Legal, Risk And Compliance Officer | Durban
Job Description
Responsibilities
Drafting official documents and agreements which includes but is not limited to, letters of demand, agency agreements, new contracts and contract addendums
Conduct investigations on regulatory developments
Ensuring all employees and the company are compliant with the Financial Advisory and Intermediary Services Act and Financial Intelligence Centre Act
Communicating with Insurers regarding any regulatory or legal queries
Conducting and compiling external Insurer audits
Renewal of all company financial lines insurances and licenses
Develop and implement compliance framework
Prepare risk management reports
Amending and update compliance documentation and statutory disclosure notifications
Quality assurance of renewal procedure
Responsible for FICA and FAIS reporting and monitoring
Prepare internal compliance monitoring reports and calculate monthly compliance scores
Review internal claims and underwriting correspondence in accordance with legislative requirements
Monitoring ESG compliance
Review an monitoring of companys complaints and complaints resolution procedure
Minimum Requirements
LLB degree or similar
Regulatory qualification
Minimum 5 years experience in compliance or risk management within the insurance industry
Skills Required
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Job Detail
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Job IdJD1530313
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationDurban, KwaZulu-Natal, South Africa
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EducationNot mentioned