IRDA Compliance

To monitor compliance framework of the Company and give assurance to the management that all the relevant circulars/guidelines issued by IRDA are being complied with

Regulatory Compliance (other than AML)

- Ensure Advertisement compliance

- Participate in the initial discussion on Product concept, product approval process- meetings, discussions

- Review of Policy bond against the regulatory compliance checklist

- Reviewing technical brochures, F&U documents

- Participating in the Approving advertisement, finalise disclaimers on the advt.

- Ensure Filing of annual advertisement certificate with IRDA

- Tele script approval

- Training material approval

- Implementation and Review

- Interpretation of IRDA circulars, guidelines, notifications

- Dissemination of Act, Regulations, Circulars to the concerned stakeholders

- Preparation of process note

- Advisory piece

- Presentation to the stakeholders

- Changes to be incorporated in the existing SOP of concerned team to incorporate the said guideline

- Ensure quarterly submission of compliance certificates (E-score)

- Life Council, IRDA visit paper preparation

- To draft notes for the meetings

- Assimilation of all agenda papers received from the council

- Co-ordinate with Life Council, GBIC for getting the agenda items

- Analysing each of the items and preparing an extract and compiling our views

- Ensure renewal of IRDA registration license

Experience/ Qualification

2- 3 yrs of IRDA compliance in Life/ General Insurance, any graduate with LAW degree is desirable

Please send your resume to talentleads@gmail.com