Research On Improvement Of Internal Control System Of Life Insurance Weinan Branch

With the rapid development of society and the continuous improvement of people’s lives,people’s awareness of risk aversion insurance has been continuously enhanced,which has promoted the rapid development of the insurance industry.The development of the insurance industry promotes the development of the financial industry and promotes the development of the society and the economy.The development of society and economy is a strong guarantee for the development of the insurance industry and forms a virtuous circle.The life insurance industry,as a large share of the insurance industry,has a large premium income,and has a large capital scale,faces great challenges.The company’s reasonable and effective development is inseparable from internal control.Due to the special nature of life insurance companies’ business,it is increasingly important to continuously strengthen and improve the internal control system of life insurance companies.In order to adapt to the development of society,internal control needs to be constantly updated and modified.Life insurance companies have also made a lot of efforts and explorations in internal control.However,in order to adapt to the new economic environment and meet the growth of business scale,the internal control system needs continuous research and practice.This paper uses literature research method,field survey method,questionnaire survey method and other methods to carry out internal control research on Life Insurance Weinan Branch.In view of internal control problems,an optimization and improvement plan is proposed.Starting from the "Internal Control-Integration Framework(2013 Edition)" proposed by the COSO Committee and "Evaluation Methods for the Internal Control of Life Insurance Companies" and "Basic Standards of Internal Control of Insurance Companies" issued by the CBRC,the form of questionnaires and the author’s field practice Experience,combined with the actual company situation of Life Insurance Weinan Branch,analyze the company’s current situation from the five elements of risk assessment,control environment,information and communication,control activities,internal supervision,and internally from the unit and CBRC,the form of questionnaires and the author’s field practice Experience,combined with the actual company situation of Life Insurance Weinan Branch,analyze the company’s current situation from the five elements of risk assessment,control environment,information and communication,control activities,internal supervision,and internally from the unit and business levels.The problems of the control system are analyzed,and optimization and improvement are carried out.The optimization measures are mainly displayed using flowcharts and risk matrices.In order to ensure the effective implementation of the internal control system,a series of safeguard measures are proposed,and conclusions and conclusions are finally concluded.This paper studies combining the basic theory of internal control with the actuality of Life Insurance Weinan Branch to arrive at a scientific internal control system and internal control design ideas suitable for the company.It is hoped that it can help and draw lessons from the construction of the internal control system of other life insurance companies in China.