Advance your career with BetaJob Certificates
Create account, take courses and earn verifiable certificates. Download and add certifications to your profile for better chance of getting hired.
International Energy Insurance (IEI) Plc commenced business as Nigeria’s first Energy-focused Insurance Company, experts in first class underwriting solutions for offshore and onshore risks, as well as general insurance business. The Company’s security is backed by a consortium of local and foreign re-insurers led by African Reinsurance Corporation. We are licensed and regulated by the National Insurance Commission (NAICOM). We are recruiting to fill the position below:
Job Title: Head, Internal Audit
Location: Abuja (FCT)
Employment Type: Full-time Duties and Responsibilities
Develop andmaintaina comprehensive internal audit charter aligned with industry best practices and regulatory requirements. Conduct risk assessments to identify key areas of risk within the company's operations, financial reporting, and compliance. Develop and execute a risk-based internal audit plan to address identified risks and ensure comprehensive coverage of all critical areas. Lead and manage a team of internal auditors, providing coaching, mentorship, and ensuring theypossessthe necessary skills and knowledge to perform effective audits. Investigate incidents of fraud, malpractice, or control breaches and recommend corrective/preventive actions. Liaise with External Auditors, NAICOM examiners, and other regulators during inspections and statutory audits. Conduct internal auditsin accordance withprofessional auditing standards and best practices. Evaluate the effectiveness of internal controls and risk managementpractices andidentifyareas for improvement. Prepare comprehensive audit reports documenting findings, recommendations, and action plans for the Board Audit Committee and regulatory returns as required by NAICOM. Monitor and track the implementation of corrective actionsidentifiedin audit reports. Maintain strong relationships with key stakeholders across the organization, including senior management, the Audit Committee, and the Board of Directors. Evaluate compliance with NAICOM guidelines, the Insurance Act, the NAICOM Corporate Governance Code, anti-money laundering (AML/CFT) requirements, and other applicable regulations. Stayup to datewith relevant accounting standards, industry regulations, and best practices in internal auditing. Provide input on the design of new products, processes, and systems to ensure adequate controls are embedded from inception.
Educational Qualifications and Training
Bachelor’s Degree in Insurance, Actuarial Science, Finance, Accounting, Economics, or related field. Master’s degree (MBA/MSc in Insurance, Risk Management, or Finance) is an added advantage. Professional certifications such as ACA, ACCA or CIA is required Additional certification in risk management (e.g., CRMA) or insurance (e.g., ACII, CIIN) is an advantage Minimum of 10–12 years' post-qualification experience, with at least 5 years in internal audit/risk management within the insurance or broader financial services industry, and demonstrable experience at senior management level. Must meet NAICOM's fit-and-proper person criteria for Principal Officers, including minimum cognate experience and seniority requirements.
Strong risk-based audit planning and execution capability Sound knowledge of non-life insurance operations (underwriting, claims, reinsurance) Excellent analytical, report-writing, and presentation skills High ethical standards, independence, and objectivity Strong stakeholder management skills — Board, Management, Regulators, External Auditors Proficiency in audit software/data analytics tools and Microsoft Office Suite Leadership and team management skills.
16th November, 2026. How to Apply
Interested and qualified candidates should send their Applications to: [Email hidden - Login to reveal] using the Job Title as the subject of the email.
Note: Only shortlisted candidates are contacted.
Monthly based
Abuja
Abuja
Create account, take courses and earn verifiable certificates. Download and add certifications to your profile for better chance of getting hired.