Assistant Compliance Manager

Zurich 56 Company Ltd; Kuala Lumpur; On-site; MYR 60,000 - 90,000; Full time

Job summary

A leading insurance firm in Kuala Lumpur is seeking a Compliance Officer to ensure alignment of compliance strategies with business objectives and regulatory requirements. The successful candidate will have a solid understanding of insurance laws and market conduct regulations, along with excellent communication and analytical skills. This full-time position offers opportunities for professional development and supports a diverse and inclusive workplace.

Benefits

Comprehensive training and development opportunities

Volunteering and charitable activity support

Promotes a diverse and inclusive culture

Qualifications

• At least 3 years of relevant experience in compliance.
• Excellent written and spoken English and local language skills.

Responsibilities

• Ensure compliance strategy aligns with business strategy and regulatory requirements.
• Assess new laws and regulations for applicability in operations.
• Monitor sales practices and support implementation of risk indicators.

Skills

Understanding of Insurance and Takaful laws

Market conduct regulations knowledge

Interpersonal and communication skills

Analytical skills

Presentation skills

Self-motivated attitude

Continuous improvement focus

Education

Bachelor’s degree in Accounting, Finance, Business, or Law

Job description

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Promotes an ethics-based culture, delivering practical solutions, guidance and training, identifying and managing less moderately complex Compliance Risks by implementing policies, processes, and controls related to the Compliance Risk Universe. Interacts with supervisory bodies when required.

Key Responsibilities

• Ensure the compliance strategy aligns with the business strategy, regulatory requirements, and industry trends.
• Promote an ethics-based culture through training, awareness activities, and provide management with relevant metrics.
• Assess new laws and trends for applicability and implementation in Zurich’s operations, ensuring all Market Conduct Risks are identified and managed.
• Support compliance advisory during product development and review processes by assessing conduct risks and ensuring alignment with fair customer outcomes, in accordance with regulatory requirements.
• Monitor sales practices and intermediary conduct, support the implementation of key risk indicators and targeted reviews, and collaborate with distribution teams to strengthen governance and compliance.
• Liaise with business and operational functions to embed regulatory requirements into procedures and facilitate operational controls.
• Prepare Management Information and monthly reports for the Group Compliance and relevant Committees.
• Perform Institutional Risk Assessments, identify gaps, and take corrective actions.
• Conduct internal quality assurance reviews on business processes to ensure compliance with local and Group requirements.
• Perform other duties as assigned by the supervisor to support departmental objectives and compliance.

Job Requirements

• Solid understanding of Insurance and Takaful laws, regulations, compliance best practices, and knowledge of financial products and systems.
• Bachelor’s degree in Accounting, Finance, Business, or Law, with at least 3 years of relevant experience.
• Strong knowledge of market conduct regulations and consumer protection frameworks.
• Excellent interpersonal and communication skills, with a self-motivated attitude.
• Proactive, with initiative and a focus on continuous improvement.
• Excellent written and spoken English and local language skills.
• Strong analytical and presentation skills.

At Zurich, we value Diversity and Inclusion and encourage you to bring your whole self to work. Our initiatives foster an environment where everyone feels welcome regardless of background, beliefs, or culture.

We are committed to continuous improvement and offer comprehensive training and development opportunities. Zurich supports employees in volunteering, charitable, and community activities.

Make a difference. Be challenged. Be inspired. Be supported. Love what you do. Work for us.

You are the heart & soul of Zurich!

We think outside the box and challenge the status quo, focusing on positives and asking "What can go right?"

We value our employees’ experience and offer opportunities across business areas for your career growth within Zurich.

We’re proud to be Great Place To Work certified. Our company culture is our top priority! #GPTWcertified

Let’s grow together!

Location: MY - Kuala Lumpur
Schedule: Full Time
Recruiter: Jesreena Kaur