Regulatory Compliance Officer

3 days ago


Riyadh, Ar Riyāḑ, Saudi Arabia هيئة التأمين | Insurance Authority Full time

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.
    Requirements
  1. Education and Certifications
  • Bachelor's degree in Business Administration, Finance, Accounting, or any related specialization.
  • Relevant insurance certification is preferred.
Skills and Qualifications
  • Effective communication skills.
  • Teamwork and stakeholder management.
  • Results-oriented approach.
Work Environment

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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