Head : Legal and Compliance

PPS Recruitment; Johannesburg; On-site; ZAR 600,000 - 800,000; Full time

Job summary

A recruitment agency is looking for a candidate to manage the legal and compliance functions for their Short-Term Insurance Licence. The successful candidate will develop legal risk strategies, ensure compliance with regulatory requirements, and oversee Quality Assurance to enhance member experience. Strong legal knowledge and experience in risk management are essential for this role.

Qualifications

• Experience in legal and compliance functions.
• Strong knowledge of regulatory requirements.
• Proven track record in risk management strategies.

Responsibilities

• Develop and implement legal risk management strategy.
• Assist divisions in interpreting applicable legislation.
• Oversee Quality Assurance Strategy for the division.

Job description

Reporting to the PPS Short-Term Insurance CFO, the incumbent is responsible for the full legal and compliance function of the PPS Short-Term Insurance Licence.

The successful incumbent will proactively and constructively assist both the PPS Short-Term Insurance and PPS Health Professions Indemnity divisions in managing their responsibility to comply with all regulatory requirements and minimize compliance risk. This will be achieved through providing advice, guidelines, and applying risk management principles, policies, processes, and procedures.

Legal

In accordance with PPS Group governance arrangements, policies, frameworks, and procedures, the successful incumbent will develop, maintain, and implement a legal risk management strategy for the PPS Short-Term Insurance Licence. They will assist the business divisions in identifying and interpreting applicable legislation and minimizing legal risks by providing legal advice and assistance.

Compliance

Following PPS Group governance arrangements, policies, frameworks, and procedures, the incumbent will develop, maintain, and implement compliance risk management solutions. They will facilitate the management of compliance risks and breaches within the relevant division, applying accepted risk management principles proactively.

Quality Assurance

The incumbent will also be responsible for setting, implementing, and overseeing the Quality Assurance Strategy within the PPS Short-Term Division. This includes engaging with relevant departments to ensure that Quality Assurance tools and processes are effectively implemented, monitored, and utilized to add business value and enhance member experience.