Details of the Organization
Anand Rathi Insurance brokers (ARIBL) is part of Anand Rathi Financial Services group providing insurance, risk consultancy, Employee benefits related advice & associated services.
Details of the Job/Internship
Anand Rathi Insurance brokers (ARIBL) is hiring for the position of Head of Compliance to join their office in Mumbai.
Role and Responsibilities
1. Policy & Process Compliance
- Regularly review and update internal policies in line with evolving regulations and best practices.
- Monitor organization-wide adherence to compliance policies and procedures.
2. Regulatory Compliance & Reporting
- Keep abreast of applicable laws and IRDAI guidelines relevant to insurance broking.
- Prepare and file statutory reports, including BAF returns and IRDAI submissions, accurately and within deadlines.
3. Training & Awareness
- Conduct regular compliance training and awareness programs for employees.
- Ensure all staff are informed of their compliance responsibilities and legal obligations.
4. Risk Assessment & Mitigation
- Identify and assess compliance-related risks across departments.
- Develop and implement controls to manage and minimize these risks effectively.
5. Monitoring & Internal Investigations
- Conduct internal audits and assessments to ensure regulatory compliance.
- Investigate potential breaches of policies or regulations and recommend corrective actions.
Eligibility
- Education: Bachelor's degree in Law, Business Administration, Compliance, or related field (preferred).
- Experience: Prior experience in compliance, legal, or regulatory roles within the insurance or financial services industry.
- Certifications: Compliance or regulatory affairs certifications (e.g., ICA, ACAMS) are an added advantage.
- Tech Proficiency: Familiarity with compliance tools, regulatory portals, and Microsoft Office (Excel, Word, Outlook).
Salary/Stipend
Compensation details will be finalized during the interview process with the selected candidate.
Type of Opportunity
Fulltime
Country
India
Address
Mumbai, Maharashtra, India.
Application and Registration Details
Once you apply, the next steps in the application process will be sent to you via e-mail.
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Contact: [email protected]
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