Internal Audit Manager

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.