Chief Audit Officer at Allianz Nigeria Insurance Limited

Allianz Nigeria Insurance Limited is a composite Insurance company licensed to transact Life and Non-Life Insurance business in Nigeria, delivering a range of retail products such as Motor, Life, Home Insurance an corporate products to more than 30,000 customers.

Incorporated in 1993 as Union Assurance Company plc, the company was relaunched as Ensure Insurance plc in 2016. It was acquired in 2018 by Allianz and rebranded as Allianz Nigeria Insurance Limited In 2017, the company generated gross written premiums of N7.67billion representing an 86% growth over 2016 (N4.19billion). In May 2018, Allianz Nigeria Insurance Ltd officially became a company of The Allianz Group.

We are recruiting to fill the position below:

Job Title: Chief Audit Officer

Location: Lagos
Job Type: Full time

Job Description

• Examine and scrutinize internal work process and activities to determine compliance to policies, plans, standard, laws and regulations.
• Restructure the internal audit system and set up standards of audit report.
• Review audit working paper files and present management control report.
• Protect and safeguard the company’s financial and other assets.
• Review the adequacy and effectiveness of established policies and procedures and the overall performance of the audited area.
• Review the accounting procedures and records in line with company’s policies
• Develop, review and implement audit programmes and manuals for the Company.
• Conduct and report on the value for money that the organization obtains in all its activities with special regard to economy, efficiency and effectiveness.
• Evaluate accounting systems and internal controls.
• Review audit working paper files and presenting management control report. 
• Responds to alleged violations of rules, regulations, policies, and procedures by evaluating or recommending the initiation of investigative procedures. 
• Acts as an independent review and evaluation body to ensure that compliance issues/concerns within the organization are being appropriately evaluated, investigated and resolved.
• Develop initiates, maintains, and revises policies and procedures for the general operation of the compliance program and its related activities to prevent illegal, unethical, or improper conduct.

Job Requirements

• Candidate must possess a Bachelor's Degree in Accounting or any other related discipline
• Minimum of 12 years post NYSC work experience in Audit, preferably in the financial industry with at least 6 years in a managerial position
• Membership of one or more relevant professional bodies (i.e. ICAN, ACCA, CISA) is required.

Application Closing Date
18th September, 2023.