Audit Manager Insurance - Leasing

For this Audit Manager Insurance vacancy LeasePlan is looking for a new colleague at their Amsterdam based office. The Audit Manager Insurance provides assurance by conducting audits (governance financial, insurance, operational, ICT and leasing-process) across all entities of the LeasePlan Group, including LP Global, LeasePlan Insurance, Value Streams and Group-wide support entities. Aim is to provide insight to the Managing Board, Audit Committee of the Supervisory Board, the European Central Bank and External Auditor into the control level regarding management control, financial, insurance, operational and ICT Information Security areas via audit reports, as well as specific assignments related to being a financial institution and related banking and insurance regulation. Group Audit pro-actively identifies control weaknesses across LeasePlan Group and enforces improvements via audit reports and follow-up of timely resolution of previously identified audit findings.

• In accordance with LeasePlan’s risk appetite and regulatory requirements, the Audit Manager is end-to-end responsible for independently conducting audits of all risk domains (e.g. financial, insurance, asset; credit, treasury; operational) at all world-wide LeasePlan entities and communicating the outcome (green, orange, red) of a specific audit area to local Executive Management, both verbal and in writing.
• As such, the Audit Manager is in principle traveling 10 to 14 weeks per year to the LeasePlan entities, LeasePlan Insurance (LeasePlan’s own Insurance Company supervised by the Central Bank of Ireland) as well as conducts audit at LP Global, being supervisor of an audit team as well as sometimes being team member. The Auditor Manager assesses the control level of key processes by discussions during interviews and substantive testing identifying internal control deficiencies, operational risks, compliance issues with Group policies or local laws/regulation and related risks and discussing preliminary findings with middle and executive management. The Audit Manager independently manages the audit team during the entire assignment abroad, as well as manages the process towards the local entity.
• All stakeholders and the entity/process owner depend on the right judgement of the Audit Manager in recognising (or missing) control deficiencies for specific parts of the audit and where acting as in-charge also for the overall outcome.
• Is on a continuous basis able to identify control gaps in the different governance, financial, insurance, operational and IT processes and translates these control gaps into tangible recommendations for improvement.
• Evaluates across highly diversified end-to-end processes the identified control gaps in combination with well-functioning controls and determines based on professional judgement if the overall existing control level is sufficient, including an overall outcome (green, orange, red).
• Is able to quickly establish a positive working relationship with all levels in the organisation to enable in-depth assessment of controls in processes, often involving several departments, local executive management, middle management and operational employees. In this capacity notices responses and adapts communication style to suit the situation. In addition, manages the audit team to make sure communication is constructive, but clear, especially in case of serious findings.
• Assesses the control environment of different processes and departments and independently concludes on the level of control. Is able to bring a bad message in a constructive manner, while being challenged by senior management. Prepares less experienced team members for this tasks and acts as a mentor during the audit.
• Based on close cooperation with the Risk Management team updates the higher risk audit work-programmes, challenges and discusses the policy with the policy owner. Acts as subject matter expert within the team, aimed at for instance training other team members and assesses the resolution of audit findings implemented by the entities.

To succeed in this role, you have the following skills and experience:

The ideal candidate is able to work closely with internal stakeholders across countries to receive required input. She/he is also able to deal with confidential information, is reliable and has a high level of integrity.

• University degree (at least Master’s) and finalised or close to finalisation of a post-master Financial or Operational auditing.
• Experienced in working as an (external or internal) auditor in the insurance related field.
• At least 8 years of relevant working experience.
• Excellent knowledge of Solvency II and IFRS 17.
• This position requires to travel frequently.
• Professional critical mind-set.
• Result oriented and able to work with deadlines.
• Good negotiation and conflict management capabilities.
• Able to form an independent opinion.
• Curious and inquisitive.
• Aware of and able to deal with cultural differences.
• The job holder has the DNA to independently identify control weaknesses and constructively communicate these weaknesses to different layers of the organisation, including local executive management, both verbal and written. Collaboration, agility, result-oriented project management and decision making are examples of key behaviours reflecting the agile culture of LP Global.

LeasePlan is a leader in the growing market of Car-as-a-Service for new cars, through its LeasePlan business. LeasePlan’s Car-as-a-Service business purchases, funds and manages new vehicles for its customers, providing a complete end-to-end service for a typical contract duration of three to four years. With close to 60 years’ experience, LeasePlan's mission is to provide what’s next in sustainable mobility so our customers can focus on what's next for them.