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Senior Manager - Compliance

  • Posted 15 hours ago
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Job Description

Role description

APosition Overview

Position Title

Senior Manager - Compliance

Department

Compliance

Level/Band

501

Location

HO-Thane

Role Summary: Responsible for ensuring that company's processes etc. meet the regulatory requirements. Review of controls to comply with various regulatory requirements.

BOrganizational Relationships

Reports To

Assistant Vice President - Compliance

Supervises

Compliance Assurance

CJob Dimensions

Geographic Area Covered

Pan India

StakeholdersInternal

All functions

DKey Result Areas

Regulatory Compliance & Review / Testing

Work on:

.Compliance KPIs and testing the controls

.Thematic reviews

.Regulatory Compliances: Review of implementation of new regulations and testing thereof.

.IRDAI Mock Inspection reviews and data collation and verifications

.Analysis of IRDAI orders on peer insurers and testing of compliance levels of the company thereof

.Any other time bound assignments related to regulatory compliance monitoring.

Incumbent Characteristics

Essential

Desired

Qualification

CA

MBA

Experience

7+ years

Experience in audit, Compliance reviews and testing, Actuarial process reviews, Finance process reviews

More Info

Job Type:
Industry:
Function:
Employment Type:

About Company

Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company, formed by Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA). Tata AIA Life combines Tata's pre-eminent leadership position in India and AIA's presence as the largest, independent listed pan-Asian life insurance group in the world spanning 18 markets in the Asia Pacific region. Tata AIA Life has written retail new business weighted premium of Rs. 2,692 crore for the financial year 2019-20. For the same period, the 13th month persistency of the company was at 89.10% and, the individual death claims settlement ratio was 99.06%. One of the fastest growing companies in the Life Insurance sector, Tata AIA Life is now ranked at no. 5, based on individual weighted new business premium.

Job ID: 153878233

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