06 Aug
|
SKILLVENTORY
|
Navi Mumbai
06 Aug
SKILLVENTORY
Navi Mumbai
Role & responsibilities
IRDAI Compliance Management:
Ensure the company adheres to all relevant IRDAI regulations and guidelines, including those under the Insurance Act, 1938, IRDA Act, 1999, Corporate Governance Guidelines, Regulations, and Master Circulars. Track regulatory changes, circulars, and developments from IRDAI, SEBI (as applicable), and other authorities, and assess their impact on company operations.
Assist in the preparation and submission of regulatory filings, returns, and reports, ensuring timeliness and accuracy.
Internal Controls & Policy Governance:
Support the implementation and monitoring of key Board-approved policies such as: Anti-Money Laundering (AML) and Know Your Customer (KYC) Whistleblower Policy Fit and Proper Criteria Related Party Transactions Policy Fraud Risk Management and Conduct Guidelines
Conduct regular policy reviews to ensure they are updated in line with current Indian regulations and business needs.
Digital & Data Privacy Compliance:
Ensure internal practices align with Indias Digital Personal Data Protection Act (DPDPA), 2023, particularly for customer and policyholder data.
Collaborate with IT, InfoSec, and legal teams to strengthen internal data governance, encryption protocols,
and incident response procedures from a compliance standpoint.
Support compliance frameworks for digital operations including e-policy issuance, online claims handling, and digital communications.
Qualifications & Experience:
Graduate or postgraduate degree in Law, Business Administration, Risk Management, or a relevant discipline.
8 to 12 years of experience in compliance, preferably within General insurance
Strong working knowledge of IRDAI regulations, Companies Act, FEMA, and related legal frameworks.
Familiarity with data privacy laws, digital compliance risks, and enterprise-level policy management.
Exposure to IRDAI inspection processes, audit readiness, and regulatory correspondence. Skills & Competencies:
Strong understanding of Indias insurance regulatory ecosystem.
Ethical mindset with high attention to detail and confidentiality.
Ability to communicate regulatory matters clearly to both technical and non-technical teams.
Strong organizational and project management skills.
Comfortable working in a high-growth workplace with evolving processes and expectations.
📌 IRDAI Compliance (Navi Mumbai)
🏢 SKILLVENTORY
📍 Navi Mumbai