AVP - Regulatory Compliance (Life Insurance)
On-siteGurugram, Haryana, India
Job Summary
Advise business units on compliance implications of new projects and proposals while disseminating and interpreting regulatory updates across departments. Drive timely implementation of new regulations, conduct compliance reviews, and manage risk registers. Liaise with regulators to assist in shaping policies favorable to the business model and offer practical, compliant solutions to business teams. Present clear dashboards and reports to management, streamline processes using automation, and conduct risk-based assessments with regulatory touchpoints. Mentor team members, promote a culture of compliance, and contribute to succession planning. Requires 10+ years of life insurance compliance experience and proficiency in IRDAI regulations.
Required Qualifications
- 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
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