PHI - Lead- Internal Audit

Prudential Health India is a start-up health insurance company seeking a Lead – Internal Audit to establish and lead the internal audit function. The successful candidate will develop audit strategies, conduct risk-based audits, and report findings to the Audit Committee and senior management.

Key Responsibilities

• Develop and implement a comprehensive internal audit strategy and annual audit plan aligned with business objectives and regulatory requirements
• Conduct risk-based audits across financial, operational, IT, and compliance areas to assess adequacy of controls and identify improvement opportunities
• Ensure compliance with IRDAI guidelines, internal policies, and applicable laws and regulations
• Prepare and present audit reports to the Audit Committee and senior leadership with clear findings, recommendations, and action plans
• Monitor implementation of audit recommendations and track remediation progress
• Collaborate with external auditors, regulators, and internal stakeholders to ensure audit readiness and transparency
• Lead investigations into fraud, misconduct, or control breaches and support disciplinary or legal actions as needed
• Maintain documentation and audit trails in accordance with professional standards
• Build and manage a high-performing internal audit team with strong technical and ethical capabilities
• Stay updated on emerging risks, regulatory changes, and best practices in internal audit and risk management

Qualification & Experience

• CA/ICWA qualification with expertise in Indian GAAP, IFRS, and IRDA frameworks.
• 8-12 years of experience in finance and accounting / Auditing within the health insurance industry.
• Strong knowledge of internal audit standards, IRDAI regulations, and insurance operations
• Familiarity with audit tools, data analytics, and governance frameworks

Skills

• High attention to detail and accuracy
• Strong analytical and problem-solving skills
• Excellent communication and stakeholder management abilities
• Ability to lead teams and manage multiple priorities under tight deadlines

What we offer

• Globally integrated culture
• Career development opportunities for professional growth and development including training and mentorship programs
• Collaborative and mission-driven work culture