Manager - IT Audit - Insurance

Internal Audit Plan

- Conduct technology focused audits independently. o Ensure timely completion of audits based on annual audit

- plan and adhoc reviews with adequate risk coverage.

- Understand systems and processes to identify risks.

- Control design adequacy and operating effectiveness

- assessment as per standard process

- Report audit findings to stakeholders and agree on action plans.

- Monitoring and tracking closure of open audit observations

- Help stakeholders with recommendations to mitigate risks / issues identified

- Maintain audit documentation as per established processes.

- Contribute to the continuous improvement of Internal Audit and control processes

Stakeholder Management :

- Collaborate with the teams / stakeholders for better understanding of the business and smooth execution of audit deliverables

- Coordination with Enterprise Risk Management team (2nd line of defense)

Measures of Success

- Ensure quality and effective reporting of observations.

- Results of other external audits consistent with the Internal Audit work with minimum material differences

- Provide specific and practical recommendation for effective closure of the issues and mitigation of risks.

- 100% adherence to 'Audit Plan' for the Internal Audits assigned as per timelines and defined process in IA manual.

- Monthly monitoring & escalation of past due items and adherence to follow-up process timelines.

- Provide timely update and contribute towards Quarterly Audit Committee and Management Risk Committee.

Key Relationships (Internal /External)

Internal

Key competencies/skills required

- Proven ability to collaborate broadly with flexible, positive attitude and ability to get results

- Exceptional oral and written communication skills; ability to communicate to the senior executive level

- In -depth knowledge of IT audit principles and internal controls

- Relevant experience in financial services/insurance sector is desirable