Full-Time

IT Audit Manager

Posted on 8/20/2025

Hiscox

Hiscox

1,001-5,000 employees

Specialized insurer for high-net-worth risks.

No salary listed

York, UK

Hybrid

Hybrid role; up to 3 days per week in-office in York.

Category
Accounting (1)
Required Skills
Risk Management
Data Analysis
Requirements
  • Must be degree qualified with a professional accountancy, audit or relevant internal audit qualification, must also hold IT Audit qualifications (e.g. CISA)
  • 4+ years of Post Qualification Experience including time spent in IT Internal Audit
  • Knowledge and experience of the implementation and use of data analytics techniques throughout all parts of the audit cycle to improve efficiency and enhance existing audit approaches
  • Experience of General Insurance and/or Lloyds syndicates preferred
  • A dynamic, assertive and self-confident individual who can work independently to deliver without the need for high levels of supervision
  • Strong people and relationship building skills, notably influencing and negotiating, as well as flexible team working skills
  • Innovative problem-solving skills and the courage to apply them
  • Excellent communication skills, both oral and written
Responsibilities
  • conduct mostly Technology and Operations internal audits across the Hiscox Group in line with the plan, including leading end-to-end delivery, sometimes with co-source or alone on smaller reviews, and provide technology support to other audits
  • ensuring the successful and timely completion of reviews from initial scoping and planning through to reporting and follow up of actions
  • take on the lead role on audits, responsible for end-to-end delivery, as well as supporting other team members with their audits
  • effective stakeholder and relationship management at all levels
  • making effective and pragmatic observations to address issues and add value
  • working with and supporting other team members
  • contributing to IT Audits planning and strategy, and to its continued development
  • helping to build and maintain Internal Audit’s presence and reputation across the Group
  • Outside the plan, you may be asked to conduct specific reviews or take on special projects
  • you will be expected to take on additional responsibilities to support the Group Chief Auditor and other team members as required
  • assist with the development of the IT strategy and enhance the IT audit methodology

Hiscox is a specialized insurer that focuses on high-net-worth individuals and complex, niche risks (including fine art, kidnapping, and other unconventional coverages). It underwrites and issues insurance policies through its global operations, built on Lloyd's heritage and expanded after re-domiciling to Bermuda to operate in 13 countries. Its products work by assessing and underwriting tailored insurance contracts for specific, often hard-to-place risks, with coverage and claims handling aligned to the insured’s needs. The company differentiates itself from competitors by concentrating on specialized, hard-to-place risks rather than mass-market insurance, maintaining independence, and leveraging deep underwriting expertise and a global footprint. Its goal is to grow as a focused, independent specialist insurer that serves ambitious clients worldwide and expands its geographic reach and capabilities.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

London, United Kingdom

Founded

1901

Simplify Jobs

Simplify's Take

What believers are saying

  • Attracted $1B ILS capital in Q1 2026, growing AUM to $2.4B in catastrophe bonds.
  • Retail premiums rose 10.2% to £1.7B in Q1 2026, driven by 8% US and UK growth.
  • Acquires US insurtech Vouch and launches Cargo API on June 30, 2025 for digital underwriting.

What critics are saying

  • Softening cat reinsurance rates cut net premiums 5.6% in Q1 2026, eroding Hiscox Re margins.
  • Pen-Zurich-Hiscox partnership floods UK non-standard home capacity, slashing quirky property premiums.
  • Vouch acquisition triggers regulatory delays and integration failures within 3-6 months.

What makes Hiscox unique

  • Hiscox specializes in insuring complex risks like fine art and kidnapping since 1970s.
  • Roots in Lloyd's of London since 1901 enable underwriting non-standard marine and specialty lines.
  • Focuses on high-net-worth quirky UK homes via April 2026 Pen-Zurich partnership.

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Benefits

Flexible Work Hours

Hybrid Work Options

Company News

Yahoo Finance
Feb 25th, 2026
Hiscox posts record profit of $733M as retail segment drives growth with 7.5% customer increase

Hiscox reported record profitability for 2025, with group insurance contract written premiums rising 5.9% to $275 million year-on-year. The insurer's undiscounted combined ratio improved to 87.8%, its best in a decade, driving a record insurance service result of $614 million. Profit before tax reached a record $733 million, up 6.9%, whilst operating return on tangible equity stood at 20.9%. Investment results hit $443 million, supported by strong yields and higher assets under management. Retail premiums grew 6.3% in constant currency to over $2.6 billion, driven by 7.5% customer growth rather than pricing. The London Market returned to growth with premiums up 1.6%, maintaining its undiscounted combined ratio in the 80s for the sixth consecutive year. Management emphasised underwriting discipline and product innovation across the diversified portfolio.

Hiscox
Aug 14th, 2025
Hiscox appoints new Group Head of Technical Claims

London, UK (14 August 2025): Leading global specialist insurer, Hiscox, today announces the appointment of Matthew Budd to the newly created role of Group Head of Technical Claims.

Insurance Journal
Aug 6th, 2025
Hiscox Agrees to Acquire US Specialist Insurtech

As part of the transaction, Hiscox is acquiring Corix Insurance Services LLC and Vouch Insurance Company from Vouch Inc. subject to customary conditions and regulatory approvals.

Hiscox
Jun 30th, 2025
Hiscox launches Cargo API for small cargo and stock throughput risks

London, UK (30 June 2025): Leading global specialist insurer, Hiscox, has launched a new Cargo API (application programming interface) based solution, available through broker partners for underwriting small cargo and stock throughput risks.

Reinsurance News
Jun 16th, 2025
Hiscox appoints Harriet Hanna as COO of Lloyd's managing agent HSL

Based in London and reporting to Hiscox London Market CEO Kate Markham, Hanna succeeds Adam Rushin, who is retiring after more than 25 years of distinguished service with Hiscox.

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