Senior Manager - Legal & Compliance - Insurance

Sr. Manager - Legal & Compliance

Competencies : Analytical skills, and well versed of relevant IRDAI laws.

Job Description:

- Ensuring submission of all periodical returns as well as Adhoc return to IRDAI/ IIB/GIC. Reviewing of Regulatory returns, adhoc returns to IRDAI and other statutory bodies.

- Approving, reviewing the advertisement related Compliances.

- Uploading of Advertisement on BAP.

- Handling Internal Audit., further also conducting compliance audit and testing to highlight and fulfil the regulatory gaps in the department.

- Product documents vetting and filing related Compliances i.e. Conducting PMC meeting, all documents and PMC approvals are kept in the repository.

- Compliances related to place of business i.e. filing w.r.t. branch opening, closure, relocation to the regulator as well as in the BAP. Keeping repository of the same.

- Preparation of Rollout (Summary of Regulatory updates) on daily updates from the regulatory Bodies.

- Updating the Quarterly Compliance Checklist, giving opinion to Internal department regarding Compliances and tracking of the compliance actionable as well as implementation within the Organization.