Posted By
Posted in
Banking & Finance
Job Code
1414869
Key Responsibilities :
- To deal with regulatory matters with respect to company business, working with various regulatory bodies such as IRDA etc and ensuring compliance with all regulatory requirements
- To ensure compliance with regulatory requirements of IRDA / other regulators w.r.t. review insurance products, documents , Marketing and branding activities, Customer / Agents communications, Promotional materials and advertisements, Sales and distribution material, training material / manuals and business processes from compliance perspective.
- To develop and implement systems, processes and controls for IRDA reporting and ensure timely reporting with IRDA and Board as per statutory requirements, including Internal Audit, Statutory Audits
- To review internal processes of all functions such as operations, customer services, claims, underwriting, Provider function, licensing, sales, marketing etc.
- To ensure that the business, its employees and its projects comply with all relevant regulations and specifications
- To provide advice to management and staff on regulatory matters, including anticipated changes to regulatory requirements that will impact Company's business activities and compliance arrangements
- To identify new laws and regulations applicable to the Company and achieve its implementation across the functions.
- To develop and implement compliance systems, processes and controls.
- To provide compliance guidance to various functions on applicable laws and regulations, ethics, and internal standards
- To conduct compliance workshops & training for various functions on applicable compliances as and when required.
- To assist in identification of regulatory risks, implications and recommend actions for mitigating those risks.
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Posted By
Posted in
Banking & Finance
Job Code
1414869