Sr Executive/ Assistant Manager – Compliance

Hiring for Leading Life Insurance Company

3 - 5 Years
Mumbai

Job Description

Designation : Sr. Executive / Assistant Manager - Compliance



Job Profile :

KEY PURPOSE

To assist Head-Compliance in all areas related to external and internal compliance.

Help in developing system for monitoring the above and administering the same.

KEY RESPONSIBILITIES

Administer the compliance policy of the organization.

Maintenance of clear compliance record with all relevant authority and principally the IRDA

Help in proper reporting to group compliance

STRATEGIC

  • Follow up and ensuring that compliance areas provide adequate support to Business activities

FINANCIAL

  • Ensure that costs on compliance are kept at optimal level.

PROCESS

  • Assist in monthly/bimonthly/quarterly/half yearly/yearly reporting (regular & Adhoc) to internal and external stake holders.
  • Assist in validation of information received by Compliance for onward submission to authorities.
  • Assist initiatives in process/system enhancements to support compliance activities.
  • Ensure timely submission of all communications and regulatory reporting with Insurance Regulatory and Development Authority (IRDA), General Body of Insurance Council and Life Insurance Council and Compliance
  • Ensuring and meeting the time lines for IRDA reporting
  • Respond to issues/queries raised by LIC, GBIC and IRDA.
  • Maintaining tracker for all reporting
  • Maintaining correspondence records
  • Define and streamline process to be followed for handling any queries or issues raised by the regulatory authorities.

CUSTOMER

  • Assist in liasioning with the regulators for follow ups, approvals, etc
  • Arranging compliance training to the employees with the help of HR Department on need basis.

PEOPLE

  • Ability to communicate with Sr. Management
  • Work as a part of team providing governance structure of the company

KEY CRITICAL COMPETENCIES

Advanced excel knowledge and Datamining skills

Good Interpersonal skills

Analytical skills and logical reasoning

Ability to work under pressure and stringent deadlines

Proactive

Keyskills

Desired Candidate Profile

Please refer to the Job description above

Company Profile

TopGear Consultants Pvt Ltd.

Leading Recruitment Firm
View Contact Details+

Recruiter Name:Ritu

Contact Company:TopGear Consultants Pvt Ltd.

Email :ritu@topgearconsultants.com

Website:http://jobs.topgearconsultants.com

Salary

Not Disclosed by Recruiter

Industry

Insurance

Functional Area

Other

Employment Type

Full Time, Permanent