Job Description
About Nova Benefits
Nova Benefits is on a mission to redefine employee health and wellness in India. We envision a future where every employee has access to high-quality healthcare through their workplace. As a tech-first company, we are using technology, automation, and service excellence to create a 10x better experience—fixing broken processes for employees, HR teams, insurers, and healthcare providers. In just five years, we’ve built an outstanding team, achieved strong product-market fit, and became the first Insurtech company in India to secure an IRDAI Insurance Broking license.
At Nova, we don’t just sell insurance — we improve employee happiness. Think of us more as an HR Tech company driving employee wellness, benefits, and risk management. Nova is led by CEO Saransh Garg (IIT Bombay, BCG, Accel, Y-Combinator) and backed by top global and regional investors, including Bessemer Venture Partners, SIG, Better Capital, Titan Capital, and Multiply Ventures.
What You’ll Own
As a Compliance Officer, you will ensure Nova operates with the highest standards of regulatory, statutory, and corporate compliance while enabling fast, sustainable growth.
IRDAI & Insurance Broking Compliance
- Ensure end-to-end compliance with IRDAI Insurance Brokers Regulations
- Manage quarterly, half-yearly, and annual IRDAI filings and returns
- Ensure adherence to BQP requirements, outsourcing norms, remuneration guidelines, and Code of Conduct
- Maintain and manage the BAP Portal for NIBPL
- Handle IRDAI inspections, regulatory queries, notices, and representations
Corporate & MCA Compliance
- Handle MCA compliances including AOC-4, MGT-7, DIR-3 KYC, DPT-3, MSME returns, and dematerialisation of shares
- Manage event-based filings such as INC-22, DIR-12, PAS-3, and allied forms
- Support Board processes, statutory disclosures, governance reporting, and compliance reviews
Labour Law & Employment Compliance
- Oversee EPFO, ESIC, and Professional Tax compliances including monthly and annual returns
- Manage employee onboarding and exit compliances
- File annual labour returns such as Bonus Act Form D, NFH returns, Shops & Establishments annual returns
- Ensure compliance under the Shops & Establishments Act, including registration, renewals, and statutory records
POSH & Internal Policy Management
- Ensure full POSH Act compliance, including ICC constitution, annual returns, and awareness trainings
- Draft, review, and implement internal policies:
- Compliance & Regulatory Policy
- Outsourcing Policy
- POSH Policy
- Vendor Management Policy
- Data Protection Policy
- Code of Conduct
Legal & Contractual Oversight
- Draft, review, and vet NDAs, SLAs, MOUs, addendums, employment agreements, and commercial contracts
- Advise HR and management on employment law risks, disciplinary actions, exits, confidentiality, and non-compete clauses
Risk, Audit & Stakeholder Management
- Maintain compliance trackers, statutory calendars, audit documentation, and inspection-ready records
- Coordinate with insurers, intermediaries, vendors, consultants, and internal stakeholders
- Handle regulatory notices, show-cause notices, and statutory communications
Why Join Nova?
High-Impact Role
Play a critical role in ensuring regulatory excellence for one of India’s fastest-growing HR Tech & Insurtech companies.
Leadership Exposure
Work closely with senior leadership and support Board-level governance and compliance initiatives.
Career Growth
Build deep expertise across IRDAI, corporate law, labour law, and governance in a high-growth startup environment.
Ownership & Trust
Be the single point of accountability for compliance in a regulated, innovation-driven organization.
Who We’re Looking For
- Minimum 1+ years of experience in Compliance, Legal or Company Secretarial roles
- Solid understanding of MCA and corporate governance is a must
- Strong hands-on experience with IRDAI Insurance Broker regulations
- Experience handling regulatory audits, inspections, and notices
- Strong drafting skills for policies, contracts, and regulatory responses
- Detail-oriented, process-driven, and audit-ready mindset
- Ability to collaborate across HR, Finance, Legal, and Leadership teams
- High ownership, integrity, and risk-awareness
Nova Benefits is on a mission to redefine employee health and wellness in India. We envision a future where every employee has access to high-quality healthcare through their workplace. As a tech-first company, we are using technology, automation, and service excellence to create a 10x better experience—fixing broken processes for employees, HR teams, insurers, and healthcare providers. In just five years, we’ve built an outstanding team, achieved strong product-market fit, and became the first Insurtech company in India to secure an IRDAI Insurance Broking license.
