Senior Manager - IT Audit - Insurance

Basic Function :

- Overall responsibility for the delivery and management of audit assignments to ensure that all business risks are anticipated identified, recognized, and appropriately managed in alignment with the departmental audit plan and initiatives

- Business/ Domain Knowledge - Advanced knowledge of the Finance/ Insurance Industry

- Advanced understanding of business and operations

Essential Functions :

Auditing :

- Lead comprehensive process audits, using department guidelines, knowledge of best practices, and understanding of controls to provide management with an independent appraisal of the control environment surrounding business processes or activities

- Assesses the soundness, adequacy, compliance and cost-effectiveness of the enterprise's operational, financial and information systems controls and the accuracy, integrity and completeness of data integral to operations, including management and financial reporting

- Lead all aspects of an audit including planning, testing, and reporting

- Review work papers to ensure they are within accepted audit and departmental standards

- Issue root cause analysis and thematic issues

- Lead and sign-off required Sarbanes-Oxley testing

Project Management :

- Lead projects, completing assigned tasks and responsibilities within budget and agreed timelines (and explaining variances)

- Communicate appropriately with identified stakeholders within Audit and business management

- Exhibits organization and multi-tasking skills required to successfully engage in simultaneous engagements

- Lead key business initiatives

- Manage engagement team, supervise and review their work and provide feedback

Service Delivery :

- Maintain high quality deliverables for aligned vertical

- Responsible for ensuring completion of tasks within prescribed timelines

- Monitor progress and share ongoing status with stakeholders

Relationship Management :

- Maintains a positive working relationship with auditees and sustains an ongoing relationship with key business contacts

- Effectively maintains the appropriate level of communication with clients

- Lead discussion with clients in developing action plans to resolve control issues or risks; handles the resolution of high risk issues with management

People Management :

- Establishing and maintaining effective communications with each team member

- Setting long- and short-term goals with employees gives focus to employee efforts

- Measuring employee accomplishments, using both qualitative and quantitative measures, providing information that supervisors and team members need in order to monitor performance

- Giving feedback informing and suggesting improvements to employees regarding their performance

- Use coaching skills to evaluate and address the developmental needs of team members and help them select diverse experiences to gain necessary skills

- Effectively recognizing employees

Reports to : SDL/ Director/ AVP

Supervises : Managers/ Unit Managers/ Assistant Manager/ Team Leader

Internal Contacts (and purpose of relationship) :

- AVP Internal Audit

- GSS Audit Management Group

External contacts (and purpose of relationship) :

- Business Process owners

- Audit Plan Owners

- External Auditors

- GSS Management

- Others as applicable

Skills :

Technical Skills :

IT Audit Skills :

- Strong understanding of IT General Controls;

- Technical knowledge of accepted best practices for managing IT processes such as ITIL or COBIT;

- Good understanding of relevant ISO standards such as ISO27001, ISO 22301, and ISO 24762;

- Use of CAATS in support of internal audit engagements (financial and non-financial);

- Program assurance experience or large scale transformation programs;

- Experience of auditing in AS400, Wintel, UNIX operating systems as well as database management systems such as MSSQL, Oracle, DB2 etc.

Other Skills :

- Good understanding of the insurance industry and standard insurance business cycles

- Work with minimal direct instruction

- Experience in drafting reports to senior stakeholders

- Able to summarize and present main points in a deck

- Display ability to take initiative

- Risk and controls specialist

- A collaborator who can connect the dots

- Proficient in Microsoft Access, Word, Excel, Power point.

- Working knowledge of Analytics like MS Excel/ office, Pivots, Tableau

- Working knowledge for IT and application controls

- Skills-Problem Solving/Analytical Ability

- Big 4 experience preferred

Process Specific Skills :

- Skills-Handle Multiple Task/Time Mgt.

- Specialized Skill-sets Required - Advanced Excel

Soft skills (Mandatory / Desired) :

Leadership :

- Create and follow through vision

- Demonstrate executive presence

- Source and retain the right talent

- Ability to work with a team, guide and motivate them

Others :

- Effective oral & written communication

- Effective presentation skills using tools & techniques

- Conflict management

- Good interpersonal skills, ability to collaborate across teams

- Teamwork, ability to form and manage effective teams

- Delegation skills, ability to empower and motivate associates to take over tasks and responsibilities

- Effective interviewing skills, ability to gather required information

Education Requirements :

- M Tech / MCA / MBA (IT) from reputed college / Institution

- CISA/ CISM/ CISSP Candidates Preferred

- 15 years of Education with Bachelor's Degree / B.E (Technology)

Work Experience Requirements :

- Minimum 10 years of relevant Internal Audit experience

- Big-4 Accounting/Auditing Experience, preferred but not required

- Candidates with experience in Financial Services industry preferred