Designation: Chief Manager

Location: India Maharashtra Thane - GCorp

Organization: Financial Services Basic Details : Fill the required information about business, unit, location, position, reports to position and date of updation of JD : Business**

Financial Services

Unit

Aditya Birla Health Insurance Company Ltd

Location

Thane, Maharashtra

Poornata Position Number of the job

Reports to: Poornata Position Number

Poornata Position Title of the job

Reports to: Poornata Position Title

Function

Internal Audit

Reports to: Function

Audit Committee

Department

Internal Audit

Reports to: Department

NA

Designation of the Employee

Functional & Offsite Auditor

Designation of the Manager

Vertical Head - Functional Audits, and

Team Lead - Offsite Audit

Date of writing/updation of JD

Feb 2026

1) Job Purpose : Write the purpose for which the job exists (in 2-3 lines) * : 2) Dimensions* :_Mention quantitative or qualitative parameters that are relevant for the job and provide a better understanding of the scope and scale of the job. _

Business Workforce Number (Max 254 Characters)

On Roll - 7000+

Offroll/ Part time - 4000+

Unit Workforce Number (Max 254 Characters)

On Roll - 7

Offroll/ Part time - 2

Function Workforce Number * (Max 254 Characters)

On Roll - 7

Off Roll - 2

Department Workforce Number* (Max 254 Characters)

On Roll - 7

Off Roll - 2

Other Quantitative and Significant Parameters for the job: Budgets/ Volumes/No. of Products/Geography/ Markets/ Customers or any other parameter*

Deliver quality audits with or without support of Audit partners

10

Manage Audit Partners

2

Support on new CCMs annually

200

Support in coordinating 300 existing CCMs with auditors and auditees on a regular basis

300

3)



Job Context & Major Challenges: Write the specific aspects of the job that provide a challenge (internal and external) to the jobholder in the context of the Business/Unit/Function/Department/Section : About the Health Insurance Industry -

The Indian health insurance industry has emerged as one of the fastest-growing segments within the broader insurance ecosystem, driven by rising healthcare costs, increasing disease burden, and a growing awareness of financial protection. Since liberalisation in 2000, the sector has expanded significantly, with 30+ insurers (including standalone health insurers, general insurers, and life insurers) now offering health-related products. The pandemic further accelerated adoption, highlighting the need for comprehensive health coverage and preventive care. The industry’s gross written premium (GWP) crossed ? 90,000 crore in FY 2024, accounting for over 35 % of the total non-life insurance market. Regulatory focus by IRDAI on improving product standardisation (e.g., Arogya Sanjeevani), claim transparency, and digital interoperability (through NHCX and Ayushman Bharat Digital Mission) has also enhanced consumer trust and industry maturity.

The sector is now shifting from a “pay for illness” model to a “care for wellness” paradigm, integrating preventive health management, digital health ecosystems, and real-time claim settlement platforms.



New-age insurers and insurtechs are leveraging AI, data analytics, and machine learning to streamline underwriting, detect fraud, and personalise customer journeys. Distribution has diversified beyond traditional agents and bancassurance to digital marketplaces and embedded insurance models. With penetration still under 5 % of GDP and significant out-of-pocket expenditure (~50 % of total healthcare spend), the long-term growth potential remains immense. Going forward, the industry will be defined by innovation, affordability, interoperability, and wellness-centric solutions that make health protection more inclusive, efficient, and value-driven.

About the Aditya Birla Health Insurance -

Founded in 2015 and commencing operations in October 2016, ABHI is a joint venture between Aditya Birla Capital Ltd. (ABCL) and South Africa’s Momentum Metropolitan Holdings Ltd (formerly MMI Strategic Investments). Over the years it has rapidly grown its footprint: covering 22 million+ lives, operating across 5,000+ cities, partnering with 20+ bancassurance alliances and engaging 140,000+ direct selling agents.

ABHI adopts a distinctive “ Health First ” business model — shifting from the traditional “buy and forget” mindset to one of “buy and engage.” The company’s mission is to proactively help customers build healthier lives by combining insurance protection with wellness programmes, incentivised behaviour (e.g., through the Activ Health suite), and digital experience. The core values emphasise trust, customer-centricity, innovation, and delivering value through prevention and healthy living.

ABHI has made tangible impact in the Indian health-insurance market:

- Expanded distribution capabilities via branches, digital

📌 Team Member - Internal Audit (Maharashtra)
🏢 Aditya Birla Group
📍 Maharashtra