Lead Compliance Officer - Insurance

Placements24; Gqeberha; Ibrido; ZAR 900.000 - 1.200.000; Tempo pieno

Vantaggi offerti da questo lavoro

Medical aid

Provident fund

Professional development

Descrizione del lavoro

Placements24 in Port Elizabeth seeks a Lead Compliance Officer with 6+ years of experience in financial services compliance to lead programs, monitor regulatory changes, and guide staff.

The role blends in-office collaboration with remote flexibility, requiring strong knowledge of FAIS, FICA, POPIA, and effective stakeholder engagement with regulatory bodies such as the FSCA.

Competenze

• Minimum of 6 years in a compliance role, preferably financial services or insurance.
• Strong knowledge of SA insurance regulations (FAIS, FICA, POPIA).
• Experience developing and implementing compliance programs.
• Excellent written and verbal communication; ability to present complex information clearly.
• Leadership experience or potential is preferred.

Mansioni

• Develop, implement, and maintain comprehensive compliance policies and procedures.
• Monitor regulatory changes and ensure adherence to laws and industry standards.
• Conduct regular compliance audits and risk assessments.
• Investigate breaches, prepare reports, and recommend corrective actions.
• Provide training and guidance to employees on compliance matters.
• Liaise with regulatory bodies such as the FSCA.
• Manage the compliance management system and record-keeping.
• Advise senior management on compliance risks and strategies.
• Oversee controls and procedures to mitigate risks.
• Contribute to continuous improvement of the compliance framework.

Conoscenze

Analytical skills

Investigative skills

Problem solving

Communication skills

Leadership

Formazione

Bachelor's degree in Law or Business Administration

Postgraduate compliance qualification

Strumenti

Compliance management software

Microsoft Office Suite

Descrizione del lavoro

About the Role

Our client, a respected name in the insurance industry, is seeking an experienced and meticulous Lead Compliance Officer to join their team in Port Elizabeth, Eastern Cape . This crucial role involves ensuring that all company operations and business practices adhere to the highest standards of regulatory compliance and internal policies. You will be responsible for developing, implementing, and monitoring compliance programs, providing guidance to staff, and managing regulatory relationships. This hybrid position offers a blend of in-office collaboration and remote flexibility. The successful candidate will possess a strong understanding of insurance regulations, exceptional analytical skills, and a commitment to ethical business conduct. This is an ideal opportunity for a compliance professional looking to take on a leadership role in a reputable organization.

Key Responsibilities

• Develop, implement, and maintain comprehensive compliance policies and procedures across the organization.
• Monitor regulatory changes and ensure the company's adherence to all relevant laws and industry standards, including FAIS and FICA.
• Conduct regular compliance audits and risk assessments to identify potential areas of non-compliance.
• Investigate compliance breaches, prepare reports, and recommend corrective actions.
• Provide training and guidance to employees on compliance-related matters.
• Liaise with regulatory bodies, such as the FSCA, on behalf of the company.
• Manage the company's compliance management system and ensure accurate record-keeping.
• Advise senior management on compliance risks and strategies.
• Oversee the implementation of necessary controls and procedures to mitigate compliance risks.
• Contribute to the continuous improvement of the compliance framework.

Requirements

• Bachelor's degree in Law, Business Administration, or a related field.
• A postgraduate qualification in compliance is highly advantageous.
• Minimum of 6 years of experience in a compliance role, preferably within the financial services or insurance sector.
• Thorough knowledge of South African insurance regulations, including FAIS, FICA, and POPIA.
• Demonstrated experience in developing and implementing compliance programs.
• Strong analytical, investigative, and problem-solving skills.
• Excellent written and verbal communication skills, with the ability to present complex information clearly.
• Proficiency in compliance management software and Microsoft Office Suite.
• High level of integrity and ethical conduct.
• Ability to work effectively both independently and as part of a hybrid team.
• Leadership experience or potential is preferred.

Benefits

Our client offers a competitive salary package reflective of your expertise and experience, along with a comprehensive benefits program including medical aid, provident fund, and opportunities for professional development and certifications. This hybrid role provides the flexibility to manage your work schedule effectively. Join a committed team in Port Elizabeth, Eastern Cape , where your contributions to maintaining ethical standards and regulatory integrity will be highly valued.