About Axis Max Life

Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Ltd., is a joint venture between Max Financial Services Limited (“MFSL”) and Axis Bank Limited.

Axis Max Life Insurance offers comprehensive protection and long-term savings life insurance solutions through its multi-channel distribution, including agency and third-party distribution partners. It has built its operations over two decades through a need-based sales process, a customer-centric approach to engagement and service delivery, and a well-trained human capital.

Axis Max Life has been consistently ranked among the best workplaces by the GPTW Institute, reflecting its commitment to creating a positive and empowering work environment.

#ComeAsYouAre LGBTQIA and PwD candidates of all ages are encouraged to apply

: Internal Audit Plan o Prepare comprehensive Internal Audit plan by correct identification of the key risk areas and timely approval by the AC of the IA plan.

o Identify new themes which can be added as part of proposed Internal Audit (IA) plan and identify current risk areas and conduct risk based audits to ensure quality of reviews and effective reporting of observations.

o Manage the audit to ensure that overall audit is performed in accordance to the steps as defined in Internal Audit manual including methodical documentation of work plans, testing results, conclusions and recommendations.

o Ensure results of other external audits consistent with the Internal Audit work (performed by the in-house team)



with minimum material differences o Provide recommendations for process improvement in order to mitigate associated risks, to ensure compliance, adequacy and reliability of internal controls & procedures.

o Ensure follow up on findings and corrective actions and assist process owners in practical implementation of recommendation to improve operational efficiencies and overall control posture for the organization.

Revenue assurance model and automation in audits o Preparation of a comprehensive product and revenue assurance model and ensure quality of reviews, effective reporting of observations and its timely completion and implementation.

o Prepare plan for concurrent audit of different types of payouts, functionalities through automation.

o Drive automation in selected areas of audit which are of recurring nature and increasing the level of accuracy while reducing the processing timelines.

o Active participation and contribute towards assurance reviews as per the requirement of Senior Management and Audit Committee.

Stakeholder Management o Lead audit closure meetings with process owners and provide update / reporting exceptions to functional leaders.

o Provide timely and periodical update to Senior Leadership Team and Quarterly Audit Committee by preparing updated presentation.

Team Management o Provide technical assistance and subject-matter expertise to team members in designing risk universe o Responsible for coaching, mentoring, and developing career paths for direct reports.

State: Home Office

Branch: Gurugram HO

Department: Internal Assurance

Function: Internal Assurance

Posted On: 03-Aug-2026

📌 Senior Manager - Internal Audit (India)
🏢 AxisMaxlife
📍 India