Abhishek Chandan

• Collaborated with clients in US, UK, and India to execute projects across consulting assignments, including Internal Financial Controls (IFC), control testing, Internal Audit (IA), Enterprise Risk Management, and Standard Operating Procedures engagements
• Managed Risk Management assignment for leading Insurance company in India where he reviewed adherence to regulatory compliance requirements and performed testing of Risk & Control Self Assessment (RCSA) for various departments such as HR, Finance, Claims, Underwriting.
• Executed anti-money laundering (AML) review for leading insurance companies, covering adherence to applicable regulations and guidelines, reporting requirements, documentation, and training requirements.
• Led regulatory reviews which included planning of audit engagement, walkthrough discussions, data analysis, control testing, identified exceptions and provided appropriate recommendations after discussions with relevant stakeholders.

He has conducted various process reviews for core business processes, such as Claims, Underwriting, Human Resource, Customer Grievance Management, and Corporate Governance, for leading insurance companies in India. The approach of risk-based process review from multi-dimensions of regulatory, financial, accounting and client impact included:

• Performing design adequacy testing, testing the operating effectiveness of key controls, and preparing a Risk Control Matrix for key processes.
• Data analysis on the entire population for testing completeness and accuracy.
• Providing gap analysis report with areas of improvement
• I have led Compliance testing assignment for a leading financial servicing client which involved working on designing and assessment of key controls, document testing outcome and discussing and agreeing for testing result with stakeholders.