Job Description

The jobholder will have the responsibility for ensuring good corporate governance and compliance with regulatory environment. He/ She will support the Compliance function in the organization by providing compliance assurance, including below: Responsible for dissemination of the regulatory notifications, carry out impact analyses on new laws and ongoing monitoring of implementation Drive Implementation of various notifications from Authorities by coordinating with various teams and ensure timely implementation Maintaining repository of all regulatory changes to ensure its timely availability Providing compliance advise on issues pertaining to implementations of laws Providing well researched inputs to shape new laws and regulations within prescribed timelines Partnering with business to implement new laws, regulations, initiatives and distribution tie-ups smoothly Ensure timely submission of periodic regulatory reports and adhoc requirements raised by the regulator/council. Providing extensive legal search and evaluating industry benchmark to opine on various business initiatives and legal provisions. Vetting and approving the insurance advertisements Support business team by working on multiple themes, ensuring the advertisement process, internal guidelines. Compliance requirements are being adhered. Ensuring proper drafting, reviewing and vetting of product related documents viz policy terms & conditions and key feature document Supporting business by proactively participating in different meetings and giving inputs from legal and compliance point of view Review of Advertisements and related compliances New Law Dissemination and Driving Implementation Submission of Adhoc Requirements Compliance Advisory Analytical Thinking and Judgment: Ability to support necessary inputs for decisions by using the information systematically ability to interpret complex concepts and cause and effect relationships Company & Industry Know How: knowledge and understanding of the organization & industry Regulatory Requirements: knowledge and understanding of regulatory requirements and how to meet these on a day to day basis. Drafting & Documentation Skills: Has the ability to draft legal documents; Good Documentation skills for record maintenance Subject Matter Expertise: Has complete domain knowledge Connecting with Others: Ability to effectively bring together diverse teams to jointly create results Experience in insurance industry and handling of advertisement approvals/regulatory implementation Company Secretary/LLB or CA preferred