Regulatory Compliance Manager
1 week ago
Duties and responsibilities :-
- Attend to Business queries from IRDAI perspective, if any
- Assist in ensuring implementation of various circulars issued by IRDAI, CERSAI and other regulatory bodies.
- Assist in ensuring compliances with respect AML as are applicable to General Insurance Companies in India.
- Review the various arrangements of Company from Outsourcing perspective and carry out other compliances as are applicable under extant Outsourcing guidelines issued by IRDAI.
- Review the Policies/SOP's of the Company in line with extant regulatory requirements.
- Assist in Inspections, seek requisite data from respective departments, seek responses to observations, if any.
- Handle external and internal stakeholders such as Statutory Audit, Internal Audit from compliance perspective.
- Assist in conducting Compliance Testing/assurance, identify gaps, if any and suggest corrective actions for the same.
- Update, maintain and review the Compliance tracker.
Competencies :
Excellent knowledge of IRDA Regulations, Acts, Process & Procedures applicable to General Insurance Companies
Collaboration
Stakeholder Management
Qualification & Experience :
Company Secretary, Certifications / Fellow ship in Insurance would be an added advantage
Overall experience of 6+ years experience in Insurance sector.
Skills :
Analytical Skills,
E-mail Drafting
Excellent knowledge of MS-Office applications
Planning and Organizing skills
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