AEGON Religare - Manager - Internal Audit

Designation: Manager (Internal Audit)

Reporting to: AVP - Internal Audit

Location: Corporate Office, Mumbai

Function: Internal Audit

No of people reporting None

Key Purpose:

- To assist AVP - Internal Audit in all areas related to internal audit (conducted in house or through external agencies) to meet the audit plan for the year

- Will be a part of the team for conducting internal audit across the organization both at Corporate level and at the Branch Level

- Developing systems for monitoring these audits with proper record keeping of working papers and follow-up systems to ensure that the audit recommendations are complied with

Key Responsibilities:

- Should be capable of leading a team of auditors for various assignments

- To conduct independent internal audits across the organization

- To set up an audit calendar and develop detailed audit programmes for all audits

- To assist AVP - Internal Audit in evaluating the audit compliance reports sent by the Branches / units

- Assist in daily monitoring and supervision of team, under the overall guidance of AVP - Internal Audit/Head - Audit Risk & Compliance

- To assist AVP - Internal Audit in ensuring follow-up with various functions

- To assist AVP in handling external auditors including ensuring quality output from such agencies

Strategic:

- To assist AVP in preparing audit strategies i.e. audit areas, functions/ departments etc

- Assist the AVP - Internal Audit in preparing papers for Board related committees and Internal Committees. Also ensuring their recommendations properly implemented at Management level

- Ensure quality in audit reports with respect to audit scoping, quantification and overall comprehensiveness. Also ensuring that Branch & Corporate rating system is followed in audits

Process:

- To conduct independent internal audits across the organization

- To set up an audit calendar and develop detailed audit programmes for all audits

- Assist in daily monitoring and supervision of team, including training to team, under the overall guidance of AVP - Internal Audit/Head - Audit Risk & Compliance

- Help in creating a process for follow up of audit related points and ensure proper implementation of the same

Knowledge Management:

- Ensure proper updation of skills on an ongoing basis of self and reporting team

- Ensure awareness with best practices and developments in the insurance industry and internal audit fields for implementation of the same

People:

- Ability to communicate with Senior Management

- Work as a part of the team which provides the governance structure of the company

- Ability to conduct internal Audit/investigation assignments single or as a part of a team

- Be a hands on audit professional who can conduct an audit assignment on his own

- Ability to manage team of executives / senior executives

Key Critical Competencies:

- Chartered Account / MBA

- Experience in Life or General Insurance (preferred) / BFSI sector

- Experience in internal audit function (including team management)

- Minimum 4-5 years of post qualification experience