Assistant Manager Compliance | Life Insurance Company

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.
• Good 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

• Strong analytical and review skills
• Good communication and interpersonal skills
• Stakeholder and relationship management
• Teamwork and collaboration
• Influencing skills
• Sound decision-making ability
• Ability to manage time-bound regulatory assignments

Key Skills

Compliance | Regulatory Compliance | IRDAI | Compliance Review | Compliance Testing | Internal Audit | Investment Compliance | Life Insurance | Regulatory Monitoring | Risk & Compliance | CA | Audit Testing