Bajaj Allianz - Senior Manager - Legal & Compliance - LLB

Designation: Senior Manager - Legal & Compliance

Function/ Dept.: Legal & Compliance Department.

Location: Pune (Mah)

Primary Profile

Compliance:

- Regulatory Compliances, update, follow up on assigned issues

- Compliance review of various activities and processes

- Liaise with the regulator for resolving day-to-day issues faced by various departments in disposal of their function

- Handling of onsite inspections conducted by IRDAI end-to-end

- Ensuring ongoing implementation of Corporate Governance guidelines, Outsourcing regulations, Advertisement guidelines, various Insurance intermediary regulations, Distance Marketing Guidelines

- Responding to Regulator from time to time and analysis of various inputs received from the respective teams.

- Drafting communications (both internal & external)

- Drive compliance initiatives like compliance monitoring, compliance certification

- Candidate should be well versed with IRDAI regulations and circulars

- Anti-Money Laundering and other Policy(s)

- Group Compliances of the Company

- Responsible for follow up and closure of the assigned issues

- Preparation of MIS and maintenance of records

- Maintaining an awareness of emerging regulatory requirements and guidance

- Analyzing legal and compliance requirements.

- Verifying Processes and SOPs of the said respective arrangement.

- Should be able to analyze the risk mitigation & due diligence requirement

Core Competencies required for the role/profile :

- Excellent Knowledge of Laws, process & procedures especially insurance law.

- Excellent drafting skills

- Good negotiation and people-handling skills to ensure smooth interaction with the regulator

- Good Analytical Skills and knowledge of Computers, MS-Office and Internet. Advance level of expertise in MS Excel is preferred.

- Willingness and ability to coordinating with Branches, Depts., teams, entities as per requirement and Liaisoning skills.

- Willing to Travel, as and when required.

- Fluency in English, Hindi and any other regional language (required).

Additional Value Addition:

- Knowledge of Risk Management.

- Experience in Compliance.

Age : 28-35 (Male/Female)

Educational Qualifications:

LLB from reputed University with relevant minimum experience of 6-10 years.

Selection Procedure :

2/3 Rounds to Personal Interview and discussion and any other scale of review as found required during the interview.