Description
The person will be responsible for providing Business Insights to the Head of Divisions of Life division to ensure the business objectives are met while assuring the quality and profitability of the business. Also the selected candidate will provide leadership to Internal Audit team and ensure the divisional controls and compliances are adhered & implement IFRS17 related changes in the Life Division.
Qualifications and Experience:
- Full or part Qualification in CIMA/ CII Insurance Exams.
- Minimum 2 years’ experience in Insurance industry in Audits, Business MI
- Education related to Mathematics/ Statistics will be an added advantage
- Knowledge on internal and external audit process/ scope preparation.
- Broad knowledge on Insurance practices & Regulatory framework
- Broad knowledge on Microsoft office applications.
- Ability to work under minimum supervision, multi-task, and work under pressure.
- Facilitate timely completion of Audit process. Manage all Life Ops related audit concerns.
- Conduct internal audits.
- Follow up on Audit observations and implementation timelines.
- Identify Key Business performance indicators of Life operation departments to provide business insight reports on regular basis to the management.
- Review/ Automate MI generation/ Business insight report.
- Provide MI to IRCSL on Audits within the agreed timelines.
- Identify the impact of IFRS17 on Life division Processes/ products and Practices.
- Complete the responsibilities/ Tasks assigned in the IFRS17 implementation project within the deadlines.
- Provide support and guidance to the Life division team in preparing system specifications in new product developments and new initiatives and process improvements.
Skills
Auditing
Compliance
Insurance
Microsoft office applications.
Industry Sector