Requirements
QualificationsBachelor’s degree in law, Commerce, Business Administration, Accounting, Finance, or a related field.Professional certifications in Compliance, Risk Management, or Insurance Regulatory Affairs are considered an advantage.Experience3–6 years of relevant experience in the insurance sector.3–4 years of experience in Compliance, Corporate Governance, Regulatory Affairs, Risk Management, Internal Control, or Internal Audit.Practical experience dealing with the Financial Regulatory Authority (FRA) is highly preferred.Experience in drafting Compliance Policies, Procedures, and SOPs.Experience in preparing Compliance and Governance reports.Participation in regulatory inspections or internal compliance reviews is preferred.Good understanding of Corporate Governance principles within insurance companies.Technical SkillsRegulatory ComplianceCorporate GovernanceCompliance Monitoring & Risk AssessmentInternal ControlsPolicy & SOP DevelopmentRegulatory ReportingRoot Cause Analysis & Corrective Action PlanningAdvanced Microsoft ExcelPower BI and Power Automate are preferred.Personal SkillsStrong analytical and problem-solving skills.Excellent communication and report-writing abilities.High level of integrity and professionalism.Ability to work under pressure and manage multiple priorities.Strong teamwork and stakeholder management skills.Strong attention to detail.
Description
Support the implementation and maintenance of the Company’s Compliance Framework.Monitor compliance with the Unified Insurance Law, FRA regulations, circulars, and other applicable regulatory requirements.Assist in implementing Corporate Governance requirements and maintaining effective internal compliance controls.Participate in Compliance Risk Assessments and maintain the Compliance Risk Register.Draft, review, and update Compliance policies, procedures, and SOPs.Monitor regulatory developments and assess their potential impact on the business.Prepare compliance reports, dashboards, and presentations for Senior Management and Board Committees.Support regulatory inspections, regulatory correspondence, and follow-up on corrective action plans.Conduct Compliance Monitoring activities and identify potential regulatory gaps.Deliver compliance awareness sessions and support employee training programs.Review products, marketing materials, customer communications, and digital channels to ensure regulatory compliance.Coordinate with business departments to ensure timely implementation of regulatory requirements.