Senior Manager - Compliance

Role description

Join Tata AIA Life Insurance, a leading and fastest-growing life insurance provider in India, established in 2001 as a joint venture between Tata Sons Pvt. Ltd. and AIA Group Ltd. Our company embodies a legacy of trust, integrity, and excellence, combining Tata's esteemed leadership with AIA's extensive pan-Asian expertise. At Tata AIA, our vision is to be the pre-eminent protection provider enabling dreams and inspiring healthier, happier lives.

We foster a culture of innovation, inclusivity, and continuous learning, offering dynamic career growth opportunities and a supportive work environment. Recognized as a Great Place to Work and recipient of the Kincentric Best Employer Award, we are committed to employee satisfaction and holistic well-being. Our core value, People - Our Core, emphasizes our dedication to inspiring our employees to be and deliver their very best. Our aim is to attract, hire anddevelop highly capable leaders who are just, fair, ethical, and accountable for their actions. We strive to provide our employees with the right training, technology, equipment, resources, and guidance to perform their job effectively. Our promise to you is to provide for a diverse, equitable, and inclusive work environment, where each employee is valued as an individual and treated with respect, care, and compassion.

Fuel your future with us, find your wings, and S.O.A.R. - Shape opportunities, Optimize your potential, Accomplish meaningful work, and Reap holistic growth.

A.Position Overview

Role Summary:

.Providing extensive legal search and evaluating industry benchmark to opine on various business initiatives and legal/regulatory provisions

.Responsible for dissemination of the regulatory notifications, carry out impact analyses on new laws and ongoing monitoring of implementation

.Maintaining repository of all regulatory changes to ensure its timely availability

.Providing legal 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

.Ensuring proper drafting of response to Show Cause Notice issued by the IRDAI and other statutory authorities within prescribed timelines

.Partnering with various functions to implement initiatives and negotiate new distribution tie-ups smoothly as per timeline

.Ensuring proper review of internal operational processes set forth by different functions with the objective to mitigate the risk of regulatory noncompliance and litigious situations by setting things first time right

.Spreading Compliance awareness across the functions by imparting training on new laws and regulations

.Supporting business by proactively participating in different meetings and giving inputs from Compliance point of view.

B.Organizational Relationships

Job Dimensions

C.Key Result Areas

D.Skills Required

E.Incumbent Characteristics

Disclaimer:
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