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 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