Internal Audit Specialist (12 months contract)

Allianz Services is proud to serve and be part of Allianz Group, one of the world’s leading insurers and asset managers. Our global footprint, with more than 7,300 employees located across ten countries and four continents, enables us to unlock value for our partners across the insurance value chain and deliver client experience within Allianz Group. At Allianz Services, we have a specialization in core insurance operations, shared services, business analytics, engineering, and management consulting. Our people and our trusted relationships with partners are what matter most. These are rooted in our values of compassion, integrity, and expertise and we aim to continuously evolve, improve, and deliver excellence while contributing to the transformation of Allianz. Caring for the environment, for people, and for our customers is what makes us a great place to work and together we are shaping a better and more caring tomorrow.  

Employing Entity: Allianz Insurance Singapore

Within a span of just four years, Allianz Insurance Singapore (AIS) has emerged as the fastest-growing General Insurance company, achieving an unprecedented level of success. Since its inception in Singapore, AIS has consistently doubled its revenue year on year, a testament to its unwavering dedication to excellence. AIS takes great pride in being certified as a Great Place to Work, a reflection of our commitment to fostering a thriving and employee-driven business culture.

Internal Audit Specialist, Internal Audit (1-Year Contract)

Your role will be vital in ensuring the timely and high-quality delivery of audits outlined in the internal audit plan.  You will manage and execute internal audit engagements and support the Head of Internal Audit in functional enablement matters, as well as various group or regional initiatives.

Key Responsibilities:

• Support the Head of Internal Audit in executing audits as outlined in the annual audit plan.
• Plan and conduct risk-based audits in accordance with Allianz's internal audit framework and standards. This includes understanding business operations, assessing related controls and processes, and performing audit procedures (including data analytics) to evaluate the control environment and identify key risks and control deficiencies.
• Draft audit findings, lead closing meetings, and present audit results to auditees and senior management.
• Prepare clear, concise, and well-structured audit reports.
• Ensure audits are completed within the required timelines and maintain proper documentation in compliance with Allianz requirements.
• Monitor and follow up on the status and implementation of action plans to address audit findings.
• Leverage data analytics and technology to enhance the effectiveness and efficiency of audit processes.
• Assist the Head of Internal Audit in conducting the annual risk assessment and audit planning.
• Support the preparation of presentation materials for management committee, Board of Directors meetings, and other relevant stakeholders.
• Provide assistance on ad-hoc initiatives, special reviews, and functional enablement activities as required.

Required Qualifications & Experience:

• Minimum of 5 years of relevant experience, with strong knowledge of auditing concepts and control frameworks, preferably within the insurance or financial services industry.
• Strong team player with a high sense of ownership, accountability, and initiative.
• Strong analytical and problem-solving skills, with the ability to leverage technology to deliver value-adding audits
• Excellent verbal and written communication skills, with the ability to handle confrontations and resolve conflicts effectively.
• Proactive, detail-oriented, and committed to delivering high-quality work.
• Curious and eager to learn about the business, with a collaborative approach to sharing knowledge and ideas.
• Bachelor’s degree in accountancy, Finance, Actuarial Science or a related discipline (preferred).
• Professional auditing and compliance qualifications (e.g., CIA, CISA, CAMS, ICA) and/or professional insurance qualifications (preferred).