About the role
To support the business in navigating and complying with evolving regulatory frameworks, contractual obligations, and risk requirements. The role is central to ensuring regulatory alignment, managing compliance risk, and supporting business functions as a trusted advisor and enabler.
Key Responsibilities
1. Business Compliance & Regulatory Support
Advise business units on compliance implications of new projects and proposals.
Disseminate and interpret regulatory updates across departments.
Drive timely implementation of new regulations and compliance controls.
Conduct compliance reviews (planned and ad hoc) and manage risk registers.
Liaise with regulators and assist in shaping policies favorable to the business model.
Offer practical, compliant solutions to business teams while managing risk appetite.
Present clear dashboards and compliance reports to management and shareholders.
Act as a bridge between regulatory expectations and operational objectives.
Promote a culture of compliance across functions.
Mentor team members and drive internal engagement and capability-building initiatives.
Contribute to succession planning through development and delegation.
Streamline compliance processes using automation and system-led tracking.
Conduct risk-based assessments and audits across functions with regulatory touchpoints.
Maintain robust monitoring frameworks and ensure issue resolution and documentation.
RequirementsKey Requirements:
Bachelor’s degree / Postgraduate degree
10 plus years of experience in LI compliance
Team handling experience
Strong understanding of IRDAI regulations and life insurance compliance frameworks
Analytical mindset with attention to detail
Effective communication and regulatory reporting skills
Ability to assess, manage, and mitigate compliance risks
Proficiency in compliance tools and regulatory tracking systems
Strong interpersonal skills for coordination across actuarial, product, operations, and legal functions