Insurance Risk Management Specialist

2 months ago


Centurion, Gauteng, South Africa Rakkgalakane Full time

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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