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Audit Assistant Manager - Insurance

Date: Jun 23, 2019

Location: London, United Kingdom

Company: KPMG UK

AutoReq ID142522BR
Job TitleAudit Assistant Manager - Insurance
CountryUnited Kingdom
LocationLondon
FunctionAudit
Service LineAudit
Service Line InformationAt KPMG, our vision is to be the clear choice on the future of Audit. In today’s complex and ever-changing business world, we recognise that we need to be one step ahead for our clients - rather than reacting to emerging trends we need to anticipate them by harnessing technology. Our people are integral to this, bringing their natural curiosity, diversity of ideas and perspectives to help deliver client excellence.

KPMG OverviewKPMG is part of a global network of firms that offers Audit, Tax & Pensions, Consulting, Deal Advisory and Technology services. Through the talent of over 16,000 colleagues, we bring our creativity and insight to our clients’ most critical challenges.
With offices across the UK, we work with everyone from small start-ups and individuals to major multinationals, in virtually every industry imaginable. Our work is often complex, yet our vision is simple: to be the clear choice for our clients, for our people and for the communities we work in.

Job DescriptionAt KPMG, our values define who we are and the way we do business. As a leading professional services firm, we know that our strength and capability come from our people – their different perspectives, experiences and backgrounds. From our inclusive leadership strategy to our diversity and inclusion targets – we’re making bold changes to who we are and what we do. Be part of it. You will have the opportunity to work within a dynamic team and will benefit from extensive training, professional development and performance management to help you meet your professional goals.

KPMG is looking to consolidate its leading position within the insurance marketplace by appointing talented and enthusiastic auditors into newly-created assistant manager roles. Our insurance audit department is expected to grow significantly in the next 3 to 5 years based on recent audit tender results. In addition, the forthcoming new requirements from the IASB will generate a significant amount of change in the insurance industry. As a trusted partner within the industry, KPMG will be supporting insurance companies throughout this accounting change across a range of disciplines including financial reporting, actuarial, IT and management consulting disciplines.

Successful applicants will be working on some of the largest opportunities in the marketplace and will be exposed to excellent career development within a fast-growing, multi-disciplinary team. Working alongside directors and partners, you will be in a senior client facing role, forging strong relationships with top tier insurance clients

The Role:

As an Assistant Manager, you’ll be involved in all aspects of delivering audit engagements, from planning through to completion on a broad spectrum of Insurance clients. The role will include senior level client interaction and exposure to multiple clients on an annual basis, as well as daily tasks such as:
- Planning and execution of audit fieldwork and statutory reporting across a portfolio of clients
- Project management of all aspects of audit including agreeing audit timelines, team briefings, and supervision and delivery of audit work
- Budgeting and monitoring the financial performance of projects, focusing on optimising profitability
- Identifying, researching and helping to resolve complex audit issues
- Building relationships with the client staff and acting as an ambassador for the firm
- Reporting to audit managers and partners on all salient points arising from audits.
- Supervising and coaching junior members of staff to help them realise their full potential
- Keeping up to date with KPMG's product and service offerings and identifying the sales opportunities that will help us grow our business
- Working on audit tenders and working as part of the relevant independence team on these tenders. Tasks may include; Reviewing global engagement records in sentinel, Analysing and categorising the records, Contacting partners globally for engagement information, Preparing data and drafting Independence report , Liaising with UK Ethics and Independence team.
- You may also have the opportunity to work on specific audit related projects across the audit function.

The Person:

- Shows initiative, resilience and is able to multitask in a pressurised environment
- The ambition to undertake new challenges and step up into supervisory roles, taking leadership where necessary
- The ability to communicate with senior levels of management and off shore teams
- The desire to work in a diverse environment and gain exposure to an international working environment
- Strong project management techniques including decision-making ability, analytical skills, time management, prioritisation, organisation and evaluative skills
- Builds the reputation of KPMG through the quality of work, knowledge and experience.
- Monitors and upholds high quality of service and products to clients (internal and external).

Qualifications and Skills:

- Fully qualified ACA/ACCA or international equivalent is essential. We will also consider those who are tracking towards full qualification (both time and exam) in 2019.
- Recent and extensive external audit experience within a ‘Big 4’ or mid-tier firm is required
- Well-developed leadership and supervisory skills and the ability to effectively communicate with a wide range of individuals both internally and externally at different seniority levels
- Exceptional communication skills; both written and verbal
- Strong IT literacy, including Excel, PowerPoint and Word
- Experience auditing Insurance clients is required
- Recent, practical knowledge of IFRS 17 and US GAAP is preferable

Our Deal

Flexible Working

Our employees have many varied work schedules to suit their individual needs!



Our intelligent working options range from role sharing and flexible start and finish times, to home working and more informal arrangements agreed within teams.



Check out examples of KPMG employees enjoying different working patterns on our website and please do share your own individual requirements with us.



Applying with a DisabilityAs a member of the Business Disability Forum we're committed to ensuring a great experience for colleagues with a disability. Should you be successful after the initial application stage, please discuss any adjustments that you may require with your recruitment contact.

KPMG's commitment to diversity

We are proud of the value we place on individuality. We want you to bring your full self to work and maximise your potential. KPMG is a place where everyone can thrive, whatever their gender, ethnicity, disability, sexual orientation and socio-economic background.

Policy for Agencies

KPMG has a commitment to sourcing candidates directly and as such we do not accept speculative CV’s from agencies. Please check here to see our policy on agencies: Policy


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