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AIA Group

Pan-Asian life insurance provider

Head of Internal Audit

Internal Audit & ControlsConfirmed live in the last 24 hours
Full-timeSingaporeNo salary listedIn-person

About the Job

Requirements

  • A bachelor's degree or equivalent professional qualification in accounting, finance, business, or a related discipline.
  • At least 15 years’ experience in internal audit, risk, assurance and/or professional services within complex organisations, preferably including substantial experience in insurance or financial services and in a senior leadership capacity.
  • Strong understanding of the insurance industry, governance, risk management and internal controls, together with sound knowledge of the Singapore financial services regulatory environment and relevant regulatory expectations.
  • Excellent written and verbal communication skills, strong boardroom presence, sound judgement and discretion, with the ability to influence and constructively challenge senior stakeholders and present audit matters effectively to the Audit Committee, senior management and regulators.
  • Strong people leadership skills, with the ability to set clear expectations, coach and develop talent, drive accountability, and build an effective and high-performing audit team.
  • Excellent analytical and problem-solving skills, with the ability to make sound, risk-based decisions in complex situations.

Responsibilities

  • Lead the development and ongoing assessment of the risk-based Internal Audit strategy and annual audit plan for Singapore and Brunei, taking into account business strategy, the company’s risk profile, emerging risks, regulatory developments and expectations of the Audit Committee.
  • Oversee execution of the Internal Audit plan, ensuring engagements are appropriately planned, scoped, resourced, supervised and delivered in accordance with the GIA Charter, GIA Manual and applicable professional standards.
  • Ensure audit conclusions and ratings are supported by sufficient and appropriate evidence, significant matters are escalated promptly, and reports communicate clear, balanced and actionable insights. Assess whether management actions adequately address the risks identified and oversee GIA’s independent validation of issue closure.
  • Maintain a strong understanding of AIA’s business, strategy, technology environment and evolving risk profile, and recommend audit plan updates as required.
  • Provide the Audit Committee, Group Head of Internal Audit and senior management with an independent and holistic view of the adequacy and effectiveness of governance, risk management and internal controls, including significant and emerging risks and thematic issues identified through GIA activities.
  • Report regularly to the Audit Committee on delivery of the audit plan, significant audit findings, overdue management actions, thematic issues, changes in the risk environment and other matters relevant to the Audit Committee’s oversight responsibilities.
  • Maintain an effective relationship with MAS and other relevant regulators on Internal Audit matters, including responding to regulatory enquiries and requests relating to GIA.
  • Lead and develop a multi-disciplinary Internal Audit team, including business audit, technology audit and data analytics capabilities, with clear focus on talent development, succession planning, quality, and collaboration.
  • Build and maintain trusted and effective relationships with the Audit Committee, senior management, and other key stakeholders, while safeguarding GIA’s organisational independence and objectivity. Exercise independent professional judgement and provide constructive challenge where appropriate.
  • Champion the effective use of data analytics, automation, continuous auditing and emerging audit techniques to enhance audit quality, effectiveness and efficiency.
  • Contribute to GIA strategic and Group-wide initiatives and collaborate with peer audit leaders and specialist teams on thematic and other assurance activities as required.

Desired Qualifications

  • CIA, CA, CPA, ACCA or other relevant professional certifications are highly desirable.
  • Substantial experience in insurance or financial services is preferred.

About the Company

AIA Group

Pan-Asian life insurance provider

AIA Group provides life insurance and related financial protection across Asia. It sells life insurance, protection, and long-term savings products to individuals and groups, paying benefits and claims when needed. It differentiates itself with a pan-Asian footprint across 18 markets, long-standing customer and agent relationships, and a strong focus on environmental, social, and governance practices. Its goal is to be a leader in ESG while helping millions live Healthier, Longer, Better Lives and creating long-term value for stakeholders.

Company size
10,001+
Company stage
Not listed
Total funding
$618.7M
Headquarters
Central and Western District, Hong Kong
Founded
Not listed

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