Job Description & How to Apply Below
Job Summary
To conduct compliance analysis and reviews of regulations and company policies in accordance with applicable procedures, in order to support the smooth implementation and enforcement of regulations within the company.
Job QualificationsRequired:
- 3-5 years of experience in compliance, legal, risk management, or a related function within Insurance industry.
- Bachelor’s degree in Law, Business Administration, Finance, or a related field.
- Strong understanding of regulatory frameworks and corporate compliance practices.
- Experience in policy review, regulatory compliance, or audit processes is preferred.
- Familiarity with due diligence processes and regulatory reporting requirements.
- Proficiency in Microsoft Office (Word, Excel, PowerPoint). Good command of English (written and spoken) is an advantage.
- Analyze existing and newly issued regulations and translate them into internal company policies and procedures.
- Conduct socialization/communication of regulations and policies across Departments, Divisions, and Directorates to ensure proper understanding and implementation.
- Review the implementation of regulations and internal policies within the company and provide recommendations for improvement.
- Perform testing and evaluation of company policies (e.g., Internal Memos, Policies, Guidelines, Forms, Board of Directors’ Decrees) to ensure alignment with applicable laws and regulations.
- Review planned business collaborations/initiatives to ensure compliance with regulatory requirements and recommend necessary actions.
- Monitor and ensure effective implementation of regulations and group policies across the organization.
- Conduct business-related due diligence (e.g., bank due diligence) and regulatory surveys to ensure compliance with applicable rules and standards.
- Prepare and complete compliance-related documentation, including tender documents, in accordance with regulatory requirements.
- Monitor regulatory reporting and submissions to ensure accuracy and timely delivery to relevant authorities.
- Develop, implement, and execute the company’s Compliance Plan and initiatives..
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