HO Product Team

7 hours ago

Mumbai, Maharashtra, India Kotak Mahindra Bank Full time

Role: Product Compliance - Life & General Insurance

JOB DESCRIPTION

  • Responsible for all compliance, regulatory, policies and processes as applicable.
  • Implementing and managing the compliance framework of the company.
  • Identify root causes of non-compliance events. Provide recommendations on corrective actions.
  • Identify various risks and prepare the risk framework of the company. Evaluate the implementation and make changes as appropriate to the risk framework.
  • Prepare reports outlining recommendations for improvements.
  • Design action plans to ensure robust compliance.
  • Maintain appropriate records.
  • Coordinate, prepare, or review regulatory documents or submissions.
  • Co-ordinate with the Regulatory authorities when required
  • Keeps oneself updated on best practices and high on Market intelligence.
  • Having good knowledge and process understanding of Insurance business
  • Should be able to work as a team player with other functions.
  • Well versed with IRDAI Corporate Agency Regulations 2015 & other relevant Guidelines.

Job Role

  • Annual and quarterly submissions to IRDAI and reporting the respective data.
  • Handling IRDAI Inspections and various audits external and internal.
  • Dissemination of daily regulatory circulars to respective stakeholders, assisting them in implementation and monitoring until compliance.
  • Ensure acquiescence with compliance standards and regulatory requirements
  • Handling ad-hoc regulatory compliance filings for Corporate Agency.
  • Empanelment documentation and compliance with Insurers and other respective authorities.
  • Monitor all regulatory changes IRDAI / SEBI / RBI on regular basis and advise the concerned
  • Departments for implementation and monitoring.
  • Handling grievances /complaints filed by Clients
  • Preparation of various Compliance MIS.
  • To advise various departments across the company on compliance issues raised by them.
  • Drafting / vetting of policies, agreements and contracts involving various regulations and acts.
  • Liasioning with IRDA officials for various approvals
  • Suggestion on improvement and automation of processes and innovative ideas to improve the services.
    • Critical Competencies
    • Having good knowledge and process understanding of Insurance Business, Analytical Skills, Domain Knowledge, Excellent Co-ordinating Skills, Project Management capabilities, Exposure to interact with Statutory Authorities and Problem Solving.
      • Key Interactions
      • Sales and Distribution Team, LI Product Team, Process, Ops, Underwriting, Marketing, IT and External Authorities
        • Measures of success
        • Quantity – Zero Non-Compliance
        • Quality – Ensure acquiescence with compliance standards and regulatory requirements

  • Rcu Ho Process Team-comm. Bank Ho

    3 days ago

    Mumbai, Maharashtra, India Kotak Mahindra Bank Full time

    Job Category KMBL Degree Level Bachelor s Degree Position Name - CB RCU Investigation analysis RCU HO - Team member - M3 M4 LOB Code - 0441 CC Code - 0177 LOB Name - SUPPORT SERVICES CC Name - Operations Activity Name CB RCU Investigation 1 Investigation of staff accountability cases RFA cases and various other Referred investigations 2 ...

  • HO Product Team

    2 weeks ago

    Mumbai, Maharashtra, India Kotak Mahindra Bank Limited Full time

    Job DescriptionDepartment Kotak Mahindra Bank LimitedLocation Kotak Bank - infinityNumber of Positions 1Position Grade M5/M6Job Name Channel Lead- Investment Product. Managing internal bank channels: Affluent Segment, Branch banking, 811, SKY channel for adoption and driving sales for investment products.. Responsible for annual budget setting as per Channel...

  • HO Product Team

    3 days ago

    Mumbai, Maharashtra, India Kotak Mahindra Bank Limited Full time

    Job Description- Ensure timely & accurate reporting of all business and product MIS- Collecting information from different stakeholders, preparation of MIS on transactions and performing reconciliation activities- Designing dashboards depicting business insights to management- Analyzing and highlighting various trends, anomalies and issues observed in...

  • HO Product Team

    2 days ago

    Mumbai, Maharashtra, India Kotak Mahindra Bank Full time

    Role: Product Compliance - Life & General InsuranceJOB DESCRIPTION- Responsible for all compliance, regulatory, policies and processes as applicable.- Implementing and managing the compliance framework of the company.- Identify root causes of non-compliance events. Provide recommendations on corrective actions.- Identify various risks and prepare the risk...

  • 15h Left: HO Product Team

    3 days ago

    Mumbai, Maharashtra, India Kotak Mahindra Bank Limited Full time

    Job Description- Responsible for transforming complex data into actionable insights that drive strategic decisions, enhance product performance, and support portfolio analysis. This role involves close collaboration with investment, alliance, product, and data engineering teamEnsure timely & accurate reporting of all business and product MIS- Reporting...

  • Rcu Ho Process Investigator

    2 days ago

    Mumbai, Maharashtra, India beBeeAnalytical Full time ₹ 50,00,000 - ₹ 1,00,00,000

    Job Title: Rcu Ho Process TeamAbout the RoleThe successful candidate will be a key member of the Investigation and Analysis team, responsible for investigating staff accountability cases, business process issues, and other referred investigations.The role involves drafting investigation reports, following up with stakeholders for staff action, and generating...

  • Product Manager

    2 days ago

    Mumbai, Maharashtra, India Team Computers Full time

    Position: Product Manager - Cyber SecurityLocation: Mumbai & DelhiIndustry: IT SoftwareExperience Required: 8+YearsKey Responsibilities:Define and own the product vision, strategy, and roadmap for cybersecurity offerings.Conduct market research, competitive analysis, and customer feedback to identify trends, threats, and opportunities.Translate business...

  • Regional Product Manager

    2 weeks ago

    Mumbai, Maharashtra, India Team Computers Full time

    Position: Regional Product Manager - HPE Location: Mumbai Industry: IT Services Experience Required: 7 - 10 Yrs No. of opening: 1 We have an Opening for Regional Product Manager - HPE Job Description: •(KRA/KPI's) for Regional Product Manager - HPE - Entire HPE Portfolio Server Storage and Networking, DC  Opportunities and lead generation from Vendors...

  • Regional Product Manager

    4 days ago

    Mumbai, Maharashtra, India Team Computers Full time

    Position: Regional Product Manager - HPE Location: Mumbai Industry: IT Services Experience Required: 7 - 10 Yrs No. of opening: 1 We have an Opening for Regional Product Manager - HPE Job Description: •(KRA/KPI's) for Regional Product Manager - HPE - Entire HPE Portfolio Server Storage and Networking, DC  Opportunities and lead generation from Vendors...

  • Regional Product Manager

    3 weeks ago

    Mumbai, Maharashtra, India Team Computers Full time

    Position: Regional Product Manager - LenovoLocation: MumbaiIndustry: IT Hardware & NetworkingExperience Required: 7 to 10 yrWe have an Opening for Regional Product Manager - LenovoMin year of Exp:- 7 to 10 yrNo. of opening: 1Location :- MumbaiJob Description:•(KRA/KPI's) for Regional Product Manager - Lenovo - Entire Lenovo Portfolio (ISG/CSG)...