Permanent
Specialist: Compliance (Insurance)
Unknown, Unknown
unknown
Closing date not listed
About this role
Insurance and Investments - Other Insurance
East London
FULL TIME
Job Summary
Our client in the Insurance industry is seeking a Specialist: Compliance to join their team. We are inviting applicants from suitably qualified persons to apply.
Should you meet the above requirements, please email your CV to - Copy of ID, qualifications and latest payslip
Duties & Responsibilities:
1. Contribute to the efficient and effective functioning of Compliance Function
* Assist manager to ensure that compliance function are in compliance with law and industry and regulatory body requirements.
* Promote prevention of legal and regulatory risk in the company.
* Maintain efficient and effective operations in Compliance.
* Validate that policies and procedures with regards to Compliance Function are being adhered to.
* Oversee the debarment processes are being adhered to within the Group.
2. Attend to regulatory and client compliants
* Assist with investigation of regulatory and clients compliants (Ombudsman cases)
3. Responsible for Compliance Monitoring and Reporting
* Monitor compliance risk, policies and procedures at Head Office and branches.
* Complete monitoring reports for Compliance Manager.
* Provide overall compliance assistance, guidance and advice to the Group.
* Contribute to the development of compliance risk management plans.
* Contribute to the completion of compliance reporting (internal and regulatory).
4. Provide Training and Awareness on Compliance
* Create awareness in the Group of Companies with law requirements.
* Inform employees about relevant compliance matters.
* Develop, educate and enabling healthy and business orientated compliance culture.
Minimum Requirements MUST HAVE
1. Formal Education:
* Relevant Legal Degree/Diploma
* LLB Degree is Non-negotiable
2. Technical/Legal Certification
* Compliance Certificate
3. Experience
* 2 - 3 years' Experience in long term insurance
* 2 - 3 years' Experience in Risk Management and Compliance
* 2 - 3 years' Experience in the Insurance Industry
4. Knowledge
* Legislation: LTIA, FAIS, FICA, Companies Act, NCA, CPA, STI
* CISA Accreditation requirement
5. Skills
* Drafting of Letters and Agreements
Salary: R30 500-00 CTC p.m.
EE Position
* The candidate will be required to travel to branches in the Eastern Cape area
* The candidate must have a drivers licence
* There will be a company car, the candidate will be sharing it with the Forensic Specialist
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