Senior Manager - Internal Audit

ROLE & RESPONSIBILITIES

Internal Audit and reviews

• Conduct Management reviews of various functions with minimal supervision within

agreed timelines. In conducting the Management reviews, ensure adherence to the

following:

• Draft the Risk Control Matrix for functions and test the design and operating

effectiveness of internal controls conduct data analytics checks on 100% of the

population to identify exceptions. Review the exceptional transactions

• Document the audit work, tests performed and the results in detail to enable the

reviewer to arrive at the same audit conclusions

• Draft the audit observations in sufficient detail with the root cause, impact and risk

statements.

• Discuss the findings of the review with the Process owners and arrive at the agreed

action plans for implementation.

• Effectively follow up, verify, and document the closure of the agreed action plans raised

in the Internal audit reports and in Management reviews.

• Coordinate and facilitate the outsourced Audit firms in conducting the internal audits.

KEY PERFORMANCE INDICATORS

• Thorough knowledge of data analytics using Excel, CAATs is desirable
• Performing audit assignments independently with minimum supervision
• Good written and verbal communication Skills
• Stakeholder Relationship Management
• Good analytical ability

PREFERRED CANDIDATE PROFILE

• Four to five years of experience in Internal Audit,
• Basic understanding of key insurance regulations, internal audit and Internal financial

control concepts.

• Must be capable of performing field work of audits and reviews with minimum

supervision.

• Basic understanding of ESG and knowledge of national and international ESG

standards

QUALIFICATION

Chartered Accountant

COMPETENCIES

• Good interpersonal skills

• Good written and verbal communication skills

• Good analytical skills and Knowledge of data analytical tools

• Knowledge of Auditing standards, IRDAI rules and Regulations

• Fair understanding of risk based / control-based audit approach