AVP- Internal Process Audit

4 days ago


Mumbai Maharashtra India, Maharashtra RightMatch HR Services Private Limited Full time

The role is with a leading Health Insurance company.


Position Title: AVP - Internal Process Audit

Location - Mumbai

Qualification - CA / MBA

Experience - 7+ years


Role 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.


Responsibilities

  • Executing internal audits (process-based as well as IT process) in accordance with the approved audit plan including compliance with the internal audit methodology, using data analytics for a stratified sample , 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 Company’s policies and procedures
  • Using CAATs and other tools to extract 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 initiatives
  • Provide support to additional projects and to identify and pursue ongoing process improvements
  • Support continuous improvement of internal audit practices and tools



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