Insurance Compliance Officer

Placements24; Sandton; À distance; ZAR 700 000 - 1 000 000; Plein temps

Avantages offerts par ce poste

Fully remote work arrangement

Competitive salary & benefits

Résumé du poste

Placements24 is seeking an Insurance Compliance Officer for a fully remote role in South Africa. You will ensure adherence to FAIS, FIC Act, Companies Act, and other regulatory requirements while guiding management on risk and compliance matters.

You will develop and maintain the compliance program, monitor regulatory changes, conduct audits, and deliver training across the organization. The ideal candidate has 4+ years in compliance within financial services and excellent analytical and

Qualifications

• Bachelor's degree in Law, Business, Finance, or related field.
• Minimum 4 years of experience in compliance, internal audit, or a legal role within insurance/financial services.
• Strong knowledge of South African insurance regulations (FAIS, FIC Act, Companies Act).
• Ability to work independently in a remote environment.
• Excellent analytical and communication skills.

Responsabilités

• Develop and maintain the company's compliance program in line with insurance regulations.
• Monitor regulatory changes and assess their impact on the organization.
• Conduct internal audits and risk assessments to identify areas of non-compliance.
• Deliver compliance training programs to employees.
• Investigate compliance breaches and recommend corrective actions.
• Prepare and submit regulatory reports as required by governing bodies.
• Advise management on compliance best practices and emerging regulatory risks.
• Maintain up-to-date knowledge of relevant legislation, including FAIS, POCA, FICA, and specific insurance laws.
• Liaise with regulatory authorities and external auditors.
• Ensure all company policies and procedures are compliant with current regulations.

Connaissances

Analytical skills

Problem-solving

Investigative skills

Communication skills

Formation

Bachelor's degree in Law, Business, Finance

Outils

Compliance software

Description du poste

About the Role

Our client, a reputable financial services firm, is seeking a diligent and knowledgeable Insurance Compliance Officer to join their team. This fully remote position is integral to ensuring that all operations adhere to the stringent regulations governing the insurance industry. You will be responsible for monitoring compliance, developing policies, conducting audits, and providing guidance on regulatory matters. This is an excellent opportunity for a compliance professional looking to leverage their expertise in a flexible, remote work setting, contributing to the integrity and trustworthiness of our client's operations. Our goal is to maintain the highest standards of regulatory adherence.

Key Responsibilities

• Develop, implement, and maintain the company's compliance program in line with insurance regulations.
• Monitor regulatory changes and assess their impact on the organization.
• Conduct internal audits and risk assessments to identify areas of non-compliance.
• Develop and deliver compliance training programs to employees.
• Investigate compliance breaches and recommend corrective actions.
• Prepare and submit regulatory reports as required by governing bodies.
• Advise management on compliance best practices and emerging regulatory risks.
• Maintain up-to-date knowledge of relevant legislation, including FAIS, POCA, FICA, and specific insurance laws.
• Liaise with regulatory authorities and external auditors.
• Ensure all company policies and procedures are compliant with current regulations.

Requirements

• A Bachelor's degree in Law, Business, Finance, or a related field.
• A minimum of 4 years of experience in compliance, internal audit, or a legal role within the insurance or financial services industry.
• Strong understanding of South African insurance regulations and legislation (e.g., FAIS, FIC Act, Companies Act).
• Excellent analytical, problem-solving, and investigative skills.
• Strong written and verbal communication skills, with the ability to explain complex regulations clearly.
• High ethical standards and integrity.
• Ability to work independently, manage multiple tasks, and meet deadlines in a remote environment.
• Proficiency in compliance management software and standard office applications.
• Experience in developing and delivering training programs is a plus.
• Attention to detail and a meticulous approach to documentation.

Benefits

• Fully remote work arrangement providing significant flexibility.
• Competitive salary and benefits package.
• Opportunities for professional development and certifications in compliance.
• Exposure to diverse regulatory challenges within the insurance sector.
• A supportive and ethical work environment.
• Contribution to ensuring the company's long-term stability and reputation.
• Access to resources for continuous learning and industry updates.