Interesting Opportunity Senior Manager - Legal & Compliance - IRDAI - Insurance

SERVING SKILL; Singapore; On-site; SGD 90,000 - 120,000; Full time

Job summary

An insurance company in Singapore seeks a Senior Manager for Legal & Compliance. This role involves approving compliance-related advertisements, conducting audits, and ensuring regulatory compliance in various operations. A Graduate LL.B. and strong analytical skills are essential, along with a thorough understanding of IRDAI laws. The position offers an opportunity to impact the regulatory landscape effectively.

Responsibilities

• Approving and reviewing advertisements related to compliance.
• Handling internal audits and conducting compliance audits and testing to identify and address regulatory gaps.
• Conducting outsourced committee meetings, reporting material activities, and maintaining MOM and compliance filings with the regulator.
• Vetting product documents and ensuring filing compliance.
• Managing compliance related to place of business.

Skills

Analytical skills

Well-versed with relevant IRDAI laws

Education

Graduate LL.B.

Job description

Interesting Opportunity: Senior Manager - Legal & Compliance - IRDAI - Insurance

Legal and Compliance - IRDAI - Insurance

Please arrange profiles here on priority.

Department:

Legal & Compliance

Education:

Graduate LL.B., CS (will be an added advantage).

Position:

Senior Manager - Legal & Compliance

Competencies:

• Analytical skills
• Well-versed with relevant IRDAI laws

Job Description:

• Approving and reviewing advertisements related to compliance.
• Uploading advertisements on BAP.
• Handling internal audits and conducting compliance audits and testing to identify and address regulatory gaps.
• Conducting outsourced committee meetings, reporting material activities, and maintaining MOM and compliance filings with the regulator.
• Vetting product documents and ensuring filing compliance, including PMC meetings and approvals.
• Managing compliance related to place of business, including filings for branch openings, closures, and relocations.
• Ensuring submission of periodic and adhoc returns to IRDAI, IIB, GIC.
• Preparing summaries of regulatory updates and maintaining a compliance checklist.
• Providing opinions to internal departments regarding compliance and tracking actionable items for implementation.