To provide value-adding independent audit services to the Audit Committee, Group Office, senior management and the regulator on the company’s capacity to manage risk and to provide reasonable assurance that the system of internal controls, as designed, is achieving its objectives.
To liaise with the control communities and other members of the company to contribute to the implementation of an effective and efficient system of internal control.
To assist in the development, and complete the annual audit plan, which will be approved by the AIA Group and local Audit Committee
Lead or participate in other ad-hoc or specialized assignments as required
Responsibilities
Lead/Assist in the development of the annual risk-based audit plan by assessing the key risks at the Local Business Unit and inputs from Group Office.
Plan, lead and execute audits within the organization in accordance with the annual audit plan approved by the Group and Local Audit Committee. Review and co-ordinate the work of the team members and ensure that the working papers, draft audit reports and other deliverables meet internal standards and assignments are completed within budgeted time.
Assist the Head of Internal Audit in training, mentoring and evaluating staff, and taking corrective actions to address performance issues.
Communicate the results of audits and other assignments via written reports and oral presentations, and provide professional advice and insights in order to enable informed management decisions.
Build relationship with senior leaders and work with them to contribute and address issues on risk exposures and controls.
Liaise with external auditors and regulatory inspectors on audit related matters.
Whenever required and at Group Internal Audit’s request, to undertake audit assignments outside Singapore and also special investigation projects.
Experience/Qualifications
Minimum Bachelors degree in Accounting or Commerce
Qualified accountant: CA, CPA or equivalent
Minimum ten years of internal/external audit experience in the insurance, financial or a related industry with supervisory working experience
Knowledge
Superior knowledge of audit methodologies and audit-related application
Strong understanding / experience in the insurance industry
Hands on experience in audit planning and control requirements
Proven governance and control philosophy
Knowledge on the use of data analytic tools such as ACL and Tableau to provide value-adding audit and business insights would be an advantage.
Other skills
Strong leadership, project management and organisation skills
Excellent analytical, written/verbal communication, presentation, interpersonal, and relationship building skills
Solid problem solving skills, ability to analyse complex data, identify core issues, investigate, evaluate and reach appropriate conclusions
Ability to work under pressure and meet milestones within time, cost and quality constraints
Ability to adapt to changes quickly and multi-task
