Role Summary: Responsible for ensuring that company’s processes etc. meet the regulatory requirements. Review of controls to comply with various regulatory requirements.
B Organizational Relationships
Reports To
Assistant Vice President – Compliance
Supervises
Compliance Assurance
C Job Dimensions
Geographic Area Covered
Pan India
Stakeholders Internal
All functions
D Key Result Areas
Regulatory Compliance & Review / Testing
Work On
Compliance KPIs and testing the controls
Thematic reviews
Regulatory Compliances:
Review of implementation of recent regulations and testing thereof.
IRDAI Mock Inspection reviews and data collation and verifications
Analysis of IRDAI orders on peer insurers and testing of compliance levels of the company thereof
Any other time bound assignments related to regulatory compliance monitoring.
Incumbent Characteristics
Essential
Desired
Qualification CA
MBA
Experience
7+ years
Experience in audit, Compliance reviews and testing, Actuarial process reviews, Finance process reviews