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Senior Broker Auditor

Job description

Senior Broker Auditor

The role:

Broker audits will be carried out to ensure regulatory compliance, enhance broker standards, reduce premium leakage, improve underwriting profit and ensure our brokers are meeting their regulatory responsibilities. You will work with our broker partners and stakeholders within the business, gaining exposure at a senior level.

What will I be doing day-to-day?

  • Adhere to the Audit Schedule and department SLAs.
  • Determine the audit scope and produce relevant audit documents.
  • Liaise with the broker to confirm the audit requirements and arrange any onsite visits as required by the business
  • Manage and review incoming audit documentation from the broker.
  • Share initial findings with the broker for their feedback.
  • Prepare audit reports to communicate the audit findings both internally and with the broker, in a clear and succinct manner.
  • Work closely with Broker Management to obtain commitment from the broker to address the issues identified.
  • Manage a portfolio of audits concurrently; ensuring the workload is prioritised appropriately.
  • Attend onsite broker audits, conducting yourself in the appropriate manner as an ambassador of the company.
  • Arrange travel and accommodation.
  • Maintain the audit tracker to accurately record the current position with all audits.
  • Ensure internal stakeholders are kept informed about the work undertaken by the team through regular reporting procedures.
  • Undertake other reasonable responsibilities, training, and project work, as instructed by their line manager.

What do I need to be successful in the role?

  • A good degree of computer literacy, including a working knowledge of the Microsoft Office suite
  • Strong Auditing experience/insurance experience
  • Excellent organisational skills
  • Ability to work unsupervised, to tight deadlines, prioritise workload and work under their own initiative
  • Pro-active, adaptable, and motivated
  • Excellent attention to detail
  • An analytical and problem-solving mind set
  • Excellent written and verbal communication skills
  • Ability to communicate with all staff levels
  • Willingness to travel, occasionally involving an overnight stay
  • Strong stakeholder management including external stakeholders
  • Willingness to undertake other reasonable responsibilities and project work

Desirable Skills and Experience:

  • A working knowledge of Landscape and i90
  • Experience of using Power BI or SAS VA
  • An understanding of the Markerstudy Group insurance products
  • Previous experience of conducting broker audits, internal audits or working in a broker environment

The Benefits:

Location: flexible location- Fully remote (travel will be required a few times a quarter- mileage will be paid)

Salary: £32,000-£50,000 depending on experience

Hours: Monday-Friday (37.5 hours per week)

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