Motor Insurers' Bureau (MIB)
Compliance Auditor
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About MIB
At MIB our people are passionate about making roads safer by getting uninsured and hit-and-run drivers off our roads. Working in partnership with the Police, Insurers and Government our collective aim is to make it a thing of the past but, until that’s accomplished, we’re here to compensate victims quickly, fairly and compassionately.
Last year we helped more than 34,000 people struck by uninsured and hit-and-run drivers and paid over £400 million in compensation to support victims rebuild their lives.
About the role
To carry out and lead operational and/or compliance audits of companies as required by their membership/usage of the MyLicence Service. To identify practices which contravene the MyLicence User Agreement. To recommend actions to address control weaknesses (and improvements to controls) identified during audit assignments; to negotiate suitable corrective actions and timelines with appropriate stakeholders and to check recommendations have been implemented.
Key responsibilities
- Coordinating and scheduling audits of registered users of the MyLicence Hub. (e.g. insurance firms, software houses, aggregators)
- Taking the lead in establishing individual audit requirements and coordinating the audit fieldwork.
- Performing audit fieldwork of registered users of MyLicence.
- Writing and delivering audit reports for registered users of MyLicence.
- Contributing to the development of audit frameworks and audit work programmes to meet the needs of the MIB’s Client Companies and Managed Services.
- Making written recommendations on identified audit deficiencies and/or instances of non-compliance with the MyLicence User Agreement.
- Working to tight deadlines, and monitoring auditees’ progress against agreed timelines and objectives.
- Monitoring auditees’ progress in implementing audit recommendations against agreed completion dates.
- Monitoring delivery against the agreed annual audit plan, and communicating any concerns or obstacles to the Audit Manager so that these can be resolved.
- Identifying and escalating instances of non-cooperation among auditees, exploring all available avenues for resolution among internal stakeholders.
- Assessing and escalating issues of concern for clarity and discussion among MIB and MyLicence stakeholders. (e.g. the Audit Manager and MyLicence Product Team)
- Representing the Audit team at external stakeholder meetings.
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Skills and Experience
- Proven experience of working within an audit environment and performing audit work in line with professional audit practice.
- Possess knowledge and skills to audit across the boundaries between business processes and IT applications.
- Self-motivated and able to work independently, displaying a high level of credibility and responsibility.
- Excellent communication and interpersonal skills.
- Ability to identify business risk in all environments encountered.
- A high degree of dexterity and high level of concentration.
- Good forensic and analytical skills.
- Good knowledge of office-based software, including databases and spreadsheets.
- Excellent report writing and presentation skills.
- Operate with integrity, honesty and fairness.
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Job Title: Compliance Auditor
Salary: £47,000
Level: 2
Working Hours: 35
Working Pattern: Monday - Friday, 9am - 5pm
Office Location: Milton Keynes
Job Type: Permanent
IT kit supplied to you
£320 (before tax) start up allowance
Hybrid working (2 days in the office per week)
Other Benefits include:
- Contributory Group Stakeholder Personal pension scheme
- Life Assurance
- Employee Incentive Scheme
- 25 days holiday (plus bank holidays)
- Holiday purchase scheme
- Sports and Social Club
- 24/7 Employee Assistance Programme
- Free access to online tools to support mental and physical health
- Enhanced maternity, paternity and adoption leave
- 1 volunteer day each year and charity matched funding scheme
We believe in a workplace where everyone can be themselves. Through our different ideas, personalities and experiences, we redefine what is possible every day. And regardless of your colour, age, race, gender, sexual orientation or anything else you consider yourself to be, there is a place for you at MIB. A place where you can bring your best self to work every day.
So, if you think big, love a challenge and want to make a difference to people’s lives, we want to hear from you.
*We aim to keep this advert open until the closing date, but on occasion we may close it early if application numbers are high*
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