Senior Manager/ Associate Vice President- Regulatory Compliance
5 months ago
Formal Qualifications
- L.L.B. and / or Company Secretary / Insurance Post Graduate / Chartered Accountant /AIII / FIII /Membership of associations such as CIA and CISA
Experience
- Competence in interpreting insurance laws and regulations
- Understanding of insurance industry and regulations
- 5-7 years of relevant work experience in the life /non-life/health insurance industry or regulated financial entity
- Driving discipline of regulatory implementation across business functions
- Driving Thematic Reviews
- Reporting of gaps in regulatory compliances and driving timely closures
- Managing regulatory relationships – internal and external
Specific Responsibilities
- Track regulatory updates on and dissemination
- Advise the business on implementation of new updates or changes in the existing regulations/ circulars/ guidelines etc.
- Monitoring closure of action points related to new development
- Business Advisory, Implementation & Gaps Controls Tracking & Monitoring
- Compliance self attestation from functions through controls monitoring and sample based evidencing
- Record Keeping of all regulatory circulars and correspondences
- Support team members in IRDAI adhoc requirement or queries
- Handling compliances related to Code of Conduct and Advertisements
- Thematic reviews as per compliance calendar and to ensure timely completion of reviews.
- Highlight any exception, non-compliance and potential issues
- Timely monitor and Closure the issues raised in the review report
- Regulatory training to cross functions
- ISO Management
- Support with best business decisions
- Drive to ensure zero regulatory penalties
- Automation/Digitalization
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gurugram, India Aviva India Full timeFormal QualificationsL.L.B. and / or Company Secretary / Insurance Post Graduate / Chartered Accountant /AIII / FIII /Membership of associations such as CIA and CISAExperienceCompetence in interpreting insurance laws and regulationsUnderstanding of insurance industry and regulations5-7 years of relevant work experience in the life /non-life/health insurance...
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gurugram, India Aviva India Full timeFormal Qualifications L.L.B. and / or Company Secretary / Insurance Post Graduate / Chartered Accountant /AIII / FIII /Membership of associations such as CIA and CISA Experience Competence in interpreting insurance laws and regulations Understanding of insurance industry and regulations 5-7 years of relevant work experience in the life /non-life/health...
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Gurugram, India Aviva India Full timeFormal QualificationsL.L.B. and / or Company Secretary / Insurance Post Graduate / Chartered Accountant /AIII / FIII /Membership of associations such as CIA and CISAExperienceCompetence in interpreting insurance laws and regulationsUnderstanding of insurance industry and regulations5-7 years of relevant work experience in the life /non-life/health insurance...
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