POSITION Chief Manager/ AVP - Statutory Compliance POSITION GRADE L5/l6 DEPARTMENT Compliance SUB DEPARTMENT Statutory Compliance-Returns filing REPORTING POSITION Sr. VP - Compliance NO. OF POSITIONS REPORTING IN 1 (ONE) OBJECTIVE OF THE ROLE To ensure Returns filing compliances by way of timely submission after quality verification of IRDAI returns and review of advertisements KEY RESPONSIBILITIES . Ensuring Filing of Regulatory Returns with the Authorities on/before time . Maintenance of Regulatory filing calendar upto date . Conducting quality verification checks and ensuring correction of identified errors before filing or regulatory returns . Setting of processes of data receipt from depts and controls put in place to ensure quality of data for filing . Preparation of analytical MIS for above activities and presentation to the management. . Maintenance of records . Attending to audits . Review of advertisements, Communications . Ensuring Filing of advertisements with the Authorities on/before time . Maintenance of Advertisement Register and Communication Register . Setting of processes of data receipt from depts and controls put in place to ensure quality of data for filing Preparation of analytical MIS for above activities and presentation to the management. . Maintenance of records . Attending to audits . Ensuring AML and IRDA Compliance through compliance checks and monitoring the business based on parameters . Filing of Regulatory Returns with the Authorities . Ensuring implementation of Board approved Policy and processes . AML mail box - Resolving queries of various department on AML aspects . Preparation of analytical MIS for above activities and presentation to the management. . Maintenance of AML correspondence . Attending to audits . Release of Circulars and ensuring implementation of actionables in time . Maintenance of register and documentation of actionables . Release of compliance self certification and assisting in board documents . Verifcation of compliance self certifications and releasing the observations Internal Relations: All teams REQUIRED QUALIFICATION AND SKILLS Educational Qualifications:CA/ LLB/ CS would be preferred or graduate Work Experience: At least 4-5 yearsexperienceand should be having knowledge about insurance industry in compliance / Audit/ Risk Finance Certifications: NA . Other skill set: . Knowledge of excel and Microsoft tools . Good communication skills, Sound knowledge of compliance, operations, policies and procedures Analytical skills with an eye for detail
