Regulatory Compliance Officer
22 hours ago
We are looking for a highly skilled Agency Operations Supervisor to join our team at Insurance Authority. The successful candidate will have experience in risk assessment, regulatory compliance, and operations management.
Main Responsibilities- Risk Assessment and Compliance
- Conduct regular risk assessments of insurance agencies to identify potential risks and areas for improvement.
- Evaluate implemented procedures and actions of agencies to ensure compliance with relevant regulations.
- Support the management of ongoing compliance activities with established laws, regulations, and guidelines.
- Operations Management
- Implement policies, procedures, and controls to ensure compliance with procedural and legislative requirements.
- Assist in preparing reports on supervision activities and findings, highlighting trends, risks, and areas for improvement.
- Document recommendations based on best practices and international standards to promote operational excellence and compliance.
- Communication and Stakeholder Management
- Communicate regulatory expectations to agents and provide guidance on achieving and maintaining compliance.
- Actively engage with enforcement and inspection departments to receive updates on compliance status and areas of concern.
- Education and Certifications
- Bachelor's degree in Business Administration, Finance, Accounting, or any related specialization.
- Relevant insurance certification is preferred.
- Effective communication skills.
- Teamwork and stakeholder management.
- Results-oriented approach.
The ideal candidate will be based in Insurance Authority headquarters and will work closely with the regulatory team to achieve compliance objectives.
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