
Strategic Leader for Internal Audit Excellence
2 weeks ago
Job Title
Head of Internal Audit
We are seeking a seasoned professional to lead our internal audit function. The ideal candidate will have a strong background in risk management and a proven track record of driving process improvements.
Key Responsibilities:
- Develop and implement a comprehensive, risk-based internal audit plan that covers all key functions, including underwriting, claims, finance, operations, compliance, IT, and reinsurance.
- Provide objective assurance and strategic insights to the Audit Committee and Executive Management on the effectiveness of internal controls, governance, and risk processes.
- Ensure audits are conducted in accordance with IIA Standards and applicable MAS requirements (e.g., MAS Guidelines on Risk Management Practices, Corporate Governance Guidelines).
- Lead, mentor, and develop a team of internal auditors, ensuring continuous professional growth and high performance.
- Identify emerging risks and opportunities to strengthen internal controls and operational efficiency.
- Liaise with regulatory bodies as needed.
- Monitor and report on the implementation of audit recommendations and track management's corrective actions.
Requirements
- Bachelor's degree in Accounting, Finance, Business, or related field.
- Professional certifications such as CIA, CA, CPA, or equivalent.
- Minimum 8-10 years of relevant experience in internal audit, with at least 3 years in a leadership role within insurance or financial services.
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