
The Cigna Group
Head of Internal Audit
- Permanent
- Riyadh, Saudi Arabia
- Experience 5 - 10 yrs
Report job as expired
Job expiry date: 19/08/2025
Job overview
Date posted
05/07/2025
Location
Riyadh, Saudi Arabia
Salary
SAR 40,000 - 50,000 per month
Experience
5 - 10 yrs
Seniority
Director
Qualification
Bachelors degree
Expiration date
19/08/2025
Job description
The Head of Internal Audit at Cigna Worldwide Insurance Company Branch in Saudi Arabia will lead and oversee internal audit operations in compliance with Saudi regulatory requirements. Reporting directly to the CEO and functionally to the Head of International Health Internal Audit, the role includes establishing a high-performing internal audit function, maintaining governance frameworks, and acting as the registered internal audit function holder with the Saudi regulator. The role involves developing and executing a dynamic audit plan, managing co-sourced audit partners, participating in enterprise steering committees, and ensuring coordination across the three lines of defense. The role demands deep knowledge of auditing principles, control frameworks, and preferably, experience with Saudi insurance and healthcare regulations. Strong communication in both English and Arabic, and the ability to navigate complex environments with senior stakeholder engagement, is critical. Hybrid work arrangement is offered with up to 30% annual travel required for audits and internal initiatives.
Required skills
Key responsibilities
- Serve as the registered Internal Audit function holder with the Saudi Insurance Authority
- Ensure all audit activities comply with Saudi governance standards
- Collaborate with International Health Internal Audit on governance and reporting
- Develop annual audit plan based on risk-assessment and regulatory requirements
- Lead full audit engagements including scoping, fieldwork, reporting and follow-up
- Oversee co-sourced audit partners, manage assignments and quality
- Maintain independent relationships with senior business and technology leaders
- Present audit findings to CEO, Audit Committee, and regulatory bodies
- Represent Internal Audit in enterprise operational committees
- Coordinate assurance activities across the three lines of defense
- Provide control and risk mitigation recommendations
- Monitor and verify management remediation of audit findings
Experience & skills
- Minimum 6 years of experience in internal/external audit in insurance or financial services
- Professional certifications such as CPA or CIA preferred
- Deep understanding of auditing principles, standards and frameworks
- Experience with Saudi healthcare and insurance regulations preferred
- Ability to work independently and meet deadlines
- Proven ability to influence senior stakeholders
- Experience managing co-sourcing arrangements and defense models
- Fluent in English and Arabic, with excellent communication skills
- Willingness to travel up to 30% annually
- Team player with flexible schedule