Insurance Compliance Officer

Placements24; Mossel Bay; Hybrid; ZAR 520,000 - 900,000; Full time

Benefits offered by this job

Bonuses

Medical and retirement benefits

Growth opportunities

Hybrid work model

Job summary

Placements24 in Mossel Bay seeks an experienced Insurance Compliance Officer to develop and implement compliance programs and conduct audits. The role focuses on mitigating risks and ensuring adherence to laws and internal policies in a highly regulated environment.

You will monitor regulatory changes, provide staff guidance, and liaise with authorities to maintain the company’s integrity and reputation. Hybrid work arrangements are offered.

Qualifications

• Proven experience in compliance, preferably in insurance or financial services.
• Knowledge of insurance laws, regulations and best practices.
• Strong analytical and investigative capabilities.
• Excellent written and verbal communication, plus stakeholder management.

Responsibilities

• Develop and maintain a comprehensive compliance program.
• Monitor changes in legislation and assess impact on the business.
• Conduct internal audits and risk assessments for non-compliance.
• Provide training and guidance on compliance policies.
• Investigate breaches and ensure corrective actions are implemented.
• Liaise with regulatory bodies and external auditors.

Skills

Analytical skills

Communication skills

Problem-solving

Interpersonal skills

Regulatory knowledge

Education

Legal/Compliance qualification

Tools

Compliance software

Reporting tools

Job description

About the Role

Our client seeks a meticulous and experienced Insurance Compliance Officer to join their team in Mossel Bay . This pivotal role involves ensuring that the company adheres to all relevant laws, regulations, and internal policies governing the insurance industry. You will be responsible for developing and implementing compliance programs, conducting audits, and providing guidance to staff on regulatory matters. Your expertise will be crucial in mitigating risks and maintaining the company's integrity and reputation in a highly regulated environment. This is a significant opportunity for a compliance professional to make a substantial impact.

Key Responsibilities

• Develop, implement, and maintain a comprehensive compliance program for the organization.
• Monitor changes in relevant legislation and regulations and assess their impact on the business.
• Conduct regular internal audits and risk assessments to identify areas of non-compliance.
• Provide training and guidance to employees on compliance policies and procedures.
• Investigate compliance breaches, recommend corrective actions, and ensure their implementation.
• Liaise with regulatory bodies and external auditors as required.

Requirements

• Proven experience as a Compliance Officer , preferably within the insurance or financial services sector.
• In-depth knowledge of insurance laws, regulations, and compliance best practices.
• Strong analytical, investigative, and problem-solving skills.
• Excellent communication and interpersonal skills, with the ability to explain complex regulations clearly.
• Proficiency in compliance management software and reporting tools.
• Relevant legal, finance, or compliance qualifications are essential.

Benefits

• Competitive salary and performance-related bonuses.
• Comprehensive medical and retirement benefits.
• Opportunities for professional growth and certifications.
• A stable and supportive work environment in Mossel Bay .
• Flexible working arrangements within a hybrid model.