WE ARE HIRING

General Alliance Insurance Limited is seeking a highly motivated and experienced professionals to join our team! As a leading insurance provider, we offer a dynamic and supportive work environment, opportunities for growth and development, and a chance to work with a diverse range of clients. If you have the passion and a proven track record of success, we invite you to apply for the following exciting opportunities.

1) Assistant Internal Auditor – Head Office, Blantyre

Reporting to the Internal Auditor, the Assistant Internal Auditor will provide independent assurance on the adequacy and effectiveness of governance, risk management, and internal controls across the organization’s operations. The role will focus on conducting risk-based audits of branches and head office operations, with particular emphasis on finance, insurance operations, compliance, operational efficiency, fraud risk management, and internal controls. He/she will help strengthen accountability, safeguard institutional assets, improve operational processes, and support compliance with regulatory requirements, internal policies, and professional auditing standards.

Key responsibilities

• Participate in the development and execution of the Risk-Based Annual Audit Plan.
• Plan and execute audit assignments with minimal supervision.
• Conduct audits of finance and accounting operations, insurance activities, branch operations, cash and bank management processes, ICT systems, procurement, HR, and other operational areas.
• Review and assess the adequacy and effectiveness of accounting systems, operational controls, internal controls, and risk management processes.
• Verify the accuracy, completeness, and authenticity of financial and operational records and reports.
• Perform analytical reviews and substantive testing to identify irregularities, control weaknesses, operational inefficiencies, and potential fraud indicators.
• Conduct fraud investigations and special reviews as assigned, including documenting findings and recommending corrective actions.
• Assess compliance with internal policies and procedures, and applicable laws and regulations.
• Prepare audit engagement plans, audit working papers, audit findings, and audit reports in accordance with professional auditing standards and departmental procedures.
• Prepare exit discussions and follow up on implementation of agreed management actions.
• Provide practical recommendations aimed at strengthening internal controls, improving efficiency, and mitigating operational and financial risks.
• Utilize data analysis techniques and system-generated reports to enhance audit effectiveness and efficiency.

Minimum Qualifications & experience:

• Bachelor’s Degree in Accounting, Finance, Internal Audit, Business Administration, or related field.
• Minimum of three (3) years’ relevant experience in internal audit.
• Strong understanding of accounting principles, financial controls, insurance operations, and internal control frameworks.
• Experience in auditing finance and accounting operations, branch operations, fraud investigations, or related operational processes.
• Experience in data analytics, IT audit, or use of audit data analysis tools will be an added advantage.
• Strong analytical, communication, investigative, and report-writing skills with a high level of integrity and professionalism.
• Proficiency in Microsoft Office applications.

• Participate in the development and execution of the Risk-Based Annual Audit Plan.
• Plan and execute audit assignments with minimal supervision.
• Conduct audits of finance and accounting operations, insurance activities, branch operations, cash and bank management processes, ICT systems, procurement, HR, and other operational areas.
• Review and assess the adequacy and effectiveness of accounting systems, operational controls, internal controls, and risk management processes.
• Verify the accuracy, completeness, and authenticity of financial and operational records and reports.
• Perform analytical reviews and substantive testing to identify irregularities, control weaknesses, operational inefficiencies, and potential fraud indicators.
• Conduct fraud investigations and special reviews as assigned, including documenting findings and recommending corrective actions.
• Assess compliance with internal policies and procedures, and applicable laws and regulations.
• Prepare audit engagement plans, audit working papers, audit findings, and audit reports in accordance with professional auditing standards and departmental procedures.
• Prepare exit discussions and follow up on implementation of agreed management actions.
• Provide practical recommendations aimed at strengthening internal controls, improving efficiency, and mitigating operational and financial risks.
• Utilize data analysis techniques and system-generated reports to enhance audit effectiveness and efficiency.

• Strong analytical skills
• Strong communication skills
• Strong investigative skills
• Strong report-writing skills
• High level of integrity and professionalism
• Proficiency in Microsoft Office applications
• Data analytics (advantage)
• IT audit (advantage)
• Audit data analysis tools (advantage)

• Bachelor’s Degree in Accounting, Finance, Internal Audit, Business Administration, or related field.
• Minimum of three (3) years’ relevant experience in internal audit.
• Strong understanding of accounting principles, financial controls, insurance operations, and internal control frameworks.
• Experience in auditing finance and accounting operations, branch operations, fraud investigations, or related operational processes.