Key Responsibilities:Implement and manage an effective compliance program through the development and management of risk and compliance plans.Develop and review company policies, including effective implementation of policies and guidelines.Advise management on the company's compliance with laws and regulations through detailed reports.Create and manage effective action plans in response to audit findings and compliance violations.Regularly audit company procedures, practices, and documents to identify possible weaknesses or risks.Track and monitor key risk indicators, controls, and action plans.Assess company operations to determine compliance risk.Conduct research on compliance-related topics.Develop training materials and assist with training to ensure all employees are educated on the latest regulations and processes.Assist in compiling risk and compliance reports.Collaborate with other leaders on cross-functional initiatives that focus on mitigating compliance risks.Work with external partners, such as Internal Audit, to ensure the effectiveness of the compliance function.Assist in innovating the Compliance program and function and identifying improvements to existing processes and plans.Provide guidance to the business and assist with implementation of compliance policies and projects.Draft and compile regulatory submissions.Ensure compliance with regulations issued by the Prudential Authority.Stay abreast of Prudential Authority directives and guidelines relating to non-life insurers.Monitor compliance with Prudential Authority requirements.Prepare and submit Prudential Authority notifications, applications, and reports.Experience and Qualifications:LLB, Legal, or Compliance qualificationSuccessfully passed the Key Individual Regulatory Examination 1 as required by the FSCA for LicensedPhase I Approved - Category I FAIS Licensed Compliance Officer would be advantageousPost Graduate Diploma in Compliance Management would be advantageousRisk Qualifications will also be an advantageAt least 5 years' Compliance experience in the financial services industry2nd line compliance experienceIn-depth knowledge of legislation relating to non-life insurers, including Financial Sector Regulation ActOn-site meetings and engagements with RegulatorsCombined assurance planning and execution1st line compliance experienceRegulatory Complaints HandlingCompetencies Required:Excellent organizational and administrative skillsExcellent communication skills (verbal and written)Report writing skillsAccountable, takes ownership and responsibilityAttention to detailNegotiation skills and problem-solving abilityStrong people skillsAbility to work independently and in a team environmentAnalytical thinker with investigative instinctSelf-disciplined and self-motivatedStress tolerance, tenacity, and resilienceProfessional approachAssertive and tactful with the ability to handle conflictResults-driven
