Senior Executive - Compliance (Off-Role)

A. Position Summary: We need candidates who have dealt with regulations IRDAI. Candidate should have worked for the regulatory framework in other Insurance companies (preferably in Life Insurance). Candidate should have fair understanding and knowledge of Regulatory requirements with regards Insurance domain, applicable acts, laws, regulations etc.

B. Key Responsibilities:

Regulatory Compliance:
â. Assist and ensure timely implementation and ongoing compliance of various IRDAI regulations or guidelines.
b Support to obtaining IRDAI Approvals Branch opening, licenses, referrals, etc.
Timely tracking and reporting of regulatory filings. Filing of advertisement material with IRDAI and maintenance of advertisement register.

Vendor due diligence:
â On-boarding of vendors (outsourced and non-sourced) post completion of compliance related
documents and requirements.
b. Review and approve vendor due diligence cases and maintenance of tracker.

Support to Business:
a. Provide guidance and solutions to business on compliance / regulatory matters.
Sign offs on Marketing material, training material, policies & procedures, customer and internal
communication, new business initiatives etc.
b. Queries from field on matters related to KYC, third party payment, PAN, Gifts and Entertainment, etc.
c. Ensure timely Publication of shareholder reporting. Supporting Secretarial team with timely publication of Board Meeting data. Preparation and Updating of various compliance policies and procedures like Anti Bribery, Trading Guidelines for Personal Investments, Anti Money Laundering (AML), Gifts an Entertainment, etc.
d. Managing Restricted List, pre-clearance trading approvals and quarterly declarations with
respect to Personal Trading Guidelines.
e. Adherence for various organizational communications on compliance policies as per schedule. Conduct Trainings related to Anti Bribery and other Compliance trainings.