Audit Officer at FBS Reinsurance Limited (FBS Re)

Job Summary

• The Audit Officer supports the Internal Audit function in conducting risk-based audit engagements across the Company. The role contributes to the evaluation of governance, internal controls, risk management processes, and regulatory compliance in line with IIA Standards and reinsurance industry practices.

Roles and Responsibilities

• Assist in executing audit engagements in line with the approved annual audit plan.
• Perform control testing, data analysis, and process reviews across underwriting, claims, finance, investments, and risk management.
• Obtain, analyze, and evaluate financial and operational information, reports, contracts, and policies.
• Prepare and maintain complete audit working papers in line with IIA Standards.
• Assist in drafting audit observations and recommendations.
• Identify control weaknesses and escalate emerging risks as appropriate.
• Participate in follow-up audits to confirm implementation of corrective actions.
• Maintain professionalism and confidentiality in all audit engagements.
• Perform any other audit-related duties assigned by the Head of Internal Audit.

Education and Experience

• BSC or HND in Accounting, Finance, Economics, Business Administration, or related field.
• Studying toward CIA/ACA/ACCA qualification is an advantage.
• 2-3 years experience in audit, risk, or finance is desirable

Required Capabilities

• Basic understanding of internal control concepts and audit standards.
• Strong analytical and documentation skills.
• High attention to detail.
• Good communication and teamwork skills.
• Professional integrity and willingness to learn.
• Awareness of regulatory and risk considerations in insurance/reinsurance.