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1.0 - 6.0 years
5 - 10 Lacs
Chennai
Work from Office
Role & responsibilities New Product Development: Idea Generation, Designing, implementation, launch and monitoring of Motor/commercial lines of business. Interact with cross functional team on new product ideation for creating new Product Construct. Create product construct/coverage wordings, working in coordination with cross functional teams. Market Research & Benchmarking. Prepare Presentations for PMC for taking sign off and, initiate with product filing lifecycle. Drafting of policy documents as per the regulations and taking sign off from concerned stakeholders. Coordinate with IT for customization of product in internal IT systems. Coordinate with various stakeholder for sign off and make the product available in internal system within stipulated timelines. Regulatory Changes in line with new regulations of IRDAI. Preparation and submission of reports as per the new regulations of IRDAI in coordination with Compliance.
Posted 2 months ago
7 - 12 years
10 - 20 Lacs
Mumbai
Work from Office
I am hiring this profile for one of the leading Life Insurance Company. Role & responsibilities: IRDAI filing documents: Preparation and review of all IRDAI filing documents including Sales Literature, Policy Document, Proposal Form, Benefit illustration, other regulatory documents etc. Discussion and finalization of documents with relevant stakeholders (Actuarial, Compliance, Claims, Ops etc.) Product Launch: Manage all product launch related activities including Training (Train-The-Trainers), Marketing collateral readiness, System readiness (UAT sign-offs on product boundaries, premium / benefit values, calculators, web / App content) etc. New product ideas: Drive strategies to generate new product ideas Data analytics: Provide insights to senior management for decision making. Working with channel teams to improve the product mix & support in making product content / stories to drive business Competition benchmarking: Provide timely insights regarding competition products Preferred candidate profile The candidate should have 5 to 12 years overall experience with minimum 3 - 5 years in Insurance Product Management role handling IRDAI filing documents & Product launches. Experience in Life Insurance Product Management is preferable. Understanding of IRDAI Product Regulations for Life & Health Insurance Good interpersonal communication skills Good at PPT & Excel
Posted 2 months ago
2 - 5 years
12 - 16 Lacs
Gurugram
Work from Office
Job Title: Insurance Compliance Officer Location: Gurgaon Experience: 48 years CTC: Negotiable Industry: Insurance / Financial Services Employment Type: Full-Time Job Description: Centricity is seeking a skilled and experienced Insurance Compliance Officer to ensure ongoing adherence to all applicable laws and IRDAI regulations. The ideal candidate will bring 4–8 years of relevant experience, a strong understanding of compliance frameworks, and a proactive approach to regulatory change and risk management. Key Responsibilities: Ensure company-wide compliance with all applicable IRDAI regulations and insurance laws. Develop, implement, and update compliance policies, procedures, and SOPs. Track regulatory updates and ensure timely communication and implementation across departments. Review and approve marketing materials and collaterals to ensure compliance. Conduct internal compliance reviews and audits; identify and address areas of non-compliance. Recommend corrective actions and monitor their implementation to ensure timely resolution. Prepare periodic compliance reports for senior management and the Board. Maintain comprehensive records of compliance activities and dashboards. Ensure documentation is audit-ready for inspections by regulators. Establish and monitor internal controls to support an effective compliance framework. Drive automation initiatives for compliance tracking and alerts to internal stakeholders. Stay updated with the latest IRDAI circulars and regulatory changes. Prepare presentations and reports for leadership with compliance insights and strategies. Qualifications: Bachelor's degree in Law, Finance, or related field (LLB / CS/Non CS preferred). 3–6 years of experience in a compliance role within the insurance or financial services industry. Strong knowledge of IRDAI regulations. Excellent communication, analytical, and documentation skills. Experience with compliance automation and reporting tools is a plus. Interested candidates can share their resumes at shafali@centricity.co.in
Posted 2 months ago
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