Insurance Compliance Leader: Reg & Audit Specialist

Placements24; Soweto; On-site; ZAR 360,000 - 600,000; Full time

Benefits offered by this job

Professional development

Health and retirement benefits

Stable work environment

Regulatory exposure

Job summary

Placements24 in Soweto, Gauteng, is seeking an Insurance Compliance Officer to ensure adherence to SA insurance laws and industry standards. The role involves developing, implementing, and monitoring compliance programs and advising management on regulatory matters.

You will conduct internal audits, liaise with regulators, train staff, and prepare regulatory reports, with a focus on risk mitigation and ethical practice.

Qualifications

• 3+ years in compliance, legal, or regulatory affairs within insurance is preferred.
• Strong understanding of South African insurance laws and regulations.
• Excellent analytical, research, and problem-solving skills.
• Detail-oriented with strong organizational and time management abilities.

Responsibilities

• Develop, implement, and manage the company's compliance program.
• Monitor changes in insurance laws and ensure policies are updated.
• Conduct internal audits and assessments to ensure compliance.
• Investigate potential breaches and recommend corrective actions.
• Provide guidance and training to staff on compliance topics.
• Prepare and submit regulatory reports to authorities.
• Liaise with regulatory bodies and external auditors.
• Maintain accurate records of compliance activities.
• Advise management on risk and mitigation strategies.

Skills

Analytical skills

Written and verbal communication

Detail-oriented

Time management

Independent and teamwork

Education

Legal or business degree

Tools

Microsoft Office Suite

Compliance management software

Job description

Placements24 in Soweto, Gauteng, is seeking an Insurance Compliance Officer to ensure adherence to SA insurance laws and industry standards. The role involves developing, implementing, and monitoring compliance programs and advising management on regulatory matters.

You will conduct internal audits, liaise with regulators, train staff, and prepare regulatory reports, with a focus on risk mitigation and ethical practice.