Search by job, company or skills

E

IRDAI Compliance Officer

1-10 Years
new job description bg glownew job description bg glownew job description bg svg
  • Posted a month ago
  • Be among the first 20 applicants
Early Applicant
Quick Apply

Job Description

About eWed Insurance

eWed Insurance is a modern U.S. InsurTech company specializing in wedding and event insurance. We combine smart technology with white-glove service to simplify how couples, venues, and event professionals protect their celebrations.

Our company is built on innovation, customer service, and integrity and we're coming to India. This position is a rare opportunity to help shape a growing organization from the inside out, building systems, relationships, and processes from the ground up.

About the Role

We are seeking aqualified insurance professionalto serve as our IRDAI Compliance Officerfor our India operations. This person will also be designated as the Principal Officer for the company. This is a statutory designation role required under the IRDAI Corporate Agents Regulations. The primary responsibilities include serving as the named Principal Officer, signing regulatory documents, and acting as the official point of contact with IRDAI. This is not a day-to-day operational compliance role.

As the Compliance Officer, the candidate will oversee compliance with IRDAI Regulations, act as the main point of contact for the IRDAI and other government departments, prepare and file regulatory returns & reports, and work with eWed's staff to ensure compliance with all governmental regulations. This person will also help bridge collaboration between our U.S. and India teams, ensuring consistency with eWed's brand and business goals.

This candidate will work directly with company leadership, managing compliance operations, be the principal liaison between eWed India and the IRDAI, and oversee administrative systems & procedures.

Core Responsibilities

1.Regulatory & Compliance Oversight

a.Act as the authorized point of contact for IRDAI in all matters concerning the corporate agency operations.

b.Ensure that all regulatory returns, reports, and disclosures are submitted accurately and on time.

c.Supervise compliance and adherence with the relevant IRDAI regulations and subsequent circulars, notifications, and guidelines.

d.Maintain and supervise statutory records and registers as required.

Only When Requested Responsibilities

2.Communications & Policy Servicing

a.Provide clear and accurate explanations of coverage details, limits, exclusions, and requirements to IRDAI and company staff.

b.Coordinate with U.S. operations to ensure seamless workflow between U.S. and India.

c.Process and manage policy updates, cancellations, reissues, and corrections.

3.Marketing & Business Support

a.Collaborate with leadership to design communications and marketing campaigns, all in compliance with IRDAI Regulations.

b.Assist with special projects related to international expansion and new business initiatives.

c.Ensure that all interactions reflect eWed's white-glove standard of service.

4.Operations & System Development

a.Create, document, and refine internal systems and workflows to support operational efficiency.

b.Collaborate with leadership to identify inefficiencies and propose practical solutions.

c.Support financial systems and reporting.

d.Contribute to organizing company data, files, and process documentation.

5.Claims & Compliance Coordination

a.Assist with receiving, filing, and tracking claims with attention to accuracy and timely follow-up.

b.Help manage internal record-keeping, documentation, and compliance related to claims and policies.

c.Collaborate with U.S. operations to ensure claims and service workflows remain aligned.

6.Team & Leadership Collaboration

a.Act as a main point of contact between eWed's U.S. and India offices.

b.Work closely with senior leadership to align daily operations with long-term company goals.

c.Participate in internal meetings, share insights, and contribute to decision-making around systems and partnerships.

d.Ensure compliance with all applicable Indian insurance regulations and licensing requirements.

e.Contribute to the development of workflows, customer experience standards, and training processes.

f.Assist in onboarding and training new team members as the company continues to expand.

Qualifications To Be Hired

  1. Hold a Principal Officer Examination Passing Certificate from an IRDAI-approved Examination Body (Insurance Institute of India, or similar organization).
  2. Hold a Principal Officer Training Completion Certificate from an IRDAI-approved institution (Insurance Institute of India, or similar organization).
  3. Does not violate the requirements (Fit and Proper Criteria) under the IRDAI Corporate Agents Regulations.
  4. Engaged with the Company on an exclusive basis and not hold similar roles in any other corporate agent or insurance intermediary.

Please note that applications without the certificates mentioned at Sr. No. 1 and Sr. No. 2 will be rejected. Confirmation of applications will be subject to IRDAI's approval.

Qualifications To Be Considered

  • Graduate of a recognized university (in any discipline).
  • Prior experience as a Principal Officer will be given preference.
  • Strong written and verbal communication skills in English (and Hindi preferred not required).

Preferred Attributes

  • Highly organized and detail-oriented.
  • Professional yet warm communication style.
  • Collaborative, team-minded, and self-motivated.
  • Interested in combining traditional service values with modern InsurTech innovation.
  • Excited by the opportunity to help grow a U.S.-based company internationally.

Why Join eWed

  • You'll work directly with leadership not layers of management.
  • You'll help build real systems and relationships that define the company's next chapter.
  • You'll gain experience across departments: operations, client service, partnerships, and claims.
  • You'll join a team that values creativity, clarity, and kindness as much as results.

More Info

Industry:
Function:
Employment Type:
Open to candidates from:
Indian

Job ID: 140485959