Insurance Compliance Officer

Placements24; Kimberley; Hybrid; CAD 90,000 - 120,000; Full time

Benefits offered by this job

Competitive salary

Professional development

Ethical work environment

Kimberley location

Job summary

Placements24 in Kimberley is seeking an Insurance Compliance Officer who is meticulous and knowledgeable to ensure adherence to regulatory requirements and internal policies in a highly regulated market.

You will develop, implement, and monitor compliance programs, conduct internal audits, and advise management on regulatory changes, with a focus on FAIS, FICA, and POPIA. This role offers a competitive package and opportunities to shape compliance standards.

Qualifications

• A degree in Law, Finance, Business, or a related field.
• Minimum of 5 years of experience in a compliance or legal role, preferably within the financial services or insurance industry.
• In-depth knowledge of South African insurance legislation and regulatory frameworks.

Responsibilities

• Develop, implement, and manage the company's compliance program, ensuring adherence to all relevant laws and regulations (e.g., FAIS, FICA, POPIA).
• Monitor regulatory changes and assess their impact on the company's operations, policies, and procedures.
• Conduct regular internal audits and reviews to identify compliance gaps and areas for improvement.
• Investigate compliance breaches and recommend corrective actions.
• Develop and deliver compliance training to staff across all departments.
• Liaise with regulatory bodies and external auditors as required.

Skills

Regulatory knowledge

Audit skills

Policy development

Analytical thinking

Education

Bachelor's degree in Law/Finance/Business

Job description

About the Role

Our client is seeking a meticulous and knowledgeable Insurance Compliance Officer to ensure adherence to regulatory requirements and internal policies within their operations. This role, based in Kimberley , is crucial for maintaining the company's integrity and reputation in the highly regulated insurance market. You will be responsible for developing, implementing, and monitoring compliance programs, conducting internal audits, and advising management on regulatory changes. This is an excellent opportunity for a legal or compliance professional with a strong understanding of the insurance sector.

Key Responsibilities

• Develop, implement, and manage the company's compliance program, ensuring adherence to all relevant laws and regulations (e.g., FAIS, FICA, POPIA).
• Monitor regulatory changes and assess their impact on the company's operations, policies, and procedures.
• Conduct regular internal audits and reviews to identify compliance gaps and areas for improvement.
• Investigate compliance breaches and recommend corrective actions.
• Develop and deliver compliance training to staff across all departments.
• Liaise with regulatory bodies and external auditors as required.

Requirements

• A degree in Law, Finance, Business, or a related field.
• Minimum of 5 years of experience in a compliance or legal role, preferably within the financial services or insurance industry .
• In-depth knowledge of South African insurance legislation and regulatory frameworks.
• Strong analytical, investigative, and problem-solving skills.
• Excellent communication, interpersonal, and report-writing abilities.

Benefits

• Competitive annual salary and benefits package.
• Opportunity to shape and maintain compliance standards.
• Professional development and continuous learning support.
• Work within a respected organization in Kimberley .
• Supportive and ethical work environment.