Job Description
Location: Nelspruit, Mpumalanga
Salary: R32 000 to R34 000 p.m.
Our client in the Insurance industry is looking for a Compliance Specialist to assure compliance with regulatory requirements, to manage risk associated with noncompliance.
Key responsibilities
- Contribute to the efficient and effective functioning of Compliance Function
- Assist manager to ensure that compliance function follows law and industry and regulatory body requirements
- Promote prevention of legal and regulatory risk in the company (TCF)
- Maintain efficient and effective operations in Compliance
- Validate that policies and procedures with regards to Compliance Function are being adhered to. (TCF)
- Oversee the debarment processes are being adhered to within the Group
- Attend to regulatory and client complaints (TCF)
- Assist with investigation of regulatory and client’s complaints (Ombudsman cases)
- Responsible for Compliance Monitoring and Reporting
- Monitor compliance risk, policies and procedures at Head Office and branches of Assupol Group
- Complete monitoring reports for Compliance Manager
- Provide overall compliance assistance, guidance and advice to Assupol Group of Companies
- Contribute to the development of compliance risk management plans
- Contribute to the completion of compliance reporting (internal and regulatory)
- Provide Training and Awareness on Compliance Matters
- Create awareness in Assupol Group of Companies with law requirements (TCF)
- Inform employees about relevant compliance matters
- Develop, educate and enabling healthy and business orientated compliance culture
Requirements
- Matric
- Legal Degree/relevant
- LLB Degree
- Admitted Attorney
- Compliance Certificate
- 2-3 years’ experience in Risk management and Compliance
- 2-3 years Insurance Industry experience
Send your CV and latest pay slip to .za
ATripleA Recruitment and Temps
.za
About Other Insurance Jobs in Gauteng
The Other Insurance (OI) industry is a significant sector in Gauteng, South Africa, offering a range of career opportunities for professionals with the right skills and experience. Typically, OI roles are in demand across various industries, including financial services, technology, and manufacturing, as companies seek to manage and mitigate risks associated with their operations.
Generally, OI specialists in Gauteng can expect salaries that vary widely depending on factors such as level of experience, company size, and industry sector. While broad salary ranges cannot be provided due to the variable nature of these factors, it is common for experienced OI professionals to earn between R600 000 and R1 200 000 per annum, while entry-level roles may start at around R300 000 to R500 000 per annum. However, salaries can fluctuate depending on individual circumstances.
Common skills required for OI roles in Gauteng include expertise in financial management, risk analysis, data interpretation, communication, and project management. Other essential skills often include proficiency in insurance software, analytical thinking, problem-solving, and the ability to work under pressure. Many OI professionals also hold relevant certifications or degrees in fields such as actuarial science, business administration, or economics.
The financial services sector is a significant employer of OI professionals in Gauteng, with other industries such as technology and manufacturing also commonly hiring for these roles. Other sectors that may employ OI specialists include healthcare, construction, and logistics. In terms of career development, many OI professionals in Gauteng progress to senior roles within their current organisations or move into related fields such as risk management, auditing, or claims handling.
For those seeking a career in OI, it is essential to develop a broad range of skills and experience, often through formal education and training. Many OI professionals in Gauteng have pursued certifications such as the Fellow of the Institute of Actuaries (FIA) or the Chartered Insurance Practitioner (CIP). Building strong relationships with clients, colleagues, and stakeholders is also crucial for success in this field.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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