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Risk and Compliance Specialist

Description Duties (will include but not limited to): Ensure adherence of the company Life and Insurance to the Governance and Operational Standards for Insurers as issued by the Prudential Authority. This includes: Ensuring adherence to governance requirements Implementing Risk Management and Internal Control procedures and processes to ensure the requirements are met Assisting with the compilation of the Own Risk and Solvency Assessment (ORSA) reports Monitoring adherence to the Business Continuity plans. Maintaining and monitoring outsourcing registers and adherence to agreements Obtaining self-assessments and fit and proper declarations. Assist with the governance requirements of insurance groups in relation to the Governance and Operational requirements for Groups as issued by the Prudential Authority. Updating and maintaining the Risk Registers Ensuring compliance with the Insurance Act, Policyholder Protection Rules, Treating Customers Fairly, Conduct of Financial Institutions Bill, International Financial Reporting Standards (IFRS17) and other relevant regulations from a Life / Insurance perspective. Minimum Requirements: Relevant qualification in Risk / Compliance / Internal Auditing / Accounting / Statistics / Legal. Preferably a B.Com degree. 3 to 5 years' experience in a similar role Knowledge of applicable legislation. lenore@myfuturecareer.co.za

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