Insurance Regulatory Affairs Specialist
3 days ago
We are seeking a highly motivated and detail-oriented individual to fill the role of Insurance Regulatory Affairs Specialist. In this position, you will support the conduct of risk assessments, review compliance activities, and provide guidance to insurance brokerages.
The successful candidate will have a strong background in insurance regulation, with experience in conducting risk assessments and evaluating compliance activities. They will be responsible for identifying and assessing risks, ensuring compliance with relevant regulations, and fostering a dialogue with policyholders and industry associations.
In this role, you will also develop reports on supervision activities and findings, highlighting trends, risks, and areas for improvement in the insurance sector. You will provide support to the Insurance Authority's leadership for strategic decision-making and suggest recommendations based on best practices and international standards.
Key responsibilities include:
- Risk Assessment and Compliance Evaluation: Conduct thorough risk assessments and evaluate compliance activities to ensure that insurance brokerages meet regulatory requirements.
- Risk Identification and Mitigation: Identify potential risks and develop strategies to mitigate them, ensuring the stability and soundness of the insurance sector.
- Communication and Stakeholder Engagement: Foster a dialogue with policyholders, consumer advocacy groups, and industry associations to understand and address sector-wide issues.
- Reporting and Analysis: Develop reports on supervision activities and findings, highlighting trends, risks, and areas for improvement in the insurance sector.
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