1. Outsourcing:
Support the conduct of Outsourcing Committee (OC) meetings and related activities
Ensure timely and accurate reporting to the OC and IRDAI
Facilitate and ensure completion of outsourcing audits
Carrying out
2. Compliance culture:
Supportin various initiatives/activities on monthly/adhoc basis for promoting compliance culture
Bringing and executing new ideas to promote compliance culture
3. Product document review:
Ensure timely vetting of PMC documents and provide observations prior to product release, in accordance with applicable product regulations
Prepare and update a pre-reckoner checklist to facilitate efficient and standardized vetting of documents
4. Strengthening compliance:
Review and update critical Standard Operating Procedures (SOPs) to ensure alignment with applicable regulatory requirements
Maintain a centralized repository to track outages and compliance breaches
Provide timely and relevant regulatory advisories to stakeholders
5. Performing Compliance Audits:
Carrying out independent and in-depth compliance audits for corporate function
Prepare work papers documenting the review procedures performed and prepare review reports
Follow-up to determine implementation of corrective and preventive actions - track and validate implementation
status of highlighted issues;process improvements and plugging gaps basis audit findings
Close looping of completed reviews with respective process owner’s / branch heads for review closures
6. Undertake and deliver on special assignments, reviews, and projects as may be assigned from time to time
