Internal Auditor

4 weeks ago


bangalore, India Digit Life Insurance Full time

About Digit Insurance:


Digit’s mission is to ‘Make Insurance, Simple’. We are backed by Fairfax- one of the largest global investment firms. We have also been ranked as ' top 5 startup of 2018' and 2019 and are the fastest growing insurance company. We have also been certified as a Great Place to Work

Digit has entered the Unicorn club with a valuation of $1.9 billion and while most companies take about a decade to get here, we have achieved this in just 3 years. And we truly believe that this has happened as a result of the mission of the company i.e. to make insurance simple along with the sheer hard work & endeavors of our employees.

We are reimagining products and redesigning processes to provide simple and transparent insurance solutions, that matter to consumers. We are building a technology-driven platform that can offer customized products at reduced cost and provide a great customer service.

Now we have started a Life Insurance company as well



Roles and Responsibilities:


• Determine internal audit scope and perform internal audit procedures as per the Internal Audit Plan.

• Have a thorough understanding of the processes and systems in place for the entities being audited.

• Anticipate and identify the various risks and controls associated with the processes / systems in place.

• Interact with various levels of management and staff while performing audits.

• Identify process improvements that lead to cost savings or revenue enhancement opportunities.

• Apply audit sampling tools and techniques during assignments.

• Ensure compliance with all applicable directives and regulations.

• Preparing internal audit reports.

• Conduct follow up audits to monitor the previous audit observations.

• Ensure that all audit records / documentations and working papers are maintained in detail.

• Performs other additional assignments/special audits as required by the Senior Management.

• Engage to continuous knowledge development regarding sector’s rules, regulations, best practices, tools, techniques, and performance standards.


Requirements:

• Adequate knowledge of various processes, products, and regulatory framework applicable to life insurance sector

• Excellent analytical skills

• Proficient in MS Office (Excel, Word, Power point)

• Any graduate/Post-Graduate/master’s degree in finance or Equivalent

• Prior experience of internal audit (Preferred)



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