Insurance Compliance Officer

Placements24; George; In loco; ZAR 480.000 - 720.000; Tempo pieno

Vantaggi offerti da questo lavoro

Medical aid

Retirement fund benefits

Paid annual leave and sick leave

Professional development opportunities

Company-sponsored memberships and cert

Ethical work environment

Descrizione del lavoro

Placements24 in George, Western Cape seeks an Insurance Compliance Officer to ensure adherence to SA insurance laws and internal policies. The role focuses on developing and monitoring compliance programs, risk assessments and staff guidance to uphold integrity and regulatory standards.

The ideal candidate has 3–5 years in compliance, strong analytical and communication skills, and a commitment to ethical practices within the insurance sector.

Competenze

• Bachelor's degree in Law, Business, Finance, or related field is required.
• 3–5 years in compliance, legal or audit roles in insurance/finance.
• Solid knowledge of SA insurance laws and regulations (FAIS Act, PFA).
• Strong analytical, investigative and problem-solving abilities.
• Excellent communication, presentation and interpersonal skills.

Mansioni

• Develop, implement and maintain the company’s compliance program per SA regulations.
• Monitor legislative changes and assess impact on operations.
• Conduct internal audits and risk assessments for non-compliance.
• Develop and deliver staff training on compliance requirements.
• Investigate breaches and recommend corrective actions.
• Prepare compliance reports for management and regulators.
• Advise on compliance matters and interpret regulatory rules.
• Ensure policies reflect current regulatory standards and guidelines.
• Act as liaison with regulatory bodies and respond to information requests.
• Promote a culture of compliance and ethics throughout the organization in George, Western Cape.

Conoscenze

Regulatory knowledge

Analytical skills

Communication skills

Attention to detail

Problem-solving

Formazione

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

Strumenti

Microsoft Office Suite

Compliance management software

Descrizione del lavoro

About the Role

Our client, a reputable insurance firm, is looking for a meticulous and knowledgeable Insurance Compliance Officer to join their dedicated team in George, Western Cape . This role is essential for ensuring that the company adheres to all relevant laws, regulations, and internal policies governing the insurance industry in South Africa. The Compliance Officer will be responsible for developing, implementing, and monitoring compliance programs, conducting risk assessments, and providing guidance to staff on regulatory requirements. The ideal candidate will have a strong understanding of insurance legislation, excellent analytical skills, and a commitment to upholding ethical standards. This is a crucial position for maintaining the integrity and reputation of the company and ensuring smooth operations within the George, Western Cape area. We seek a proactive and detail-oriented professional who can navigate the complexities of regulatory compliance effectively.

Key Responsibilities

• Develop, implement, and maintain the company's compliance program in line with South African insurance regulations.
• Monitor changes in legislation and regulatory requirements and assess their impact on the company's operations.
• Conduct internal audits and risk assessments to identify potential areas of non-compliance.
• Develop and deliver compliance training programs to employees at all levels.
• Investigate compliance breaches and recommend corrective actions.
• Prepare compliance reports for senior management and regulatory authorities.
• Advise management and staff on compliance matters, interpreting regulatory requirements.
• Ensure that all policies and procedures are updated to reflect current regulatory standards.
• Act as a liaison with regulatory bodies, responding to inquiries and requests for information.
• Promote a culture of compliance and ethical conduct throughout the organization in George, Western Cape .

Requirements

• Bachelor's degree in Law, Business, Finance, or a related field.
• Minimum of 3-5 years of experience in compliance, legal, or audit roles within the insurance or financial services industry.
• Thorough knowledge of South African insurance laws and regulations (e.g., FAIS Act, PFA).
• Strong analytical, investigative, and problem-solving skills.
• Excellent communication, presentation, and interpersonal skills.
• High level of integrity and attention to detail.
• Proficiency in Microsoft Office Suite and compliance management software.
• Ability to work independently and manage multiple priorities effectively.
• Experience in risk management is a strong asset for this role based in George, Western Cape .

Benefits

• Competitive salary and potential for performance-based incentives.
• Comprehensive medical aid and retirement fund benefits.
• Paid annual leave and sick leave.
• Opportunities for professional development and specialized compliance training.
• A stable and ethical work environment in George, Western Cape .
• Supportive management team committed to regulatory excellence.
• Company-sponsored professional memberships and certifications.