Compliance Manager

Job Description – Compliance Manager
Position: Sr. Compliance Manager
Location: Pune
Role Overview:
The Compliance Manager will be responsible for ensuring that the company adheres to all
applicable insurance laws, regulations, and internal policies. The role involves monitoring
regulatory changes, implementing compliance programs, conducting risk assessments, and
providing strategic legal guidance to mitigate compliance risks.
Key Responsibilities:
Regulatory Compliance & Risk Management:
- Monitor, interpret, and ensure compliance with all applicable insurance laws, regulations, and
guidelines issued by regulatory bodies (e.g., IRDAI, SEBI, RBI, or other relevant authorities).
- Develop, implement, and oversee compliance policies, procedures, and frameworks to align
with industry standards and company objectives.
- Conduct regular risk assessments and implement mitigation strategies to minimize legal and
regulatory risks.
- Ensure timely reporting and filings with regulatory authorities.
Policy Implementation & Internal Controls:
- Draft, update, and implement compliance policies and standard operating procedures (SOPs) in
line with regulatory requirements.
- Conduct internal audits and compliance reviews to assess adherence to policies and
recommend corrective actions.
- Work closely with business teams to ensure that new products, processes, and initiatives
comply with regulatory requirements.
Training & Awareness:
- Develop and conduct compliance training programs for employees to enhance awareness of
regulatory obligations.
- Provide advisory support on compliance-related matters to internal stakeholders, including
senior management.
Regulatory Engagement & Reporting:
- Act as a liaison between the company and regulatory bodies, responding to queries and

ensuring smooth communication.
- Prepare and submit regulatory reports, disclosures, and compliance certifications.
- Keep the leadership team informed about regulatory developments and compliance risks.
Investigations & Incident Management:
- Conduct internal investigations related to compliance breaches and recommend appropriate
actions.
- Handle customer complaints, fraud investigations, and whistleblower cases in accordance with
regulatory protocols.
Qualifications:
- Bachelor’s or Master’s degree in Law (LL.B./LL.M.), Finance, Business Administration, or a
related field.
- Certifications in Compliance, Risk Management, or Corporate Governance (e.g., CCEP, ICA,
CRCM) are a plus.
Experience:
- 10-12 years of experience in Compliance, Legal, or Risk Management roles within the insurance
or financial services industry.
- Strong understanding of insurance regulations, corporate governance, and risk management
frameworks.
- Experience working with regulatory bodies and handling audits, inspections, or investigations.
Skills & Competencies:
- In-depth knowledge of insurance laws, IRDAI guidelines, AML regulations, and corporate
governance principles.
- Strong analytical, problem-solving, and decision-making abilities.
- Excellent communication and stakeholder management skills.
- Ability to work independently and collaboratively in a fast-paced environment.