We are currently recruiting for a Head of Internal Audit on behalf of a highly reputable organisation based in the Isle of Man. This is a senior leadership role with full accountability for directing and managing the Internal Audit function in line with group methodology and regulatory requirements.

The successful candidate will be responsible for developing and executing a risk-based audit plan, managing local audit resources, and coordinating with group-level audit specialists. The role also involves reporting to senior stakeholders including the Audit Committee and Chief Executive Officer. Some travel may be required.

Key Responsibilities:

• Design and deliver internal audit plans, including obtaining necessary approvals
• Lead audits across financial, operational, and risk-based areas in line with internal audit methodology and best practices.
• Collaborate with group leadership to maintain and enhance audit methodology.
• Present internal audit documentation and progress reports to the Audit Committee.
• Provide quarterly and annual assurance opinions on internal controls.
• Deliver assurance and advisory audits focused on risk management, governance, and internal control frameworks.
• Evaluate fraud risk and manage related investigations.
• Coordinate with other control functions to streamline assurance activities.
• Ensure compliance with legal and regulatory requirements through effective control assessments.
• Liaise with group audit leadership to ensure consistency in audit and governance standards.
• Build and maintain strong relationships with stakeholders
• Define clear audit recommendations with ownership and timelines.
• Manage and support internal audit staff based in the Isle of man
• Act as the central point of contact for internal audit matters with the executive team.
• Prepare reports for regulators as required.

Key Requirements:

Core Competencies:

• Strong business acumen with a strategic and advisory mindset
• Proactive and motivated to advance the internal audit function
• Deep understanding of internal control, risk management, and governance
• Focused on business improvement alongside audit rigour
• Capable of recommending and implementing internal control models
• Independent and self-motivated.
• Strong communication and presentation skills at executive level
• Analytical and persuasive, with the ability to work across all levels of the organisation.
• Excellent organisational and interpersonal skills
• Trusted adviser with strong influencing capabilities
• Able to manage complex issues and build positive working relationships

Experience and Qualifications:

• Relevant qualifications in internal audit, accounting, finance, or business (e.g. CIA, CMIIA, ACA, ACCA, or Actuarial).
• Minimum five years’ post-qualification experience in internal audit within insurance or banking, or equivalent external audit experience with a Big 4 firm and additional commercial exposure
• Solid understanding of local and international regulatory frameworks
• Strong analytical, communication, and time management skills