Insurance Risk Management Specialist
2 months ago
As a key member of the Rakkgalakane team, we are seeking a highly skilled Insurance Compliance and Contracts Manager to join our organization.
This is a critical position that requires a strong background in law, governance, and risk management.
The successful candidate will be responsible for ensuring that our company adheres to legal standards and in-house policies, enforcing regulations in all aspects and levels of business, and providing guidance on compliance matters.
- Develop and maintain compliance programs to ensure regulatory and organizational requirements are met.
- Conduct regular internal reviews and audits to ensure compliance procedures are followed.
- Collaborate with relevant departments to review and implement organizational policies.
- Conduct or direct internal investigations of compliance matters.
- Inform, educate, and train employees on regulations and industry practices.
- Review and enhance crisis management plans to effectively manage compliance-related risks.
- Stay up-to-date with internal standards, regulatory developments, and best practices.
- Work with external and internal auditors.
- Develop and maintain strong relationships with key stakeholders, including regulators and business partners.
- Stay current on industry trends, regulations, and best practices to ensure compliance and mitigate risks.
- Discuss compliance issues with the Head of Compliance.
- Ensure and verify that all regulatory policies and procedures have been documented, implemented, and communicated to stakeholders.
- Prepare reports for senior management and external regulatory bodies.
Contract Management
- Oversee all contracts between Rakkgalakane and third-party suppliers.
- Maintain up-to-date and accurate contracts.
- Prepare, draft, revise, and negotiate contracts with suppliers and other relevant parties.
- Update records and documentation related to contracts.
- Review and assess risks associated with contracts.
- Ensure proper contract management throughout the project.
- Build and maintain positive relationships with clients, suppliers, and stakeholders.
- Ensure timely renewal or negotiation of contracts as needed.
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