part of developing broader experience and capability across PIC.

Knowledge

• Familiar with regular committee and integrated assurance reports, in order to support the production.
• Understand the attestations process and annual written assessment of the adequacy and effectiveness of PIC's risk management.

Skills

• Skilled in Internal Audit planning, fieldwork, and drafting findings.
• Structured, organised approach and ability to plan work.
• Strong communication skills, both in report writing and verbal.
• Ability to work effectively as part of a team whilst being an ambassador of PIC Internal Audit.
• Skilled in working collaboratively to deliver a "no surprises" audit approach.
• Experience of delivering of audits in the internal audit plan

Experience

• Experience of internal control and governance processes and systems.
• Willingness to learn, understanding the business and internal audit.
• Capable and willing to work towards passing apprentice scheme or relevant qualifications, including further studying in business, finance or audit, in order to develop internal audit skills.

In addition to a competitive base salary and the opportunity to participate in our annual, performance-related bonus plan, upon joining us here at Pension Insurance Corporation, you will get access to some great benefits, including private medical insurance, 28 days' annual leave (excluding bank holidays), a generous pension scheme and much more.