Max Life Insurance Company Limited is a Joint Venture between Max Financial Services Limited and Axis Bank Limited. Max Financial Services Ltd. is a part of the Max Group, an Indian multi business corporation.
Max Life offers comprehensive protection and long-term savings life insurance solutions, through its multichannel distribution including agency and third party distribution partners. Max Life has built its
operations over almost two decades through need-based sales process, a customer-centric approach to engagement and service delivery and trained human capital.
As per public disclosures, during the financial year 2019-20, Max Life achieved gross written premium of Rs. 16,184 crore. As on 31st March 2020, the Company had Rs. 68,471 crore of assets under management (AUM) and a Sum Assured in Force of Rs. 913,660 crore.
A compassionate leader who demonstrates appreciation for diversity in thoughts and approach towards people as well initiatives, eliminates biases to promote meritocracy. A coach who inspires people to excel and sets a culture of high performance.
Collaboration
A boundary-less leader who is capable of identifying & leveraging expertise of team members for superlative outcomes, thus, delivers to the organization’s ask. A leader who addresses challenges with a solution oriented approach to create “win-win” partnerships within & outside teams through inspired cooperation and teamwork.
Customer Obession
A leader who embodies Customer and keeps him at the core of all deliverables. Proactively anticipate customer needs and implement strategies to provide best in class customer experience.
Growth Mindset
An ambitious leader who can sponsor game changing ideas and rally the team to turn them into a reality. A leader who challenges the status quo, takes bold & creative actions to manage complex issues & achieve high impact goals by pushing self and others and raise the bar on performance.
People Leadership
A people’s leader who inspires their teams to stretch themselves and achieve their true potential. A leader who create leaders by coaching, empowering & motivating them to deliver superior business outcomes.
"Max Life Insurance is an Equal Opportunity Employer and promotes inclusion and diversity."
Position – Assistant Manager/Deputy Manager, Legal and Compliance
Qualification – LL.B., CS is desirable but not mandatory
Key Responsibilities
Compliance
Ensure effective implementation of Compliance Management Framework within the Company through timely implementation and monitoring of all regulatory requirements.
Analyse and comment on draft regulations and circulars issued by Regulators (PFRDA in particular).
Manage regulatory change management by carrying out Impact Analysis (along with business) of new laws and regulations and ensure their dissemination and implementation by the various functions.
Support in establishing Operational Processes and Policies in co-ordination with the respective functions.
Apprise Senior Management of the status of Regulatory Compliances.
Build critical relationships with internal clients.
Ensure that personal securities transactions of designated employees avoid conflict of interest with the transactions of the Company.
Ensure timely and accurate submission of data and reports (regular and ad hoc) to the regulatory authorities.
Ensure co-ordination with internal teams and rigorously follow-up for timely submissions
Secretarial and Legal
Secretarial
Preparation of draft documents for the Board, Committees and shareholders of the Company and drafting related documents including resolutions, minutes, notices, reports etc.
Maintaining Statutory Books (secretarial)/ Registers of the companies and timely filing/ submission of statutory forms/ returns/ documents etc. with the authorities
Preparation of Annual Report and Directors Report of the Company
Preparation of draft documents for filing with MCA/ROC
Legal and advisory
Drafting and vetting various kinds of deeds, agreements, contracts, arrangements, MOUs etc.
Provide advisory to the business and make recommendations to Management, wherever required.
Preparation of draft applications, responses and communication to the PFRDA relating to the relevant matters.
Review of Marketing collaterals
Skills :AML/KYC compliances, Compliance trackers, Compliance Audit, Adherence to code of conduct. A person writing Statutory and Regulatory compliances under core competencies does not make him suitable for this position.
Experience :
3 to 5 years of good exposure in legal and compliance function. The candidate should be preferably from Financial Sector (Candidates from PFM/POP will be added advantage).
Also, semi-qualified CS is not fine with us. The candidate should have completed CS. Otherwise, good candidates with exposure in legal and compliance function in a Financial Sector may be considered without CS qualification.
