Profile - Executive/ Sr. Executive/ Assistant Manager / Deputy Manager- Internal Audit

Location- Corporate Office, Jaipur
Nature- On Roll

Experience -
Junior Level: 1–3 years of experience in Internal Audit, Operations, Underwriting, Claims, or Compliance.
Middle Level: 3–7 years of experience in Internal Audit, preferably in General Insurance.

Salary Range – As per Industry Norms.

Educational Qualifications
CA Inter / CA / CMA / MBA (Finance/Insurance) / B.Com / BSc./ M.Com.
Skilled certifications such as CIA, CISA, CFE, or Insurance-related qualifications will be preferred.

Job Description

To assist in conducting risk-based internal audits across various functions of the General Insurance business, including underwriting, claims, finance, operations, IT, HR, compliance, and branch operations, and to ensure adherence to internal policies, regulatory requirements, and industry best practices.

Key Responsibilities

1. Audit Execution
Conduct audits as per the approved annual audit plan.
Perform process walkthroughs and document understanding of business processes.




Test internal controls and identify control gaps.
Verify compliance with company policies, IRDAI regulations, SOPs, and delegated authorities.
Execute sample-based transaction testing and data analysis.
2. Underwriting Audits
Review underwriting decisions for compliance with underwriting guidelines.
Verify premium calculations, discounts, loadings, and policy issuance controls.
Identify instances of policy deviations and exceptions.
3. Claims Audits
Review motor, health, and other claims for compliance with claim settlement procedures.
Verify claim approvals, reserves, recoveries, repudiations, and fraud controls.
Assess claim leakage and operational efficiency.
4. Branch Audits
Conduct branch audits across PAN India locations.
Review operational controls, customer servicing, cash handling (if applicable), and document management.
Verify compliance with statutory and regulatory requirements.
5.

📌 Internal Auditor (Jaipur)
🏢 SHRIRAM GENERAL INSURANCE CO.
📍 Jaipur