Audit Analyst, Insurance Pensions & Investments (IP&I

JOB TITLE: Audit Analyst, Insurance Pensions & Investments (IP&I)

LOCATION(S): Edinburgh & Bristol

HOURS: Full-time

WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our hub locations.

Group Audit and Conduct Investigations (GA&CI) has an exciting opportunity for you to join as an Audit Analyst, specialising in Insurance, Pensions & Investments (IP&I).  Would you like the opportunity to participate in audits that make a meaningful impact to how the Group supports our customers at key moments in their life?

About this opportunity

As an Audit Analyst you’ll support the delivery of high-quality audits. You’ll apply your knowledge of audit methodology to evaluate and test the design and operation of key controls.

You’ll be a proactive team member, with a growth mindset and will collaborate with other colleagues from across the GA&CI function on integrated audits. 

Day to day, you will

• Support control testing and identify areas of concern, articulating the potential challenge.
• Help deliver the audit plan and add valuable insights to the business to support them in achieving the right outcomes for customers.
• Develop an understanding of the areas of the business that you are auditing using your existing knowledge of the Insurance, Pensions and Investments industry.
• Develop and build stakeholder relationships.
• Actively role model the Group values and behaviours.
• Proactively own and drive your career development opportunities.
• Create a positive learning culture, coach and support less experienced members of the audit team.  Provide timely and effective feedback to support their development.

Why Lloyds Banking Group

Lloyds Banking Group (LBG) owns Scottish Widows making it the only integrated banking, insurance and investment provider in the UK.  As such, LBG has a unique opportunity to help customers manage their finances today, while at the same time helping them plan for tomorrow. 

For over two centuries, Scottish Widows has been trusted by millions of people to prepare for retirement and protect their families against the worst that could happen. 

Scottish Widows continues to evolve and adapt, investing billions in our people, data and tech to meet our customers’ ever-changing needs. Through our deep understanding of the insurance, pensions and investments industry, GA&CI plays a key role in helping the business support customers and deliver change safely.  Join us on our journey and you will too! 

What you’ll need:

Risk Management and Control:

• Prior audit (internal or external) or risk assurance experience.
• Strong track record of delivering risk and control assurance work that is impactful, insightful and valued by stakeholders.

Technical Expertise: 

• Knowledge of insurance, pensions or investments products.

Project Delivery:

• Strong verbal and written communication skills.
• The ability to take ownership and prioritise your work effectively to ensure it is delivered on time.

Strategic Thinking:

• The ability to understand and interpret Group and Business Unit Strategy and connect this to audit delivery to develop relevant insights.
• Be willing to take on new challenges and take ownership of your own growth and development.

Data Analytics:

• The ability to analyse, understand and communicate data as information, and to use data to drive effective audit outcomes.

And any experience of these would be really useful:

• Experience of using Agile project management principles to deliver audits.
• Understanding of direct to consumer investment platforms and products.
• Understanding of investment fund structures and Regulated Activities.

About working for us

Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms.  We want our people to feel that they belong and can be their best, regardless of background, identity or culture.  We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer initiative. And it’s why we especially welcome applications from under-represented groups.

We’re disability confident.  So, if you’d like reasonable adjustments to be made to our recruitment processes, just let us know

We also offer a wide-ranging benefits package, which includes:

• A generous pension contribution of up to 15%
• An annual performance-related bonus
• Share schemes including free shares
• Benefits you can adapt to your lifestyle, such as discounted shopping
• 28 days’ holiday, with bank holidays on top
• A range of wellbeing initiatives and generous parental leave policies

If you’re excited by the thought of becoming part of the team, get in touch.  We’d love to hear from you!