
Centricity - Insurance Compliance Officer
3 days ago
Location : Gurgaon
Experience : 4-8 years
CTC : Negotiable
Industry : Insurance / Financial Services
Employment Type : Full-Time
Job Description :
Centricity is seeking a skilled and experienced Insurance Compliance Officer to ensure ongoing adherence to all applicable laws and IRDAI regulations. The ideal candidate will bring 4-8 years of relevant experience, a strong understanding of compliance frameworks, and a proactive approach to regulatory change and risk management.
Key Responsibilities:
- Ensure company-wide compliance with all applicable IRDAI regulations and insurance laws.
- Develop, implement, and update compliance policies, procedures, and SOPs.
- Track regulatory updates and ensure timely communication and implementation across departments.
- Review and approve marketing materials and collaterals to ensure compliance.
- Conduct internal compliance reviews and audits; identify and address areas of non-compliance.
- Recommend corrective actions and monitor their implementation to ensure timely resolution.
- Prepare periodic compliance reports for senior management and the Board.
- Maintain comprehensive records of compliance activities and dashboards.
- Ensure documentation is audit-ready for inspections by regulators.
- Establish and monitor internal controls to support an effective compliance framework.
- Drive automation initiatives for compliance tracking and alerts to internal stakeholders.
- Stay updated with the latest IRDAI circulars and regulatory changes.
- Prepare presentations and reports for leadership with compliance insights and Bachelor's degree in Law, Finance, or related field (LLB or CS preferred).
- 4-8 years of experience in a compliance role within the insurance or financial services industry.
- Strong knowledge of IRDAI regulations.
- Excellent communication, analytical, and documentation skills.
- Experience with compliance automation and reporting tools is a plus.
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