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1 Tata AIA Life Insurance Compliance Manager Job
Manager - Compliance
Tata AIA Life Insurance
posted 2mon ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
Providing legal support in product filings - 1. Ensure timely filing of products; 2. Drafting of policy document and related documents; 3. Establish a balance between legally enforceable and plain English/ easy to understand language in the Policy contract; 4. Document the learnings on Policy Contracts; 5. Responding to IRDAI observations and alignment of product documents.
Provide Innovative business solutions and models co-created to enable business growth - 1. Partnering with various functions to implement initiatives and initiate new distribution tie-ups smoothly; 2. Provide effective and well researched legal advice to business. 3. Ensuring effective legal advisory.
Partnering Business in implementing product compliance - 1. Provide legal advice on issues pertaining to implementation of laws through Empowered Working Group; 2. Provide well researched inputs to shape new laws and regulations; 3. Align/vet business process changes.
IFSCA Regulatory Mechanism: Ensure implementation of IFSCA regulations and deploy regulatory compliance framework for IFSC branch of the Company
Drafting agreements/Formulating SOP/Policy/ Process Note - 1. Drafting and vetting of regulatory agreements. 2. Formulation of SOP to streamline processes; 3. Preparation of policies pursuant to regulations/guidelines or internal requirements.
Research: Assist in providing Innovative business solutions and models co-created to enable business growth and provide effective and researched advice to business.
Ethics: Handle ethics engagement initiatives in line with the policies and procedures prescribed by the group office.
Reporting:
o Prepare presentations/ notes for regulatory bodies/ senior management.
o Internal & external reports, excluding regulatory reporting: Assisting in timely submission of reports to senior management, Board, Group/ Joint Venture entities and maintaining records
Assist in formulating SOP/ Policy/ Process Notes pursuant to regulations/ guidelines or internal requirements.
B Organizational Relationships
Reports To
AVP - Compliance - Regulatory
Supervises
NA
C Job Dimensions
Geographic Area Covered
India
Internal Stakeholders
Majorly stakeholders of Head Office and Thane facility
External
Law firms
D Key Result Areas
Organization Process
Key Contributions
Sales
Support sales through legal advisory
Relationship Management
Maintain rapport with stakeholder for smooth closure of projects
Ensure Compliance
Ensure regulatory compliance in product filings, drafting of policies/related documents
Provide advisory in line with extant regulatory framework
MIS
Assist on internal/external reporting (excludes regulatory reporting)
E Skills Required
Technical
Well versed with MS Office
Quick learner for internal mechanism
Behavioral
Motivated and objective driven approach.
Ability to manage time effectively
Focus on quality of work product
Essential
Desired
Interpersonal skills
Communication skills
Creative thinking skills
Supervising/Leadership skills
Teamwork Skills
Influencing skills
Relationship Building skills
Decision making skills
Interpersonal skills
High levels of flexibility, adaptability to manage long hours, working under strict timelines to reach deadlines
F Incumbent Characteristics
Essential
Essential
Qualification
LL.B
-
Experience
Reasonable
-
Age
Reasonable
-
Employment Type: Full Time, Permanent
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People are getting interviews at Tata AIA Life Insurance through
People are getting interviews through
(based on 103 Tata AIA Life Insurance interviews)
Referral
Job Portal
Recruitment Consultant
Walkin
Company Website
Campus Placement
27%
25%
13%
9%
6%
5%
15% candidates got the interview through other sources.
High
Confidence
?
High Confidence means the data is based on a large number of responses received from the candidates.
What Compliance Manager at Tata AIA Life Insurance are saying
Rating based on 1 Compliance Manager
review
Anonymous · Life Insurance
in Mumbai
Likes
Everything is good here
Dislikes
Nothing
Read 1 reviewCompliance Manager salary at Tata AIA Life Insurance
reported by
11
employees
with 7-20
years exp.
₹12.5
L/yr - ₹18.2
L/yr
8%
more
than the average Compliance Manager Salary in India
View more details
What Tata AIA Life Insurance employees are saying about work life
based on 3k employees
Flexible timing
Monday to Saturday
Within city
Day Shift
Tata AIA Life Insurance Benefits
Submitted by Company
Job Training Health Insurance Soft Skill Training 
Cafeteria
Submitted by Employees
Job Training 
Health Insurance 
Soft Skill Training 
Work From Home 
Team Outings 
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Tata AIA Life Insurance Mumbai Office Location
Mumbai, Maharashtra Office
Headquarter
14th Floor, Tower A, Peninsula Business Park, Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra 400013, IN
Mumbai, Maharashtra
400013
400013
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