ResponsibilitiesDrafting official documents and agreements which includes but is not limited to, letters of demand, agency agreements, new contracts and contract addendumsConduct investigations on regulatory developmentsEnsuring all employees and the company are compliant with the Financial Advisory and Intermediary Services Act and Financial Intelligence Centre ActCommunicating with Insurers regarding any regulatory or legal queriesConducting and compiling external Insurer auditsRenewal of all company financial lines insurances and licensesDevelop and implement compliance frameworkPrepare risk management reportsAmending and update compliance documentation and statutory disclosure notificationsQuality assurance of renewal procedureResponsible for FICA and FAIS reporting and monitoringPrepare internal compliance monitoring reports and calculate monthly compliance scoresReview internal claims and underwriting correspondence in accordance with legislative requirementsMonitoring ESG complianceReview an monitoring of companys complaints and complaints resolution procedureMinimum RequirementsLLB degree or similarRegulatory qualificationMinimum 5 years experience in compliance or risk management within the insurance industry
