Intern, Internal Audit

About The Team

Internal Audit's purpose is to strengthen the Singapore Life Holdings Pte. Ltd. and its subsidiaries (the 'Group') ability to create, protect, and sustain value by providing the Board, Audit Committee (AC) and Senior Management with independent, risk-based, and objective assurance, advice, insight, and foresight. Internal Audit (IA) does this by evaluating the adequacy and effectiveness of the governance, risk management and control processes including compliance with laws and regulations, and adherence to established policies. It also assesses whether significant risks are appropriately identified, adequately managed, and appropriately reported by the management and Risk function.

This Audit Team Member role is to support the IA team in the fulfilment of the mandate in the Audit Charter authorised by the AC.

Focus Of The Internship

This internship is designed to support Internal Audit to validate key processes, risk and controls of area under review; analyse data to for greater assurance and efficiency. The intern will work on a specific audit and develop an understanding of the insurance company.

Key Responsibilities

Participate in audit engagements covering the audit cycle end-to-end (i.e. planning, fieldwork and reporting).

Identify risk and control deficiencies and areas for improvement in the operation of the business area being audited.

Perform data analytics where required to identify trends and outliers

Deliver working papers to justify audit conclusion

Communicate audit issues and results concisely and succinctly to management

Adhere to the internal audit methodology requirements

Contribute to wider IA initiatives and additional designated roles if/where appropriate or assigned

Key Learnings

Develop an in-depth understanding of internal audit activities including identification of risk and controls.

Unique opportunity to get insight into key business areas of an insurance company or financial advisor (FA) firm.

Enhance professional and soft skills: communication, teamwork, project management, negotiation and problem-solving in a dynamic business environment.

Education & Experience Requirements

Currently pursuing a Bachelor's or Master's degree in business or finance related discipline, e.g., Accounting, Risk, Data Analytics.

Interest in insurance, risk and compliance related risks

Good written and verbal communication skills

Good analytical skills with risk acumen.

Strong collaborator with good interpersonal skills, an agile team player to adapt to rapidly changing priorities and helpful to support all members of the Internal Audit function

Good knowledge of Word, Excel and PowerPoint is advantageous.