Compliance Exec, Regulatory Compliance

Zurich Life Insurance Malaysia Berhad; Kuala Lumpur; On-site; MYR 50,000 - 80,000; Full time

Benefits offered by this job

Miscellaneous allowance

Monthly Incentive

Free Oversea Convention

Job summary

Zurich Life Insurance Malaysia Berhad seeks an entry-level to junior Regulatory Compliance Advisor to monitor regulatory developments and provide timely advisory on compliance obligations. You will assist with product development compliance, risk assessments, and liaison with legal and business teams to embed regulatory requirements into processes.

Ideal candidates have a basic understanding of insurance/takaful laws, strong communication skills, and a proactive, improvement-driven mindset.

Qualifications

• Understanding of insurance and takaful laws, regulatory frameworks and compliance principles.
• Bachelor’s degree in Law, Finance, Business, Accounting, or related field.
• 1-2 years of relevant experience in legal, risk management or regulatory advisory (internship or entry-level exposure acceptable)

Responsibilities

• Assist in aligning compliance activities with the company’s business strategy, regulatory requirements and industry developments.
• Support the promotion of an ethics-based culture through training and awareness initiatives.
• Monitor and assess new laws, regulations and regulatory trends and assist in evaluating their applicability to the company’s operations in collaboration with Legal.
• Provide compliance advisory support during product development, business initiatives and operational reviews in accordance with applicable regulatory requirements.
• Participate in compliance risk assessments and gap analyses, and assist stakeholders with effective implementation of controls and remedial actions.
• Liaise with business and operational teams to help embed Group and local regulatory requirements into procedures, and support the implementation of compliance policies through operational controls.
• Assist in preparing management information and monthly reports for Group Compliance and relevant governance committees.
• Support communication with regulatory authorities, including coordinating responses to regulatory inquiries and assisting with submissions or inspections.
• Maintain documentation and records related to compliance advisory activities and regulatory correspondence.
• Perform any other duties or responsibilities as assigned by the line manager to support departmental objectives and regulatory compliance.

Skills

Regulatory compliance

Insurance law

Takaful regulations

Communication

Analytical skills

Microsoft Excel

Education

Bachelor's degree

Tools

Microsoft Word

PowerPoint

Job description

Supporting the Company's efforts to maintain robust compliance with applicable laws, regulations and guidelines by monitoring regulatory developments, evaluating their impact on business operations and providing timely, practical advice to internal stakeholders on compliance obligations and effective implementation.

Key Responsibilities

• Assist in aligning compliance activities with the company’s business strategy, regulatory requirements and industry developments.
• Support the promotion of an ethics-based culture through training and awareness initiatives.
• Monitor and assess new laws, regulations and regulatory trends and assist in evaluating their applicability to the company’s operations in collaboration with Legal.
• Provide compliance advisory support during product development, business initiatives and operational reviews in accordance with applicable regulatory requirements.
• Participate in compliance risk assessments and gap analyses, and assist stakeholders with effective implementation of controls and remedial actions.
• Liaise with business and operational teams to help embed Group and local regulatory requirements into procedures, and support the implementation of compliance policies through operational controls.
• Assist in preparing management information and monthly reports for Group Compliance and relevant governance committees.
• Support communication with regulatory authorities, including coordinating responses to regulatory inquiries and assisting with submissions or inspections.
• Maintain documentation and records related to compliance advisory activities and regulatory correspondence.
• Perform any other duties or responsibilities as assigned by the line manager to support departmental objectives and regulatory compliance.

Job Requirements:

• A basic understanding of insurance and takaful laws, regulatory frameworks and compliance principles.
• A Bachelor’s degree in Law, Finance, Business, Accounting, or related field.
• 1-2 years of relevant experience in legal, risk management or regulatory advisory (internship or entry-level exposure is acceptable)
• Interest in regulatory compliance and willingness to develop expertise in insurance and takaful regulations and governance practices.
• Good interpersonal and communication skills, with a self-motivated attitude.
• Proactive, demonstrating initiative and continuously seeking areas for improvement.
• Excellent written and spoken communication skills in English and the local language.
• Strong analytical and presentation skills.
• Proficient in Microsoft Excel, Word and PowerPoint, with ability to prepare reports, presentation and documentation efficiently.

At Zurich we are proud of our culture. We are passionate about Diversity and Inclusion. We want you to bring your whole self to work we have a diverse mix of customers, and we want our employee base to reflect that.

Our diversity and inclusion initiatives are creating an environment where everyone feels welcome regardless of protected characteristics.

With the above in mind, we accept applications from everyone regardless of your background, beliefs, or culture.

We are committed to continuous improvement, and we offer access to a comprehensive range of training and development opportunities. Zurich is passionate about supporting employees to help others by getting involved in volunteering, charitable and community activity.
So, make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us.

You are the heart & soul of Zurich!

At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking What can go right? We highly value the experience and know-how of our employees and offer a wide range of opportunities across business areas to encourage you to apply for new opportunities within Zurich when you are ready for your next career step. We're proud to have earned Great Place To Work® Certification™. Our company culture is our top priority! #GPTWcertified

Let’s continue to grow together!

Location(s): MY - Kuala Lumpur
Schedule: Full Time
Recruiter name: Jesreena Kaur

Zurich is one of the world's leading insurance group, and one of the few to operate on a truly global basis. Founded 140 years ago, today we employ over 60,000 dedicated employees and serve customers in over 170 countries around the world; with strong positions in North America and Europe, and growing positions in the Middle East, Latin America, and Asia-Pacific.

Founded in Switzerland in 1872, the Zurich Insurance Group ("Zurich") is one of the world's leading insurance groups, and one of the few to operate on a truly global basis.

Zurich is one of the world's leading insurance group, and one of the few to operate on a truly global basis. Founded 140 years ago, today we employ over 60,000 dedicated employees and serve customers in over 170 countries around the world; with strong positions in North America and Europe, and growing positions in the Middle East, Latin America, and Asia-Pacific.

Founded in Switzerland in 1872, the Zurich Insurance Group ("Zurich") is one of the world's leading insurance groups, and one of the few to operate on a truly global basis.

Perks and benefits Miscellaneous allowance Monthly Incentive, Free Oversea Convention