Deputy Manager - Compliance

Axis Max Life Insurance; Gurugram District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Axis Max Life Insurance in Gurgaon (HO) seeks a Deputy Manager in Legal & Compliance to manage end-to-end compliance activities, with a focus on advertisement and disclosure review, regulatory reporting, governance processes, and compliance culture building. The role involves coordinating with multiple departments and regulators, and driving automation in compliance workflows.

The incumbent will support Advertisement Committee governance, ensure timely submissions, and promote compliance

Qualifications

• 4-6 years of related experience in insurance or financial services.
• Law graduate (LLB) preferred for the role.
• Strong communication and presentation skills.

Responsibilities

• Prepare and submit regulatory reports to IRDAI, DFS, PFRDA, IIB, NCFE and others.
• Review advertisements and disclosures for regulatory compliance.
• Support Advertisement Committee governance and track action points.
• Drive automation in compliance workflows and dashboards.
• Provide advisory support on regulatory requirements to business teams.
• Conduct compliance trainings and promote a culture of proactive compliance.

Skills

Regulatory reporting

Compliance review

Governance

Education

LLB or law graduate

Job description

Job Description Position Deputy Manager Department Legal & Compliance Function Compliance Reporting to VP - Compliance Location Gurgaon (HO) JOB SUMMARY

This role is responsible for managing end-to-end compliance activities with a focus on advertisement and disclosure review, regulatory reporting, governance processes, and compliance culture building. The incumbent will coordinate with multiple departments and regulators, support Advertisement Committee governance, ensure timely and accurate regulatory submissions, drive automation in compliance workflows, and strengthen organizational compliance awareness through trainings and engagement programs.

KEY RESPONSIBILITIES

Regulatory Compliance & Reporting

• Preparation, review and timely submission of regulatory reports to IRDAI, DFS, PFRDA, IIB, NCFE and other applicable regulators.
• Coordination with cross-functional teams for data gathering, validation, and consolidation for regulatory submissions.
• Ensuring adherence to regulatory timelines through structured follow-ups, reminders, and escalation mechanisms.
• Conducting preliminary review of submissions to ensure completeness, accuracy, and compliance with applicable guidelines.

Advertisement & Disclosure Compliance

• Review and vetting of advertisements, marketing creatives, and disclosures to ensure compliance with regulatory and internal guidelines.
• Identification and mitigation of compliance risks in marketing and promotional communications.
• Keeping abreast of regulatory changes related to advertisements and disclosures and ensuring implementation.

Advertisement Committee Governance

• Participation in Advertisement Committee meetings.
• Preparation and consolidation of agenda items, supporting documents, and actionable insights.
• Tracking action points and ensuring closure within defined timelines.

Policy Governance & Board Processes

• Tracking of policies for Board/Committee approvals.
• Ensuring periodic review, updates, and implementation of policies in line with evolving regulations.

Process Improvement & Automation

• Driving automation initiatives across compliance processes including reporting, tracking, and review workflows.
• Enhancing efficiency, accuracy, and audit readiness through technology-enabled solutions.

Compliance Advisory

• Providing advisory support to business and functional teams on regulatory requirements and compliance interpretation.
• Assisting in implementation of new regulations and internal compliance frameworks.

Compliance Culture & Training

• Conducting Compliance Clinic visits across branches to drive awareness and adherence.
• Delivering periodic functional training sessions (e.g., Marketing, E-commerce, etc.).
• Facilitating Compliance Ambassadors Program and acting as SPOC for allocated departments.
• Promoting a culture of proactive compliance across the organization.

Monitoring & Coordination

• Continuous follow-up with stakeholders for compliance deliverables.
• Maintaining trackers, dashboards, and MIS related to compliance activities.
• Supporting audits and regulatory inspections by providing required data and documentation.

Measures of Success

• Timely and error-free regulatory submissions
• Zero non-compliance in advertisement and disclosures
• Effective closure of action items from Advertisement Committee and audits
• Improved compliance awareness and training coverage
• Increased efficiency through automation initiatives

Desired Qualifications and Experience

4-6 years of related experience. Insurance or Financial Services Experience preferred.

Law Graduate (LLB) will be preferred for this role.

Strong communication and presentation skills and ability to connect with people

Ability and passion to understand and interpret laws and regulations.

Disclaimer: This job posting and Location has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.