Assistant Manager/Deputy Manager - Internal Auditor - Actuarial/IT

Job Description:

Reports to: Manager IA Mumbai for day to day management

Key departments / areas of responsibility : IA-Group wide Internal Audit function

Overall Job Purpose:

- To carry out Internal Audit engagements for PPMS Mumbai and other parts of the group in support capacity under the supervision and guidance of BU Lead auditors/ Audit Managers within GwIA.

Key Account-abilities and Responsibilities :

- To work under the direct supervision and guidance of the Director IA and Manager IA to generally achieve the following mainly for PPMS and for GWIA function:

- Internal audit: Deliver IA reviews of consistently high quality.

Planning:

- The Auditor should be able to understand the business background of the area being audited; and their role in the audit assignment.

- It may be necessary from time to time, for the Auditor to assist the Lead Auditor and Audit Manager in conducting the planning phase of the audit.

- Document the key processes and associated controls being examined in the audit. This will involve the use of flowcharts where necessary.

Fieldwork:

- The Auditor should assist the Lead Auditor in completing a control and risk assessment matrix following their documentation of the systems and processes being reviewed and preparation of a test programme.

- The Auditor should test that the controls identified in the risk assessment exercise are operating effectively in accordance with the test programme.

- Address any review points raised by the Lead Auditor/ Manager and QA team.

Reporting:

- Support the lead auditor in drafting audit conclusions based on control and risk evaluation and associated testing. Practical recommendations for any remedial action should be made.

- Populate Teammate with planning, fieldwork and reporting material

- Assist the Lead Auditor and Audit Manager in discussing and finalizing the findings and actions with the management responsible for the activities being audited.

Issue Assurance:

- Document Issue Assurance workpapers on Team Central

- Promote GwIA and the service it provides by building strong and effective working relationships with business colleague, other IA staff and external auditors.

- Adhere to the various policies, procedures, guidelines, including timely completion of various activities such as mandatory CBTs, time sheets, expense statements, leave requests, etc.

- Work with minimum supervision

- Maintain domain expertise

- This job will involve significant travel outside India.

Qualification & Certifications:

- Chartered Accountancy/CPA/CIMA/MBA/CFA/Post graduate qualification

- Certifications such as CISA, FRM, CIA would be beneficial

- At least 2+ years of work experience

- Good knowledge of COSO framework

Technical Actuarial Qualifications and knowledge (for actuarial auditors only):

- At least 2+ years of relevant actuarial work experience based on Life, General, Pensions or Health

- Should have cleared 5 to 9 Actuarial papers

- Should have worked on a variety of actuarial processes during his/her tenure (for eg. Pricing, valuation, product support, etc.)

- Good understanding and knowledge of Actuarial modelling techniques

- Good understanding and knowledge of actuarial tools, techniques and procedures (including control frameworks for actuarial processes)

- Ability to interpret simple and complex actuarial formulae

- Awareness of reporting and regulatory requirements relevant to Prudential Group (Atleast one of Solvency 2, Embedded Value, Statutory and Realistic Reporting)

IT qualifications and knowledge (for IT auditors only):

- MCA / B.E. / B. Tech. / MBA or other professional IT qualification

- At least 2+ years post qualification experience in IT Audits/IT Security

- Additional professional certification such as CISA, DISA, etc. is beneficial

- Good knowledge of COBIT framework

- Technical qualifications and Certifications (for Risk auditors only)

- Chartered Accountancy/CPA/CIMA/MBA/CFA/Post graduate qualification

- Certifications such as CISA, FRM, CIA would be beneficial

- At least 2+ years of work experience

Job location: Powai