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Durban: Legal, Risk & Compliance Officer – Westville

Job Description

Responsibilities Monitor regulatory developments and ensure compliance with FAIS, FICA, and all applicable legislation Communicate with insurers, the FSCA, and other regulatory bodies regarding legal and compliance matters Facilitate insurer audits and manage regulatory reporting and monitoring requirements Develop and maintain the company’s compliance framework, policies, and processes Identify risks, prepare risk management reports, and conduct compliance monitoring and checks Review claims and underwriting correspondence to ensure legislative compliance Update compliance documentation, including policy schedules and disclosure notices Ensure timely renewal of company licences, insurances, and financial lines Draft, review, and negotiate business and insurance contracts and policies Requirements RE1 and RE5 qualifications 5 years’ compliance and risk management experience within the long- and short-term insurance industry Experience in legal research and litigation processes LLB degree (Advantageous) Strong analytical and problem-solving skills Experience in policy and contract drafting, corporate governance, and compliance management Knowledge of risk identification and mitigation strategies Due to the high volume of applications received, only suitable candidates who meet the criteria of this vacancy will be contacted.

How to Apply

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About Accounting / Finance Jobs in eThekwini

The accounting and finance industry is a vital component of eThekwini’s economy, providing essential services to businesses, governments, and individuals. Generally, job seekers in this field can expect a stable and secure career with opportunities for growth and development. Typically, roles in accounting and finance are found across various industries, including financial services sector, technology industry, manufacturing sector, and public sector.

Salaries for accounting and finance professionals in eThekwini vary widely depending on factors such as experience, company size, and industry sector. Common salary ranges for entry-level positions typically start between R200 000 to R300 000 per annum, while senior roles can range from R500 000 to R800 000 or more. However, these figures are general estimates and actual salaries may vary significantly. It is essential to research the specific job market and industry trends to determine realistic salary expectations.

Common skills required for accounting and finance roles in eThekwini include proficiency in financial software, such as SAP or Oracle; strong analytical and problem-solving skills; excellent communication and interpersonal skills; experience with budgeting, forecasting, and financial analysis tools; a solid understanding of tax laws and regulations; and a degree in accounting or finance. Additionally, many employers require candidates to hold relevant professional certifications, such as the Chartered Accountant (SA) designation.

Accounting and finance professionals can be found across various industries, including financial services sector, technology industry, manufacturing sector, and public sector. The financial services sector is often a major employer of accounting and finance professionals in eThekwini, while the technology industry also provides many opportunities for growth and development. Other industries, such as manufacturing and construction, also require skilled accounting and finance professionals to manage their finances effectively.

Career development opportunities are abundant in the accounting and finance field, with many employers offering training and development programs to help employees advance in their careers. Typically, experienced accountants can move into senior roles or take on leadership positions within their companies. With experience and additional certifications, accountants can transition into management roles, such as financial controller or accountant manager, or pursue career paths in finance consulting or public practice.


This information provides general career guidance. Actual salaries and requirements vary by employer.



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Posted in Jobs in Durban, Jobs in Durban Area, Jobs in eThekwini

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