Centricity - Insurance Compliance Officer

Location : Gurgaon

Experience : 4-8 years

CTC : Negotiable

Industry : Insurance / Financial Services

Employment Type : Full-Time

Job Description :

Centricity is seeking a skilled and experienced Insurance Compliance Officer to ensure ongoing adherence to all applicable laws and IRDAI regulations. The ideal candidate will bring 4-8 years of relevant experience, a strong understanding of compliance frameworks, and a proactive approach to regulatory change and risk management.

Key Responsibilities:

- Ensure company-wide compliance with all applicable IRDAI regulations and insurance laws.

- Develop, implement, and update compliance policies, procedures, and SOPs.

- Track regulatory updates and ensure timely communication and implementation across departments.

- Review and approve marketing materials and collaterals to ensure compliance.

- Conduct internal compliance reviews and audits; identify and address areas of non-compliance.

- Recommend corrective actions and monitor their implementation to ensure timely resolution.

- Prepare periodic compliance reports for senior management and the Board.

- Maintain comprehensive records of compliance activities and dashboards.

- Ensure documentation is audit-ready for inspections by regulators.

- Establish and monitor internal controls to support an effective compliance framework.

- Drive automation initiatives for compliance tracking and alerts to internal stakeholders.

- Stay updated with the latest IRDAI circulars and regulatory changes.

- Prepare presentations and reports for leadership with compliance insights and strategies.

Qualifications:

- Bachelor's degree in Law, Finance, or related field (LLB or CS preferred).

- 4-8 years of experience in a compliance role within the insurance or financial services industry.

- Strong knowledge of IRDAI regulations.

- Excellent communication, analytical, and documentation skills.

- Experience with compliance automation and reporting tools is a plus.