Internal Audit Assistant Manager – Operations & Investigations

MSIG Insurance Bhd; Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Job summary

MSIG Insurance Bhd is seeking an Internal Audit professional to join the team and contribute to risk-based operational audits across our general insurance business in Kuala Lumpur. You will gain broad exposure to underwriting, claims, reinsurance, finance, distribution and other key operations, and may support authorised investigations requiring independent fact-finding.

The role emphasizes planning and executing audits, assessing processes and controls, and applying data analytics to identify

Qualifications

• Bachelor’s degree in Accounting, Finance, Business, Law, Risk Management, Information Systems or another relevant discipline.
• At least three years of relevant experience in internal audit, external audit, investigation, forensic accounting, compliance review or related work.
• Operational audit experience, preferably within general insurance or financial services.
• Investigation experience involving suspected misconduct, transaction irregularities or control breaches would be an advantage.
• Professional certification such as CIA, CFE, ACCA, CPA, CA, CISA or an equivalent qualification is preferred.
• Working knowledge of general insurance operations and applicable Bank Negara Malaysia requirements.
• Strong analytical, interviewing, report-writing and stakeholder-management skills.
• High integrity, professional scepticism and the ability to handle sensitive information confidentially.
• Experience in data analytics or technology-assisted auditing would be an advantage.

Responsibilities

• Plan and execute risk-based operational audits across the Company’s general insurance operations.
• Assess business processes, risks, controls and compliance with applicable regulatory requirements.
• Identify root causes and recommend practical improvements to strengthen controls and operational effectiveness.
• Apply data analytics to support audit scoping, testing and the identification of unusual transactions or control exceptions.
• Support or conduct authorised investigations involving suspected misconduct, irregularities or other sensitive matters.
• Conduct interviews, review documents and transactions, gather evidence and maintain proper investigation records.
• Prepare clear, objective and evidence-based audit and investigation reports.
• Monitor agreed management actions and escalates significant or overdue matters.
• Work with Compliance, Legal, Human Resources, Information Technology functions and other relevant stakeholders.
• At Assistant Manager level, lead assigned engagements and guide junior team members.

Skills

Risk-based audits

Data analytics

Interviewing

Stakeholder management

Report writing

Education

Bachelor’s degree in Accounting

CIA/CFE/ACCA/CPA/CISA certification

Job description

MSIG Insurance Bhd is seeking an Internal Audit professional to join the team and contribute to risk-based operational audits across our general insurance business in Kuala Lumpur. You will gain broad exposure to underwriting, claims, reinsurance, finance, distribution and other key operations, and may support authorised investigations requiring independent fact-finding.

The role emphasizes planning and executing audits, assessing processes and controls, and applying data analytics to identify