Head - Internal Audit - Life Insurance

7 days ago


Mumbai, India Michael Page Full time

Lead the Internal Audit functionWork with one of the leading life insurersAbout Our ClientThe company is a well-established, large organization in the life insurance industry, offering a wide range of financial products and services. It is known for its structured approach to governance and its focus on maintaining compliance and operational excellence.Job DescriptionDevelop and implement a comprehensive internal audit strategy aligned with organizational goals and regulatory requirements.Lead risk-based audits to evaluate operational, financial, and compliance-related processes.Provide recommendations for process improvements and risk mitigation strategies.Ensure adherence to industry standards and regulatory guidelines specific to life insurance.Collaborate with senior management to identify key risk areas and provide actionable insights.Oversee the preparation of detailed audit reports and present findings to the leadership team.Maintain effective communication with external auditors and regulatory bodies.Mentor and manage a team of auditors, fostering a culture of learning and excellence.The Successful ApplicantA successful Head - Internal Audit should have:A professional qualification in accounting or auditing (, CA, CIA, or equivalent).Strong expertise in internal audit processes and risk management in the insurance industry, particularly life insurance.Thorough knowledge of regulatory requirements and industry best practices.Proven ability to lead and manage a team effectively.Exceptional analytical and problem-solving skills.


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