6 Insurance Laws Jobs

The senior level incumbent in this role will be responsible for handling large face amount cases and interacting with field personnel, as well as providing guidance to more junior underwriters. Your primary focus will involve accurately and promptly assessing and evaluating life applications, renewals, or cancellations in accordance with the Company's underwriting policies, guidelines, and relevant insurance laws and regulations. Key Responsibilities: - Underwrite and assess large face amount cases - Review and approve work of less experienced underwriters - Conduct underwriting audits when necessary - Participate in underwriting projects as assigned - Engage with field personnel through calls or visits - Contribute to fostering and sustaining strong relationships within the organization - Stay informed about evolving practices and regulations - Act as Subject Matter Expert (SME) to offer insights on departmental procedures or practices - Potentially mentor less experienced underwriters Requirements: - Bachelor's degree preferred - Over 10 years of experience in a production-focused environment - At least 3 years of direct life insurance experience is preferable - Proficiency in Microsoft Office Suite - Prior experience in brokerage or reinsurance is advantageous - Desired experience in investigating contestable claims - Thorough understanding of regulatory and policy discrepancies across states where business is conducted - Willingness to travel to the home office in Montpelier, VT as required (expected quarterly) - Successful completion of a background check This position requires a seasoned professional with extensive experience in life insurance underwriting, a strong attention to detail, excellent communication skills, and the ability to work effectively with a diverse team. If you meet these qualifications and are ready to take on a challenging yet rewarding role, we encourage you to apply for this senior underwriter position.,

We are looking for a highly skilled and experienced Legal Executive to join our team at Kotak Mahindra Life Insurance Company Limited. The ideal candidate will have 6-11 years of experience in the insurance industry, preferably with a background in retail portfolio management. Roles and Responsibility Manage and oversee legal aspects of retail portfolio operations. Develop and implement effective legal strategies to minimize risks and maximize business opportunities. Collaborate with cross-functional teams to ensure compliance with regulatory requirements. Provide expert legal guidance on various matters related to retail portfolio management. Conduct thorough reviews of contracts and agreements to identify potential legal issues. Ensure timely completion of all legal documentation and filings. Job Requirements Strong knowledge of insurance laws and regulations. Excellent analytical and problem-solving skills. Ability to work effectively in a fast-paced environment. Effective communication and interpersonal skills. Strong attention to detail and organizational skills. Experience in managing and overseeing legal aspects of retail portfolios is preferred.

We are looking for a highly skilled and experienced Legal Executive to join our team at Kotak Mahindra Life Insurance Company Limited. The ideal candidate will have 6-8 years of experience in the insurance industry, preferably with a background in retail portfolio management. Roles and Responsibility Manage and oversee legal aspects of retail portfolios. Develop and implement effective legal strategies to minimize risks and maximize profits. Collaborate with cross-functional teams to ensure compliance with regulatory requirements. Analyze and interpret complex legal documents and contracts. Provide expert legal advice on various matters related to retail portfolio management. Ensure timely completion of all legal tasks and projects. Job Requirements Strong knowledge of insurance laws and regulations. Excellent analytical and problem-solving skills. Ability to work effectively in a fast-paced environment. Effective communication and interpersonal skills. Strong attention to detail and organizational skills. Ability to manage multiple priorities and deadlines. Experience working with retail portfolios is preferred. A graduate or postgraduate degree in law is required.

Develop, implement, and maintain effective AML and ABC programs to prevent and detect financial crimes Monitor transactions and activities for suspicious patterns and behaviors that may indicate money laundering or other financial crimes. Investigate suspicious activity, prepare Suspicious Transaction Reports (STRs) or other required reports. Timely response to Regulatory bodies- FIU-IND and enforcement agencies, IRDAI etc. Develop and deliver training programs for employees on AML, ABC, and related compliance matters. Develop and update AML and ABC policies and procedures to ensure alignment with Global requirements and best practices. Analyze data to identify trends, patterns, and potential risks related to money laundering and corruption. Sanction screening process Exp.- A minimum of 10 -15 years post-qualification experience Good Insurance regulatory knowledge & understanding of insurance laws Good understanding of Third-Party Compliance Must show good judgment in interpreting guidelines and regulations Ability to interact with top management and external agencies Good networking skills with external agencies and industry peers Ensuring robust oversight on AML and ACP Timely closing of alerts and filing of STRs Timely response to Regulatory bodies- FIU-IND and enforcement agencies, IRDAI etc. Minimum compliance issues with the Regulator Establish a Compliance oriented culture within the organisation and ensuring that compliance reporting is done within the stipulated time Implementation of best practices. Preferably CA/CS or Bachelors degree in law A minimum of 10 -15 years post-qualification experience Experience in insurance industry Familiar with relevant laws and regulations governing AML, ABC, and sanctions compliance.

Need from Insurance Background only. Manage IRDAI compliance, audits, BAP filings, product & ad reviews, outsourcing reports, regulatory submissions, and legal advisory. Ensure regulatory adherence across insurance operations. Required Candidate profile LL.B. with 4–8 yrs in insurance compliance. CS preferred. Strong IRDAI knowledge, legal drafting, audit handling, BAP process, and regulatory reporting expertise. Analytical and detail-oriented.

Male candidates and Need from Insurance Background only. Manage IRDAI compliance, audits, BAP filings, product & ad reviews, outsourcing reports, regulatory submissions, and legal advisory. Ensure regulatory adherence across insurance operations. Required Candidate profile LL.B. with 4–8 yrs in insurance compliance. CS preferred Strong IRDAI knowledge, legal drafting, audit handling, BAP process, and regulatory reporting expertise. Analytical and detail-oriented.