Legal Compliance Specialist

4 - 8 years

0 Lacs

Posted:1 month ago| Platform: Shine logo

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Job Type

Full Time

Job Description

PolicyBazaar.com is India's leading digital insurance marketplace and one of the most valuable insur-tech companies globally. The journey started in 2008; in 2018, the company became just the third Unicorn in India and went public in 2021. As a data and technology company, Policybazaar has revolutionized the insurance market in India by deploying cutting-edge technology, advanced data analytics, and leveraging AI/ML to offer customer-centric products, optimize customer journeys, and ensure superior customer experience across the insurance value chain. The company has significantly influenced how protection insurance products are bought in the country and is responsible for sourcing a notable portion of the market in Term and Health insurance. With over 23.5K Crores of Premium sourced in FY25 and a growth rate of ~44% CAGR for the last five years, Policybazaar boasts 10cr+ registered users and has provided insurance to 2cr+ people, holding an industry-leading 93% market share of the online aggregator market. **Role:** Team Leader / Assistant Manager (Legal & Compliance) **Qualifications:** LL.B mandatory, CS (added advantage) **Experience:** Candidates should possess 4-6 years of experience working in the legal & compliance department of regulated entities. Exceptional communication skills, self-starter attitude, and ability to meet deadlines in a competitive environment are essential. **Role and Responsibilities:** - End-to-end contract management involving vetting, negotiating, and executing agreements, including strategic agreements. - Maintenance and regular review of all executed agreements with renewal follow-ups with business. - Design, implement, and lead a compliance framework for the organization. - Keep track of regulatory developments impacting the organization and ensure all requirements are duly implemented. - Ensure compliance status is duly captured in the compliance monitoring tool of the organization. - Provide advice to internal stakeholders on various queries/clarifications on regulatory matters. - Coordinate with internal and external auditors on compliance queries. - Assist business teams in regulatory reviews of various documents/policies. - Coordinate and ensure all regulatory filings are completed on time. - Understand and analyze new business initiatives from legal and regulatory perspectives, hold discussions with business regarding the same, and provide assistance in implementing new business initiatives. - Keep senior management informed of regulatory, legislative, and best practice changes and their obligations under these changes and how they impact the Group. - Provide regular reports to management and other relevant bodies detailing any current issues or information as required. - Assist business teams in vetting advertisements/website content/other content.,

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