Regulatory Compliance Manager - Insurance Industry

PERSOL SINGAPORE PTE. LTD.; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

PERSOL Singapore seeks a senior regulatory compliance professional to lead governance and risk management across insurance businesses. The role acts as the primary liaison with authorities, advising on regulatory changes and driving compliance initiatives with stakeholders.

You will oversee local entities, monitor developments in the Insurance Act and Financial Advisers Act, and coordinate CRSA activities, reporting, and eGRC enhancements.

Qualifications

• Bachelor-level degree in a relevant field.
• 8–10 years of regulatory compliance experience in the insurance sector.
• Solid knowledge of Insurance Act and Financial Advisers Act and related guidelines.
• Strong leadership abilities and stakeholder relationship skills.
• Analytical and problem-solving abilities with attention to detail.
• Excellent communication and interpersonal skills.
• Ability to manage multiple tasks and work under pressure.
• Adaptable and able to embrace change.
• Proactive and self-motivated with independent and collaborative working style.

Responsibilities

• Serve as primary regulatory liaison with authorities, coordinating inspections and information requests.
• Provide compliance advisory on regulatory requirements and support business initiatives.
• Oversee local entities on compliance matters, including localisation of group policies.
• Identify and assess impact of regulatory developments and emerging risks.
• Manage compliance incidents, ensure timely reporting and action tracking.
• Initiate Compliance Requirement Self Assessments (CRSA) for applicable laws.
• Support enhancements to the eGRC system and assist testing.
• Prepare and coordinate compliance-related materials for management meetings.
• Undertake ad-hoc tasks/projects as delegated by supervisor or Head of Group Regulatory Compliance.

Skills

Leadership

Regulatory knowledge

Analytical thinking

Communication skills

Stakeholder management

Education

Degree in relevant field

Job description

Brief Summary:

Join a dynamic team focused on driving compliance excellence and risk management across various business units. Contribute to ensuring adherence to all relevant regulations and foster a culture of compliance.

Responsibilities:

• Serve as the primary regulatory liaison with authorities, coordinating and facilitating inspections and information requests.
• Provide compliance advisory on regulatory requirements and support business units in new initiatives/projects.
• Oversee and support local entities on compliance matters, including the localisation of Group policies and guidelines.
• Identify and assess the impact of regulatory developments while keeping abreast of industry trends and emerging risks.
• Manage compliance incidents, ensuring timely reporting and tracking of action plan resolutions.
• Initiate Compliance Requirement Self Assessments (CRSA) for applicable laws and regulations.
• Support enhancements to the eGRC system and assist relevant stakeholders during testing.
• Prepare and coordinate compliance-related materials and reports for management meetings.
• Undertake ad-hoc tasks/projects as delegated by the immediate Supervisor or Head of Group Regulatory Compliance.

Requirements:

• Minimum educational qualification of a degree in a relevant field.
• At least 8 – 10 years of experience in regulatory compliance within the insurance sector.
• Comprehensive knowledge of the Insurance Act, Financial Advisers Act, and related guidelines.
• Strong leadership abilities, self-motivated, and capable of building relationships with stakeholders.
• Meticulous with well-developed analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Ability to manage multiple tasks and perform under pressure.
• Adaptable and open to embracing changes.
• Proven capability to work independently and collaboratively.
• Proactive, resourceful, and adept at managing various responsibilities.