Job Description:
Execute internal audit assignments for insurance clients, covering Life and General Insurance.
Conduct risk assessments and evaluate internal controls across insurance business processes.
Perform process audits covering underwriting, claims management, policy administration, premium collection and reinsurance.
Conduct walkthroughs, control testing and identify process gaps and potential risks.
Evaluate compliance with applicable IRDAI regulations and other statutory requirements.
Prepare audit documentation, highlight observations and recommend process improvements.
Coordinate with client stakeholders and follow up on audit findings and corrective actions.