Principal Auditor

1 month ago

Bangalore, India Swiss Re Full time
About the Team

Group Internal Audit is an international team of Auditors. Our vision is 'Advancing Swiss Re's Resilience'. We seek to be problem solvers who lead from every seat, challenge the status quo, understand risk, and demonstrate that we are responsive to risk.

We apply innovative and risk-focused techniques that ensure that our audit effort is proportionate to risk, and we continuously extend the use of data analytics and automation within our audit processes.

About the Role

As a Principal Auditor for Group Internal Audit, you will work within an agile framework in which you will self-organize with your peers to support the Audit Directors to oversee the performance and execution all relevant audit activities related to Swiss Re's activities and business to Swiss Re's activities in the Asia Pacific region and globally, to deliver independent assurance to the Board of Directors of Swiss Re Group as well as the relevant Legal Entities in the Asia Pacific region.

Together with the audit team, you ensure strong execution and delivery of audits, contributing strong business insights and meeting internal standards and quality. Furthermore, you contribute your technical insights and expertise in GIA strategic initiatives, projects, committee and regulatory reporting when required. You also work with the Audit Managers and Directors in ensuring robust execution of the continuous and bottom-up risk assessment processes that underpin our risk based and agile auditing approach, relying on both quantitative and qualitative information for the region to ensure appropriate audit coverage through regional or global audits.

For you, this role is a unique opportunity to deal with themes that have organizational impact at the most senior level of the organization driving the risk culture of Swiss Re. You will be constantly challenged to learn new areas of Swiss Re's global business, to assess the effectiveness of the relevant processes, risk and controls and to devise workable solutions to address complex business problems.

Relevant work experience together with the ability to analyze, structure and assess difficult circumstances, to work collaboratively as well as speaking and writing in a concise manner, are key success capabilities required for this position. Your engagement combined with your talent to negotiate effective solutions will make a difference

Main Responsibilities

As the Asia Region Principal Auditor, you will work within an agile framework in which you will self-organize with your peers to deliver on GIA related activities, principally the delivery of audits, but also initiatives, projects, and committee and regulatory reporting as appropriate. You have the joint responsibility to deliver independent assurance over the related Risk and Control Framework in Asia Region.

Your main responsibilities will be:
  • Understand Swiss Re's enterprise risks, working with the audit team across Asia to drive and execute continuous and bottom-up risk assessments processes in a robust manner to identify key control issues and ensuring appropriate audit coverage.
  • Own audit task delivery within an agile audit team, playing a key role in the end-to-end audit process, including planning, scoping, fieldwork and reporting.
  • Ensure that all audit reports and outputs are delivered with robust quality, offering valuable and compelling insights to Senior Management and stakeholders.
  • Exhibit expertise in GIA methodology and how to apply across the audit.
  • Supporting the Audit Managers and Audit Director in Committees, Executive board meetings or regulatory reporting when required.
  • Work with Audit Managers to build strong stakeholder relationships, particularly with stakeholders within the first and second line of defense to identify potential red flags and emerging risks and controls issues are managed or mitigated.
  • Participate in strategic initiatives of the GIA, taking strong ownership and accountability to drive towards achievement of objectives, ensure timeliness in delivery and achievement in overall management objectives.

About You
  • University degree in Accounting, Business or Finance.
  • Professional certification in either CPA, CA, CIA or CISA preferred.
  • 5+ years of audit work experience in the Financial Services industry, particularly in insurance.
  • Proficient in written and spoken English and an Asian language, particularly in a business context.
  • Strong awareness of internal audit methodologies and current and emerging issues for the (re)insurance industry, particularly within Asia.
  • Good knowledge of (re)insurance (L&H and P&C), and its governance, risks and controls, particularly for actuarial, finance and other technical domains (costing, claims, underwriting, reserving, ESG, IFRS 17, RBC, C ROSS).
  • Deep understanding of local insurance regulations in India, with exposure of regulations in APAC desired.
  • Excellent knowledge of Microsoft Office (Excel, PowerPoint, Word, Access) and/or Data Analytics Software (e.g. Python, R, SQL, SAS).
  • Data analytics experience a plus, with track record in adopting data analytics for risk assessment, scoping and testing.
  • Critical thinker that sees the "big picture" (e.g. overall themes, trends, goals), generates innovative ideas and solutions to problems and makes recommendations in the face of complexity, conflicting pressures and ambiguous circumstances
  • Highly organized, natural self-starter, with the ability to take accountability and manage various audits and projects and work under pressure and tight timelines.
  • Result oriented, able to plan well, challenge oneself amid complexity and ambiguity, delivering results on time and target
  • Collaborator and motivated team player who is nimble and adaptable, able to work effectively in cross functional teams and independently at the same time.
  • Excellent communication skills with the ability to engage, influence and gain respect of stakeholders to drive collaboration and alignment.
  • Strong problem-solving skills and commitment to quality and timely delivery.


