Policy Management (Compliance) Lead

Cigna; Riyadh; On-site; SAR 80,000 - 100,000; Full time

Job summary

A leading company in the insurance sector is seeking a Legal Compliance Senior Analyst in Riyadh. The role involves overseeing compliance operations, managing a team, and ensuring adherence to local laws. Ideal candidates will have strong communication skills, a Bachelor's degree, and experience in the Middle East insurance market. Join us to contribute to our mission of providing excellent insurance services while ensuring regulatory compliance.

Qualifications

• Minimum of 3 years’ experience in the Middle East insurance market.
• People management and reporting experience required.

Responsibilities

• Plan and coordinate operational activities for compliance.
• Provide support to regional teams on compliance queries.
• Maintain issue log for process improvements.

Skills

Communication

Leadership

Problem Solving

Analytical Skills

Education

Bachelor's degree

Tools

MS Office

Excel

Job description

The job profile for this position is Legal Compliance Senior Analyst, which is a Band 3 Senior Contributor Career Track Role.

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Description

Reporting to the Operations Manager, this lead position will be responsible for oversight and governance of the Operational Compliance function, including supervising responsibilities of the team. The Compliance function will be a critical area within Operations that will drive the activation of group insurance policies based on a complex review of our clients and customers, including risk assessments of their company profile and accuracy of data provided. The role requires key communication skills in order to partner with various teams across the organization and provide solutions for issues and ongoing improvements.

Responsibilities

• Plan and coordinate the operational activities to guarantee compliance with local Laws and Regulations.

  
  

• Set targets and measure performance

  
  

• Own responsibility of escalations and issues related to the team

  
  

• Provide extensive support and guidance to Regional and International teams on Middle East compliance queries and requirements.

  
  

• Govern compliance data gathering and validation activities on regular basis

  
  

• Maintain issue log to identify gaps and opportunities for process improvements.

  
  

• Support with internal and external audits

  
  

• Stays updated with the regulatory requirement with the changes and impart inter-department training when needed.

  
  

• Closely partner with regional sales and client management teams to provide advice, support and guidance on all regulatory and compliance matters.

  
  

• Support the teams to identify all compliance risks, help gather missing information and avoid non-compliance cases.

  
  

• Establish and maintain relationships with key stakeholders

  
  

Experience & Competencies

• Minimum Bachelor's degree

  
  

• Excellent English and Arabic written and oral communication skills

  
  

• People management and reporting experience

  
  

• Exceptional organizational and time-management focus

  
  

• Independently responds to inquiries, grievances, complaints, or appeals ranging from routine to severe complexity.

  
  

• High proficiency in MS office, excel in particular

  
  

• Understanding of regulatory requirements and its practical application

  
  

• Great rapport building and communication skills

  
  

• Strong problem solving, leadership skills, analytical and decision-making skills

  
  

• Minimum of 3 years’ experience of the Middle East insurance market and its associated risks

  
  

Please note that you must meet our posting guidelines to be eligible for consideration. Policy can be reviewed at this link.