Insurance Compliance Officer - Remote

Placements24; Windsor Park (TN); Remote; USD 120,000 - 170,000; Full time

Benefits offered by this job

Competitive salary and comprehensiveb

Fully remote work arrangement

Opportunity to lead compliance for a a

Job summary

Placements24 is seeking an experienced Insurance Compliance Officer to join a fully remote team. You will oversee compliance for operations including those serving East London.

The role requires a Bachelor's degree in a related field and at least 5 years of compliance experience in insurance, with strong analytical and communication skills, and the ability to work independently in a remote setting.

Qualifications

• Bachelor's degree in Law, Business Administration, Finance, or related field.
• 5+ years of experience in compliance, legal, or risk management within the insurance industry.
• In-depth knowledge of insurance regulations and compliance requirements.

Responsibilities

• Develop, implement, and maintain comprehensive compliance programs and policies across the organization.
• Monitor changes in relevant laws and regulations, assessing their impact and updating accordingly.
• Conduct regular compliance audits and risk assessments to identify non-compliance risks.
• Provide training and guidance to employees on compliance-related issues and best practices.
• Investigate potential compliance breaches and recommend corrective actions.
• Liaise with regulatory bodies and external auditors as needed.
• Prepare compliance reports for senior management and regulatory authorities.

Skills

Strong analytical skills

Excellent communication

Independent remote work

Education

Bachelor's degree in Law, Business Administration, Finance, or a related field

Job description

About the Role

Our client is looking for an experienced and knowledgeable Insurance Compliance Officer to join their fully remote team, overseeing compliance for their operations including those serving East London . This critical role ensures that the company adheres to all relevant laws, regulations, and internal policies governing the insurance industry. You will develop, implement, and monitor compliance programs, conduct risk assessments, and provide guidance to staff on regulatory matters. The ideal candidate has a strong understanding of compliance frameworks, excellent analytical skills, and the ability to work independently in a remote setting. You will be instrumental in safeguarding the company's reputation and operational integrity.

Key Responsibilities

• Develop, implement, and maintain comprehensive compliance programs and policies across the organization.
• Monitor changes in relevant laws and regulations, assessing their impact on the company and implementing necessary updates.
• Conduct regular compliance audits and risk assessments to identify potential areas of non-compliance.
• Provide training and guidance to employees on compliance-related issues and best practices.
• Investigate potential compliance breaches and recommend corrective actions.
• Liaise with regulatory bodies and external auditors as needed.
• Prepare compliance reports for senior management and regulatory authorities.

Requirements

• Bachelor's degree in Law, Business Administration, Finance, or a related field.
• 5+ years of experience in compliance, legal, or risk management within the insurance industry .
• In-depth knowledge of insurance regulations and compliance requirements.
• Strong analytical, problem-solving, and investigative skills.
• Excellent communication, reporting, and presentation abilities.
• Proven ability to work independently and manage multiple priorities in a remote work environment.

Benefits

• Competitive salary and comprehensive benefits package.
• Fully remote work arrangement, offering maximum flexibility.
• Opportunity to lead compliance efforts for a growing insurance firm.
• Support for professional development and certifications.
• A challenging role with significant responsibility, impacting the company's ethical standards and operational success.