Assistant Audit Manager – Insurance

Job Description

Location: Colombo, Sri Lanka
Company: [Prominent Insurance Company]
Type: Full-Time

About the Company:
We are a prominent insurance company recognized for our expertise in life insurance, wealth management, and retirement planning. We deliver innovative financial solutions and foster long-term financial security through customer-centric services, regulatory compliance, and market-leading digital transformation across diverse regions.

Role Overview:
We are seeking an Assistant Audit Manager to join our Internal Audit team. The successful candidate will be responsible for executing internal audits, evaluating control adequacy, and ensuring compliance with regulatory and operational standards. This role involves collaboration with external auditors, regulators, and management to deliver high-quality audit outcomes.

Key Responsibilities:

• Execute internal audits according to the established schedule, assessing control adequacy and operational efficiency.
• Assist in preparing the annual audit plan, Audit Committee reports, and monthly country reports.
• Coordinate and monitor audits performed by regulators, external auditors, and other assurance providers.
• Prepare comprehensive audit reports and participate in discussions with management on issues and remedial action plans.
• Support the Head of Internal Audit in delivering the overall audit plan and reporting to committees and senior management.
• Follow up on management’s remedial actions on audit findings and verify corrective actions.
• Maintain accurate documentation of follow-up activities and audit results.

Key Qualifications & Skills:

• Minimum of four years of internal/external audit experience or five years in the insurance, financial, or related industries.
• Relevant professional qualification such as CPA, CIA, or equivalent.
• Knowledge of audit tools like TeamMate, ACL, and proficiency in MS Office applications.
• Intermediate knowledge of IT systems and their role in audit processes.
• Excellent oral and written English communication skills.
• Strong team player with a commitment to achieving results.

Personal Attributes:

• Analytical and detail-oriented mindset.
• Ability to handle multiple tasks under tight deadlines.
• Effective problem-solving skills and independent judgment.
• Excellent interpersonal and stakeholder management skills.
• Proactive and collaborative approach to work.

Benefits:

• Competitive salary and performance bonuses.
• Stock options and comprehensive benefits.
• Paid time off and retirement plans.
• Professional development opportunities.
• Executive perks and flexible scheduling.

How to Apply:
Please submit your resume, cover letter, and any relevant portfolio samples to sulanim@jobfactory.lk with the subject line “Assistant Audit Manager – Insurance Application – [Your Name]”.

Closing Date: March 15, 2025
Applications received after this date will not be considered.

Contact Information:
JobFactory
Hotline: 0112-746-010
Website: https://www.jobfactory.lk/

Join our team and contribute to maintaining the highest standards of financial integrity and compliance in the insurance industry!