Life Insurance Audit Manager

The Life Insurance Audit Manager role involves managing internal audit engagements within the insurance sector, primarily for our client’s business operations. This position offers the opportunity to lead risk assessment and control evaluations, contributing to our client’s internal governance and compliance standards.

Our client is a prominent organisation operating within the insurance industry, committed to delivering robust risk management and operational integrity across its business functions. The role supports their ongoing efforts to enhance internal control processes and regulatory compliance.

Role Overview

The Audit Manager will oversee internal audit projects, including planning, risk assessment, fieldwork, and reporting, primarily for our client’s life insurance division. The successful candidate will evaluate the effectiveness of risk management, internal controls, and business processes, providing actionable recommendations. The role requires collaboration with stakeholders to improve operational and compliance efficiencies. Success in this position depends on managing multiple engagements effectively and delivering comprehensive audit reports.

Key Skills & Experience

• Lead internal audit engagements in the insurance sector, focusing on life insurance and relevant investment products.
• Build and review risk assessments, audit plans, and fieldwork procedures.
• Manage and coordinate audit teams to deliver high-quality reports within project timelines.
• Evaluate the effectiveness of internal controls, business processes, and risk management systems.
• Provide stakeholders with valuable recommendations on operational and compliance improvements.
• Manage ad-hoc projects as required, supporting broader organisational objectives.

Requirements

• Hold a degree or higher in Accountancy, Finance, Statistics, Risk Management, Actuarial Science, or related disciplines.
• Possess professional qualifications such as CPA, CFA, FLMI, FSA, CIA, FRM, or CAMS.
• Have at least 3 years’ solid experience in life insurance, business operations, or relevant risks and controls; less experience will be considered at the Assistant Audit Manager level.
• Be familiar with relevant laws, regulations, standards, and market practices, with knowledge of IFRS 17 and/or Risk-based Capital preferred.
• Demonstrate good project management, interpersonal, and report writing skills.
• Be proficient in spoken and written Chinese and English, with good command of Mandarin and English.

If you have the relevant skills and experience, please apply with an updated CV.