Insurance Compliance Officer - Remote

Placements24; East London; Hybrid; ZAR 700,000 - 900,000; Full time

Benefits offered by this job

Fully remote

Professional development

Leadership role

Job summary

Placements24 is seeking an experienced Insurance Compliance Officer to join their fully remote team serving East London and the broader South Africa region. You will develop, implement, and monitor compliance programs, conduct risk assessments, and provide guidance to staff on regulatory matters to ensure adherence to insurance laws and internal policies.

The role requires strong analytical ability, deep regulatory knowledge, and the capacity to work independently in a remote setting,

Qualifications

• Bachelor's degree in Law, Business Administration, Finance, or related field.
• 5+ years of compliance, legal, or risk management in the insurance industry.
• In-depth knowledge of insurance regulations and compliance requirements.
• Strong analytical, problem-solving, and investigative skills.
• Proven ability to work independently and manage multiple priorities in a remote work environment.

Responsibilities

• Develop, implement, and maintain comprehensive compliance programs and policies across the organization.
• Monitor changes in relevant laws and regulations, assessing their impact on the company and implementing necessary updates.
• Conduct regular compliance audits and risk assessments to identify potential areas of non-compliance.
• Provide training and guidance to employees on compliance-related issues and best practices.
• Investigate potential compliance breaches and recommend corrective actions.
• Liaise with regulatory bodies and external auditors as needed.
• Prepare compliance reports for senior management and regulatory authorities.

Skills

Analytical skills

Regulatory knowledge

Risk assessment

Independent work

Education

Bachelor's degree in Law/Business/Finance

Job description

About the Role

Our client is looking for an experienced and knowledgeable Insurance Compliance Officer to join their fully remote team, overseeing compliance for their operations including those serving East London . This critical role ensures that the company adheres to all relevant laws, regulations, and internal policies governing the insurance industry. You will develop, implement, and monitor compliance programs, conduct risk assessments, and provide guidance to staff on regulatory matters. The ideal candidate has a strong understanding of compliance frameworks, excellent analytical skills, and the ability to work independently in a remote setting. You will be instrumental in safeguarding the company's reputation and operational integrity.

Key Responsibilities

• Develop, implement, and maintain comprehensive compliance programs and policies across the organization.
• Monitor changes in relevant laws and regulations, assessing their impact on the company and implementing necessary updates.
• Conduct regular compliance audits and risk assessments to identify potential areas of non-compliance.
• Provide training and guidance to employees on compliance-related issues and best practices.
• Investigate potential compliance breaches and recommend corrective actions.
• Liaise with regulatory bodies and external auditors as needed.
• Prepare compliance reports for senior management and regulatory authorities.

Requirements

• Bachelor's degree in Law, Business Administration, Finance, or a related field.
• 5+ years of experience in compliance, legal, or risk management within the insurance industry .
• In-depth knowledge of insurance regulations and compliance requirements.
• Strong analytical, problem-solving, and investigative skills.
• Excellent communication, reporting, and presentation abilities.
• Proven ability to work independently and manage multiple priorities in a remote work environment.

Benefits

• Competitive salary and comprehensive benefits package.
• Fully remote work arrangement, offering maximum flexibility.
• Opportunity to lead compliance efforts for a growing insurance firm.
• Support for professional development and certifications.
• A challenging role with significant responsibility, impacting the company's ethical standards and operational success.