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About:
Prudent is a Composite Insurance Broker regulated by the Insurance Regulatory and Development Authority of India (IRDAI), in the business of Insurance and Reinsurance Broking, Risk Management and Claims Consultancy Services focusing on SMEs, large Indian Corporates, Indian and foreign MNCs, and public sector entities.
At Prudent, they focus on building relationships and the confidence of our partners. As a partner-focused company, they provide clients with unparalleled, best-in-class services.
As one of the leading insurance brokers headquartered in Mumbai, India, with branch offices in Gurugram, Bengaluru, Chennai, Hyderabad, Ludhiana, Pune, Hyderabad, Kolkata, Ahmedabad, Gift City and Vadodara.
They have strategic partners in over 120 countries to service your insurance needs. Having mastered the art of understanding, interpreting, and pre-empting the different kinds of risks that their clients face, they have become truly empowered, and in return, we empower them with confidence even during uncertain times.
They have equipped themselves with extensive resources that enable them to reinvent the Indian insurance landscape, providing clients with path-breaking and future-facing risk management programs based on global best practices.
Role:
Sr. Executive- Regulatory Compliance
Qualification:
- Master’s degree in commerce/finance or equivalent experience.
- Pursuing general LLB/ CA / CS would be additional advantage.
- Good communication skills, Quality management, Financial Planning and strategy, critical thinking and problem-solving skills.
Experience:
Minimum of 2-3 years’ experience in General Insurance or TPA in Compliance function
Responsibilities:
· Analysing of IRDAI & IFSCA Circulars/ Guidelines, preparing brief summary and preparing checklist wherever guidelines are applicable to Intermediaries (Brokers).
· Ensuring Advertising compliance as per applicable guidelines, review internal proposal and provide necessary disclaimers, approve and timely filing on BAP portal of IRDA.
· Filing of Regulatory Returns for IRDAI.
· Prepare declarations, undertakings as per business requirements, Tenders etc.
· Update monthly compliance calendar, assist in drafting SOP’s, Presentations as per Compliance Framework requirement by the authority.
· Working with the wider compliance functions to identify emerging regulatory risk and to enhance and expand reportable issues
· Coordination with internal stakeholders for various data analysis, detecting and preventing any money laundering activities
· Review of Terms of Business Agreements and provide inputs as per IRDA Compliance purview.
How to apply:
Interested candidates can Apply here
We have taken all measures to ensure that this opportunity, available in the corporate domain, is uploaded/provided/given on our social media platforms, including our website, and is credible, verified and sourced from authenticated/trustable sources.
