
Compliance Manager
4 days ago
Hello,
Greeting from Kotak Life Insurance
Location - Goregaon
Job Role - Regulatory Reporting & Compliance (IRDAI)
Candidate Location - Mumbai preferred
Contact person - Sangita Mandal
Interested candidate can mail their resume at "kli.sangita-"
Key Responsibilities:
IRDAI Reporting:
Prepare and file all mandated IRDAI returns, including financial, solvency, policyholder, and operational reports, within the specified deadlines.
- Ensure the accuracy and completeness of all data submitted in the returns, reconciling with internal financial and operational records.
Liaise with various departments (e.g., Finance, Actuarial, Operations, IT) to gather necessary data and information for reporting.
Regulatory Compliance & Advisory:
Stay updated on all new and amended IRDAI regulations, circulars, and guidelines.
Analyze the impact of regulatory changes on the company's business operations and reporting requirements.
Audits and Inspections:
Respond to queries and data requests from auditors and regulators in a timely and accurate manner.
Internal Communication & Training:
Prepare and present reports to on the company's compliance status.
Qualifications and Skills:
- Education: A Bachelor's or Master's degree in Finance, Law, Commerce, or a related field.
Experience: Proven experience in a regulatory compliance or reporting role within the Indian insurance or financial services sector.
Technical Skills:
In-depth knowledge of the IRDAI Act, 1999, and various IRDAI regulations (e.g., Solvency, Expenses of Management, etc.).
- Proficiency in using regulatory reporting software and tools.
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