Insurance Compliance Officer

Placements24; LegKraal Gate; Hybrid; ZAR 520,000 - 760,000; Full time

Benefits offered by this job

Hybrid work arrangement

Professional development opportunities

Competitive salary

Job summary

Placements24 in Mahikeng is seeking an Insurance Compliance Officer to develop and monitor compliance programs, conduct internal audits, and guide staff on regulatory matters. You will ensure adherence to insurance laws and internal policies, liaise with regulators, and maintain accurate records.

Ideal candidates will have strong regulatory knowledge, analytical and auditing skills, integrity, and relevant professional qualifications.

Qualifications

• Proven experience as a Compliance Officer or similar regulatory role, preferably in insurance.
• In-depth knowledge of insurance laws, regulations and industry standards.
• Strong analytical, auditing and problem-solving skills.
• Excellent communication, interpersonal and reporting abilities.
• High level of integrity and ethical conduct, professional qualifications advantageous.

Responsibilities

• Develop, implement and maintain comprehensive compliance programs and policies.
• Monitor regulatory changes and assess impact on operations.
• Conduct internal audits and reviews to ensure compliance.
• Investigate potential breaches and recommend corrective actions.
• Provide training and guidance to staff on compliance requirements.

Skills

Analytical skills

Auditing

Regulatory knowledge

Communication

Reporting

Education

Law degree

Finance qualification

Compliance qualification

Job description

About the Role

Our client is seeking a diligent and knowledgeable Insurance Compliance Officer to join their team in Mahikeng . This role is critical in ensuring that all operations adhere to the complex web of insurance regulations, laws, and internal policies. You will be responsible for developing, implementing, and monitoring compliance programs, conducting internal audits, and providing guidance to staff on regulatory matters. The ideal candidate possesses a strong understanding of the insurance industry's legal and regulatory landscape and is committed to upholding the highest standards of ethical conduct and corporate governance. Join a team dedicated to maintaining integrity and trust within the financial services sector.

Key Responsibilities

• Develop, implement, and maintain comprehensive compliance programs and policies.
• Monitor regulatory changes and assess their impact on the company's operations.
• Conduct internal audits and reviews to ensure adherence to compliance standards.
• Investigate potential compliance breaches and recommend corrective actions.
• Provide training and guidance to employees on compliance requirements and best practices.
• Liaise with regulatory bodies and external auditors as required.
• Maintain accurate records of compliance activities and reporting.

Requirements

• Proven experience as a Compliance Officer or in a similar regulatory role, preferably within insurance.
• In-depth knowledge of insurance laws, regulations, and industry standards.
• Strong analytical, auditing, and problem-solving skills.
• Excellent communication, interpersonal, and reporting skills.
• High level of integrity and ethical conduct.
• Relevant professional qualification (e.g., in law, finance, or compliance) is advantageous.

Benefits

• Competitive salary and benefits package.
• Opportunities for professional growth and development in regulatory affairs.
• A structured and supportive work environment in Mahikeng .
• Hybrid work arrangement offering a balance of in-office collaboration and remote flexibility.
• Contribution to maintaining ethical standards within the insurance industry.