Compliance Executive

2 weeks ago

Mumbai, Maharashtra, India Kotak Life Insurance Full time ₹ 1,04,000 - ₹ 1,30,878 per year

Greetings from Kotak Life Insurance

Here is an excellent opportunity to get associated with the leading brand.

Interested candidates can email their resumes to or Whatsapp on

PLEASE NOTE THIS IS AN OFFROLL POSITION (TEAMLEASE PAYROLL)

Role & responsibilities

a)Handling and overview of Query of EPF

b)Preparation of UAN data on weekly basis

c)Verification of PF report

d)Follow up with Vendor for Working Preparation

e)Connect with Employees in case of Pension details, Name mismatch and UAN details mismatch

f)Working Validation and to share with Senior for Approval

g)Co-ordinate with Account for Payments

h)Follow up with Vendor for EDLI claim settlement and for documentation with Nominees

i) Monthly Reconciliation with Account Team

j)Handling of Notices under this act

k) Continous follow up with Contingent and Employee to complete aadhar seeding

l)Request approval for JD online

m)Exit date file to Reliable Team

n)IW Return file

ESIC Compliances

a)Handling Query of ESIC on helpdesk and mail as well

b)Preparation of IP Number data on weekly basis

c)Verification of ESIC report

d)Follow up with Vendor for Working Prepration

e)Working Validation and to share with Senior for Approval

f)Co-ordinate with Account for Payments

g)Help employee to get medical expenses with TIC card

h)Monthly Reconciliation with Account Team

i)Handling of Notices under this act

j) Continous follow up with Contingent and Employee to complete aadhar seeding

k)Visit PF office for follow up in Death cases

l)Responsible for Provisional salary - KLIP category

m)ESI NO, UAN NO. and PF No. to be share with Payroll Team

Key Area's

PT Compliances

a)Verification of PT report

b)Follow up with Vendor for Working Prepration

c)Working Validation and to share with Senior for Approval

d)Co-ordinate with Account for Payments

e)Handling of Notices under this act

f)Co-ordinate with Compliance Vendor for Returns and remittance as per applicability

Key Area's

LWF Compliances

a)Verification of LWF report

b)Follow up with Vendor for Working Prepration

c)Working Validation and to share with Senior for Approval

d)Co-ordinate with Account for Payments

e)Handling of Notices under this act

f)Co-ordinate with Compliance Vendor for Returns and remittance as per applicability

Notices Handling and Follow up

a)Keep track on received notices for all statutory Act and other Act

b)Intimation to Compliance Partner on received notices on same day

c)Provide required data to compliance Vendor for notice closures

d)Update Notice tracker on regular basis and follow up with Vendor for closure letter

Preferred candidate profile

Candidate with similar experience.

Western line candidates are preferred.

Perks and benefits

All Saturday off except last Saturday of the month.

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