Internal Audit Role - General Insurance - CA

Company - General Insurance

Location - Lower Parel, Mumbai

Experience Required - 1-3 Years

Qualification - CA

Audit Responsibilities include:

1) Audit Planning:

- Responsible for planning audits / activity as per agreed plan with the Manager and preparing the audit planning documents.

- Perform Client Opening Meeting and process walkthroughs. Prepare and discuss the Risk Assessment Matrix(RAM)

- Plan audit testing strategy and estimate the time for completion of the audit.

- Review IT support needs for the audit.

2) Fieldwork:

- Ensure that the key controls as documented in the RAM are adequately tested to support the audit conclusions.

- Validate the audit conclusions with the auditee and ensure factual accuracy.

- Complete audit documentation.

3) Report Discussion and report writing:

- Good report writing skills

- Write the audit issues in report format along with management action plans.

- Discuss all findings and action plans with the Audit Manager, Process owners and management and ensure factual accuracy of the audit issues.