Remote Insurance Compliance Officer

Placements24; Soweto; Hybrid; ZAR 950,000 - 1,200,000; Full time

Benefits offered by this job

Health insurance

Retirement benefits

Professional development

Full remote work flexibility

Job summary

Placements24 is seeking a diligent Insurance Compliance Officer to ensure adherence to laws, regulations, and internal policies, operating fully remotely in South Africa. You will develop, implement, and monitor compliance programs and provide guidance to staff on compliance matters.

The ideal candidate has 5+ years in compliance within insurance, deep knowledge of SA legislation, strong analytical and communication skills, and the ability to work independently from any location.

Qualifications

• Bachelor's degree in Law, Business Administration, Finance, or a related field.
• 5+ years of experience in compliance, risk management, or legal roles within the insurance sector.
• In-depth knowledge of South African insurance legislation and regulatory frameworks.
• Strong analytical, problem-solving, and investigative skills.
• Excellent communication, report writing, and presentation abilities.
• Ability to work independently and manage multiple priorities in a remote setting.

Responsibilities

• Develop, implement, and maintain the company's compliance program and policies.
• Monitor regulatory changes and assess their impact on operations.
• Conduct internal audits and risk assessments to identify potential issues.
• Investigate compliance breaches and recommend corrective actions.
• Provide training and guidance to employees on compliance-related matters.
• Liaise with regulatory bodies and external auditors as required.
• Prepare compliance reports for senior management and regulatory authorities.

Skills

Analytical skills

Investigative skills

Communication skills

Problem-solving

Report writing

Presentation abilities

Education

Bachelor's degree in Law, Business Administration, Finance, or a related field

Job description

Our client is seeking a diligent and knowledgeable Insurance Compliance Officer to ensure adherence to all relevant laws, regulations, and internal policies. This is a crucial role for maintaining the integrity and reputation of the company, operating in a fully remote capacity. You will be responsible for developing, implementing, and monitoring compliance programs, conducting risk assessments, and providing guidance to staff on compliance matters. The ideal candidate is detail-oriented, possesses a strong understanding of the regulatory landscape in the insurance industry, and can work independently and effectively from any location.

Key Responsibilities

• Develop, implement, and maintain the company's compliance program and policies.
• Monitor regulatory changes and assess their impact on the organization's operations.
• Conduct internal audits and risk assessments to identify potential compliance issues.
• Investigate compliance breaches and recommend corrective actions.
• Provide training and guidance to employees on compliance-related matters.
• Liaise with regulatory bodies and external auditors as required.
• 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, risk management, or legal roles within the insurance sector.
• In-depth knowledge of South African insurance legislation and regulatory frameworks.
• Strong analytical, problem-solving, and investigative skills.
• Excellent communication, report writing, and presentation abilities.
• Ability to work independently and manage multiple priorities in a remote setting.

Benefits

• Competitive salary and performance-based incentives.
• Comprehensive health insurance and retirement benefits package.
• Professional development opportunities and support for relevant certifications.
• Full remote work flexibility, allowing you to work from home, eliminating the need to commute to Soweto.
• A key role in ensuring the ethical and legal operation of a growing insurance company.