Job Overview:

The Internal Audit Expert will be responsible for leading and executing internal audit engagements across the company's global operations. This role requires a deep understanding of the insurance industry, strong analytical skills, and the ability to communicate findings and recommendations effectively. The successful candidate will work closely with senior management and other departments to ensure compliance, risk management, and the effectiveness of internal controls.

Key Responsibilities:

1. Audit Planning and Execution:

   • Develop and execute comprehensive audit plans and programs based on risk assessments.
   • Lead audit engagements, including planning, fieldwork, and reporting, across various business units and functions.
   • Evaluate the adequacy and effectiveness of internal controls, risk management, and governance processes.

2. Risk Assessment and Mitigation:

   • Identify key risks and controls within the company's operations and processes.
   • Assess the adequacy of risk management frameworks and recommend improvements.
   • Provide recommendations for risk mitigation and process improvements.

3. Compliance and Regulatory Oversight:

   • Ensure compliance with internal policies, procedures, and relevant laws and regulations.
   • Monitor changes in regulatory requirements and assess their impact on the company's operations.

4. Reporting and Communication:

   • Prepare detailed audit reports, including findings, recommendations, and action plans.
   • Present audit findings to senior management and the Audit Committee.
   • Collaborate with management to implement corrective actions and monitor their effectiveness.

5. Continuous Improvement:

   • Stay updated on industry trends, best practices, and regulatory developments.
   • Participate in continuous improvement initiatives within the Internal Audit function.
   • Provide training and guidance to junior auditors and other staff as needed.

Qualifications:

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Professional certifications such as CPA, CIA, or CISA are highly desirable.
• Minimum of 5-7 years of experience in internal auditing, preferably within the insurance industry.
• Strong understanding of insurance operations, products, and regulatory requirements.
• Experience with data analytics and audit software tools is a plus.