Tata AIA Life Insurance - Manager - Compliance

Role Summary :

- Regulatory reporting with IRDAI

- Reviewing & filing of Marketing collaterals

- BAP reporting and handling of regulatory application.

- Monitoring of market conduct activities

- Data analysis and record keeping

Key Result Areas :

Regulatory reporting with IRDAI :

- Coordinate with internal stakeholders to gather reports / data for IRDAI reporting.

- IRDAI reports should be submitted on time by drafting the covering letter mentioning applicable circular.

- Interpret circulars & guidelines to ensure the regulatory reporting is completed as per schedule.

- Reporting branch office status to IRDAI on opening, relocating or merger / closure.

- Handling reference number activity & coordinate with stake-owners for scan images.

Marketing collaterals :

- Reviewing and approving marketing collaterals in lines with IRDAI master circular.

- Coordinating with stake-owners to share the collateral to submit in BAP portal.

- Maintain advertisement tracker with accuracy.

BAP reporting & handling Regulatory application:

- Reporting of offices in BAP application.

- Filing of marketing collaterals in BAP portal within prescribed timelines by IRDAI.

- Coordinating with stake-owners to submit the regulatory tracker & closing the same from compliance side

Market conduct activities :

- Review market conduct agenda & release minutes as per TAT.

- Ensure that actionable of market conduct agenda - warning letters, termination letters etc area released accurately within TAT.

- Prepare & review market conduct agenda and implement the actionable.

- Ensure that the accurate data is submitted for PHPC and various audit requirements.

Data analysis and record keeping :

- Working on ad-hoc projects and data analysis / report preparation for senior management meetings.

- Ensure that trackers are maintained accurately and share drive is updated regularly

Technical Skills :

- Understanding the impact of noncompliance

- Knowledge of IRDA regulations & able to interpret circulars

- Basic knowledge of Market conduct activities

Experience :

7-8 years of life insurance experience out of which at least 2-3 years are spent in Regulatory reporting.