Internal Auditor

Anb Global; Mumbai Suburban; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Anb Global is seeking a seasoned Internal Auditor to lead underwriting-focused audits in Mumbai. You will develop comprehensive audit plans, evaluate underwriting processes, and ensure regulatory compliance.

Your role includes data-driven risk assessment, reporting, and collaboration with cross-functional teams to strengthen controls. Ideal candidates hold a related bachelor's degree with 3–5 years in insurance or financial services internal audit, and certifications like CIA/CPA/CISA are

Qualifications

• Bachelor's degree in Accounting, Finance, Insurance, Business Administration, or related field.
• Professional certifications preferred (e.g., CIA, CPA, CISA, or relevant insurance certifications).
• Minimum 3-5 years experience in internal audit, preferably within insurance underwriting or related financial services.
• Strong understanding of underwriting principles, insurance products, and regulatory environment.
• Proficient in audit software and MS Office applications, especially Excel and data analytics tools.
• Excellent analytical, problem-solving, and communication skills.
• Detail-oriented with a strong ethical foundation.

Responsibilities

• Develop and execute audit plans for underwriting processes.
• Review underwriting workflows, decision protocols, and documentation.
• Ensure compliance with policies, regulations, and standards.
• Evaluate underwriting risks including pricing accuracy and fraud detection.
• Analyze underwriting data to spot anomalies and trends.
• Prepare audit reports with findings and recommendations.
• Follow-up on management responses to audit recommendations.
• Collaborate with underwriting, claims, risk, compliance, and IT teams.
• Suggest improvements to internal controls and policies.

Skills

Underwriting risk mgmt

Analytical thinking

Communication

Independent work

Team collaboration

Education

Bachelor's in accounting/finance/insurance

CIA/CPA/CISA certifications

Tools

Audit software

Excel

Data analytics tools

Job description

Key Responsibilities:

• Audit Planning & Execution: Develop and execute audit plans specifically focused on underwriting processes, including risk assessment, policy adherence, and operational controls.
• Process Evaluation: Review underwriting workflows, decision-making protocols, documentation, and system usage to identify gaps, inefficiencies, and control weaknesses.
• Compliance Checks: Ensure underwriting activities comply with internal policies, regulatory requirements, and industry standards.
• Risk Assessment: Evaluate risks related to underwriting exposures, pricing accuracy, fraud detection, and claim liabilities.
• Data Analysis: Analyze underwriting data, reports, and financial metrics to detect anomalies, trends, and areas of potential risk.
• Reporting: Prepare clear, concise audit reports highlighting findings, risks, and recommendations for process improvements.
• Follow-up: Monitor management responses and implementation of audit recommendations related to underwriting.
• Stakeholder Collaboration: Liaise with underwriting, claims, risk management, compliance, and IT teams to facilitate audits and improve processes.
• Continuous Improvement: Suggest enhancements to internal controls, risk frameworks, and underwriting policies to strengthen operational integrity.

Qualifications:

• Bachelors degree in Accounting, Finance, Insurance, Business Administration, or related field.
• Professional certifications preferred (e.g., CIA, CPA, CISA, or relevant insurance certifications).
• Minimum 3-5 years experience in internal audit, preferably within insurance underwriting or related financial services.
• Strong understanding of underwriting principles, insurance products, and regulatory environment.
• Proficient in audit software and MS Office applications, especially Excel and data analytics tools.
• Excellent analytical, problem-solving, and communication skills.
• Detail-oriented with a strong ethical foundation.

Skills & Competencies:

• In-depth knowledge of underwriting risk management and insurance principles.
• Ability to analyze complex processes and controls objectively.
• Strong report writing and presentation skills.
• Ability to work independently and collaboratively in a dynamic environment.
• Good interpersonal skills for effective stakeholder engagement.