Senior Governance Specialist - Insurance Compliance

AlFuttaim; Dubai; On-site; AED 279,000 - 424,000; Full time

Job summary

Al-Futtaim in Dubai searches for a Senior Governance Specialist - Insurance Compliance to fortify regulatory and governance practices across the UAE and international branches. You will build and maintain governance frameworks, monitor UAE insurance requirements, and liaise with authorities such as CBUAE, SCA, DoH, and DHA to ensure robust compliance.

The ideal candidate has 8–10 years in UAE governance/compliance within the insurance sector, with a degree in law/finance/risk and proven

Qualifications

• 8–10 years governance and compliance experience within UAE insurance industry.
• Strong knowledge of UAE insurance regulation, healthcare compliance, AML.
• Experience engaging multiple regulators (CBUAE, SCA, DoH, DHA) and handling audits/inspections.
• Ability to translate regulatory changes into internal controls, policies, monitoring and remediation.
• Experience overseeing governance/compliance for international branches and subsidiaries.

Responsibilities

• Develop, implement, and maintain governance frameworks, policies, and procedures.
• Review governance arrangements and enhance based on regulatory changes.
• Ensure governance aligns with legal obligations and organizational strategy.
• Monitor compliance with CBUAE, SCA, and other authorities.
• Evaluate governance systems and prepare reports for senior management and Board.
• Maintain awareness of UAE and international governance developments.
• Coordinate governance across international branches/subsidiaries.
• Oversee DoH and DHA healthcare compliance requirements.
• Support AML controls and related compliance measures.
• Establish structured monitoring programs and remediation plans.
• Prepare governance/compliance reports, dashboards, and updates.
• Provide regulatory guidance to management and teams.
• Act as a key contact during regulatory audits/inspections.

Skills

Corporate governance

Insurance compliance

Regulatory compliance

UAE insurance regulations

CBUAE

SCA

DoH

DHA

Anti-money laundering

Governance frameworks

Compliance monitoring

Regulatory audits

Regulatory inspections

Regulatory reporting

Governance policies

Compliance policies

Risk management

Regulatory risk

Healthcare regulations

Board reporting

Compliance training

Regulatory change management

International compliance

Subsidiary governance

Branch compliance

Regulatory liaison

Compliance assessments

Governance reporting

Education

Bachelor's Degree in Law/Finance/Risk

Job description

Senior Governance Specialist - Insurance Compliance

Job Snapshot

• Role: Senior Governance Specialist - Insurance Compliance
• Location: Dubai, United Arab Emirates
• Industry: Insurance
• Function: Risk Management-Compliance
• Experience: 8-10 years
• Job Type: Full-time
• Country: United Arab Emirates
• City: Dubai
• Industry: Insurance
• Function: Risk Management-Compliance
• Salary: 25000-38000 Estimated salary range based on similar jobs in the job city; please confirm the final offer with the employer.
• Gender: Any
• Candidate Nationality: Any
• Job Type: Full-time

Role Context

The Senior Governance and Compliance Specialist will help protect the organization from regulatory, legal, financial, and reputational risk by maintaining effective governance structures and ensuring compliance with applicable insurance and healthcare requirements. The position requires continuous engagement with regulatory authorities while translating evolving rules into practical internal controls, policies, monitoring programs, and corrective actions. It also extends beyond the UAE, requiring oversight of governance and compliance arrangements within branches and subsidiaries operating under different regulatory environments. Through strong regulatory relationships, disciplined monitoring, and clear reporting to senior management and the Board, the role will support responsible decision-making and maintain confidence in the organization 's governance framework.

