Specialist: Compliance (Insurance)

Should you meet the above requirements, please email your CV to hilda@aaaa.co.za - 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