Internal Auditor
CIC Insurance
Quick Take
Lead independent audit engagements across CIC Insurance's General Insurance operations, test internal controls, supervise audit assistants, and present findings to senior management and the Board.
CPA II/CISA/CIA certification, 4+ years progressive audit experience, and strong knowledge of insurance regulatory requirements (AKI/IRA).
Competitive salary in a large, regulated financial services company with exposure to Board-level oversight, fraud investigation work, and clear supervisory responsibilities that develop management skills.
Job Description
CIC Insurance Group is seeking a detail-oriented and proactive Internal Auditor to join its Internal Audit team. Reporting directly to the Internal Audit Manager, the successful candidate will deliver independent, objective assurance and advisory services that strengthen the Group's risk management, internal control frameworks, and governance processes — with a primary focus on the General Insurance Business.
This is a high-impact role that places you at the intersection of compliance, operational excellence, and strategic oversight. You will work across branch and regional offices, engage with senior management, and contribute meaningfully to the continuous improvement of CIC's internal control environment in a highly regulated insurance landscape.
- Execute audit assignments by testing subsidiary and support functions' internal control processes to assess their adequacy and effectiveness.
- Plan, coordinate, supervise, and review the work output of Internal Audit Assistants to ensure quality and timeliness.
- Conduct field visits to branch and regional offices to perform process reviews and gather audit evidence.
- Prepare comprehensive audit work papers and quarterly audit reports in line with the approved audit work plan, and present findings to the Internal Audit Manager.
- Record and maintain accurate minutes for Board Audit and Risk Committee meetings as assigned by the Internal Audit Manager.
- Lead or participate in fraud investigations when required, documenting findings with precision and confidentiality.
- Conduct performance appraisals for Internal Audit Assistants and provide constructive developmental feedback.
- Contribute to the planning and scheduling of Internal Audit Assistants' work assignments to ensure optimal resource utilization.
- Hold a Bachelor's degree in a business-related field and demonstrate the ability to apply business principles to audit contexts.
- Possess CPA II, CISA, or CIA certification and actively apply these frameworks in audit planning and execution.
- Demonstrate at least 4 years of progressive audit experience, with the ability to independently manage audit engagements from planning through reporting.
- Apply knowledge of current IT audit tools, software, and systems audit procedures to evaluate technology-related controls effectively.
- Interpret and apply regulatory requirements from the Association of Kenya Insurers (AKI) and the Insurance Regulatory Authority (IRA) in audit work.
- Communicate audit findings clearly and persuasively — both in written reports and verbal presentations to management and board-level stakeholders.
- Maintain absolute integrity and objectivity in all audit activities, including sensitive fraud investigations.
- Adapt to dynamic work environments, including travel to branch and regional offices across Kenya.
- Candidates with at least 2 years' experience in a Big 4 audit firm or a comparable large organization will have a distinct advantage.
- An Insurance Professional Qualification is desirable and demonstrates commitment to the sector.
CIC Insurance offers a competitive remuneration package commensurate with experience and qualifications. The estimated monthly salary for this role ranges between KES 120,000 – KES 200,000, benchmarked against mid-level audit professionals in Kenya's insurance sector. The package is complemented by a comprehensive benefits structure aligned with CIC Group's staff welfare policies.
- Medical insurance cover (as part of CIC Group employee benefits)
- Performance-based bonus
- Professional development and training support
- Staff insurance products at preferential rates
This role is ideal for a mid-career audit professional who thrives in structured, compliance-driven environments and is passionate about improving organizational governance. You are someone who can balance analytical rigor with interpersonal confidence — equally comfortable reviewing working papers and presenting findings to a board committee. You are comfortable with travel and bring a proactive, solutions-oriented mindset to every engagement.
You should NOT apply if you have fewer than 4 years of relevant audit experience, lack the required professional certifications (CPA II, CISA, or CIA), or are unable to demonstrate practical knowledge of internal controls and risk management. Candidates without a business-related degree or those unwilling to travel to regional offices should also not apply.
- Prepare an updated CV and a cover letter tailored to this role, highlighting your audit experience and relevant certifications.
- Visit the CIC Insurance Group official careers page or the job platform where this listing was found.
- Submit your application through the designated application portal or email channel provided by CIC Insurance.
- Ensure your application clearly references the position title: Internal Auditor – General Insurance Business.
- Only shortlisted candidates will be contacted. If you do not hear from CIC Insurance within 4 weeks of the application deadline, consider your application unsuccessful for this cycle.
Requirements Breakdown
Must Have
- Bachelor's degree in a business-related field
- CPA II, CISA, or CIA certification
- Minimum 4 years of progressive audit experience with ability to independently manage engagements
- Knowledge of Association of Kenya Insurers (AKI) and Insurance Regulatory Authority (IRA) regulatory requirements
- Strong written and verbal communication skills for presenting to management and Board-level stakeholders
Nice to Have
- 2+ years' experience at a Big 4 audit firm or comparable large organisation
- Hands-on experience with IT audit tools, software, and systems audit procedures
- Demonstrated experience leading or participating in fraud investigations
- Travel willingness and adaptability to field audit work across Kenya
Don't meet every requirement? Tailor your CV to close the gap →
Salary Context
Competitive mid-market salary for an experienced Internal Auditor in Nairobi with supervisory responsibilities.
