Manager - Internal Audit - Insurance Broker - US Market

We have an urgent hiring with one of the Leading MNC Insurance Broker Company for the role of Internal Audit Manager.

Location: Bangalore

Experience: 5 to 7 years

Qualification: CA/ICWA/MBA

- Imp Note: Looking for someone who has experience working with US Clients.

Position Summary:

We are seeking an audit professional to work with us to develop and deliver a disciplined approach of evaluating and improving the effectiveness of the company's control, governance and risk management processes, and report the results to senior management.

The Internal Audit Manager will manage audits assignments throughout the planning, fieldwork and reporting phases and manage follow up of reported issues. The person in this role will be a member of the Global Internal Audit Managers, providing input into the audit planning process, participate in recruitment, conducting the required performance evaluations, and developing, mentoring and coaching audit staff.

Responsibilities :

- Contribute to the development of the annual audit plan.

- Manage, and on occasion execute, multiple audit assignments simultaneously as per the audit plan. This includes the review and approval of the scoping and planning, working papers, closing decks, draft and final reports and regular interaction with key stakeholders throughout the audit.

- Review and approve of the documented results of audit work to ensure compliance with the internal requirements and IIA standards.

- Communicate and maintain relationships with clients, senior level management, and team members to gather information, identify ambiguous situations, and collaboratively solve problems.

- Manage budgeted hours for each of the individual assignments you are responsible for. Escalate any challenges to complete the assignment within the budgeted hours to the Internal Audit Director.

- Review and approval of Potential Audit findings, including distribution to the audit client for agreement.

- Review & / or draft the audit report for final review by the Senior Leadership team.

- Meet with client management to discuss and agree the draft report and agree viable solutions to achieve the most effective and efficient remediation for the audit issues identified.

- Review follow-up on the internal audit findings and agreed action plans to ensure adequacy and timeliness of actions, until deficiencies are remediated.

- Support the IADs in conducting Global Internal Audit Quality Assurance reviews.

- Complete the audit assignments in accordance with the Global Audit Manual and the International Standards for the Professional Practice of Internal Auditing (Standards) promulgated by the Institute of Internal Auditors, local regulators and Industry guidance.

- Stay abreast of best practices, both internally and externally.

- Assist the Global Internal Audit Senior Leadership Team in the implementation of the Audit Center strategic goals.

- Develop team members to ensure appropriate skill and staffing of the Internal Audit team (on-the-job training, coaching/mentoring, providing career growth opportunities, etc.)

- Contribute to the performance feedback session(s) of all levels of team members for the annual appraisal process.

- Assist in the screening, recruiting and interviewing of employment candidates when vacancies arise.

- Contribute to the development and maintenance of the department policies and procedures.

- Carry out duties following policies and procedures in accordance with applicable laws, rules, regulations, good governance and shared values, in particular, putting clients at the heart of our business.

- Other duties as assigned.