Regulatory and Government Affairs Lead

PolicyStreet; Kuala Lumpur; On-site; MYR 120,000 - 160,000; Full time

Job summary

A leading insurtech company in Kuala Lumpur seeks a Regulatory & Government Affairs Lead to drive regulatory strategy and compliance efforts. This role involves monitoring regulations, managing government relations, and overseeing licensing and filings. The ideal candidate has a minimum of 5 years' experience in insurance or regulatory affairs, exceptional communication and negotiation skills, and the ability to navigate complex compliance landscapes. A strong understanding of Bank Negara Malaysia regulations is preferred.

Qualifications

• Minimum 5 years of relevant experience in insurance or regulatory affairs.
• Familiarity with insurance regulations in Malaysia.
• Confident communicator with political sensitivity.

Responsibilities

• Drive regulatory strategy and compliance coordination.
• Build relationships with regulators and government agencies.
• Manage licensing requirements for group entities.

Skills

Regulatory strategy development

Government relations

Compliance management

Risk management

Commercial acumen

Negotiation skills

Communication skills

Job description

The Regulatory & Government Affairs Lead drives regulatory strategy, compliance coordination, government engagement, and licensing operations to support the company’s strategic goals across Malaysia and other markets.

WHAT YOU’LL DO:

• Regulatory Strategy & Monitoring
  • Track, interpret, and analyse regulatory developments across jurisdictions, including but not limited to Bank Negara Malaysia, Labuan FSA, and other government agencies and ministries.
  • Maintain a regulatory obligations register (ROR) and work with our Legal team to drive timely filings, renewals, and audits.
  • Develop implementation roadmaps following regulatory changes, ensuring the company transitions smoothly into compliance.
• Government Relations & Stakeholder Management
  • Build and nurture strategic relationships with regulators, government agencies, and relevant industry associations.
  • Initiate early engagement with regulators to understand upcoming regulations, influence policy direction where appropriate, and prepare internal teams for potential impacts.
• Compliance and Risk Management
  • Identify governance and compliance risks and propose mitigation approaches.
  • Translate regulatory requirements into actionable compliance steps for internal teams, and oversee the execution of compliance plans in partnership with the respective internal stakeholders.
  • Collaborate with internal stakeholders on ensuring that both commercial interests and regulatory matters are taken into consideration in our ongoing undertakings.
• Licensing, Approvals & Regulatory Filings
  • Manage end-to-end licensing requirements for group entities (e.g., Labuan reinsurer, financial service providers, broking/agency entities, Australian operations).
  • Own operational execution and collaborate with our Legal team on regulatory accuracy and statutory compliance.
  • Ensure timely and accurate submissions to the regulators.

WHAT WE EXPECT OF YOU:

• Minimum 5 years of relevant experience in insurance/insurance consulting AND regulatory affairs or compliance, with familiarity with insurance/insurtech regulations.
• Experience in Bank Negara Malaysia or interfacing with regulators or government stakeholders, is strongly preferred.
• Strong commercial acumen with excellent negotiation skills.
• Confident communicator with political sensitivity to influence and build trust with senior stakeholders.
• Self-starter with strong ownership, integrity, and pragmatic problem-solving.
• Highly structured with strong documentation skills.