Job Title:  Associate Director | Assurance-Advisory, Internal Audit, Risk | Delhi | Controls Assurance

• Experience in auditing end-to-end insurance value chain, including: o Product design & underwriting (risk selection, pricing controls, approval matrices) o Policy administration (issuance, endorsements, renewals, cancellations) o Claims management (FNOL to settlement, TATs, leakage, fraud indicators) o Reinsurance (treaty/facultative arrangements, recoveries, bordereaux validation) • Review of technical provisions & reserves (including IBNR concepts and actuarial coordination). • Exposure to IFRS 17 (contract grouping, revenue emergence, disclosures) and its control implications. • Assessment of compliance with insurance regulatory frameworks (preferably SAMA) and internal policies. • Audit of commission structures & broker/intermediary payouts, including channel conflicts and override risks. • Evaluation of premium accounting and collections, including reconciliation between underwriting, billing, and finance. • Review of claims provisioning, large loss handling, and litigation cases.