Legal, Risk & Compliance Officer | Durban
Legal, Risk & Compliance Officer
Location: Durban, South Africa
Position Type: Office-Based
A leading insurance brokerage is seeking an experienced Legal, Risk & Compliance Officer to join their Durban division. If you have a strong background in compliance, risk management, and regulatory affairs within the insurance industry, this is an excellent opportunity to advance your career.
Minimum Requirements:
✔️ LLB degree or equivalent qualification
✔️ Regulatory qualification
✔️ Minimum 5 years’ experience in compliance or risk management within the insurance industry
Key Responsibilities:
🔹 Drafting official documents, including letters of demand, agency agreements, and contract addendums
🔹 Conducting investigations on regulatory developments
🔹 Ensuring compliance with the Financial Advisory and Intermediary Services Act (FAIS) and Financial Intelligence Centre Act (FICA)
🔹 Communicating with insurers regarding legal or regulatory queries
🔹 Conducting and compiling external insurer audits
🔹 Developing and implementing a compliance framework
🔹 Preparing risk management reports and compliance monitoring
🔹 Reviewing internal claims and underwriting correspondence
🔹 Monitoring ESG compliance and handling complaints resolution
Skills & Competencies:
✔️ Strong analytical and problem-solving skills
✔️ In-depth knowledge of insurance regulations and legislation
✔️ Expertise in risk identification and mitigation strategies
✔️ Contract drafting and negotiation skills
✔️ Corporate governance and compliance management
✔️ Experience in legal research and litigation
How to Apply:
📅 Closing Date: 31 March 2025
📩 Send your CV to chantelle@proappoint.co.za
⚠️ Note: Only shortlisted candidates will be contacted. If you do not hear from us within two weeks of the closing date, please consider your application unsuccessful.
Take the next step in your compliance career and apply today! 🚀