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Insurance Compliance Specialist
1 week ago
- Ensure that all licenses and laws are complied with.
- Maintain and review policies and procedures to prevent and mitigate non-compliance with applicable laws.
- Propose amendments to compliance policies and standards.
- Lead the implementation of process changes due to policy and regulatory amendments.
- Manage relationships with stakeholders including Third parties, Regulatory Bodies, Industry Associations, and business areas.
- Consult with legal and risk departments as needed.
- Investigate and respond to alleged contraventions.
- Assist in identifying potential areas of non-compliance, threats, opportunities, and risks.
- Draft guidance notes and recommend remedial actions.
- Report breaches or potential non-compliance to governance forums and regulatory bodies.
- Maintain an effective compliance communication and training program.
- Implement a data-driven approach within the control environment.
