Concurrent Auditor null

About this job role

To be responsible for managing audit assignments about Concurrent Audit (Continuous Assurance) by the area and scope as discussed and agreed with the Management and relevant policies, procedures, and quality standards. There is a quarterly presentation and reporting to the Senior Management.

DUTIES & RESPONSIBILITIES;

• Oversee the activities of the Concurrent Audit function and monitor their activities on a day-to-day basis.
• Identify new areas/process risks to be covered under Concurrent Audit from time to time.
• Identify critical areas for Continuous Monitoring, both from a Concurrent Audit perspective, and develop the necessary reports for monitoring.
• Plan and ensure execution of Adhoc audits as may be suggested by Management / to identified basis risk trend
• To provide operational expertise in core insurance operations and leverage this expertise in the audit processes of the Company.
• To recruit, develop and train the Concurrent Audit team in auditing and core life insurance-related aspects.
• Drive Technology adoption within the team through automation of Audit processes and Planning for Data Analytics across audit areas
• To assist in developing scope, risk assessment, audit checklist, audit program for concurrent audit of core processes.
• To supervise and review execution and coverage of audit plan, drafting audit reports, discussion, and closure of audit reports with the auditees / HOD's
• To coordinate and facilitate Regulatory Audits that may be held from time to time.
• Preparing presentations for concurrent audits and other audits held during each quarter etc. for management review and Audit/Risk Committee submissions. Ensuring that all critical issues are included therein.
• Assist in developing and implementing new initiatives amongst the Concurrent Audit team.

Disclaimer - HDFC Life does not charge applicants any recruitment fee or a deposit in return for job offers. HDFC Life does not authorize any third party to make employment offers, refer or place candidates, for a fee charged to the applicant

Role: Audit Manager

Salary: Not Disclosed by Recruiter

Industry: Insurance

Functional Area:Finance & Accounting

Role Category:Audit & Control

Employment Type: Full Time, Permanent

Key Skills

• continuous monitoring,
• continuous assurance,
• internal audit, auditing,
• Concurrent Audit,
• Process Audit

Education

PG: CA in CA

Company Profile

HDFC Life, one of India€™s leading private life insurance companies, offers a range of individual and group insurance solutions. It is a joint venture between Housing Development Finance Corporation Limited (HDFC), India€™s the leading housing finance institution, and Standard Life plc, the leading provider of financial services in the United Kingdom.

HDFC Life€™s product portfolio comprises solutions, which meet various customer needs such as Protection, Pension, Savings, Investment, and Health. Customers have the added advantage of customizing the plans, by adding optional benefits called riders, at a nominal price. The company currently has 37 retail and 8 group products in its portfolio, along with 9 optional riders catering to the savings, investment, protection, and retirement needs of customers.

HDFC Life continues to have one of the widest reaches among new insurance companies with about 500 branches in India touching customers in over 900 cities and towns. The company has also established a liaison office in Dubai. HDFC Life has a strong presence in its existing markets with a strong base of Financial Consultants. For more information, please visit our website, www.hdfclife.com