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144 Future Generali India Life Insurance Jobs

AM/DM - Compliance

4-9 years

₹ 4.2 - 13.6L/yr (AmbitionBox estimate)

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This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Navi Mumbai, Thane, Mumbai

1 vacancy

AM/DM - Compliance

Future Generali India Life Insurance

posted 6mon ago

Job Role Insights

Flexible timing

Job Description


Role & responsibilities


  • Ensuring timely and accurate submission of reports to Statutory Authorities (IRDAI, GIC, IIB etc.). Maintaining proper record of correspondance to and from Statutory Authorities including Policy/SOP tracker. Regular co-ordination with the internal departments for timely submission of Adhoc and Regular reportings of statutory Authorities.

  • Keeping track and circulations of regulatory updates and notifications by Authorities (IRDAI, GIC, IIB ), ensuring timely broadcast of the regulatory circulars/notifications. Ensure timely preparation of gap analysis from the regulatory circular and track implementation of the regulatory compliance requirement and pursue the same with stakeholders for completion

  • Regular update new regulatory submission and update certification checklist for new circulars/guidelines certification basis on the FG compliance monitoring tool within the quarter and review and update the same in Regulatory return framework on monthly basis and circulate the same as and when required.

  • Timely review of advertisements, Marketing collaterals/Product documents, scripts, policies, SOPs from Compliance angle.

  • Providing data to Internal Audit etc. as well as external agencies such as Statutory & Secretarial Auditors from time to time and processing the payment of vendors petaining to Compliance function and IRDAI renewal payment and support in IRDAI inspection including coordination for timely logistical and data arrangent

  • (i) Assisting in customization and localization of the Asia product Framework
    (ii)perform the related second level controls as per the Control Testing Plan timelines and document them in the GRC within such timelines; agree mitigation actions and timelines with the onwers, where necessary
    (iii)Assessment of local regulations, in order to evaluate their adherence to Group standards following the Group Compliance Operating Model (i.e. GIRS self-assessment on Compliance Policies and Guidelines)
    (iv) Group Standards/Common activities: perform the activities provided by the Group Compliance Operating Model in alignment with Group/ICT/Regional directions (added from Tone from the Top & Ethics) and participate in the Ethical Culture Evaluation Index and improvement actions
    (v) keep the integration plan activities on track.

Qualification and Experience Requirement

Education :


Any graduate with 7 to 10 years experience in General Insurance Company(CS /LL.B degree preferable) having knowledge and experience of regulatory submissions, knowledge of insurance circulars/regulations/guidelines

Experience :

7 to 10 years experience in General Insurance Company



Employment Type: Full Time, Permanent

Functional Areas: Pharma/Healthcare

Read full job description

Future Generali India Life Insurance Interview Questions & Tips

Prepare for Future Generali India Life Insurance Assistant Manager roles with real interview advice

Top Future Generali India Life Insurance Assistant Manager Interview Questions

Q1. How you will recruit business partners or advisors ? There is lots of competition in the market what are the specific talent you have that a ... read more
Q2. What is traditional plans and types of traditional plans?
Q3. Future Generali is a small brand and selling is not easy here.How would u do that?
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What people at Future Generali India Life Insurance are saying

3.6
 Rating based on 43 Assistant Manager reviews

Likes

On time salary

  • Salary - Good
Dislikes

Throughout my tenure, I encountered significant challenges in communication and collaboration. My manager often demonstrated a lack of respect and support, which severely impacted team morale and productivity. Constructive feedback and efforts to address these issues were met with dismissiveness and, at times, overt hostility.

  • Job security - Poor
  • +3 more
Read 43 Assistant Manager reviews

Assistant Manager salary at Future Generali India Life Insurance

reported by 192 employees with 1-16 years exp.
₹3.5 L/yr - ₹13.6 L/yr
7% less than the average Assistant Manager Salary in India
View more details

What Future Generali India Life Insurance employees are saying about work life

based on 1.7k employees
56%
61%
53%
99%
Flexible timing
Monday to Friday
Within city
Day Shift
View more insights

Future Generali India Life Insurance Benefits

Submitted by Company
Job Training
Health Insurance
Soft Skill Training
Work From Home
Submitted by Employees
Job Training
Health Insurance
Soft Skill Training
Work From Home
Team Outings
Education Assistance +6 more
View more benefits

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Future Generali India Life Insurance Mumbai Office Locations

View all
Mumbai Office
Indiabulls Finance Centre, 6th Floor, Tower 3, Senapati Bapat Marg, Elphinstone West Mumbai
Maharashtra 400013
Mumbai Office
Future Generali India Insurance Co Ltd., Indiabulls Finance Centre, Tower 3, 6th Floor, Senapati Bapat Marg, Elphinstone (W), Mumbai - 400 013. Mumbai
400013

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