Compliance Specialist

6 days ago


Gurgaon, Haryana, India beBeeRegulatory Full time ₹ 30,00,000 - ₹ 80,00,000

At Policybazaar, we're revolutionizing the insurance market in India. Our journey began in 2008, and by 2018, we became the third unicorn in India. Today, we're one of the most valuable insurtech companies globally. We deploy cutting-edge technology, use advanced data analytics, and leverage AI/ML to offer customer-centric products optimized for customer journeys and superior customer experiences across the insurance value chain.

We've had a major influence on how protection insurance products are bought in the country and are responsible for sourcing a significant portion of the market in term and health insurance. In FY25, we sourced over ₹23.5K crores of premium and have been growing at 44% CAGR for the last five years. We have 10Cr+ registered users and have provided insurance to 2Cr+ people. We lead the industry with a 93% market share of the online aggregator market.

Job Description

This role involves end-to-end contract management, vetting, negotiating, and executing agreements, including strategic agreements. It requires maintenance and regular review of all executed agreements with renewal follow-ups with business teams. The ideal candidate will design, implement, and lead a compliance framework for the organisation. They will also keep track of regulatory developments impacting the organisation and ensure that all requirements are duly implemented in the organisation.

Responsibilities
  1. End-to-end contract management, vetting, negotiating, and execution of agreements, including strategic agreements.
  2. Maintenance and regular review of all executed agreements with renewal follow-ups with business teams.
  3. Design, implement, and lead a compliance framework for the organisation.
  4. Keep track of regulatory developments impacting the organisation and ensure that all requirements are duly implemented in the organisation.
  5. Ensure senior management remains informed of regulatory, legislative, and best-practice changes and their obligations under these changes and how they impact the group.
  6. Provide regular reports to management and other relevant bodies detailing any current issues or information as required.

The ideal candidate should have outstanding communication skills, be self-starting with an ability to meet deadlines in a competitive environment. They should also have experience working in the legal compliance department of regulated entities and hold LL.B mandatory/CS added advantage.

Qualifications

LL.B (mandatory)/ CS (added advantage)

Experience

4-6 years of experience working in the legal compliance department of regulated entities. Ability to meet deadlines in a competitive environment.

Benefits

Attractive salary package and benefits offered to successful candidates. Career growth opportunities within the organization.

Others

The role involves frequent interactions with internal stakeholders, including senior management and business teams. The ideal candidate should be able to communicate effectively and build strong relationships with team members. They should also be able to adapt to changing priorities and work in a fast-paced environment.

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