The Internal Control Reserch Of A Life Insurance Company

The insurance industry as a special industry business risk, more than thirty years since the reform and opening up, China’s life insurance industry has made considerable progress, provide powerful guarantee for economic development and social harmony. With the rapid development of China’s life insurance companies, the high risk, social, long-term characteristic have become increasingly prominent, the existence and development of insurance risk management for life insurance industry is extremely important, strengthen and improve the internal control has become an important subject of enterprise management reform at home.Research on the internal control, international organizations, government departments, regulatory agencies and consulting company have established a series of guiding enterprise internal control construction documents. Internationally, USA COSO Committee has issued "internal control integrated framework","risk management" integration framework, has formed a relatively complete theoretical system, and promote the further development of the internal control practice, globally produced extensive and profound influence. With the risks of life insurance companies in China continue to increase, China’s government and the relevant regulatory authorities also continue to strengthen the construction of life insurance company internal control requirements, the internal control has become the basic activities of life insurance companies in China, it can help the management legal compliance, asset security, financial reports and related information integrity, improve the efficiency and effectiveness of operation, promote the company development strategy. Internal control through the development and implementation of a series of systems, procedures and methods within the company, the business risk dynamic process and mechanism to prevent, control and ex post evaluation. China Life Insurance Company internal control theory research started relatively late, and the lag in the internal control construction practice. In recent years, our insurance company has also done a lot of research on the aspects of strengthening the construction of internal control.This paper uses comparative analysis and empirical analysis of research methods, combined with the COSO theory, to study the internal control of A life-insurance company, through the company’s internal control framework system in the internal environment, risk identification and assessment, control activities, information and communication, monitoring the content of the five part carries on the comprehensive analysis, at the same time, find out the existing internal control in the process of problem, put forward constructive views and suggestions. Including the improvement of the internal control environment of A life-insurance company, in view of the deficiency of control activities put forward some strengthening, improve sales control, underwriting, claims, maintenance control, financial control, financial control, and to establish evaluation personnel mechanism of internal control, improve the risk mechanism of accountability, strengthen supervision and management of the key staff of abnormal behavior the optimization suggestions, internal control system construction.