Job Description

Sales Compliance -



Purpose / key objective of role The role requires the employee to execute the tasks allotted by the reporting manager(s), in relation to the following compliance areas



Regulatory updates and implementation- Review regulatory updates and regular tracking and implementation of any regulatory requirements and any other compliance matters.

Advisory role with respect to processes- Providing advisories to stakeholder on various regulatory aspects. Engage with partners and stakeholders to enable compliance related onboarding and servicing processes.

Agreement review- Review intermediary and service partner agreements.

Regulatory Monitoring and reporting- Ensuring monitoring and risk mitigation along with timely analysis and regulatory reporting. Relook at existing processes and evaluate/implement automation to reduce people dependency and errors. Ensure record keeping of Compliance departmental records in line with regulatory requirements.

Regulatory engagement- Engaging with regulators through representations, draft responses and notes on various compliance matters.

Management engagement- Engaging with management on certain requirements and escalations, preparing presentations etc.



Performance Measures



Adherence to TAT and process

Efficiency and productivity

Willingness to adapt and learn



Functional & Behavioural Competencies



Knowledge of insurance regulations

Team work and communication skill