Livlong - Compliance Officer

Compliance Officer

Roles and Responsibilities:

Regulatory Compliance (Insurance & Healthcare):

- Ensure adherence to Insurance & Healthcare Compliance standards as per IRDA regulations, the Insurance Act, Insurance Broker Regulations, and other applicable laws.

- Keep track of regulatory changes introduced by IRDA or any other relevant authorities and ensure timely implementation.

- Ensure compliance with all regulatory guidelines applicable to Insurance Companies or Insurance Broking Firms.

Regulatory Filings & Reporting:

- Prepare, file, and maintain all necessary forms, reports, and returns as per IRDA and other health regulators' requirements.

- Oversee mandatory IRDA filings, ensuring accuracy and timely submission.

- Liaise with regulatory authorities to address compliance-related matters.

Legal & Compliance Documentation:

- Assist in drafting, reviewing, and finalizing compliance-related legal documents and regulatory correspondences.

- Maintain proper records of compliance submissions, approvals, and legal communications.

Monitoring & Implementation:

- Conduct internal compliance checks to ensure adherence to all legal and regulatory frameworks.

- Develop and implement internal policies to ensure the organization operates within legal and regulatory boundaries.

Regulatory Updates & Advisory:

- Monitor ongoing changes in insurance, broking, and healthcare regulations.

- Advise internal stakeholders on compliance risks and assist in ensuring business practices align with regulatory expectations.

Qualifications & Skills Required:

- Experience: 4-5 years of relevant experience in legal and regulatory compliance within the Insurance & Healthcare sectors.

- Regulatory Expertise: Strong understanding of IRDA regulations, insurance compliance frameworks, and legal requirements.

- Legal & Compliance Skills: Ability to interpret and apply complex regulatory and legal provisions.

- Attention to Detail: Precision in managing regulatory filings, documentation, and reporting.

- Communication Skills: Ability to draft clear and concise legal and compliance-related documents