Assistant Manager – Legal & Compliance / Mumbai (Maharashtra)

Job Description

Legal & Compliance
• To assist in reviewing Health insurance policies & product related documents such as marketing and branding activities, customer communications, promotional materials and advertisements, sales and distribution related activities to ensure compliance with regulatory requirements of IRDA.
• To assist in the identification of regulatory risks, explaining the implications of those risks and recommends actions for mitigating those risks.
• To assist in monitoring and ensuring the compliance, as per the compliance program on an ongoing basis, by various internal workstreams, preparation of compliance monitoring framework, compliance manual and regular updation of the same.
• To ensure compliance with the IRDA Guidelines on Outsourcing, AML, F&U and Advertisements.
• To ensure regulatory filings (as applicable to a Health Insurance Company) with IRDA and other regulatory bodies.
• To communicate and share compliance requirements with other stakeholders.
• To ensure timely submission of reports to JV partners
• To assist in conducting need based Compliance training programs and awareness sessions.
• To ensure strong compliance with respect TRAI and Intermediaries Regulation.
• Drafting legal agreements ( Reinsurance , Distribution agreements ,. etc )
• Co-ordinate and provide required information & documents to panel Consultants / Advocates for various legal activities such as title search of immovable properties, trademark search, etc

Requirements

Desired Qualification LLB
KEY CRITICAL COMPETENCIES

• Go getter
• Good negotiator
• Ability to handle Compliance matters independently
• Thorough with Insurance Laws and related regulations, notifications and circulars
• Grievance handling with regulatory viewpoint and insight
• Should have eye for details

Company Description

Pranav HR’s philosophy towards its candidates and clients is simple. A team that… assures Quality & Service. Our entire team is focused on earning trust and goodwill of its candidates and clients by delivering excellent customer service and satisfaction.   Read full description