Compliance Officer

Compliance Officer | Durban

Responsibilities :

Draft legal documents (agreements, letters of demand, contracts, addendums).

Monitor regulatory developments.

Ensure FAIS & FICA compliance for staff and company.

Liaise with Insurers on regulatory / legal matters.

Conduct / compile external Insurer audits.

Renew company financial lines insurances & licenses.

Develop / implement compliance framework.

Prepare risk management reports.

Update compliance documentation & disclosures.

Quality assurance of renewal process.

Manage FICA / FAIS reporting & monitoring.

Prepare internal compliance reports & scores.

Review claims / underwriting correspondence for legislative adherence.

Monitor ESG compliance.

Review / monitor complaints & resolution.

Minimum Requirements :

LLB degree or similar legal qualification.

Regulatory qualification.

Minimum 5 years' compliance / risk management experience within insurance.

Knowledge and Skills :

Strong analytical & problem-solving abilities.

In-depth insurance regulatory & legislative knowledge.

Expertise in risk identification & mitigation.

Proficient in contract drafting & negotiation.

Understanding of corporate governance & compliance.

Legal research & litigation awareness.