About Swiss Re

Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

Keywords:
Reference Code: 128662

  • Principal Senior Auditor

    1 month ago

    Bangalore, India Swiss Re Full time

    Job Title: Senior Principal Auditor | Bangalore Band: D About the Team Group Internal Audit is an international team of Auditors. Our vision is 'Advancing Swiss Re's Resilience'. We seek to be problem solvers who lead from every seat, challenge the status quo, understand risk, and demonstrate that we are responsive to risk. We apply innovative and...

  • Principal Auditor

    3 weeks ago

    bangalore, India Swiss Re Full time

    About the Role As a Principal Auditor for Group Internal Audit, you will work within an agile framework in which you will self-organize with your peers to support the Audit Directors to oversee the performance and execution all relevant audit activities related to Swiss Re's activities and business to Swiss Re's activities in the Asia Pacific...

  • Principal Senior Auditor

    3 weeks ago

    bangalore, India Swiss Re Full time

    About the Role As a Senior Principal Auditor for Group Internal Audit, you will work within an agile framework in which you will self-organize with your peers to support the Audit Directors to oversee the performance and execution all relevant audit activities related to Swiss Re's activities and business to Swiss Re's activities in the Asia...

  • Auditor - CDO

    3 weeks ago

    bangalore, India F335 Deutsche India Private Limited, Bangalore Branch Full time

    Description The Group Audit (GA) function is a professional, business focused, proactive risk-based global audit team that operates with transparency, integrity and independence, and assists the Bank’s business and infrastructure areas to identify key control weaknesses. Focused on identifying potential risk exposure, the function offers vital...

  • Statutory Auditor

    4 days ago

    bangalore, India CA Monk Full time

    JobTitleSENIORMANAGERSBUAudit& Assurance ServicesDivisionAuditProfessionalQualificationChartered Accountant with membershipnumber allotted by ICAIAdditional qualifications such as DISA /CISA / Diploma in IFRS / IFRS or CISA certification course will beanadvantageCompetenciesAtthe accomplished level you:Over 7 years of post qualification auditwork experience...

  • Assistant Manager Internal Audit

    2 weeks ago

    Bangalore Urban, India Lodha & Bhatt Full time

    Company Description Lodha & Bhatt is a leading Chartered Accountancy firm headquartered in Bangalore. We provide high-quality audit, assurance, tax, and other advisory services. Our risk-based approach emphasizes value-adding by enhancing quality, productivity, and innovation. Each client is assigned an individual partner or principal who handles their...

  • Financial Accountant

    5 days ago

    bangalore, India NetApp Full time

    Title: Financial Accountant Location: Bangalore, Karnataka, IN, 560071 Requisition ID: 125811 Job Summary The general ledger accountant position is accountable to manage period close activity, perform cost allocation and reporting, calculate monthly accrual and provisioning, prepare and validate amortization schedules. Principal Accountabilities...

  • Senior Executive

    1 month ago

    Bangalore, India Navi Full time

    Senior Executive - Borrowing OpsAbout NaviNavi is one of the fastest-growing financial services companies in India providing Personal & Home Loans, UPI, Insurance, Mutual Funds, and Gold. Navi's mission is to deliver digital-first financial products that are simple, accessible, and affordable. Drawing on our in-house AI/ML capabilities, technology, and...

  • Principal - Cyber Risk and Assurance - Infra/Network

    2 weeks ago

    bangalore, India 14260 GSK India Global Services Private Limited Full time

    Our Cyber Security organisation enables GSK to take on some of the biggest healthcare challenges in the world by protecting our business, customers, and patients from cyber risks. We are investing in growing our Cyber Security teams because they play a pivotal role as the nature and types of threats get more sophisticated. In this ever-evolving digital...

  • Data Movement

    3 weeks ago

    bangalore, India HSBC Full time

    The Opportunity: The Data Movement Analyst is responsible forfacilitating the rollout and ongoing maintenance of DMOV control compliance across HSBC. This role will work closely with the Data Movement Lead to ensure appropriate documentation of flow of HSBC’s data and integrity is maintained. What you’ll do: Principal...

  • Trusted Sources and Flow Analyst GSC’s

    3 weeks ago

    bangalore, India HSBC Full time

    The Opportunity: The Trusted Sources and Flow Analyst is responsible for facilitating implementation of Trusted Sources Framework and Data Flow in the US Data and Architecture Office (DAO). This role will work closely with the Trusted Sources and Flow Lead to ensure appropriate documentation of data flows as well as consistent implementation of...

  • Data Movement

    3 weeks ago

    bangalore, India HSBC Full time

    The Opportunity: The Data Movement Analyst is responsible for facilitating the rollout and ongoing maintenance of DMOV control compliance across HSBC. This role will work closely with the Data Movement Lead to ensure appropriate documentation of flow of HSBC’s data and integrity is maintained. What you’ll do: Principal...

  • Data Movement

    1 week ago

    bangalore, India HSBC Full time

    Business: Data & Analytics Office Open positions: 1 Role Title: Data Movement & Integrity – Associate Lead GSC’s Global Career Band: 4 Location : India/Bangalore Recruiter Name : Kavya Krishna The Opportunity: The Data Movement Analyst is responsible for facilitating the rollout and ongoing maintenance of DMOV...