Insurance Compliance Officer

Placements24; Randburg; On-site; ZAR 350,000 - 550,000; Full time

Benefits offered by this job

Competitive salary

Job summary

Placements24 in Randburg is seeking a diligent Insurance Compliance Officer to ensure adherence to South African insurance laws and internal policies. You will develop, implement, and monitor compliance programs, conduct audits, and advise management on regulatory matters.

The role requires strong analytical and communication skills, integrity, and a relevant compliance qualification. Join a professional team in Gauteng and contribute to maintaining ethical practices and regulatory compliance.

Qualifications

• Experience as a Compliance Officer or similar regulatory role in financial services or insurance.
• In-depth knowledge of South African insurance legislation and regulatory frameworks.
• Strong analytical, problem-solving and decision-making skills.
• Excellent communication, presentation and interpersonal skills.
• High level of integrity and ethical conduct.
• A relevant legal or compliance qualification is essential.

Responsibilities

• Develop, implement, and monitor the company’s compliance program in line with regulatory requirements (FAIS, FICA, POPIA).
• Monitor regulatory changes and advise management accordingly.
• Conduct internal audits and reviews to ensure adherence to policies and procedures.
• Investigate compliance breaches, prepare reports, and recommend corrective actions.
• Provide training and guidance to staff on compliance matters and best practices.
• Liaise with regulatory bodies and external auditors as required.

Skills

Analytical thinking

Regulatory knowledge

Communication skills

Interpersonal skills

Integrity and ethics

Decision-making

Education

Legal or compliance qualification

Job description

About the Role

Our client is seeking a diligent and knowledgeable Insurance Compliance Officer to join their team in Randburg . This critical 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, implementing, and monitoring compliance programs, conducting audits, and providing guidance on regulatory matters. This is a key position for maintaining the integrity and reputation of the business, working within a professional environment in the bustling Gauteng region.

Key Responsibilities

• Develop, implement, and maintain the company's compliance program in line with regulatory requirements (e.g., FAIS, FICA, POPIA).
• Monitor regulatory changes and assess their impact on the business, advising management accordingly.
• Conduct regular internal audits and reviews to ensure adherence to policies and procedures.
• Investigate compliance breaches, prepare reports, and recommend corrective actions.
• Provide training and guidance to staff on compliance matters and best practices.
• Liaise with regulatory bodies and external auditors as required.

Requirements

• Proven experience as a Compliance Officer or in a similar regulatory role within the financial services or insurance sector.
• In-depth knowledge of South African insurance legislation and regulatory frameworks.
• Strong analytical, problem-solving, and decision-making skills.
• Excellent communication, presentation, and interpersonal skills.
• High level of integrity and ethical conduct.
• A relevant legal or compliance qualification is essential.

Benefits

• Competitive annual salary and performance-related bonuses.
• Full-time position with a structured career path in Randburg .
• Comprehensive medical aid, life assurance, and retirement fund.
• Opportunities for continuous professional development and industry certifications.
• A stable and professional work environment committed to ethical practices.