Key Responsibilities

• Develop, implement, and maintain corporate governance frameworks, policies, and supporting procedures.
• Review governance arrangements regularly and recommend enhancements based on regulatory developments and business requirements.
• Ensure governance practices remain aligned with legal obligations, regulatory expectations, and organizational strategy.
• Monitor compliance with requirements issued by CBUAE, SCA, and other relevant authorities.
• Evaluate the effectiveness of governance systems and prepare findings for senior management and the Board of Directors.
• Maintain awareness of UAE and international governance developments and assess their potential organizational impact.
• Coordinate governance requirements across international branches and subsidiaries.
• Ensure overseas entities operate in accordance with applicable local regulations and Group governance standards.
• Monitor compliance with UAE insurance laws and related regulatory requirements.
• Maintain oversight of healthcare compliance obligations associated with DoH and DHA requirements.
• Support implementation and monitoring of anti-money laundering controls and related compliance measures.
• Establish structured compliance monitoring programs and identify areas requiring remediation.
• Develop corrective action plans for identified compliance gaps and monitor actions through closure.
• Review emerging regulatory developments and communicate their implications to relevant business stakeholders.
• Provide practical compliance guidance to management and operational teams.
• Deliver employee training covering regulatory obligations, AML, governance standards, and compliance responsibilities.
• Develop awareness materials addressing regulatory changes and relevant industry developments.
• Act as a key contact during regulatory audits, inspections, information requests, and formal inquiries.
• Coordinate regulatory submissions and supporting documentation where required.
• Build constructive working relationships with regulators and relevant industry bodies.
• Engage with CBUAE, SCA, DoH, DHA, and other authorities on governance and compliance matters.
• Maintain appropriate evidence supporting regulatory compliance and governance activities.
• Monitor compliance frameworks within branches and subsidiaries outside the UAE.
• Assess differences between local regulatory requirements and Group standards and coordinate appropriate controls.
• Escalate material governance, compliance, AML, or regulatory issues to senior leadership.
• Support risk assessments relating to regulatory and governance exposure.
• Prepare governance and compliance reports, dashboards, and management updates.
• Promote consistent ethical conduct, accountability, transparency, and regulatory awareness throughout the business.

Ideal Profile

Ideal Profile Candidates should hold a Bachelor 's Degree in Law, Finance, Risk, or another relevant discipline. A Master 's Degree or recognized professional certification in compliance, AML, risk, or governance will be advantageous. The position requires approximately 8-10 years of Governance and Compliance experience, specifically within the UAE insurance industry. Extensive knowledge of UAE insurance regulation, healthcare compliance, corporate governance frameworks, AML requirements, and risk management practices is essential. Candidates should have direct experience engaging with multiple regulators, particularly CBUAE, SCA, DoH, and DHA, and be comfortable handling regulatory inspections, audits, inquiries, and formal communications. Experience overseeing governance, risk, or compliance arrangements for international branches and subsidiaries is also important. The successful professional will demonstrate strong analytical judgment, regulatory interpretation skills, leadership capability, and the confidence to advise senior management on complex or high-risk compliance matters.

Skills Set

• Corporate governance
• Insurance compliance
• Regulatory compliance
• UAE insurance regulations
• CBUAE
• SCA
• DoH
• DHA
• Anti-money laundering
• AML compliance
• Governance frameworks
• Compliance monitoring
• Corrective action plans
• Regulatory audits
• Regulatory inspections
• Regulatory reporting
• Governance policies
• Compliance policies
• Risk management
• Regulatory risk
• Healthcare regulations
• Board reporting
• Compliance training
• Regulatory change management
• International compliance
• Subsidiary governance
• Branch compliance
• Regulatory liaison
• Compliance assessments
• Governance reporting

Why Join Us

This opportunity provides substantial exposure to governance and regulatory compliance within a highly regulated insurance environment where experienced professionals play a direct role in protecting business continuity, regulatory standing, and corporate reputation. The position offers interaction with major UAE regulators while also extending into international governance and compliance oversight. This combination creates a strong platform for professionals seeking broader responsibility across regulatory affairs, governance, enterprise compliance, AML, risk management, or senior GRC leadership.

About the Company

Al-Futtaim is a diversified privately held regional business headquartered in Dubai, United Arab Emirates. Established in the 1930s, the Group operates across automotive, financial services, real estate, retail, and healthcare, employing more than 35000 people across over 20 countries in the Middle East, Asia, and Africa. Al-Futtaim partners with more than 200 international brands and continues to expand through customer-focused operations, strategic investment, and long-term regional growth.