Assistant Manager - Compliance

Tata AIA Life Insurance; Mumbai; On-site; INR 1,200,000 - 2,100,000; Full time

Job summary

Tata AIA Life Insurance invites applications for an Assistant Manager - Compliance in Mumbai. You will be responsible for ensuring that the company’s processes meet regulatory requirements, reviewing controls, and assisting with regulatory compliance monitoring across pan-India operations.

The role reports to AVP – Compliance and will supervise the Compliance Review & Testing function. The ideal candidate has CA or related qualifications, 3+ years experience in internal audit, compliance reviews

Qualifications

• 3+ years of experience in Internal audit, Compliance reviews and testing
• Knowledge and experience in Information security audits and data analysis

Responsibilities

• Conduct standalone reviews across critical functions as per Annual Compliance Review plan
• Verify regulatory compliances for new regulations implemented
• Analyze IRDAI orders on peer insurers and test company compliance
• Perform investment compliance verification
• Handle time-bound regulatory compliance monitoring tasks

Skills

MS Office

Communication skills

Teamwork skills

Education

CA/ CA Finals

CS, MBA, LLB

Tools

ACL

Job description

Role Description

A Position Overview

Position Title

Assistant Manager - Compliance

Department

Compliance

Level/Band

301

Role Summary:

Responsible for ensuring that company’s processes etc. meet the regulatory. Review of controls to comply with various regulatory requirements.

B Organizational Relationships

Reports To

AVP – Compliance

Supervises

Compliance Review & Testing

C Job Dimensions

Geographic Area Covered

Pan India

Stakeholders Internal

All functions as applicable as per the reviews assigned

D Key Result Areas

Regulatory Compliance & Review / Testing

Assist In/Work On:

• Standalone reviews of various areas across the critical functions of the organization as per Annual Compliance Review plan
• Regulatory Compliances: Verification of compliances in place for the new regulations implemented
• Analysis of IRDAI orders on peer insurers and testing of compliance levels of the company thereof
• Investment Compliance verification
• Any other time bound assignments related to regulatory compliance monitoring.

E Skills Required

Technical

• Good Knowledge of MS Office

Behavioral

Essential

Desired

Interpersonal Skills

Communication skills

Creative Thinking Skills

Supervising/Leadership skills

Teamwork Skills

Influencing skills

Relationship Building Skills

Decision making skills

F Incumbent Characteristics

Essential

Desired

Qualification

CA/ CA Finals

CS, MBA, LLB

Experience

3+ years

Experience in Internal audit, Compliance reviews and testing

Should be from Life Insurance

Knowledge and experience in Information security audits , Data analysis , Using ACL /other audit tools etc.