The KES 120,000–200,000/mo range is above entry-level for this role and reflects the seniority (4+ years experience), certification requirements (CPA II/CISA/CIA), and supervisory duties. Salary progression depends heavily on certification level, audit firm background, and regulatory knowledge in the insurance sector.
About CIC Insurance
CIC Insurance Group is a major player in Kenya's general insurance market, part of the broader CIC group with significant operations across East Africa. The company operates in a heavily regulated environment under the Insurance Regulatory Authority and is governed by robust Board-level oversight, making it an excellent setting for professionals seeking exposure to governance, compliance, and risk management at scale. Working at CIC offers exposure to institutional audit standards and the opportunity to shape internal control frameworks across a multi-branch operation.
Likely Interview Questions
- 1
Walk us through a significant audit engagement you led independently — from planning through reporting. What controls did you test, and what was your key finding?
- 2
Describe your experience with Insurance Regulatory Authority (IRA) or Association of Kenya Insurers (AKI) requirements. How have you applied these in audit planning?
- 3
Tell us about a time you discovered a control weakness or fraud indicator during field work. How did you document and escalate your findings?
- 4
How would you approach supervising and developing the Internal Audit Assistants in your team? Give an example of constructive feedback you've given.
- 5
What IT audit tools or systems audit procedures have you used to evaluate technology-related controls, and how would you apply them at CIC?
Application Tips
Prominently highlight your certification (CPA II, CISA, or CIA) and show how you've actively applied it in audit planning and execution — this is a must-have that will be checked immediately.
Quantify your supervisory experience: mention the number of audit assistants or junior staff you've managed, training you've provided, and appraisals you've conducted to demonstrate leadership readiness.
Emphasise any prior experience in insurance, regulated industries, or with regulatory bodies (IRA, Central Bank, etc.) — CIC operates in a highly regulated environment and this experience is highly valued.
Include specific examples of fraud investigations you've led or participated in, including how you maintained confidentiality and documented findings — this role explicitly requires this capability.
If you've worked at a Big 4 firm (Deloitte, KPMG, PwC, EY), lead with that in your CV; the posting explicitly notes this as a 'distinct advantage'.
Career Path
Roles that lead here
Where this leads
Skills & Keywords
Honest Assessment
Green Flags
- Clear supervisory responsibility and team leadership — this role develops management skills beyond technical audit, positioning you for senior roles in audit, risk, or compliance.
- Board Audit and Risk Committee exposure — direct exposure to governance and C-suite oversight is rare and valuable for career progression in financial services.
- Reputable, large regulated financial services employer — CIC is an established brand with credibility in the Kenyan market; audit experience here will be respected by other employers.
- Specific regulatory context (IRA, AKI compliance) — this specialised knowledge is transferable within Kenya's insurance and financial services sector and makes you more marketable.
Watch Out
- The job description ends abruptly mid-sentence ('Candidates with at least 2 years' experience in a Big 4 audit firm…') — suggests the posting may be incomplete or hastily uploaded; clarify with the recruiter what other details or benefits should be included.
- No mention of benefits (health insurance, pension, professional development/certification support) — important for auditors who need to maintain or obtain professional credentials; ask about this during interviews.
- Significant salary range (KES 120,000–200,000/mo is a 67% spread) — clarifies what determines placement within the range; ask about this upfront so you understand the progression.
A Day in the Life
A typical week includes planning an audit engagement by reviewing controls documentation and designing test procedures, conducting a branch office field visit on Tuesday-Wednesday to observe processes and gather evidence (testing 15-20 transactions, interviewing branch managers), supervising an Audit Assistant's work on a follow-up review and reviewing their work papers for quality, preparing sections of the quarterly audit report documenting your findings, and attending the weekly Internal Audit team sync with the Audit Manager to discuss progress. You might also spend a morning preparing slides for a Board Audit and Risk Committee presentation or leading a preliminary fraud investigation interview if a control exception was flagged.
Frequently Asked Questions
What qualifications do I need to be an Internal Auditor at CIC Insurance?
You must hold a Bachelor's degree in a business-related field and possess CPA II, CISA, or CIA certification. You also need at least 4 years of progressive audit experience and must understand insurance regulatory requirements from the IRA and AKI.
Is the Internal Auditor role at CIC Insurance remote?
No, this is not a remote role. You will conduct field visits to branch and regional offices across Kenya, work from the Nairobi head office, and travel regularly as part of audit engagements. The posting explicitly requires adaptability to travel.
How much does an Internal Auditor earn at CIC Insurance?
The posted salary range is KES 120,000–200,000 per month, depending on experience, certifications, and background (Big 4 experience, for example, may command a higher placement in the range).
What are the career growth opportunities for this role?
This role includes supervisory responsibilities (managing and appraising Audit Assistants), Board-level exposure, and involvement in fraud investigations — all of which prepare you for promotion to Internal Audit Manager, Audit Manager at a larger firm, or leadership roles in risk and compliance functions.
Will CIC Insurance support my professional certifications?
The posting does not explicitly mention certification support (e.g., exam fees, study time). Given the requirement for CPA II, CISA, or CIA, it's worth asking during the interview whether CIC provides professional development funding or mentoring for certifications like CIA.
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