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.