OUTsurance is excited to announce the opening of its Internal Audit Internship program for 2024/2025. This 12-month internship, based in Centurion, South Africa, offers a unique opportunity for recent graduates to gain invaluable experience in a leading insurance company. As interns, candidates will undertake diverse audit tasks, including governance, financial, and operational audits, while working closely with experienced auditors.
This role is designed to provide hands-on experience in line with IIA Standards and foster professional growth in a dynamic and supportive environment. Applicants who are passionate about internal auditing and eager to develop their skills in a vibrant and innovative company are invited to apply for this enriching career opportunity.
Internal Audit Internship
- Duration: 12-month fixed-term internship agreement (not a permanent employment contract)
- Compensation: Stipend provided
- Location: Centurion, South Africa
- Role: Intern
- FAIS Classification: Non-Financial Advice Giving Role
Company Overview
OUTsurance has been a pioneer in the South African insurance sector for over 26 years. Renowned for our commitment to innovation and human values, we continually seek talented individuals who can drive our success. Our vibrant work environment and high standards make us an ideal place for career growth.
Role Purpose
The Internal Audit Internship is designed to provide practical experience in governance, financial, and operational audits across various business functions within OUTsurance. This role offers the opportunity to work in a leading insurance company while adhering to the IIA Standards.
Key Responsibilities
- Preliminary Surveys: Gain an understanding of the audit area, including risk analysis, audit program design, and process documentation.
- Audit Fieldwork: Execute audit fieldwork according to the audit program.
- Working Papers: Prepare and maintain high-quality planning, fieldwork, and reporting materials.
- Liaison: Communicate effectively with Audit Management, the team, and departmental clients to ensure timely completion of reviews.
- Debriefs: Present audit results to department managers, ensuring clarity on audit recommendations and scope.
- Report Drafting: Create audit reports detailing control weaknesses, risks, and recommendations, including management’s feedback.
Skills Development
- Communication: Enhance written and verbal communication skills.
- Technical Expertise: Gain professional and technical knowledge in internal auditing.
- Analytical Skills: Develop problem-solving and analytical abilities.
- Report Writing: Improve report writing skills.
- Planning & Organization: Learn effective planning and organizational techniques.
- Insurance Industry Insight: Understand the dynamics of the insurance industry.
- Audit Processes: Gain hands-on experience with internal audit processes and IIA Standards.
Intern Expectations
- Responsibility & Initiative: Take ownership of tasks and demonstrate initiative.
- Professionalism: Adhere to the company’s and profession’s values and principles.
- Learning: Show eagerness to learn from audit staff and complete assigned tasks.
- Detail Orientation: Maintain a focus on quality and detail.
- Enthusiasm: Exhibit passion for the role and the company.
- Teamwork: Collaborate effectively with team members.
- Adaptability: Adjust to various situations and requirements.
Qualifications
- Education: 3/4 year degree or diploma in Internal Audit, or Internal Audit Honors.
- INSETA Requirements:
- South African citizen
- No prior internship/learnership with INSETA
- Aged between 18 and 35
- Unemployed in the last 2 months
How to apply
- Document Preparation:
- Ensure your CV is current and highlights relevant experience.
- Write a cover letter explaining your interest in the internship and key skills.
- Gather any necessary academic transcripts or certificates.
- Submit Your Application:
- Choose the Internal Audit Internship position for 2024/2025.
- Follow the prompts to upload your documents and complete the application form.
Tip: Free CV Templates that Pass the Applicant Tracking System
Additional Information: Ideal candidates should align with OUTsurance’s values: Awesome Service, Passionate, Honest, Human, Dynamic, and Recognition.
The OUTsurance Internal Audit Internship for 2024/2025 presents a remarkable opportunity for aspiring professionals to immerse themselves in the field of internal auditing within a leading insurance company. With a focus on practical experience, professional development, and adherence to industry standards, this internship is an ideal platform for recent graduates to build their careers.
Candidates who are enthusiastic, detail-oriented, and eager to learn will find this role both challenging and rewarding. OUTsurance looks forward to welcoming talented individuals who are ready to contribute to and grow within a dynamic and forward-thinking team.