Survey of Internal Auditing in the Life Insurance Industry |
Contents
THE LIFE INSURANCE INDUSTRY | 8 |
THE INTERNAL AUDITING PROGRAM | 17 |
INVESTMENTS | 24 |
Copyright | |
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Common terms and phrases
ACCOUNTS PAYABLE accuracy actuarial department adequacy administration agency amounts annuity applied assigned AUDIT AND CONTROL basis beneficiary billing Board of Directors calculations cash claimants company operations company policies Confirm compliance conform with company consideration contract cover coverage death departmental management detailed determine developed dividend effective endorsements on checks escrow examination field audit field offices field representative funds government bonds group insurance department group policies handled health and accident independent public accountants individual Institute of Internal insurance auditors insurance company INSURANCE INDUSTRY internal auditing activities internal auditing department internal auditing program internal control investment large companies large insurance line function loan correspondents mail desk matters ment non-auditing objective operating department Operational audits organization pany POLICY LOANS policyholders pre-auditing premium income procedures recommendations rental Research Committee Report review and appraise scope securities SETTLEMENTS AND CLAIMS specified Statement of Responsibilities surance ternal auditor tion trustee usually verification vidual