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Forward Group

Head - Internal Audit - Insurance

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Description

Role Overview:

This requirement is with a leading Insurance Company in India and the role will be responsible to spearhead the Audit process. This is a leadership role.

Key Responsibilities:

- To build and maintain an effective Internal Audit Framework that will assess control weakness in a manner that fulfils the goals of the Organisation.

- Ensure comprehensive, timely and accurate reporting - presentation of audit findings to all key and related stakeholders with the objective of providing reasonable assurance that the organisational risks have been managed effectively.

- To engage in specific internal audit assignments, examination and reviews as desired by the management to add value to company's operations.

- To ensure high quality of process and branch audit findings and smooth closure of process and branch audits where services from external service providers are taken on technical and specialised areas.

- To assess and make appropriate recommendations to the management on process improvement, governance and cost saving opportunities based on audit evidenced gathered and/or by placing reliance on the work of other assurance providers.

- Develop and maintain a quality assurance and improvement program that covers all aspects of internal audit activity.

- To ensure that the internal audit team possess the adequate knowledge, skills and competence required to discharge their duties effectively.

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