At Nova, we don’t just sell insurance — we improve employee happiness. Think of us more as an HR Tech company driving employee wellness, benefits, and risk management. Nova is led by CEO Saransh Garg (IIT Bombay, BCG, Accel, Y-Combinator) and backed by top global and regional investors, including Bessemer Venture Partners, SIG, Better Capital, Titan Capital, and Multiply Ventures.
What You’ll Own
As a Compliance Officer, you will ensure Nova operates with the highest standards of regulatory, statutory, and corporate compliance while enabling fast, sustainable growth.
IRDAI & Insurance Broking Compliance
- Ensure end-to-end compliance with IRDAI Insurance Brokers Regulations
- Manage quarterly, half-yearly, and annual IRDAI filings and returns
- Ensure adherence to BQP requirements, outsourcing norms, remuneration guidelines, and Code of Conduct
- Maintain and manage the BAP Portal for NIBPL
- Handle IRDAI inspections, regulatory queries, notices, and representations
Corporate & MCA Compliance
- Handle MCA compliances including AOC-4, MGT-7, DIR-3 KYC, DPT-3, MSME returns, and dematerialisation of shares
- Manage event-based filings such as INC-22, DIR-12, PAS-3, and allied forms
- Support Board processes, statutory disclosures, governance reporting, and compliance reviews
Labour Law & Employment Compliance
- Oversee EPFO, ESIC, and Professional Tax compliances including monthly and annual returns
- Manage employee onboarding and exit compliances
- File annual labour returns such as Bonus Act Form D, NFH returns, Shops & Establishments annual returns
- Ensure compliance under the Shops & Establishments Act, including registration, renewals, and statutory records
POSH & Internal Policy Management
- Ensure full POSH Act compliance, including ICC constitution, annual returns, and awareness trainings
- Draft, review, and implement internal policies:
- Compliance & Regulatory Policy
- Outsourcing Policy
- POSH Policy
- Vendor Management Policy
- Data Protection Policy
- Code of Conduct
Legal & Contractual Oversight
- Draft, review, and vet NDAs, SLAs, MOUs, addendums, employment agreements, and commercial contracts
- Advise HR and management on employment law risks, disciplinary actions, exits, confidentiality, and non-compete clauses
Risk, Audit & Stakeholder Management
- Maintain compliance trackers, statutory calendars, audit documentation, and inspection-ready records
- Coordinate with insurers, intermediaries, vendors, consultants, and internal stakeholders
- Handle regulatory notices, show-cause notices, and statutory communications
Why Join Nova?
High-Impact Role
Play a critical role in ensuring regulatory excellence for one of India’s fastest-growing HR Tech & Insurtech companies.
Leadership Exposure
Work closely with senior leadership and support Board-level governance and compliance initiatives.
Career Growth
Build deep expertise across IRDAI, corporate law, labour law, and governance in a high-growth startup environment.
Ownership & Trust
Be the single point of accountability for compliance in a regulated, innovation-driven organization.
Who We’re Looking For
- Minimum 1+ years of experience in Compliance, Legal or Company Secretarial roles
- Solid understanding of MCA and corporate governance is a must
- Strong hands-on experience with IRDAI Insurance Broker regulations
- Experience handling regulatory audits, inspections, and notices
- Strong drafting skills for policies, contracts, and regulatory responses
- Detail-oriented, process-driven, and audit-ready mindset
- Ability to collaborate across HR, Finance, Legal, and Leadership teams
- High ownership, integrity, and risk-awareness
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