Internal Audit ManagerFWD Group

About FWD Life Insurance Corporation FWD Life Insurance Corporation (FWD Insurance) is part of pan-Asian FWD Group. FWD Insurance launched its commercial operations in September 2014. As of end-2019, FWD Insurance ranks 1st in Customer Experience in About FWD Life Insurance Corporation FWD Life Insurance Corporation (FWD Insurance) is part of pan-Asian FWD Group. FWD Insurance launched its commercial operations in September 2014. As of end-2019, FWD Insurance ranks 1st in Customer Experience in the Philippines(1). FWD Insurance maintains its strong financial position as top 3 and 8 in terms of Paid-up Capital(2) and New Business Annual Premium Equivalent(3), respectively. FWD Group spans Hong Kong & Macau, Thailand, Indonesia, the Philippines, Singapore, Vietnam, Japan, and Malaysia, offering life and medical insurance, general insurance, employee benefits, Shariah, and Family Takaful products across a number of its markets. Established in Asia in 2013, FWD is the insurance business of investment group, Pacific Century Group. In the Philippines, FWD has 17 business hubs located in key cities nationwide, with its headquarters in Bonifacio Global City in Taguig. FWD is focused on creating fresh customer experiences, with easy-to-understand products, supported by digital technology. Through this customer-led approach, FWD aims to become a leading pan-Asian insurer that changes the way people feel about insurance. For more information, please visit . 1 Based on a commissioned Customer Experience Index 2019, conducted by Forrester Consulting 2 Statistics Life 2019 Based on Paid-Up Capital 3 Statistics Life 2019 Based on New Business Annual Premium Equivalent POSITION OVERVIEW: The Internal Audit Manager will be a member of the FWD Philippines ("the Company") Audit Team to provide independent assurance, insight and foresight to the Company on the effectiveness of the Company's governance, risk management and internal controls. He/she will also raise the awareness of controls and risks to improve the risk culture of the Company through regular engagements with management and advise management on developing and implementing smart control solutions. KEY RESPONSIBILITIES: A. Perform and deliver the audit projects in the audit plan in a quality and timely manner to ensure compliance with Group Internal Audit Methodology. This includes: developing the objectives, scope and timeline of audit projects with agreement from management meeting management to walkthrough the relevant processes and controls identifying the key risks and controls to be assessed assessing the design and operating effectiveness of the key controls identified to mitigate the key risks assessing the root causes, risks, impact and remediation actions of the observations identified and documented in the audit report, with agreement and buy-in from management B. Follow up with management on remediation actions arising from audit projects, including proper and timely verification of the remediation actions to ensure the risks are addressed effectively in a timely manner. C. Support the Head of Internal Audit, FWD Philippines in the design and development of a comprehensive and relevant risk-based audit plan for the Company, with regular assessment to ensure the audit plan for the Company remains relevant to provide assurance to the key risks in line with the Company's strategy and aspirations. D. Support the preparation of the Internal Audit Progress Report presented at the Audit Committee, and papers and presentations for local Management Committee, key senior management stakeholders and Group Internal Audit, with insights and assurance provided. REQUIRED SKILLS AND EXPERIENCE: Minimum bachelor's degree holder in accounting, finance or equivalent Charted Accountant, Certified Public Accountant, Certified Internal Auditor or other related professional certification Minimum 6 years working experience in audit, with experience in risk based internal audit in the life insurance industry is preferred Strong knowledge of life insurance trends, regulations and business processes is preferred. Strong knowledge of internal audit methodologies, risks and controls is a plus. Strong English written and verbal communication skills, with confidence to engage and influence senior management to achieve the desired outcomes Collaborator and team player who is enthusiastic, motivated and detailed oriented REQUIRED COMPETENCIES: Customer Led: Anticipates and acts on emerging customer needs, data and feedback to identify customer values and to create the desired customer experience. Deliver the vision: Can articulate what the plans are for own role, function and broader FWD strategy and how they link to the company vision. People orientated: Encourages safe, open and honest debate about the team's performance and builds aligned development plans. Rewards successful team performance publicly - celebrates success. Decision making: Uses decision criteria that take into account relevant strategic and tactical goals. Considers short and longer term consequences of issues. Market led: Undertakes analysis of market data and applies relevant market segments and directions for the business with trends in mind. Strategy focused: Implements the Functions strategy and can articulate the link between corporate strategy and functional strategy. Cultural alignment: Promotes cultural standards and procedures. Is active in supporting others and thinks beyond own role and function for the broader business. Drive results: Sets own and team KPI's and strives to exceed them. Supports the team and clears barriers to achieving team KPI's. Uses financial or other data to track progress. Privacy Notice Your privacy is a priority for FWD. The Company keeps your personal information with us in confidence. To know more about how we process your information, kindly refer to our FWD Recruitment Privacy Notice. FWD has partnered with Talocity Instasolutions Private Limited ("Talocity") to manage the initial filtering of candidate's profiles through video interviews, social profile mapping, and video analytics using artificial intelligence engine that is offered within the Talocity platform. The platform evaluates the candidate on the five well-known dimensions as per OCEAN Personality Model that influence occupational success and help understand workplace behavior. For more information, please refer to . When you apply, FWD will share your name, phone number and email address to Talocity to contact you and conduct the initial screening and profiling process. Shortlisted candidates will then be contacted by FWD for the face-to-face interview.
Monster

Philippines
Permanent
Full-time