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Jobs > Business and Finance > IT Internal Auditor at The African Reinsurance Corporation

IT Internal Auditor at The African Reinsurance Corporation

Oct 1, 2020, 9:06 PM

The African Reinsurance Corporation (Africa Re) is the leading African reinsurance company with headquarters in Lagos (Nigeria). Africa Re has six regional offices: Casablanca (Morocco), Abidjan (Côte d’Ivoire), Nairobi (Kenya), Lagos (Nigeria), Cairo (Egypt) and Ebene (Mauritius). The Corporation equally has two subsidiaries: African Reinsurance Corporation South Africa Ltd in Johannesburg (South Africa), Africa Retakaful in Cairo (Egypt) and one Local Office in Addis Ababa (Ethiopia).

Africa Re has a broad-based shareholding comprising 41 African member States, the African Development Bank (AfDB), 114 African insurance and reinsurance companies and three non-regional shareholders, including leading global insurers and reinsurers. The Financial Strength and Credit Rating of Africa Re is A by A.M. Best and A – by Standard & Poor’s.

Africa-Re hereby announces the vacancy for the position below at the Professional Category level in the Internal Audit Department at its Head Office in Lagos, Nigeria:



Job Title: IT Internal Auditor

Location: Head Office, Lagos, Nigeria
Grade Level: Professional Category level


  • Information Technology Internal Auditor (IT Internal Auditor) will be responsible for assessing and making appropriate recommendations to improve the organization’s IT Governance processes.
  • He/she will work with the Audit Team in managing the Internal Audit Department’s IT Projects, and setting up a quality control system for the Corporation.

Duties / Job Details
Under the supervision of the Director, the incumbent will carry out the following functions:

  • Review general and application control on the information systems of the Corporation
  • Perform reviews of IT management policies and procedures such as change management, business continuity planning/ disaster recovery, information security, system development standards, maintenance to ensure that controls surrounding these processes are adequate
  • Maintain and develop computerized audit applications and software
  • Prepare IT audit assignments, complete the fieldwork, issue the report, and assure proper audit documentation is in place
  • Assist and train other audit staff in the use of computerized audit techniques, and in developing methods for review and analysis of computerized information systems in the Corporation
  • Conduct operational, compliance, financial, and investigative audits, as assigned
  • Monitor the status of audit recommendations, appraise the adequacy of follow-up action plans
  • Identify training needs, develop training programs and materials, and conduct workshops in accordance with the internal audit standards
  • Develop, build & implement tools to analyze data to improve audit efficiency and effectiveness. Ultimately be a source for analytics that the team adopts to provide assurance on processes
  • S/He will also assist the Audit Team in managing the Internal Audit Department’s IT Projects, and setting up a quality control system
  • Prepare and present written and oral reports in a pertinent, concise, and accurate manner for various audiences (Board, Management, Auditees, etc.)
  • Consult with and advise Information and Communication Technology and other staff on various operational issues related to computerized information systems and on general business operations
  • Follow up on audit findings to ensure that corrective actions have been taken.
  • Coordinate and interact with external auditors and other external parties as may be required
  • Perform other job-related duties as determined by the Director of Internal Audit.

Academic Qualifications
Minimum Qualifications and Experience:

  • Minimum of a Bachelor's / Master's Degree in Computer Science or Finance / Accounting with a passion for IT.
  • Relevant professional qualifications in information system certifications include Certified Information Systems Auditor (CISA); being also a CIA or CPA will be desirable.
  • A minimum of seven (7) years of relevant (re)insurance experience with an IT background and IT audit experience (internal audit and/or external auditing firm)
  • Progressive achievement in one or more of the traditional IT disciplines (applications, operations, infrastructure, and management).
  • Understanding of multiple technology domains including software development, Windows, database management, networking.
  • Understanding of information security standards, best practices for securing computer systems, and some applicable laws and regulations.

Competencies and Additional Requirements

  • Proactive; hands-on; results-driven; ability to blend exceptional attention to detail with an ability to retain strategic direction.
  • Has knowledge of specialized IT audit applications, such as ACL, TeamMate.
  • Proficiency in use of Microsoft Office: Word, Excel, PowerPoint.
  • Adequate knowledge of Insurance/Reinsurance.
  • Expert knowledge of internal auditing, internal controls, risk management.
  • Comprehensive understanding of internal control environments within the IT function.
  • Experience with multiple technology domains including aspects of Windows, database administration, software development, and networking.


  • Speaks and writes clearly and effectively.
  • Outstanding interpersonal and communication skills; ability to communicate effectively with technical and non-technical audiences.
  • Demonstrates openness in sharing information and keeping people informed.
  • Ability to produce high-quality work products.
  • Fluent in one of the two working languages of the Corporation (French or English). Good knowledge of both languages will be an added advantage.
  • Listens to others, correctly interprets messages from others and responds appropriately; asks questions to clarify, and exhibits interest in having two-way communication; tailors language, tone, style and format to match audiences (technical and non-technical audiences).


  • Works collaboratively with colleagues to achieve organizational goals; solicits input and is willing to learn from others.
  • Has the ability to defend and explain difficult issues and positions.
  • Establishes and maintains effective working relationships in a multicultural, multi-ethnic environment.
  • Shows persistence when faced with difficult problems or challenges; remains calm in stressful situations.

Additional Requirements
Applicants must also be:

  • Fluent in English and working knowledge of French will be an added advantage
  • Nationals of Members state of Africa Re.

Salary & Benefits
The successful candidate shall have the following benefits:

  • Competitive Basic Salary on the Corporation’s PS Grade Level
  • Education subsidy for each child up to 26 years (maximum 4 children)
  • Medical cover for staff and recognized dependents;
  • Housing Allowance.
  • Duty post Differential (DPD) that may increase of depending on the economic situation
  • Variable pay (Annual Performance Bonus)
  • Joint contribution to the Provident Fund (7% of the basic salary paid by staff and 14% by the employer)



How to Apply
Interested and qualified candidates should:
Click here to apply

Note: Africa-Re is an equal opportunity employer and offers good working environment commensurate with international organizations


Application Deadline  24th October, 2020.

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Business and Finance 
African Reinsurance Corporation Lagos State