Head - Internal Audit - BFSI - CA

Job Description - The Head - Internal Audit will oversee and manage the internal audit function within the life insurance industry, ensuring compliance and promoting effective governance. This role, based in Mumbai, requires expertise in accounting and finance to uphold the highest standards of operational efficiency and accountability.

Client Details:

The hiring organisation is a well-established, large organisation within the life insurance industry, known for its strong presence and commitment to excellence. It operates with a focus on delivering comprehensive insurance solutions to its customers.

Description

- Develop and implement a robust internal audit strategy aligned with organisational goals.

- Conduct thorough audits to ensure compliance with regulatory and internal policies in the life insurance sector.

- Identify operational risks and recommend improvements to enhance efficiency and control.

- Prepare detailed audit reports and present findings to senior management in Mumbai.

- Monitor the implementation of audit recommendations and assess their effectiveness.

- Collaborate with cross-functional teams to ensure comprehensive risk management strategies.

- Keep abreast of the latest developments in the insurance industry and update audit processes accordingly.

- Manage and mentor a team of audit professionals to achieve departmental objectives.

- Strong expertise in internal audit processes and risk management in the insurance industry, particularly life insurance.

- Thorough knowledge of regulatory requirements and industry best practices.

- Proven ability to lead and manage a team effectively.

- Exceptional analytical and problem-solving skills.

- Collaborative and inclusive work culture in a central Mumbai location.