Assistant Manager Compliance | Life Insurance Company
A leading Life Insurance Company is looking for an experienced professional to join its Compliance Department as Assistant Manager – Compliance.
Position Details
Designation: Assistant Manager – Compliance
Department: Compliance
Industry: Life Insurance
Experience: 3+ Years
Reporting To: AVP – Compliance
Coverage: Pan India
Job Responsibilities
The incumbent will be responsible for Regulatory Compliance Review, Monitoring and Testing, including:
Conduct standalone compliance reviews across critical functions as per the Annual Compliance Review Plan.
Review and test internal controls for adherence to applicable regulatory requirements.
Verify implementation and compliance with new regulations / regulatory guidelines.
Analyse IRDAI orders issued to peer insurance companies and assess the company's compliance against relevant regulatory observations.
Carry out Investment Compliance verification.
Assist in regulatory compliance monitoring and testing assignments.
Coordinate with relevant internal stakeholders for closure of compliance observations.
Handle other time-bound assignments relating to regulatory compliance, review and monitoring.
Candidate Profile
Mandatory Requirements
Minimum 3+ years of relevant experience.
Experience in Internal Audit, Compliance Reviews and Compliance Testing.
Candidate should be currently working with or have relevant experience in a Life Insurance Company.
Valuable understanding of IRDAI regulations and regulatory compliance requirements.
Good working knowledge of MS Office.
Qualification
Preferred Primary Qualification:
CA / CA Final
Additional Preferred Qualifications:
CS
MBA
LLB
Additional Preferred Experience
Candidates having exposure to any of the following will have an advantage:
Information Security Audits
Data Analysis
ACL or other audit / compliance testing tools
Investment Compliance
Regulatory Review and Testing
Key Competencies
Robust analytical and review skills
Positive communication and interpersonal skills
Stakeholder and relationship management
Teamwork and collaboration
Influencing skills
Sound decision-making ability
Ability to manage time-bound regulatory assignments