Hiring for one of the Big 4

Location: Bangalore

Key Roles & Responsibilities:

1. Risk & Control Framework

- Support design, documentation and enhancement of control frameworks across insurance /

reinsurance processes

- Develop and maintain Risk & Control Matrices (RCMs)

- Map risks to controls and identify control gaps

2. RCSA Execution

- Facilitate Risk & Control Self-Assessments (RCSA) with business stakeholders

- Perform risk identification, assessment, and control effectiveness evaluation

- Document findings and recommend remediation actions

3. Control Testing & Validation

- Perform control design and operating effectiveness testing

- Document testing results and prepare issue summaries

- Track remediation progress and validate closure

4. Process & Compliance Governance

- Review process documentation and ensure alignment with regulatory and internal standards

- Support regulatory compliance initiatives within insurance / reinsurance domain

- Assist in audit engagements (internal / external)

5. Stakeholder Management

- Engage with global stakeholders (onshore/offshore teams)

- Present findings and recommendations clearly and confidently

- Drive discussions independently with SMEs and control owners

Required Skills & Competencies

- Strong understanding of Insurance / Reinsurance business processes

- Experience in RCSA, control testing, control design and documentation

- Familiarity with regulatory environments (e.g., IRDAI / global insurance regulators)

- Experience working with global clients or cross-border teams

- Strong analytical and documentation skills

- Excellent written and verbal communication skills

Preferred Experience

- Big 6 consulting background (Risk Advisory / Internal Audit / GRC)

- Experience with global insurance/reinsurance MNCs

- Exposure to compliance transformation or control framework enhancement projects

Educational Qualification

- MBA (Finance / Risk / Insurance)

- CA / CFA / FRM

Or equivalent degree with relevant insurance / reinsurance experience

Audit Manager