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Convex Insurance

Returner: Operational Audit, Group Internal Audit

City of London
Posted 19 days ago
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Returner: Operational Audit, Group Internal Audit

Application Deadline: 30 October 2026
Department: Audit
Employment Type: Fixed Term - Full Time
Location: London, UK

Description

The Convex Internal Audit team provides independent, objective assurance and insight designed to protect organisational value, strengthen risk management and governance frameworks, and evaluate the internal control environment as Convex continues to scale. While we operate as an independent function, we view audit as a collaborative journey rather than a box-ticking exercise. We work side-by-side with teams across the organisation to help Convex reach its ambitious commercial goals, all while keeping a steady focus on robust internal controls and high-quality risk assurance. Using data-driven insights and a flexible, risk-based approach, we help protect the business and drive operational excellence every day.

Our success relies on genuine partnership, trust, and shared values. Within the department, we champion an open, supportive culture where clear communication, integrity, and continuous professional development take priority.

We believe the best audit outcomes come from empowering our people, which is why we invest heavily in regular training, dedicated career conversations, and overall well-being. It is all about combining sharp control and objective assurance with a warm, high-engagement mindset that adds real value to the organisation.

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As a Returner in Operational Audit, you will play a crucial role in evaluating and enhancing the effectiveness of Convex’s operational controls, risk management systems, and corporate governance. Rather than managing teams, this role allows you to focus purely on high-quality delivery, stakeholder engagement, and strategic risk evaluation, making it an ideal platform to refresh your core audit skills.

Key Responsibilities

  • Audit scoping & planning: collaborate with business stakeholders to map operational workflows, identify key risk areas, and prepare formal Audit Planning Documents (APDs) and Terms of Reference (ToR).
  • Control evaluation & walkthroughs: perform process walkthroughs and design comprehensive Risk and Control Matrices (RCMs) for operational audits.
  • Audit execution: conduct robust audit testing to evaluate control effectiveness, identifying control gaps, operational inefficiencies, and regulatory alignment opportunities in conformance with Global Internal Audit Standards (GIAS).
  • Reporting & advisory: draft clear, high-quality audit observations and formulate pragmatic, commercially grounded recommendations for management.
  • Remediation & action tracking: partner with business leaders to monitor the implementation of agreed management actions, supporting continuous control improvement across the Group.

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Skills, Knowledge, and Expertise

  • You hold a professional qualification (such as ACA, ACCA, CIA, or equivalent) with a background in financial services, insurance, or general corporate audit.
  • You are returning from a career break of at 2 years or more and are looking for a collaborative, supportive environment to rebuild your professional momentum.
  • You have an analytical approach to problem-solving, like to ask thoughtful questions, and enjoy getting hands-on with operational processes.
  • Excellent communication skills with the ability to build trust-based relationships across a diverse range of business stakeholders.
  • Pragmatic, flexible, and open to learning new ways of doing things as our business continues to grow.

Benefits

  • Competitive Salary
  • 30 days Annual Leave
  • Birthday Leave
  • 10% Employer Pension Contribution
  • Private Health Insurance Medical Cover
  • Group Income Protection
  • Life Assurance Cover
  • Enhanced Parental Leave
  • Annual Health Check
  • 3 days of Volunteer Leave each year
  • £1,300 to spend on learning & wellbeing
  • Give as You Earn
  • Cycle to Work
  • Season Ticket Loan
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Location

52-54 Lime Street, 52-54 Lime St, London EC3M 7AF, UK

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