Opportunity for Internal Audit - Process & IT - Health Insurance Co-Mumbai.

Job Role-

Traveling

Job Overview

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.

Responsibility-

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

o   Compliance with the internal audit methodology

o   Using data analytics for a stratified sample

o   Working closely with management and recommending appropriate risk and control initiatives including best practice

• Display independence in 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.