Chief Manager - Internal Audit
Magma General Insurance Limited · Mumbai
- Experience2–7 yrs
- SalaryNot disclosed
- Work modeonsite
- Levelsenior
- Posted22 Sept 2026
About Magma General Insurance Limited
Magma General Insurance Limited is hiring in Mumbai in insurance. This role looks for around 2+ years of experience.
Skills
- risk-based audit programs
- internal controls
- internal audit operations
- audit planning
- compliance reviews
The role
An internal auditor at an insurance company designs risk-based audit programs, evaluates internal controls, and manages outsourced internal audit operations while coaching audit teams. The role also oversees audit planning, fieldwork, reporting, and compliance reviews.
Full job description
• Design risk based internal audit plan under the guidance of seniors.• Execution of audits for areas which are core, technical and high risk for the organization.• Demonstrate in-depth knowledge of business risks, processes, and internal controls of the organization.• Ensure quality and consistency in the Preparation of risk-based audit programs.• Strategize and manage outsourced internal audit operations and SPOC for such reviews.• Assist seniors in training and development of the in-house-IA team.• Management and supervision of execution of Internal Audit / special reviews etc (i.e., audit planning, scoping, fieldwork, reporting and compliance)• Leading the team as well as providing quality coaching required for completion of the assignments.• Presentation and discussion of deliverables with the management / senior management as well as with CIA• Ensures review and maintenance of the working papers for work undertaken by the team.• Responsible for Internal Audit practice adherence for the whole function as well as developing the practices