Compliance Officer Short term Insurance (4 Month Contract) Centurion

Introduction As specialists in our field, BA Personnel boasts extensive expertise in matching exceptional talent with niche and specialized roles, spanning national and global markets. Our reputation is built on attracting and representing high – calibre candidates who excel in their professions

 The role involves ensuring regulatory compliance, managing risk, and providing guidance to the business.

 

 

 

Duties & Responsibilities Regulatory Compliance:

Ensure that the Short Term Insurance business complies with all relevant laws, regulations, and industry standards, including the Short-Term Insurance Act, the Financial Advisory and Intermediary Services Act, and the Protection of Personal Information Act. Provide guidance and advice to the business on compliance matters, including policy development, training, and monitoring.

Risk Management:

Identify, assess, and mitigate compliance risks within the Short Term Insurance business. Develop and implement risk-based compliance monitoring and reporting programs.

 

Compliance Monitoring and Reporting:

Develop and implement compliance monitoring programs to ensure that the Short Term Insurance business is operating in a compliant manner. Provide regular compliance reports to senior management and the Board of Directors, highlighting compliance risks, issues, and recommendations.

Training and Awareness:

Develop and implement compliance training programs for employees within the Short Term Insurance business. Ensure that employees understand their compliance obligations and the consequences of non-compliance.

 

Regulatory Engagement:

Engage with regulatory bodies, including the Financial Sector Conduct Authority and the South African Insurance Association, to ensure that the Short Term Insurance business is aware of and complies with all relevant regulatory requirements.

 

Compliance Governance:

Develop and maintain compliance policies, procedures, and standards for the Short Term Insurance business. Ensure that compliance policies and procedures are aligned with the organization's overall compliance framework.

Desired Experience & Qualification

LLB - legal degree is esssential providing guidance to the business. Relevant tertiary qualification in Law, Compliance, or a related field. Postgraduate qualification in Compliance or a related field would be advantageous.

Experience:

At least 5 years' experience in a compliance role within the financial services industry,with extensive short-term insurance experience. Proven experience in leading a compliance team and managing compliance programs.

 

Interested? Disclaimer

By applying for this role, you consent to having your relevant qualifications and or accreditation verified and confirm that you meet the competency requirements. You further consent to the relevant information being verified by a BA Personnel staff member. We would like to thank you for your application and if you have not received a response within two weeks would like to advise that your application was not successful.

We do look forward to being of service to you in the near future. 

We look forward to receiving applications from candidates that fully meet the requirements of the spec.