Risk and Compliance Associate Manager
Gurugram
Job No. aioc-s01635420
Full-time
工作描述
Skill required: Risk & Compliance - Risk Management
Designation: Risk and Compliance Associate Manager
Qualifications:Any Graduation
Years of Experience:10 to 14 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 784,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do? The 1st Line Audit / Risk & Compliance role is responsible for embedding risk ownership and control discipline within US insurance business operations. The role ensures day to day processes comply with US regulatory requirements, internal control standards, client policies, and contractual obligations, while proactively identifying, assessing, and mitigating operational, compliance, and conduct risks as part of the First Line of Defense (1LoD) framework. Risk & Compliance involves identifying, assessing, and managing risks to ensure an organization adheres to laws and regulations. This role includes developing risk management strategies, conducting compliance audits, and implementing policies to mitigate risks. It also involves monitoring regulatory changes and ensuring the organization remains compliant. The goal is to protect the organization from legal and financial risks while maintaining ethical standards. Anticipate, plan for, and react to risks and issues to the project, including categorizing their severity, taking into account the likelihood of occurrence, mitigation & contingency planning. Follow an agile approach that builds risk management into scrum roles, artifacts, and events and helps in continuous project delivery.
What are we looking for? Technical / Functional Skills • Strong understanding of Insurance Operations and First Line risk management • Experience with internal controls, RCMs, audit testing, and issue remediation • Familiarity with US insurance regulatory environment and client governance expectations • Proficiency in MS Excel, Word, and PowerPoint for analysis and reporting Behavioral & Professional Skills • Strong analytical and problem solving capability • High attention to detail and documentation discipline • Clear, concise, and professional communication skills • Ability to work effectively with auditors, compliance teams, and business stakeholders • Strong ownership, execution focus, and time management • Graduate / Post Graduate in Commerce, Finance, Accounting, Risk Management, or related fields • CA Inter / CPA / MBA / Equivalent qualification preferred • 8+ years of experience in Risk, Compliance, Internal Audit, or Control Assurance • Prior experience supporting US Insurance (Life, Annuities, Retirement Services, or P&C) strongly preferred
Roles and Responsibilities: •First Line Risk & Control Execution • Execute risk and control assessments, walkthroughs, and self testing across insurance operations supporting the US market. • Perform Test of Design (ToD) and Test of Operating Effectiveness (ToE) for key controls embedded within business processes. • Identify, assess, and document risks (High / Medium / Low) based on impact, likelihood, and regulatory exposure. • Ensure adherence to approved policies, procedures, underwriting guidelines, and operational SOPs. Audit & Assurance Support • Support internal audits, SOX testing (where applicable), regulatory exams, and client audits by coordinating walkthroughs, evidence, and responses. • Maintain and update audit issue and action plan trackers, ensuring timely remediation and validation. • Prepare audit working papers, control narratives, and management responses. • Conduct follow up reviews to validate effectiveness of corrective actions and prevent repeat findings. Regulatory & Compliance (US Insurance Focus) • Ensure compliance with applicable US insurance regulatory requirements, internal governance standards, and client mandated controls. • Perform periodic checks across key insurance processes, including: o Policy issuance and underwriting o Premium processing and reconciliations o Claims adjudication and payouts o Customer onboarding and servicing o Data privacy and customer information handling • Support compliance activities related to AML, fraud prevention, consumer protection, and data governance, as applicable. Risk Reporting & Documentation • Draft clear, objective, and well structured risk observations, control gaps, and root cause analyses. • Prepare risk summaries, dashboards, and thematic insights for senior management and client stakeholders. • Escalate material risks, control failures, or regulatory concerns in a timely and professional manner. Governance & Continuous Improvement • Identify opportunities for process improvement, control standardization, and automation. • Support enterprise initiatives related to operational resilience, risk governance, and quality uplift. • Promote a strong risk culture and reinforce accountability within business teams.
Designation: Risk and Compliance Associate Manager
Qualifications:Any Graduation
Years of Experience:10 to 14 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 784,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do? The 1st Line Audit / Risk & Compliance role is responsible for embedding risk ownership and control discipline within US insurance business operations. The role ensures day to day processes comply with US regulatory requirements, internal control standards, client policies, and contractual obligations, while proactively identifying, assessing, and mitigating operational, compliance, and conduct risks as part of the First Line of Defense (1LoD) framework. Risk & Compliance involves identifying, assessing, and managing risks to ensure an organization adheres to laws and regulations. This role includes developing risk management strategies, conducting compliance audits, and implementing policies to mitigate risks. It also involves monitoring regulatory changes and ensuring the organization remains compliant. The goal is to protect the organization from legal and financial risks while maintaining ethical standards. Anticipate, plan for, and react to risks and issues to the project, including categorizing their severity, taking into account the likelihood of occurrence, mitigation & contingency planning. Follow an agile approach that builds risk management into scrum roles, artifacts, and events and helps in continuous project delivery.
What are we looking for? Technical / Functional Skills • Strong understanding of Insurance Operations and First Line risk management • Experience with internal controls, RCMs, audit testing, and issue remediation • Familiarity with US insurance regulatory environment and client governance expectations • Proficiency in MS Excel, Word, and PowerPoint for analysis and reporting Behavioral & Professional Skills • Strong analytical and problem solving capability • High attention to detail and documentation discipline • Clear, concise, and professional communication skills • Ability to work effectively with auditors, compliance teams, and business stakeholders • Strong ownership, execution focus, and time management • Graduate / Post Graduate in Commerce, Finance, Accounting, Risk Management, or related fields • CA Inter / CPA / MBA / Equivalent qualification preferred • 8+ years of experience in Risk, Compliance, Internal Audit, or Control Assurance • Prior experience supporting US Insurance (Life, Annuities, Retirement Services, or P&C) strongly preferred
Roles and Responsibilities: •First Line Risk & Control Execution • Execute risk and control assessments, walkthroughs, and self testing across insurance operations supporting the US market. • Perform Test of Design (ToD) and Test of Operating Effectiveness (ToE) for key controls embedded within business processes. • Identify, assess, and document risks (High / Medium / Low) based on impact, likelihood, and regulatory exposure. • Ensure adherence to approved policies, procedures, underwriting guidelines, and operational SOPs. Audit & Assurance Support • Support internal audits, SOX testing (where applicable), regulatory exams, and client audits by coordinating walkthroughs, evidence, and responses. • Maintain and update audit issue and action plan trackers, ensuring timely remediation and validation. • Prepare audit working papers, control narratives, and management responses. • Conduct follow up reviews to validate effectiveness of corrective actions and prevent repeat findings. Regulatory & Compliance (US Insurance Focus) • Ensure compliance with applicable US insurance regulatory requirements, internal governance standards, and client mandated controls. • Perform periodic checks across key insurance processes, including: o Policy issuance and underwriting o Premium processing and reconciliations o Claims adjudication and payouts o Customer onboarding and servicing o Data privacy and customer information handling • Support compliance activities related to AML, fraud prevention, consumer protection, and data governance, as applicable. Risk Reporting & Documentation • Draft clear, objective, and well structured risk observations, control gaps, and root cause analyses. • Prepare risk summaries, dashboards, and thematic insights for senior management and client stakeholders. • Escalate material risks, control failures, or regulatory concerns in a timely and professional manner. Governance & Continuous Improvement • Identify opportunities for process improvement, control standardization, and automation. • Support enterprise initiatives related to operational resilience, risk governance, and quality uplift. • Promote a strong risk culture and reinforce accountability within business teams.
职位要求
Any Graduation
