Senior Manager - Internal Audit

The role is with a Leading Health Insurance company.

Job Role: Internal Audit Process.

Location: Mumbai, Maharashtra.

Work days: 5 days.

Responsibilities:

- Concerned individuals 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.

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

- Compliance with the internal audit methodology.

- Using data analytics for a stratified sample.

- 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 Companys 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.

Qualification:

- Minimum 8-10 years of relevant BFSI industry experience.

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

- Primarily based out of Mumbai Head Office.

- Occasional travel as per requirement.

Required Skill:

- 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 a 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.