Internal Audit Associate (General Insurance)

Bethel General Insurance and Surety Corp.; Metro Manila; On-site; PHP 400,000 - 560,000; Full time

Job summary

Bethel General Insurance and Surety Corp. is seeking an Internal Audit Associate to support the Chief Internal Auditor. The role focuses on executing audit procedures, promoting strong internal controls, and ensuring data reliability across the organization.

You will participate in fieldwork nationwide, prepare engagement letters, analyze data, and assist in reporting. Candidates should be detail-oriented, analytical, and capable of maintaining confidentiality.

Responsibilities

• Preparation of engagement letters addressing the concerned Department/Branch/Officer/Personnel, identifying the Audit Team's objectives, scope, and securing proper authorization.
• Preparation of data and information that are initially required to assist the audit in assessing the approach in the assigned audit engagement.
• Attending to various fieldworks nationwide.
• Execution of various audit procedures, including but not limited to observation.
• Assess the existing processes to identify the areas for improvement.
• Ensure proper communication with the auditee in addressing concerns or clarifications.
• Secure proper collation and documentation of all data gathered related to the handled audit engagement.
• Perform cross-checking and thorough analysis on data gathered to secure confidence in the data reliability, accuracy, and validity.
• Collaborate with the team in assessing the effectiveness of internal controls and risk management.
• Ensure timely reporting and submission of the Initial Audit Report to the unit supervisor.
• Maintain the highest level of confidentiality, integrity, and objectivity on all engagements handled, both within the team and department.
• Assist with all the documentation, filing, and monitoring of all audit engagements handled by the team.
• Attend meetings, as may be required by the superiors.
• Other tasks that may be deemed necessary in relation to the Internal Audit Department.

Job description

An Internal Audit Associate reports to the Chief Internal Auditor and is responsible for the execution of various audit procedures to attain audit objectives set by the Management, including but not limited to promoting effective internal controls and efficient operations, ensuring reliability of data and reports submitted by its intermediaries, and compliance monitoring on the implemented rules and regulations within the Company.

Key Responsibilities:

• Preparation of engagement letters addressing the concerned Department/Branch/Officer/Personnel, identifying the Audit Team's objectives, scope, and securing proper authorization.
• Preparation of data and information that are initially required to assist the audit in assessing the approach in the assigned audit engagement.
• Attending to various fieldworks nationwide.
• Execution of various audit procedures, including but not limited to observation.
• Assess the existing processes to identify the areas for improvement.
• Ensure proper communication with the auditee in addressing concerns or clarifications.
• Secure proper collation and documentation of all data gathered related to the handled audit engagement.
• Perform cross-checking and thorough analysis on data gathered to secure confidence in the data reliability, accuracy, and validity.
• Collaborate with the team in assessing the effectiveness of internal controls and risk management.
• Ensure timely reporting and submission of the Initial Audit Report to the unit supervisor.
• Maintain the highest level of confidentiality, integrity, and objectivity on all engagements handled, both within the team and department.
• Assist with all the documentation, filing, and monitoring of all audit engagements handled by the team.
• Attend meetings, as may be required by the superiors.
• Other tasks that may be deemed necessary in relation to the Internal Audit Department.