Role Summary:
- Providing extensive legal search and evaluating industry benchmark to opine on various business initiatives and legal-regulatory provisions.
- Responsible for dissemination of the regulatory notifications, carry out impact analyses on new laws and ongoing monitoring of implementation.
- Maintaining repository of all regulatory changes to ensure its timely availability.
- Providing legal advise on issues pertaining to implementations of laws.
- Providing well researched inputs to shape new laws and regulations within prescribed timelines.
- Partnering with business to implement new laws, regulations, initiatives and distribution tie-ups smoothly.
- Ensuring proper drafting of response to Show Cause Notice issued by the IRDAI and other statutory authorities within prescribed timelines.
- Partnering with various functions to implement initiatives and negotiate new distribution tie-ups smoothly as per timeline.
- Ensuring proper review of internal operational processes set forth by different functions with the objective to mitigate the risk of regulatory noncompliance and litigious situations by setting things first time right.
- Spreading Compliance awareness across the functions by imparting training on new laws and regulations.
- Supporting business by proactively participating in different meetings and giving inputs from Compliance point of view.
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