Internal Audit

HITACHI VANTARA INDIA PRIVATE LIMITED; Chennai District; On-site; INR 400,000 - 600,000; Full time

Job summary

Hitachi Vantara India Private Limited invites fresh CA graduates (Class of 2026) with 0–1 year of experience to join internal audit across General Insurance finance processes. The role focuses on evaluating controls, risk management, and regulatory adherence, with emphasis on IRDAI guidelines, Ind AS, and corporate governance.

You will conduct risk-based audits, review tax and financial reporting, and prepare clear, impactful reports for stakeholders, ensuring timely closure of audit

Qualifications

• 0-1 years of experience; CA 2026 qualified freshers preferred.
• Strong analytical and documentation skills for audit work.
• Ability to prepare clear internal audit reports with actionable recommendations.

Responsibilities

• Conduct risk-based internal audits across General Insurance finance processes.
• Assess controls, SOPs, and regulatory compliance per IRDAI, Ind AS and Companies Act.
• Prepare audit reports, track issues and verify closure with management.

Skills

Analytical skills

Stakeholder management

Financial reporting

Audit documentation

Regulatory knowledge

Education

CA qualification

Tools

Excel

Job description

Job Title

Internal Audit

Location

Chennai – Head Office

Job Purpose

To provide independent and objective assurance over the financial, regulatory, and operational processes of the General Insurance business. The role focuses on evaluating the adequacy and effectiveness of internal controls, risk management, and governance processes, ensuring compliance with IRDAI regulations, accurate financial reporting, and robust controls across underwriting, reinsurance, and claims operations.

Experience

(0-1 years), CA 2026 qualified freshers preferred

Key Responsibilities

• Conduct risk-based internal audits covering end-to-end financial accounting processes for General Insurance operations, including premium, claims, reinsurance, coinsurance, and commission accounting. Assess the effectiveness of risk management frameworks, SOPs, and delegation of authority matrices. Review and assess the design and operating effectiveness of controls over monthly, quarterly, and annual financial closures in line with IRDAI guidelines, Ind AS, and the Companies Act. Verify the accuracy, completeness, and regulatory compliance of financial statements, management reports, and MIS. Evaluate the methodology, assumptions, and controls relating to technical reserves, including IBNR, UPR, and outstanding claims provisions. Review controls and compliance relating to direct and indirect tax matters applicable to General Insurance operations and flag associated risks.
• Regulatory & Compliance Audit – Assess adherence to IRDAI regulations, circulars, guidelines, and internal policies through periodic audits and thematic reviews. Identify regulatory gaps, potential non-compliances, and emerging risks; recommend corrective and preventive actions.
• Reporting & Stakeholder Management – Prepare clear, concise, and impactful internal audit reports highlighting key observations, risk ratings, root causes, and actionable recommendations. Track audit issues, management action plans, and ensure timely closure of audit observations.

Key Skills & Competencies

Strong analytical, documentation, and report-writing skills with high attention to detail. Effective stakeholder management, professional judgment, and communication skills. Advanced proficiency in Excel and financial / audit reporting tools. Ability to work independently and manage multiple audits under tight timelines. Demonstrated leadership, integrity, and ability to collaborate across functions.