The insurance industry has had to develop to deal with the changing circumstances of the current business paradigm. With continual changes to regulation and ever increasing demands on the insurance industry, firms are reviewing their control environment to ensure that a suitable and robust system of controls is implemented effectively.

The role of internal audit within the insurance industry is increasingly at the forefront of these developments. With the dual drivers of corporate governance and regulation, senior management and other stakeholders are looking to internal audit to provide a higher level of service to provide the level of assurance required to meet these challenges.

This course systematically considers the risks and controls that are appropriate within the insurance industry and designs internal audit approaches that are suitable to meet these demands. Through a series of practical case studies and the discussion of key issues, delegates will build a series of internal audit programs which will be directly applicable to their institutions and can be used in practice.       

Prerequisite: Basic knowledge of the operation of insurance companies and the role of internal audit.
Advanced Preparation: None
Learning Level: Intermediate
Field: Auditing
Delivery Method: Group-Live