Compliance Officer OUTsurance Non-Life
Compliance Officer OUTsurance Non-Life
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Key outputs
- Providing support and technical guidance on legislative compliance matters and to assist with the implementing development and maintaining of the Compliance Risk Management Framework.
- Assist with ensuring that all regulatory and compliance risks are identified managed mitigated and reported on and that the Chief Risk Officer the Internal Risk Committee the Board Risk Committee and the Board are made aware of such risks.
- Analyse current and forthcoming regulations proposals and legislation and provide meaningful detailed analysis.
- Providing support and guidance to Management and Senior Management in responding to compliance matters and resolving queries.
- Ensure that the necessary compliance policies frameworks processes and procedures as well as compliance plans are executed on and continuously improved.
- Assist in compiling internal and external compliance reports.
- Assist in the recording of noncompliance matters identified and follow through on the agreed recommendations.
- Assist Management to influence proposed legislative changes and projects initiated by the regulators and industry bodies.
- Engage and attend workgroups with external stakeholders such as SAIA as well as with the Regulatory Authorities on a constant basis. The successful candidate will be expected to establish and maintain a good working relationship with these external stakeholders and Regulatory Authorities and to contribute meaningfully in these engagements.
- Relationship management and interaction with internal stakeholders. Collaborates with other departments (e.g. Risk Management Internal Audit Human Resources etc.) to direct compliance issues to appropriate existing channels for investigation and resolution.
- Assist in compiling and consolidating reports on compliance matters.
- Assist monitor guide and coach staff on Compliance matters
Competencies
- Communicate clearly and concisely.
- A team player with a flexible approach.
- Good people skills as well as being able to communicate well in all aspects of the company.
- Very strong interpersonal skills and the ability to build relationships.
- Problemsolving skills.
- A desire to learn and grow.
- Takes initiative and works under own direction.
- Upholds ethics and values and demonstrates high levels of integrity.
- Engage professionally.
- Methodically plans and organises tasks and projects.
- Works meticulously always demonstrating a very high level of attention to detail.
- Adapts and responds positively to change.
- The ability to multitask and handle stress.
Qualifications :
Essential
- Legal degree.
- At least 3 years experience in compliance risk management guidance and monitoring.
- Demonstrate a practical understanding of all legislation applicable to an insurance business including Insurance and FAIS legislation as well as related products.
- Proficient in MS Office Suite.
- Business writing skills.
- Strong MS Office skills.
Advantageous Qualifications and experience
- Post Graduate Diploma in Compliance Management.
- FAIS Cat Licensed Compliance Officer.
- Demonstrable relationships with key stakeholders at Regulatory Authorities and industry associations.
Evidence of
- Alignment to OUTsurance values (Awesome Service Passionate Honest Human Dynamic and Recognition).
- Personal drive and a positive attitude.
- Ability to be a selfstarter and drive tasks to completion.
Additional Information :
In accordance with OUTsurance Group Employment Equity goals preference will be given to individuals who meet the job requirements and are from the various designated groups.
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
