Position : Manager / Senior Manager (Compliance)

Location: CPC

Reports to: AVP - Legal & Compliance

Category: Legal & Compliance

Reporting: NIL

Level :4B

Our Vision

To be the trusted leader in Health insurance by providing innovative solutions to the citizens of India

Our Mission :

- Constantly introduce innovative health insurance & wellness solutions that meet customer needs

- Build an organization on the principles of transparency, trust, and integrity

- Create opportunities for our employees to learn and grow in an enjoyable work culture

- Constantly deliver on our commitments to all our stakeholders

Our Values :

- Honoring Commitment

- Innovation

- Relationship Beyond Transaction

- Managing relationships

- Thinking & Acting transparently

Our Principles :

- Compassionate

- Accountable

- Responsive

- Expert

About Apollo Munich Health Insurance Co., Ltd

Quality healthcare and Apollo have become synonymous in the Indian subcontinent, a fact reiterated by global healthcare experts and international accreditation bodies. Committed to bringing world-class health care within the reach of every individual, Apollo Hospitals Group has joined hands with Munich Health, a world leader in the field of health insurance.

The joint venture is poised to make good the conviction of both the partners that Indian health insurance market is on the brink of explosive growth. The company offers comprehensive health insurance plans for individuals and their families as well as for corporate houses. The company also offers individual personal accident plans and travel insurance for individuals, families and senior citizens.

The company's uncomplicated insurance plans consist of a broad spectrum of products covering healthcare, travel insurance, and personal accident plans, tailored to the needs of individuals and families. The company also caters to large and small corporate groups with customized Group Health Insurance Plans. Apollo Munich Health Insurance has received numerous positive reviews and ratings for its health insurance plans and policies, which have been ranked as the best plans in the health insurance industry by several of India's popular publications such as - The Economic Times- and - The Hindustan Times- . The company offers its products through a network well-trained sales partners and directly through its call center, website and in-house sales force. Apollo Munich has been one of the top 100 Great Places to Work five times in a row including 2015.

We are seeking highly motivated and talented individuals (m/f) to be associated with us in our Journey and support in achieving our goals and objectives.

Key Roles & Responsibilities :

Primary Role Description :

- The candidate will be responsible for ensuring Compliance with various laws and Insurance Regulatory and Development Authority of India (- IRDAI- ) regulations which are applicable to the Company.

- The candidate will prepare the compliance plan, ensure timely updating of the compliances in the compliance tool by the respective departments, monitor the compliance requirements on a regular basis, and communicate any new or additional requirements to all the internal stakeholders.

- The candidate will assist the AVP - Legal & Compliance in preparing of various monthly and quarterly reports to be presented to Management on the progress of compliances, reporting of any deviation and corrective actions being planned.

- Timely tracking and communicating all new and revised regulatory requirements to the respective business teams.

- Conducting in-house training sessions to ensure that the business teams are clear with the requirements of the regulations.

- Assist and advice business teams on the interpretation of the IRDAI regulations.

- Ensuring that the Compliance Tool is updated at all times with the legal and regulatory compliance requirements.

- Ensure mapping of the respective stakeholders in the Compliance Tool and also ensuring timely and correct submissions in the Compliance Tool.

- To prepare a compliance calendar and ensure strict adherence to same by the respective business teams.

- Ensure that the advertisements of the Company are compliant with the regulatory requirements.

- Assist with tracking and submission of data for and ad-hoc regulatory requirement.

- Assist in preparing of various monthly and quarterly reports to be presented to Management on the progress of compliances, reporting of any deviation and corrective actions being planned.

Key Requirements - Education & Certificates :

- LLB or LLM

- Excellent verbal and written Skills

- Proficient user of Microsoft Office packages (Excel, Word, PowerPoint, Outlook)

Key Requirements - Experience & Skills :

- 6 to 8 years- experience of insurance industry in large growth-oriented multinational or joint venture company

- Preferred from insurance or banking industry.

- Functional knowledge of insurance sector is beneficial.

- Good communication skills, flexible.

- Good interpersonal skills and good team player.

- Strong result orientation.

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