Mgr/Sr Mgr - Fraud Investigator - Insurance

Position Description

Position Title - Fraud Investigator

Workstream/Business Unit/Department - Internal Audit

Location - Mumbai

Reporting To - SVP - Internal Audit & CRO

Position Purpose

- To lead fraud investigation unit.

Key Responsibilities

- To investigate into fraud alerts reported in head office as well as branches.

- To do extensive data analysis.

- To set up fraud indicators.

- To educate various functional team members on proactive measures to be taken to contain frauds.

- To prepare monthly MIS on frauds reported & investigations done.

- To monitor execution of corrective and preventive action out of investigation report.

- To update fraud risk management framework on annual basis.

- To take proactive measures to set up controls through IT system.

- To conduct anti fraud control testing defined in fraud risk management framework.

Qualifications and Experience Requirements

Essential - Chartered Accountant / Graduate with Insurance as major subject.

Preferred - Degree from III.

Experience

Essential - Hands on 4 - 12 years work experience in insurance fraud investigation.

Preferred - Work experience in general insurance company.

Charanpreet