Posted By
Posted in
Banking & Finance
Job Code
1086665
The candidate gets to be part of a well funded, emerging market leader in the health-care start-up sector, and will be responsible for ensuring organization compliance with applicable laws, IRDA and other regulatory requirements
Some of the key responsibilities include the following:
- Instituting internal policies and compliance programs effective and efficient in identifying, preventing, and correcting noncompliance with applicable laws and regulations
- Providing guidance, advice and training's on compliance matters
- Interaction with IRDA and other regulatory authorities on compliance
- Developing policies and programs that encourage managers and employees to report suspected fraud and other improprieties, without fear of retaliation
- Coordinating internal compliance review and monitoring activities, including periodic review of departments
- Independently investigating and acting on matters related to compliance
- Respond to alleged violation of rules, regulations, policies and procedures by evaluating or recommending corrective procedures, Develop and oversee a system for uniform handling of such violations
- Monitoring external compliance review processes
Expected Technical skills:
- Qualified compliance professional with 8-15 years of relevant experience, preferably in insurance
- Working knowledge of insurance regulatory acts such as the Insurance Act, 2021, IRDA Act, 2015, and IRDA Health Insurance regulations
- Knowledge of insurance products and services
- P-ast experience handling relationships with Insurance regulators
- Bachelor's degree from a reputed educational institution
Expected Soft skills:
- Quick learner capable of adapting to a high growth environment
- Excellent communication skills, capable of disseminating required compliance knowledge and training
- Ability to minimize conflicts, collaborate effectively, and be inclusive of disparate opinions
- Create an environment of trust to encourage employees to report compliance challenges
- Ability to manage people and situations- attuned to motivating and working well with compliance team members, senior management, and external stakeholders
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Posted By
Posted in
Banking & Finance
Job Code
1086665