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Chartered Accountant Jobs in Mumbai,Navi Mumbai - KOTAK LIFE Insurance

Chartered Accountant

KOTAK LIFE Insurance
experience-icon 0 Years
salary-icon 600000 - 900000 Yearly
qualification-icon CA
Expired

Posted: 04 May 18

Job Description

Overview of Department: PARM is a central assurance unit of Kotak Life Insurance, in charge of internal audits, process reviews and assurance, operational risk management, and information security. The main objective of the team is to add value to the organization, by providing assurance in key areas and driving robust and efficient processes across the organization. The team has a high pressure, high visibility placement within the company and is looking out for competent professionals to fill up various roles. 

Purpose of the Job  
  • Process designing, drafting and review to ensure they are effective and efficient.
  • Detailed reviews of all existing policies/processes, to provide inputs for improvement from a risk & efficiency pointy of view.
  • Identification of design flaws and bottlenecks for new process set-ups and providing feasible solutions.
  • Driving efficiency projects with various stakeholders to drive excellence and optimum use of resources.
  • Executing process based/ compliance audits of critical areas, with end to end responsibility from scoping to issue of final report.
  • Providing financial assurance by conducting pre-payment audits for schemes, incentives and other payouts, as required from time to time.
  • Coordinating and executing various risk initiatives such as Risk & Control Assessments (RCSA), assessing and presenting risk based reviews, control testing of various reviews and providing assurance on their adequacy.
  • Preparation and presentations of Risk and Audit issues for the Risk Management Committees and Tier-I Audit Committees.
  • Driving a conducive risk culture in the organization through Operational Loss reporting, analysis of Key Risk Indicators and creation of Risk Control Matrices.
  • Coordinating with statutory auditors for ensuring smooth resolution of issues and adherence to IFC framework.

Skill requirements:
  • Ability to critically evaluate scenarios and deliver solutions.
  • Highly motivated self-starter, with multi-tasking abilities. Ability to meet tight deadlines and delivery focused.
  • Excellent communications skills (verbal and written), strong interpersonal and stakeholder skills. Strong ability to network, build consensus, prioritize effectively & develops alliances across organization.
  • Good presentation skills.
  • Proficiency in MS Office utilities, including MS Visio and Powerpoint.

Job Particulars

Education CA
Who can apply Freshers
Hiring Process Face to Face Interview
Employment TypeFull Time
Job Id417191
Job Category Finance
Locality Address
Country India

About Company

Kotak Mahindra Life Insurance Company Limited.

Kotak Life has bought back its stake from Old Mutual and is no longer in a joint venture, thus making us a 100% owned subsidiary of Kotak Mahindra Bank Ltd. 
Kotak Mahindra Life Insurance Company Ltd (Formerly known as Kotak Mahindra Old Mutual Life Insurance Ltd.) is a 100% owned subsidiary of Kotak Mahindra Bank Ltd. The company combines its international strengths and local advantages to offer its customers a wide range of innovative life insurance products thereby helping them take important financial decisions at every stage in life and stay financially independent. 
The company covers over 18 million lives and is one of the fastest growing insurance companies in India. For more information, please visit the company's website at https://insurance.kotak.com/.
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