Compliance Director: Insurance Industry Specialist

3 weeks ago


Johannesburg, Gauteng, South Africa Fempower Full time
About the Role

Fempower is seeking an experienced Compliance Director to lead our insurance compliance efforts.

Job Summary

We are looking for a seasoned professional with extensive experience in compliance management and a deep understanding of the Non-Life Insurance regulatory framework.

Key Responsibilities
  • Create and implement a comprehensive compliance framework that aligns with industry standards and regulatory requirements.
  • Direct engagement with senior leadership and external stakeholders, including regulatory authorities.
  • Manage stakeholder relations with key partners and ensure effective communication across the organization.
  • Drive structural changes to address compliance requirements and ensure a culture of compliance within the organization.
Requirements
  • Bachelor's degree in Commerce, Law, or Business Administration (NQF Level 7) or equivalent qualification.
  • Professional membership: Chartered Corporate Governance Institute or Admitted attorney.
  • 10+ years of experience in compliance management or specialist roles at a financial institution or insurer.
  • Strong knowledge of Non-Life Insurance regulatory framework and PFMA.
  • Proven track record of establishing and implementing effective compliance frameworks.
  • Demonstrated experience working with regulatory authorities and maintaining strong stakeholder relationships.
Critical Attributes
  • Ability to navigate complex bureaucratic environments with resilience and strategic thinking.
  • Strategic leadership capability with a proven ability to drive sustainable compliance solutions.
  • Excellent stakeholder management skills with a focus on building strong relationships.
  • Track record of delivering high-quality results in fast-paced environments.
Compensation

The estimated salary for this role is R1,200,000 - R1,800,000 per annum, depending on experience. A competitive benefits package will also be offered.



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