Due to continued growth in the region, our client is looking for an experienced compliance professional with a strong reinsurance background to develop their compliance function. This is a newly created role reporting directly to the CRO.
This a great step for a seasoned compliance professional who is looking to add value and be part of a cohesive and supportive environment, whilst working closely with senior stakeholders.
Principal responsibilities:
- Drive a compliance-risk assessment process based on a comprehensive inventory of all laws, rules and regulations.
- Develop quantitative and qualitative risk markers to measure compliance risk.
- Develop, review and up-date compliance related policies and procedures together with other stakeholders: translate compliance rules into operational requirements.
- Maintain proper documentation of compliance processes and ensure that all policies and manuals are kept updated.
- Provide training to new staff and to business units on compliance related company policies and new regulatory requirements to foster compliance and risk culture across the company.
- Support compliance function at subsidiary.
- Report to regulators and shareholders on compliance related matters.
- Monitor the effectiveness of AML policies.
- Assist business units in know-your-client processes and new regulations.
Requirements:
- Degree in law and/or professional qualification in compliance.
- Minimum 10 years compliance experience in (re-)insurance companies and/or with insurance regulatory body.
- In-depth understanding of the (re-)insurance industry and international regulatory developments in key markets.
- With exposure in APAC; EU regulatory regimes.
- Good knowledge of compliance procedures as well as internal controls and risk management.
- Ability to focus on material matters.
- Strong communication skills.
- Self-motivated and taking initiative.
- Technically competent and hands-on.
- Ability to communicate actuarial concepts effectively to non-actuaries, both internally and externally.
- Team spirit coupled with can-do attitude and commitment.
- Developed skills in managing relationships with stakeholders.
- Result and business oriented.
- A strong team player.
- Critical thinking.
For a confidential discussion in relation to this opportunity and other compliance openings please email tara.robinson@eamesconsulting.com.
Data provided is for recruitment purposes only. Only short listed candidates will be notified.