Insurance Compliance Officer

Placements24; Klerksdorp; On-site; ZAR 420,000 - 600,000; Full time

Benefits offered by this job

Competitive salary

Compliance framework

Professional development

Stable work environment

Robust compliance program

Job summary

Placements24 in Klerksdorp is seeking an Insurance Compliance Officer to join its legal and compliance team. You will monitor adherence to insurance laws, regulations, and internal policies, and help safeguard the company from penalties.

You will conduct audits, develop training programs, and promote a culture of integrity across the organization. The role requires a Bachelor's degree in Law, Business Administration, Finance, or a related field, at least four years in insurance compliance, and

Qualifications

• Bachelor's degree in Law, Business Administration, Finance, or related field.
• Minimum 4 years' experience in compliance, risk management, or legal roles in insurance.
• Thorough understanding of South African insurance regulations and best practices.
• Strong analytical skills and meticulous attention to detail.
• Excellent written and verbal communication, with the ability to explain complex regulations.

Responsibilities

• Monitor and interpret insurance laws and regulations, advising management on compliance.
• Develop, implement, and maintain compliance policies across business units.
• Conduct regular internal audits and risk assessments.
• Investigate potential compliance breaches and recommend corrective actions.
• Develop and deliver compliance training programs for employees.

Skills

Strong analytical skills

Attention to detail

Communication skills

Education

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

Job description

About the Role

Our client is looking for a diligent and detail-oriented Insurance Compliance Officer to join their legal and compliance department in Klerksdorp . This role is critical for ensuring that all company operations adhere to relevant insurance laws, regulations, and internal policies. You will be responsible for monitoring compliance, conducting internal audits, and developing training programs to promote a culture of integrity. Your expertise will help safeguard the company against legal and financial penalties, maintaining its reputation in the North West region.

Key Responsibilities

• Monitor and interpret insurance laws and regulations, advising management on compliance requirements.


• Develop, implement, and maintain compliance policies and procedures across all business units.


• Conduct regular internal audits and risk assessments to identify potential compliance issues.


• Investigate potential compliance breaches and recommend corrective actions.


• Develop and deliver compliance training programs to employees at all levels.

Requirements

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


• Minimum of 4 years of experience in compliance, risk management, or legal roles within the insurance industry.


• Thorough understanding of South African insurance regulations and industry best practices.


• Strong analytical skills and meticulous attention to detail.


• Excellent written and verbal communication skills, with the ability to explain complex regulations clearly.

Benefits

• Competitive annual salary and comprehensive benefits package.


• Opportunity to shape and maintain the company's compliance framework.


• Professional development opportunities and support for relevant certifications.


• A stable and ethical work environment in Klerksdorp .


• Contribution to a robust compliance program that protects the organization.