Lead - Internal Audit
Universalsompo · universalsompo.com
MaharashtraLead / Manager
The job in short
Internal audit lead.
AuditInsuranceUnderwriting
Details
- Found
- 21 d ago · posted 2026-09-01
- Location as listed
- Maharashtra, India
- Role
- Audit / Tax
- Source
- The company’s own careers site
Full description
Key Responsibilities
1. Audit Planning & Risk Assessment
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Co-create and maintain a risk-based audit plan aligned with business priorities and regulatory expectations.
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Continuously assess emerging risks and revise audit coverage accordingly.
2. Audit Execution, Quality & Delivery
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Lead and oversee execution of complex, high-risk audits across core insurance functions (underwriting, claims, investments, etc.).
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Ensure high-quality audit outputs through rigorous review of workpapers, findings, and reports.
3. Stakeholder Engagement & Advisory (Consulting Role)
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Act as a trusted advisor to business leaders, providing insights to strengthen risk management and controls (aligned with IIA consulting mandate).
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Influence senior stakeholders through clear communication of audit themes, risks, and practical recommendations.
4. Team Leadership & Capability Building
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Lead, coach, and mentor audit team members, ensuring strong execution discipline and professional growth.
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Drive a high-performance, learning-oriented culture within the audit function.
5. Governance, Controls & Regulatory Assurance
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Evaluate effectiveness of governance, risk management, and internal control frameworks in line with IIA/COSO standards.
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Track and ensure closure of audit and regulatory findings.
6. Continuous Improvement & Innovation
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Leverage data analytics, automation, and AI-enabled auditing techniques to enhance audit coverage, efficiency, and insight generation.
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Drive improvements in audit methodology, tools, and processes to keep pace with evolving risks.
Skills & Competencies
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Core: Deep expertise in internal audit frameworks (IIA Standards, COSO) and insurance regulations, with the ability to provide strategic assurance insights.
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Analytical & Data-Driven Mindset: Strong analytical capabilities with exposure to data analytics, visualization tools, and emerging AI-enabled audit techniques.
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Executive Communication & Influencing: Ability to articulate complex audit issues clearly and persuasively, and to engage and influence senior stakeholders and leadership forums
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Leadership & Team Development: Proven ability to lead, coach, and develop teams, fostering a high-performance culture and ensuring consistent delivery quality.
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Professional Judgement & Advisory Orientation: High integrity, strong problem-solving skills, and the ability to act as a trusted advisor by providing balanced, practical, and forward-looking recommendations.
• Chartered Accountant (CA) / CPA / ACCA – Mandatory
• Additional certifications preferred:
• CIA (Certified Internal Auditor)
• CISA (for IT audit exposure)
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