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04/12 HR
Founder at FresherMart

Views:2704 Applications:38 Rec. Actions:Recruiter Actions:4

Manager - Insurance Compliance (5-8 yrs)

Gurgaon/Gurugram Job Code: 772021

1. Develop and maintain regulatory policies and procedures under the Compliance Program, including review mechanisms to ensure its continuous effectiveness in ensuring all applicable compliances by the Insurance Broking company. Manage day-to-day compliance operations of the Program.

2. Keep track of and disseminate updates on regulatory (IRDAI) and other statutory requirements on an ongoing basis to prevent violations thereof. Review of existing business processes and ensuring all processes are IRDAI compliant.

3. Establish and maintain robust monitoring mechanism to keep abreast of status of compliance activities of all insurance business processes within the Company. Prepare compliance status reports on a regular basis to keep the management informed of the operation and progress of compliance efforts.

4. Collaborate with cross functional teams to facilitate implementation of compliance requirements at all levels/process of the organization and to direct compliance issues to existing channels for resolution. Will be actively involved in executing the operation aspects of Insurance Broking Compliance functions.

5. Highlight alleged violations of IRDAI laws, insurance broking rules and regulations and recommend procedures for corrective action.

6. Prepare and file statutory documents with the Regulators (IRDAI).

7. Maintain and organize compliance records in consonance with internal control and audit mechanisms.

8. Person will be part of compliance operations team of an Insurance Broking Company.

Candidate Profile

Essential Requirements (Knowledge, Skills, Abilities)

1. Well abreast with Insurance broking related laws and regulations prescribed by IRDAI.

2. Demonstrate ability to independently draft compliance checklists, manuals and other regulatory documentation.

Preferred fin-tech start-ups (with compulsory prior substantial exposure in scheduled Banks/NBFCs also)

Lendingkart Finance

CapFloat Financial

Loantap Financial Technologies

Datasigns Technologies (Shubha Loans)

Aye Finance

DMI Finance

FlexiLoans

BankBazaar

EasyLoans

Preferred Organized NBFCs (with compulsory prior substantial exposure in other scheduled Banks/NBFCs also)

Bajaj Finserv/Finance

Shriram Transport Finance

HDB Finance Services

Cholamandalam Finance

Tata Capital Financial Services

L&T Finance Limited

Aditya Birla Finance

Preferred Banks (with compulsory substantial exposure toward lending transactions)

Kotak Mahindra Bank

ICICI Bank

Yes Bank

IndusInd Bank

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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