CS Professional · Banking and Insurance - Laws and Practice · Professional Opportunities
Meera, a Company Secretary, wants to work in an insurance company's compliance function ensuring adherence to IRDAI regulations, filing returns and coordinating with the regulator. Which career role best describes this?
The role is compliance officer. This person ensures the insurer follows insurance law and IRDAI directions, files returns and liaises with the regulator. Surveyors assess losses, actuaries price risk and agents sell policies, so none of those matches Meera's compliance-focused duties.
- ASurveyor and loss assessor
- BCompliance officerCorrect
- CActuary
- DInsurance agent
Explanation
A compliance officer ensures the insurer follows the insurance law and regulator directions, files returns and liaises with IRDAI. A surveyor assesses losses, an actuary computes premiums and reserves, and an agent sells policies. A company secretary's skills fit compliance best.
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