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Head of Internal Audit - flexible working available

Apollo Underwriting
London / Hybrid working
Dependent upon skill set and experience.
Closing date
26 Apr 2024

Job Details

Your Role:

To lead the internal audit function of Apollo (SMF 5) in providing independent, objective assurance designed to add value and improve operations by delivering an objective evaluation of the control environment and systems of governance with the context of Apollo’s 3 lines of defence.

What you’ll do:

  • Develop and oversee the development of an appropriate risk based 3-year internal audit plan in line with the guidance in FCA Handbook SYSC 6.2.1.
  • Work with the co-source provider to ensure that an appropriate methodology and quality assurance processes as expected of a regulated internal audit function within a 3 line of defence (3LOD) business.
  • Provide internal customers and stakeholders with assessments of governance, risk and internal control frameworks.
  • Agree clear scope/terms of reference and a work plan for internal audit projects with management that address key risks and controls to be reviewed.
  • Ensure that audits are completed in a timely and efficient manner in accordance with standards established by industry best practices and the relevant risk and regulatory environment.
  • Communicate root causes of identified issues, associated risks, including recommendations for improvements in business processes, on the current and future business model and operating environment and ensure that action plans are properly implemented by management.
  • Ensure that internal audit team members (including co source partner) have a full and complete understanding of the nature and scope of the risks involved in the business by providing the necessary guidance, support and manage their performance throughout each audit. Support project team members so that they deliver consistent, high-quality performance.
  • Build trust and credibility with stakeholders to identify potential red flags/ insights to emerging risk and controls and where appropriate, challenge their views.
  • Participates in major business initiatives and pro-actively advises and assists the business on change initiatives. Undertake complex or sensitive audit work within projects.

What we are looking for:

  • Financial Services experience working within a 3 line of defence internal audit function, ideally within an accounting firm context.
  • Experience in a Financial Services regulatory environment, including PRA/FCA
  • Analytical mindset and attention to detail, coupled with the ability to think strategically and provide recommendations for remediation which are commercial and innovative.
  • Excellent communication and interpersonal skills, with the ability to build effective relationships at all levels of the organisation.

What you will get in return:

As well as your salary, this role offers a discretionary bonus plus a broad range of benefits, including Non-Contributory Pension, Private Medical & Travel Insurance.

Flexible working is fully embraced at Apollo. We understand that no one colleague is the same and that each of us has our own responsibilities and roles outside of our working life, meaning we actively support and empower employees to manage this within our flexible working guidelines. Please view our guidelines in the PDF attached to our employer profile. 



Apollo are a Lloyd’s Syndicate based in the heart of the City of London – within sight of the Lloyd’s Building itself.

We are a group of committed and passionate high-achievers who truly love where we work (and we know this because we asked everyone for their thoughts). Since formation in 2009 Apollo’s grown from an original team of 5, writing 2 classes, to a team of more than 250 covering over 20 classes.

We believe we offer a genuinely different approach and one we’re fiercely proud and protective of. Our people are handpicked for their experience, their results and their character in the market. Everyone working with us is genuinely excited to join us. 

Find out more about working at Apollo Underwriting.

Company info
One Bishopsgate

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