Sr Manager - Compliance

Tata AIA Life Insurance; Mumbai; On-site; INR 2,500,000 - 4,000,000; Full time

Job summary

Tata AIA Life Insurance is seeking a Senior Manager - Compliance at HO-Thane to lead regulatory compliance initiatives and ensure that processes meet applicable requirements. The role involves reviewing controls and coordinating testing to strengthen governance.

The incumbent will supervise the Compliance Assurance team, drive KPI-based testing, perform thematic reviews, and analyze IRDAI orders to benchmark company compliance against peers.

Qualifications

• CA and MBA qualifications are required.
• 7+ years of experience in audit, compliance reviews and testing.
• Experience in actuarial/finance process reviews is desirable.

Responsibilities

• Regulatory Compliance & Review / Testing.
• Compliance KPIs and testing of controls.
• Thematic reviews and regulatory implementations testing.
• IRDAI mock inspection reviews and data verification.
• Analyze IRDAI orders on peer insurers and test compliance.
• Handle time-bound regulatory compliance monitoring assignments.

Skills

Chartered Accountant

MBA

Audit

Compliance testing

IRDAI awareness

Education

Chartered Accountant (CA)

MBA

Job description

Position Overview

Position Title: Senior Manager - Compliance

Department: Compliance

Level/Band: 501

Location

HO-Thane

Role Summary

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

Organizational Relationships

Reports To: Assistant Vice President - Compliance

Supervises: Compliance Assurance

Job Dimensions

Geographic Area Covered: Pan India

Stakeholders Internal: All functions

Key Result Areas

Regulatory Compliance & Review / Testing

• Work on:
• Compliance KPIs and testing the controls
• Thematic reviews
• Regulatory Compliances: Review of implementation of new 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

Qualification: CA MBA

Experience: 7+ years Experience in audit, Compliance reviews and testing, Actuarial process reviews, Finance process reviews