Life Insurance Compliance Officer

Department Icon Insurance- Life Insurance
Posted: 1 year ago
2-4 years
Pune
Insurance- Life Insurance
Hybrid
Full Time
Upto ₹0 - ₹0

Posted: 1 year ago
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Posted over 15 days ago, so the role may have closed. Confirm on the employer's page when you apply, or see similar jobs.

Job Description

What role you will play in team: You will ensure the company's adherence to all relevant regulations and compliance standards within the life insurance sector.

What you will do: Monitor regulatory changes, conduct internal audits, and ensure compliance across all areas of operation.

Key responsibility:

  • Monitor and interpret changes in life insurance regulations and compliance standards.
  • Conduct internal audits to assess compliance with regulations.
  • Develop and implement compliance programs and training materials.
  • Investigate and resolve compliance-related issues.
  • Maintain accurate records of compliance activities.
  • Provide advice and guidance to employees on compliance matters.
  • Report to senior management on compliance status.

Required Qualification and Skills:

  • Bachelor's degree in law, finance, or a related field.
  • Strong understanding of life insurance regulations and compliance standards.
  • Experience in compliance auditing or monitoring.
  • Excellent communication and presentation skills.
  • Ability to work independently and as part of a team.
  • Strong analytical and problem-solving skills.

Benefits Included:

  • Competitive salary and benefits package.
  • Opportunities for professional development and career advancement.
  • Challenging and meaningful work.

A Day in the Life: A day may involve reviewing regulatory updates, conducting internal audits, providing guidance to staff on compliance issues, and preparing compliance reports.

Skills

ComplianceInsurance RegulationsAuditingRisk ManagementLegal

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About Company

Genpact is a global professional services firm that delivers digital-led, domain-defined industry solutions to its clients. They help companies transform their operations by leveraging technology and data analytics.

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