Job Information
MetLife Manager - Auditing in United Kingdom
Manager - Auditing
Country
United Kingdom
Working Schedule
Full-Time
Work Arrangement
Hybrid
Travel Required
10%
Relocation Assistance Available
No
Posted Date
13-Mar-2024
Job ID
2353
Description and Requirements
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 Internal Audit 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 Internal Audit role holder will fulfil the FCA’s Key Function Holder for internal audit (KFH). The role will also support the activities of the broader MetLife Europe audit team 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
Essential Business Experience and Technical Skills:
6+ years (less will be considered, if relevant to the Insurance sector) 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
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 clickPrivacy policy (metlife.co.uk) (https://www.metlife.co.uk/privacy-policy/)
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) (https://www.metlife.co.uk/privacy-policy/)
Benefits We Offer
Our benefits are designed to care for your holistic well-being with programs for physical and mental health, financial wellness, and support for families. We offer health care coverage for you and your family, insurance discounts for home, car, and pet protection, as well as parental leave. We also provide premium gym membership for you and your direct relatives, volunteer time off, discounts with specific universities, flexible Fridays, connectivity reimbursement, and much more!
About MetLife
Recognized on Fortune magazine's list of the 2023 "World's Most Admired Companies", 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 individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.
Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by empathy, we’re inspired to transform the next century in financial services. At MetLife, it’s#AllTogetherPossible (https://youtu.be/5Cz9r05j9AE) . Join us!