Head - Internal Audit & Risk - General Insurance

Our client is a leading General Insurance company based in Chennai, looking to hire Head of Internal Audit function to conceptualize, develop and implement the organization's internal audit and risk mitigation function.

Responsibilities:

- Develop and implement risk management framework and score card which includes enterprise risk, fraud prevention and case management

- Develop, implement and maintain disaster recovery plans

- Develop fraud prevention strategies, policies and procedures to detect and reduce the occurrence of fraud

- Develop and implement enterprise risk management framework to identify, measure and manage operational and financial risks

- Automate internal audit process

- Develop and oversee internal audit process to ensure regular audit of critical business processes and ensure identification of major process gaps and revenue leakage in various operational processes

Desired Profile:

- Chartered Accountant / Qualified member of the Institute of Company secretaries of India

- 12- 15 years relevant experience preferably in financial services with reputed corporate background out of which 8-10 years as independent in-charge of Internal Audit / Risk function

- Must have extensive experience interacting with board and CXO's

- Experience of compliance monitoring within a regulated environment

- Insurance sector regulatory knowledge and experience would be an added advantage