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Chubb

AVP, Internal Audit

City of London
Posted 2 days ago
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I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?

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Graduate Consultant — 2026 Scheme

PwC·London, UK
£35,000/yr

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Your economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.

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The AVP (Assistant Vice President), Internal Audit, plays a key role in directing and delivering high-quality internal audit coverage across key financial, operational and compliance risk exposures across the business in accordance with the audit plan and consistent with the Internal Audit Charter. The role combines technical audit expertise with strong leadership, business partnering and stakeholder management capabilities. The AVP manages multiple audit engagements from planning through to reporting, supervises a team of audit professionals, supports the development of the audit strategy and risk universe, and builds credible relationships with business management to provide independent, objective insight.

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Key Responsibilities

  • Plan, allocate resources, oversee and deliver audit projects in line with Internal Audit methodology, ensuring timely completion of projects within budget, high-quality outcomes and actionable recommendations.
  • Conduct and report on special assignments such as management requests for advisory reviews and fraud investigations.
  • Manage stakeholder relationships, including business management, senior leadership, regulators, and external auditors, through clear and timely communication and high quality deliverables.
  • Support the annual risk assessment and maintenance of the audit universe for the allocated entities/processes to reflect changes in risk levels and strategic direction of the Company.
  • Support preparation of the regional audit plan and audit strategy. Track progress of the audit plan against available resources to ensure timely completion.
  • Prepare periodic reports on audit plan status, including open issues and resourcing, and present results of Internal Audit activities and investigations for governance and audit committees.
  • Promote application and use of AI, data analytics, continuous auditing/monitoring, process automation, to increase audit coverage and optimize audit efficiencies.
  • Coordinate and partner with first and second line functions (compliance, risk management, underwriting QA, claims QA, financial compliance).
  • Provide advisory support to management on risk, control and regulatory matters as required.
  • Actively participate in global IA continuous improvement initiatives.
  • Keep informed of regulatory and market developments impacting regional business, and stay current on organisational goals and objectives.
  • Supervise, coach and manage audit staff to support strong performance, productivity, capability development and timely delivery of audit projects.
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Skills

Internal Audit
Risk Assessment
Stakeholder Management
Team Leadership
Insurance Industry Knowledge
Regulatory Compliance
Report Writing
Data Analytics
AI Tools
Project Management
Internal Controls
IIA Standards
Fraud Investigation
Resource Allocation
Coaching
Business Partnering

Location

City of London, England, United Kingdom

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