Specialist: Compliance (insurance)

East London, Eastern Cape, South Africa

Job Description

Job Summary Our client in the Insurance industry is seeking a Specialist: Compliance to join their team. We are inviting applicants from suitably qualified persons to apply.
Should you meet the above requirements, please email your CV to - Copy of ID, qualifications and latest payslip
Duties & Responsibilities:
1. Contribute to the efficient and effective functioning of Compliance Function

  • Assist manager to ensure that compliance function are in compliance with law and industry and regulatory body requirements.
  • Promote prevention of legal and regulatory risk in the company.
  • Maintain efficient and effective operations in Compliance.
  • Validate that policies and procedures with regards to Compliance Function are being adhered to.
  • Oversee the debarment processes are being adhered to within the Group.
2. Attend to regulatory and client compliants
  • Assist with investigation of regulatory and clients compliants (Ombudsman cases)
3. Responsible for Compliance Monitoring and Reporting
  • Monitor compliance risk, policies and procedures at Head Office and branches.
  • Complete monitoring reports for Compliance Manager.
  • Provide overall compliance assistance, guidance and advice to the Group.
  • Contribute to the development of compliance risk management plans.
  • Contribute to the completion of compliance reporting (internal and regulatory).
4. Provide Training and Awareness on Compliance
  • Create awareness in the Group of Companies with law requirements.
  • Inform employees about relevant compliance matters.
  • Develop, educate and enabling healthy and business orientated compliance culture.
Minimum Requirements MUST HAVE
1. Formal Education:
  • Relevant Legal Degree/Diploma
  • LLB Degree is Non-negotiable
2. Technical/Legal Certification
  • Compliance Certificate
3. Experience
  • 2 - 3 years' Experience in long term insurance
  • 2 - 3 years' Experience in Risk Management and Compliance
  • 2 - 3 years' Experience in the Insurance Industry
4. Knowledge
  • Legislation: LTIA, FAIS, FICA, Companies Act, NCA, CPA, STI
  • CISA Accreditation requirement
5. Skills
  • Drafting of Letters and Agreements
Salary: R30 500-00 CTC p.m.
EE Position
  • The candidate will be required to travel to branches in the Eastern Cape area
  • The candidate must have a drivers licence
  • There will be a company car, the candidate will be sharing it with the Forensic Specialist
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Job Detail

  • Job Id
    JD1630913
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    R30,500 per month
  • Employment Status
    Permanent
  • Job Location
    East London, Eastern Cape, South Africa
  • Education
    Not mentioned