Head - Internal Audit - Insurance

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.