Description

Key Responsibilities

1. Audit Planning & Risk Assessment

- Co-create and maintain a risk-based audit plan aligned with business priorities and regulatory expectations.

- Continuously assess emerging risks and revise audit coverage accordingly.

2. Audit Execution, Quality & Delivery

- Lead and oversee execution of complex, high-risk audits across core insurance functions (underwriting, claims, investments, etc.).

- Ensure high-quality audit outputs through rigorous review of workpapers, findings, and reports.

3. Stakeholder Engagement & Advisory (Consulting Role)

- Act as a trusted advisor to business leaders, providing insights to strengthen risk management and controls (aligned with IIA consulting mandate).

- Influence senior stakeholders through clear communication of audit themes, risks, and practical recommendations.

4. Team Leadership & Capability Building

- Lead, coach, and mentor audit team members, ensuring solid execution discipline and professional growth.

- Drive a high-performance, learning-oriented culture within the audit function.

5. Governance, Controls & Regulatory Assurance

- Evaluate effectiveness of governance, risk management, and internal control frameworks in line with IIA/COSO standards.

- Track and ensure closure of audit and regulatory findings.

6. Continuous Improvement & Innovation

- Leverage data analytics, automation,



and AI-enabled auditing techniques to enhance audit coverage, efficiency, and insight generation.

- Drive improvements in audit methodology, tools, and processes to keep pace with evolving risks.

Responsibilities

Skills & Competencies

- Core: Deep expertise in internal audit frameworks (IIA Standards, COSO) and insurance regulations, with the ability to provide strategic assurance insights.

- Analytical & Data-Driven Mindset: Strong analytical capabilities with exposure to data analytics, visualization tools, and emerging AI-enabled audit techniques.

- Executive Communication & Influencing: Ability to articulate complex audit issues clearly and persuasively, and to engage and influence senior stakeholders and leadership forums

- Leadership & Team Development: Proven ability to lead, coach, and develop teams, fostering a high-performance culture and ensuring consistent delivery quality.

- Professional Judgement & Advisory Orientation: High integrity, strong problem-solving skills, and the ability to act as a trusted advisor by providing balanced, practical, and forward-looking recommendations.

Qualifications

- Chartered Accountant (CA) / CPA / ACCA – Mandatory
- Additional certifications preferred:
- CIA (Certified Internal Auditor)
- CISA (for IT audit exposure)

📌 Lead - Internal Audit (Maharashtra)
🏢 Universal Sompo General Insurance
📍 Maharashtra