Deputy Manager/Manager/Senior Manager - Internal Audit - Health Insurance Firm

Role:  Internal Auditor

Position Title: Deputy Manager/Manager/ Senior Manager

Department: Internal Audit

Reporting To: Head - Internal Audit

Reportees: 0

Deputy Manager/ Manager Senior Manager

Key Purpose of the Job (Position Summary) :

The concerned individual will be responsible for :

- Planning and execution of internal audits in accordance with the laid down process.

- Providing support to the Head-internal audit for other internal audit-related activities including Board presentations and liaising with senior management

Key Accountabilities & Performance Areas

- Executing internal audits (process-based as well as IT) in accordance with the approved audit plan including

a) Compliance with the internal audit methodology

b) Using data analytics for a stratified sample

c) Working closely with management and recommending appropriate risk and control initiatives including best practice

- Display independence in the execution of audit and management of various stakeholders

- Ensure upkeep with applicable rules and regulations

- Ensure upkeep with Company's policies and procedures

- Using CAATs and other tools to extracts and analyze data for trends and patterns, and designs review mechanism to identify potential irregularities and increase coverage and efficiencies for audit projects

- Liaise/manage external firms deployed which provide support to the Internal Audit department

- Follow up with process owners/ stakeholders on the progress for remediation initiatives, and validate adequacy of the remediation actions

- Support the Head of Audit with reporting to Board and/or Audit Committee

- Liaise with Regional Office including group auditors on audit progress, remediation status and other audit initiative

- Provide support to additional projects and to identify and pursue on-going process improvements.

- Support continuous improvement of internal audit practices and tools.

Other skills:

- Good communication skills including ability to translate technical matters into business-related decisions for the management.

- Thorough understanding of operational and IT operations and processes

- Have good understanding of Insurance/ financial services industry

- Demonstrate strong and consistent analytical and technical skills

- Demonstrate effective problem resolution and decision making

- Strong interpersonal skills

- Ability to build consensus across diverse teams and achieve results through cross-functional engagement wherever necessary

Job Dimensions :

- Primarily based out of Mumbai Head Office. Occasional travel as per process requirement

Education and Experience Required:
 
- Minimum 4-8 years of relevant insurance / financial services experience including IT operations/ audit

- Finance, Accounting, IT Risk Management/ Governance, Business Administration

- Recognized accounting/auditing/information system certifications (e.g. CA, CISA, CIA, CISSP)

Internal and External Relationships

Internal: Across all departments

External: Group companies, external service providers