Compliance Officer

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 experiencefixing broken processes for employees, HR teams, insurers, and healthcare providers. In just five years, weve 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 dont 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 Youll 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 Indias 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 Were 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