Compliance Manager

2 weeks ago


Sandton, South Africa Watershed Consulting Full time

Our client in the insurance sector providing health and life insurance products is looking to employ a compliance manager. They offer stability and an enabling environment for both personal and career growth.

**Responsibilities: -**
- Creating and managing tools to monitor compliance exposure to the business
- Monitoring adherence by the business to compliance requirements
- Acting as a liaison and facilitator between group compliance and business
- Taking full responsibility for developing and/or reviews of company policies, policy renewals, policy wording, and processes, including system and data requirements, that affect the Compliance function
- Maintaining awareness of regulatory framework and non-insurance regulatory framework, e.g., FICA, POPIA, PAIA, etc.
- Compliance audits/reviews of internal departments
- Assist in the compiling of statutory reports to the FSCA and insurers
- Assist with any external audit requirements
- Complex complaints

**Qualifications**:
- Bachelor’s Degree in Law or equivalent
- RE5

**Skills and Experience**:

- 5 years’ Risk and Compliance management experience within the insurance industry
- Expert knowledge of legislation applicable to the insurance industry
- CBR Reporting
- Solid knowledge of regulatory requirements e.g., FICA, FAIS, TCF, FATCA


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