Internal Controls Manager

Internal Controls Manager

We are establishing a new Internal Controls Function to strengthen first-line accountability and provide independent second-line assurance over key financial, operational and regulatory controls. The Controls Business Partner will play a critical role in supporting business areas in their interaction with the outsourced Controls Testing Services provider. The role focuses on ensuring that business areas are effectively engaged in the controls testing process, that high-quality inputs are provided, and that insights from testing are translated into tangible control improvements. This role is central to embedding a strong controls culture across the organisation, acting as a key interface between the business, the Internal Controls Function, and the outsourced provider.

Key Responsibilities

• Business Engagement & Liaison

Act as the primary point of contact for assigned business areas. Support business stakeholders in understanding their responsibilities within the controls testing lifecycle. Facilitate effective communication between business areas and the outsourced testing provider.

• Support for Controls Testing and Compliance Monitoring Activities

Maintain the controls library in the risk management system, working with other colleagues in the Risk Function to ensure control records are maintained and updated, including following feedback from business stakeholders. Coordinate and secure required inputs from business areas for controls testing, including documentation, walkthroughs and evidence. Ensure timely and accurate responses to requests from the outsourced provider. Track progress of testing activities across assigned business areas and escalate delays or issues as required.

• Controls Advisory Support

Provide practical guidance to business areas on strengthening control design and operation. Translate findings and insights from testing into actionable recommendations. Support business areas in embedding sustainable remediation actions.

• Quality Assurance Support

Support the review of testing performed by the outsourced provider, focusing on completeness, accuracy and consistency. Highlight potential quality concerns and escalate to the Controls Governance Manager. Assist in thematic reviews and identification of recurring control issues.

• Stakeholder Relationship Management

Build strong, trusted relationships with key stakeholders across assigned business areas. Act as a credible second-line partner, balancing support with appropriate challenge. Promote awareness of controls best practice and regulatory expectations.

• Support for Reporting & Insights

Contribute to the development of reporting on control effectiveness, issues and remediation progress. Provide insights on themes, trends and emerging risks within assigned business areas. Support preparation of materials for governance forums where required.

• Continuous Improvement

Identify opportunities to improve controls processes, documentation and testing readiness within business areas. Support initiatives to enhance the effectiveness of the Internal Controls Function. Promote consistency in control documentation and practices across the organisation.

Person Specification

Essential Criteria Understanding of internal control frameworks, risk management and assurance practices. Experience in insurance, financial services, or a similarly regulated environment. Familiarity with regulatory expectations (e.g. PRA/FCA, Solvency II or equivalent) is advantageous. Stakeholder Management Strong interpersonal skills with the ability to engage effectively across business functions. Ability to build trusted relationships and influence stakeholders. Communication Skills Clear and concise written and verbal communication skills. Ability to translate technical controls concepts into practical business language. Attention to Detail Strong organisational skills with the ability to manage multiple priorities. High level of attention to detail in reviewing documentation and evidence. Collaboration Team player with the ability to work collaboratively across functions. Willingness to support colleagues and contribute to team objectives. Aptitude & Disposition Proactive and solution-oriented mindset. Comfortable working in a developing function with evolving processes. Committed to continuous improvement and learning. Strong sense of accountability and ownership.

The Rewards

The opportunity to connect and build long-lasting professional relationships while advancing your career with a growing, dynamic organization Attractive base compensation and discretionary performance related bonus Competitively priced medical, dental and vision insurance Company paid life, and short- and long-term disability insurance 401(k) plan with 5% company match and immediate vesting 22 days PTO (prorated for 1st calendar year of employment), 11 paid holidays per year, with the ability to flex the religious bank holidays to suit your religious beliefs Up to $700 reimbursement for home office setup Free in-office lunch, travel reimbursement for travel to office, and monthly lifestyle allowance Up to 26 weeks of fully paid parental leave Up to 2.5 days paid annually for volunteering at a charity of your choice Salary for this role will be tailored to the successful individual's location and experience. The expected compensation range for this position is to $119,000 per year plus discretionary annual bonus. You will be able to discuss your salary expectations should you be contacted about this role. Don't meet all the requirements? At Beazley we're committed to building a diverse, inclusive, and authentic workplace. If you're excited about this role but your experience doesn't perfectly align with every requirement and qualification in the job specification, we encourage you to apply anyway. You might just be the right candidate for this, or one of our other roles.