Compliance Manager

Role: Regulatory Manager – Compliance

Job Title: Senior Manager / Chief Manager - Compliance

Department: Compliance

Location: Mumbai – HO (Goregaon East)

Role Purpos

e
The Regulatory Manager will support the Compliance function in managing regulatory interactions with IRDAI and ensuring timely, accurate, and coordinated regulatory submissions for the Life Insurance business. The role is suitable for internal talent with strong analytical ability, stakeholder management skills, and exposure to insurance / financial services processes, even if they have not worked directly in a compliance function earlie

r.

Key Responsibili

ties
Regulatory Coordination & Submis

• sions
  Coordinate end‑to‑end IRDAI-related submissions, responses, and disclosures across departments (Operations, Actuarial, Finance, Legal, Product, Customer Service,
• etc.)Track regulatory circulars, guidelines, exposure drafts, and directions issued by
• IRDAISupport preparation, collation, and review of regulatory data, returns, and r
• eportsMaintain submission trackers, regulatory calendars, and documentation reposi

tories
Regulatory Interpretation & Advisory

• Support
  Assist in interpreting IRDAI regulations and circulars and assessing their applicability to business p
• rocessesSupport internal teams in understanding regulatory requirements and t
• imelinesFlag potential compliance gaps, clarifications required, or dependencies to senior Compliance

leaders
Internal Stakeholder M

• anagement
  Act as a central coordination point between Compliance and internal teams for regulato
• ry mattersFollow up with relevant stakeholders to ensure data accuracy, completeness, and timely s
• ubmissionsFacilitate internal discussions to close regulatory actions, observations,

or queries
Regulatory Inspections & Aud

• its Support
  Support preparation for IRDAI inspections, audits, and them
• atic reviewsAssist in collating responses, evidence, and documentation required for regula
• tory reviewsTrack and monitor closure of regulatory observations and

action items
Governance &

• Documentation
  Maintain proper records of regulatory correspondence, approvals, a
• nd submissionsSupport creation and updating of compliance MIS, dashboards, and senior mana
• gement updatesAssist in strengthening regulatory governance and cont

rol frameworks

Key Skills &a

mp; Competencies
Functional /

• Technical Skills
  Strong analytical and do
• cumentation skillsAbility to understand regulations, circulars, an
• d policy documentsHigh attention to d
• etail and accuracyComfort working with data, trackers, reports, and

regulatory formats
Behavioural & I

• nterpersonal Skills
  Strong coordination and follow‑up skills across m
• ultiple stakeholdersClear written and
• verbal communicationAbility to work under regulatory timelines and manage
• parallel prioritiesStructured, proce