Compliance Officer

2 weeks ago


Centurion, South Africa OUTsurance Full time

Company Description

OUTsurance has been propelling the South African insurance industry forward for the last 25 years. As leaders in the field, we’re always looking for innovative ways to create digitally-advanced solutions, without losing sight of our human values.

Our continued success can be attributed to OUTstanding employees who set the bar high with their energy and expertise. If you’re keen to grow your career in a vibrant environment with lots of friendly ‘gees’, this could be the career opportunity you’ve been looking for.

**Job Description**:
**Key output**
- 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 Risk Committee, the Audit, Risk and Compliance 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 and 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 non-compliance 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.
- 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. Consults with the Law Firm as needed to resolve difficult legal compliance issues.
- 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.
- Problem-solving skills to find solutions.
- A desire to learn and grow.
- Takes initiative and works under own direction.
- Upholds ethics and values and demonstrates high levels of integrity.
- Engages 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.
- Strong MS Office skills.

**Qualifications**:
**Essential**
- Degree in Legal or Auditing
- Minimum 3 years’ experience in regulatory risk management or similar role,
- Experience in advisory services, legal firm practice or similar role
- Demonstrate a practical understanding of insurance legislation and related products
- Proficient in MS Office Suite

**Advantageous Qualifications and experience**
- Certificate in Compliance Management or Post Graduate Diploma in Compliance Management will be advantageous

Additional Information
**Evidence of**
- Alignment to OUTsurance values (Awesome Service, Passionate, Honest, Human, Dynamic and Recognition)
- Personal drive and a positive attitude. Ability to be a self-starter and drive tasks to completion

In accordance with OUTsurance Insurance Company Ltd Employment Equity goals, preference will be given to individuals who meet the job requirements and are from the various designated groups.


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