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Insurance Regulatory Specialist
2 weeks ago
Job Role:
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- Ensure compliance with regulatory standards and requirements.">
- Coordinate annual and quarterly submissions to relevant authorities.">
- Handle inspections, audits, and ad-hoc filings for corporate agencies.">
- Disseminate daily regulatory updates to stakeholders and assist in implementation and monitoring.">
- Advise departments on compliance issues and prepare reports outlining recommendations for improvement.">
- Prepare Compliance MIS and liaise with regulatory officials.">
- Monitor regulatory changes and suggest process improvements.">
- Handle grievances and draft policies, agreements, and contracts involving regulations.">
Key Requirements:
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- Strong knowledge of insurance business, analytical skills, domain expertise, excellent coordinating skills, project management capabilities, and problem-solving abilities.">
- Good communication and interpersonal skills.">
- Ability to work as a team player with other functions.">
- Well-versed in IRDAI Corporate Agency Regulations 2015 and other relevant guidelines.">
Measures of Success:
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- Quantity: Zero Non-Compliance">
- Quality: Ensure compliance with regulatory standards and requirements">
