Zopper – Senior Manager – Compliance

Zopper; Dadri; On-site; INR 800,000 - 1,200,000; Full time

Job summary

A regulatory compliance firm based in India is looking for a compliance expert to design and implement their compliance framework. The ideal candidate should be proficient in Insurance Laws and familiar with IRDA regulations. Responsibilities include advising internal stakeholders, monitoring compliance status, and liaising with auditors. Strong communication skills and a fair understanding of insurance products are essential.

Qualifications

• Proficiency in Insurance Act, Protection of Policyholder guidelines, and IRDA regulations.
• Experience in compliance tasks like submission of periodic returns and audit processes.
• Strong communication skills to advise stakeholders.
• Understanding of general and life insurance products.
• Familiar with IRDA audit processes and branch audits.

Responsibilities

• Design and implement the compliance framework for the organization.
• Ensure regulatory requirements are tracked and implemented properly.
• Coordinate with auditors regarding compliance queries.
• Advice internal stakeholder on various queries / clarifications on regulatory matters
• Coordinate with internal and external auditors on various compliance queries

Skills

Proficiency in Insurance Laws

Good written and oral communication skills

Fair understanding of General and Life Insurance Products

Branch audit

Written & oral communication

Job description

Responsibilities

• Design, implement and lead a compliance framework for the organization
• Keep track of regulatory developments impacting the organization and ensure that all requirements are duly implemented in the organization
• Ensuring that compliance status are duly captured in the compliance monitoring tool of the organization
• Advice internal stakeholder on various queries / clarifications on regulatory matters
• Coordinate with internal and external auditors on various compliance queries

Qualifications

• Proficiency in Insurance Laws – Insurance Act, Protection of Policyholder guidelines, (IRDA – Must), Advertisement regulations
• Complete knowledge of IRDA compliances and enlisted work for Insurance Brokers
  • Submission of Periodic returns
  • Renewal of Licenses and certifications
  • Application of ISNP guidelines
  • Formulation of policies for Insurance brokers
  • Formulation and review of systems and processes of business generation – B2B and B2C
  • Audit Process of IRDA
  • Liaison with IRDA
  • Application and compliance of Distance Marketing guidelines
  • Branch Audit
  • Training on Brokers Regulations 2018
• Good written and oral communication skills
• Fair understanding of General and Life Insurance Products