Compliance Manager - Product and Underwriting

About Us ACKO is India’s first and only fully-digital Insurtech (product) company to have taken insurance by storm. You might have seen our cool ads or are already a customer and we hope you have noticed how we are rewriting the rules of the insurance game constantly and persistently. Based out of Bangalore, we are solving for the Indian market. But we are a part of a global wave of insurtech startups such as ZhongAn in China , Oscar, Lemonade, Metromile in the US, that are known to succeed owing to their business models and technology. We are a unicorn backed by a slate of marquee investors like Binny Bansal, Amazon, Ascent capital, Accel, SAIF, Catamaran, General Atlantic and Multiples. In only four years since our inception and operations, our products have reached ~75M unique users. We have partnered with some of the biggest names of the digital ecosystem such as Amazon, Ola, RedBus, Oyo, Lendingkart, ZestMoney, GOMMT group etc. At ACKO, job roles are focused at impact and we’re here to transform the way the industry operates. Innovation drives us and our products, and we are poised to disrupt insurance, powered by our pioneering products. We have changed the landscape of this age old sector in a growing economy like India and have miles to go from here. After having crossed the $1B valuation mark, our eyes set on even bigger milestones. If you think we’re just about growth and numbers, employee wellbeing lies at the core of all our programs and policies. We are a regular ‘Great Place to Work’ winner and consistently feature on Linkedin’s list of top startups. Currently 1000 strong, we are hiring across all functions. This role combines responsibilities in product filing and underwriting compliance , ensuring the seamless development, launch, and regulatory alignment of insurance products. The ideal candidate will manage regulatory compliance, collaborate with cross-functional teams, and contribute to a modern insurtech approach to insurance. Product Filing & Development Manage end-to-end product life cycles from conceptualization to launch. Conduct market research to identify trends and gaps in insurance products. Prepare and submit product filing documents in compliance with regulatory guidelines. Address regulatory queries and ensure timely product-related submissions. Collaborate with Underwriting, Actuarial, Compliance, Legal, and Claims teams for product filing and development. Compliance Management Monitor and assess the organization’s compliance status, conducting periodic process reviews. Implement regulatory change management, ensuring new laws and guidelines are disseminated and applied. Develop and maintain compliance-related policies, SOPs, and reporting. Ensure adherence to underwriting and issuance policies, procedures, and regulatory requirements. Conduct quality reviews and risk assessments of underwriting processes. Stakeholder Collaboration Work closely with internal teams such as Actuarial, Tech, Finance, and Operations to ensure seamless coordination. Liaise with external stakeholders, including regulatory authorities, banks, and government bodies, to maintain compliance. Represent the Compliance function in internal and external meetings. Innovation & Automation Drive automation initiatives for compliance and product filing processes. Leverage technology to enhance insurance product offerings and ensure regulatory alignment. Audit & Reporting Lead underwriting and compliance audits, providing essential data and maintaining audit trails. Generate periodic and ad hoc reports for regulatory bodies and internal stakeholders. Show more Show less