Senior Executive - Internal Audit

Generali Central Life Insurance; Mumbai; On-site; INR 800,000 - 1,500,000; Full time

Job summary

Generali Central Life Insurance in Mumbai is seeking an experienced Internal Audit professional to define audit scopes, prepare planning documents, and conduct independent audits ensuring robust internal controls and regulatory compliance. Responsibilities include using data analytics, producing detailed audit reports with actionable recommendations, and monitoring open issues to closures.

The role supports internal and Group reporting and improvement initiatives in a dynamic insurance

Qualifications

• Preparing planning documents, Risk & Control Matrix, and walkthroughs.
• Conducting independent audits, evaluating control design and testing effectiveness.
• Using data analytics and audit tools for completeness checks and compliance.
• Preparing audit reports with findings, recommendations and action plans.
• Monitoring open issues for timely closures and retesting closed items.
• Adhering to Group Audit Methodology and best practices.
• Supporting internal and Group reporting and improvement initiatives.

Responsibilities

• Defining the scope for audits allotted. Prepare planning documents, Risk and Control Matrix, and conduct walkthroughs.
• Conducting thorough and independent audits, including evaluation of internal control/ process design, and testing effectiveness.
• Use of data analytics, and audit tools for driving completeness checks and regulatory compliance to identify critical gap areas/ risks to the Companys/ process objectives.
• Prepare comprehensive audit reports with clear findings, recommendations, and action plans and discuss them with business stakeholders.
• Monitoring of open issues for timely closures and conducting thorough testing of closed issues.
• Implement and adhere to the established Group Audit Methodology and best practices while maintaining quality in executing the audits.
• Ensure accurate and timely Internal and Group reporting and participate in the various Group/ Company improvement projects initiatives.

Job description

• Defining the scope for audits allotted. Prepare planning documents, Risk and Control Matrix, and conduct walkthroughs.
• Conducting thorough and independent audits, including evaluation of internal control/ process design, and testing effectiveness.
• Use of data analytics, and audit tools for driving completeness checks and regulatory compliance to identify critical gap areas/ risks to the Companys/ process objectives.
• Prepare comprehensive audit reports with clear findings, recommendations, and action plans and discuss them with business stakeholders.
• Monitoring of open issues for timely closures and conducting thorough testing of closed issues.
• Implement and adhere to the established Group Audit Methodology and best practices while maintaining quality in executing the audits.
• Ensure accurate and timely Internal and Group reporting and participate in the various Group/ Company improvement projects initiatives.