Insurance Compliance Officer

Placements24; Upington; Híbrido; ZAR 450.000 - 750.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Competitive salary

Medical aid

Retirement fund contributions

Hybrid or remote work arrangement

Career development opportunities

Descripción de la vacante

Placements24 in Upington, Northern Cape, seeks an Insurance Compliance Officer to lead compliance programs and risk management for a growing insurer. You will monitor adherence to FAIS, FICA and POPIA, conduct audits, advise management, and foster ethical conduct across departments.

The ideal candidate holds a bachelor's degree in Law, Commerce or Finance with at least four years in compliance within insurance or financial services, and strong analytical and communication skills for a

Formación

• Bachelor's degree in Law, Commerce, Finance or related field.
• Minimum of 4 years of experience in compliance, risk management or legal role within insurance/financial services.
• Strong knowledge of SA insurance regulations (FAIS Act, Insurance Act) and relevant legislation.
• Excellent analytical, problem-solving and investigative skills.
• Excellent communication, presentation and interpersonal skills.
• Ability to work independently and manage multiple priorities; MS Office proficiency.
• Experience in internal audits and policy development.

Responsabilidades

• Develop, implement and manage the company's compliance program.
• Monitor adherence to laws, regulations and industry codes of conduct (FAIS, FICA, POPIA).
• Conduct internal audits and risk assessments to identify gaps.
• Advise management on compliance issues and best practices.
• Deliver compliance training to employees.
• Investigate and respond to breaches or regulatory inquiries.
• Stay up-to-date with relevant legislation and regulatory changes.
• Liaise with regulatory bodies as required.
• Ensure policies and procedures meet compliance obligations.
• Promote ethical culture and compliance awareness across the organization.

Descripción del empleo

About the Role

Our client, a respected and growing insurance firm, is seeking a diligent and knowledgeable Insurance Compliance Officer to join their team, with a focus on operations in Upington, Northern Cape. This role is essential in ensuring that the company operates in full compliance with all relevant laws, regulations, and industry standards. You will be responsible for developing, implementing, and maintaining robust compliance programs, conducting internal audits, advising management on compliance matters, and fostering a culture of ethical conduct throughout the organization. The ideal candidate will possess a strong understanding of the South African insurance regulatory landscape, excellent analytical skills, and a proactive approach to risk management. This is an excellent opportunity to play a critical role in safeguarding the company's reputation and ensuring its continued success in a highly regulated industry. You will work closely with various departments, providing guidance and support to ensure adherence to compliance policies and procedures. The company values integrity and ethical business practices, making this a key position within the organization. Join a team that is committed to upholding the highest standards of corporate governance and regulatory adherence in the Upington region.

Key Responsibilities

• Develop, implement, and manage the company's compliance program.
• Monitor adherence to all applicable laws, regulations, and industry codes of conduct (e.g., FAIS, FICA, POPIA).
• Conduct regular internal audits and risk assessments to identify potential compliance gaps.
• Advise senior management and staff on compliance-related issues and best practices.
• Develop and deliver compliance training programs to employees.
• Investigate and respond to compliance breaches or regulatory inquiries.
• Maintain up-to-date knowledge of relevant legislation and regulatory changes.
• Liaise with regulatory bodies as required.
• Ensure the company maintains appropriate policies and procedures to meet compliance obligations.
• Promote a strong ethical culture and awareness of compliance responsibilities throughout the organization.

Requirements

• A Bachelor's degree in Law, Commerce, Finance, or a related field.
• A minimum of 4 years of experience in compliance, risk management, or a legal role, preferably within the insurance or financial services sector.
• Thorough understanding of South African insurance regulations (e.g., FAIS Act, Insurance Act) and other relevant legislation.
• Strong analytical, problem-solving, and investigative skills.
• Excellent communication, presentation, and interpersonal skills.
• Ability to work independently and manage multiple priorities effectively.
• Proficiency in MS Office Suite.
• Experience in conducting internal audits and developing compliance policies.
• A commitment to ethical conduct and a strong sense of integrity.
• This role allows for a remote or hybrid work arrangement, offering flexibility.

Benefits

• Our client offers a competitive salary, performance incentives, and a comprehensive benefits package, including medical aid and retirement fund contributions.
• We provide opportunities for professional development and continuous learning in the field of compliance and regulatory affairs.
• Employees benefit from a supportive work environment and the opportunity to contribute significantly to the company's ethical governance.
• The role offers flexibility through a hybrid or remote work arrangement, suiting various lifestyle needs.
• The position is based in South Africa , with a connection to the Upington region.
• Additional benefits include study leave, wellness programs, and opportunities for career advancement within the compliance function.
• Join a company that prioritizes integrity and regulatory excellence.