Life Insurance Compliance Officer

Department Icon Insurance- Life Insurance
Posted: 1 year ago
3-5 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 that all aspects of our life insurance operations comply with the relevant regulations and guidelines.

What you will do: You will monitor compliance, conduct audits, and advise on regulatory matters, ensuring a strong compliance culture.

Key responsibility:

  • Monitoring compliance with all relevant life insurance regulations and guidelines.
  • Conducting regular compliance audits to identify potential risks and vulnerabilities.
  • Developing and implementing compliance policies and procedures.
  • Providing training and education to employees on compliance matters.
  • Responding to regulatory inquiries and investigations.
  • Staying abreast of changes in life insurance regulations and best practices.
  • Working with other departments to ensure compliance throughout the organization.

Required Qualification and Skills:

  • Bachelor's degree in law, finance, or a related field.
  • Extensive knowledge of life insurance regulations in India.
  • Experience with compliance auditing and investigations.
  • Strong analytical and problem-solving skills.
  • Excellent communication and interpersonal skills.

Benefits Included:

  • Competitive salary and benefits package.
  • Opportunities for career growth and professional development.
  • A challenging and rewarding work environment.

A Day in the Life: A day involves reviewing policies, conducting audits, researching regulations, and advising on compliance issues to maintain a strong risk-averse approach.

Skills

ComplianceRegulatory AffairsRisk ManagementAuditingLegal Knowledge

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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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