The role is with a leading Health Insurance.
Job Role - Internal Audit - Process
Location - Mumbai
Work days - 5 days
Experience - Minimum 6 years of relevant BFSI industry experience.
Travelling - Primarily based out of Mumbai Head Office. Occasional travel as per requirement.
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.
- Display independence in execution of audit and management of various stakeholders.
- Ensure upkeep with applicable rules and regulations.
- Ensure upkeep with Company's 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.
Required Skills
- Good communication skills including ability to translate technical matters into business-related decisions for the management.
- Have 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.
