Compliance Manager

SUMMARY:
Compliance Manager – General Insurance | Non-life insurance | Parktown | Hybrid

An established and reputable organisation within the South African insurance industry is seeking an experienced Compliance Manager to join its team.

POSITION INFO:
This is a senior compliance management opportunity for an individual with strong technical expertise in the non-life insurance environment, particularly across prudential and market conduct regulation. The successful candidate will play a key role in strengthening the organisation's compliance framework, overseeing regulatory compliance activities and ensuring adherence to applicable legislative and regulatory requirements. The ideal candidate will be a technically strong compliance professional with the ability to translate complex regulatory requirements into practical business solutions. They must demonstrate sound judgement, strong stakeholder management capabilities and the ability to lead and develop a high-performing compliance team. If you meet the above requirements and are ready to take on a senior compliance leadership opportunity within the insurance industry, we would like to hear from you. Please submit your updated CV, clearly highlighting your non-life insurance compliance experience, exposure to the relevant legislation and regulatory standards, as well as your people management responsibilities. Please note: Candidates without direct South African non-life insurance compliance experience and demonstrated people management experience will not be considered. If you're ready for your next career move and believe you have what it takes, we'd love to hear from you. Apply today! Duties: Oversee and manage the compliance risk management framework, ensuring alignment with applicable regulatory requirements. Provide specialist guidance on prudential and market conduct regulatory matters within the non-life insurance environment. Monitor compliance with the Insurance Act 18 of 2017, relevant Prudential Standards, including GOI 3, and FSCA market conduct requirements. Lead and oversee compliance monitoring activities, identifying regulatory risks, control gaps and areas requiring remediation. Manage regulatory change processes, assessing the impact of legislative and regulatory developments on the business. Coordinate regulatory submissions, inspections, reviews and engagements with regulatory authorities. Provide compliance advice and guidance to senior management and key business stakeholders. Prepare and present compliance reports, findings and recommendations to relevant governance structures. Lead, manage and develop the compliance team, including workload allocation, performance management, coaching and development planning. Job Experience & Skills Required: Qualifications: Matric (Grade 12) Bachelor's Degree in Law, Risk Management, Accounting, Finance or a related field. A professional Compliance or Risk Management qualification\/certification would be advantageous. Membership of a recognised professional compliance or risk management body would be advantageous. Experience: Minimum 5 years' solid compliance experience within the South African non-life insurance industry, with 7-10 years being highly advantageous. Demonstrated exposure to both prudential and market conduct regulation. Strong working knowledge of: Insurance Act 18 of 2017. Prudential Standards, including GOI 3. FSCA market conduct requirements. Compliance risk management frameworks and practices. Proven experience in compliance monitoring, regulatory change management, regulatory submissions and regulatory inspections. Experience engaging with senior stakeholders and providing regulatory guidance to the business. Previous people management experience is essential , including team leadership, workload prioritisation, coaching, performance management and employee development. Skills & Competencies: Strategic Thinking & Execution Regulatory & Technical Judgement Stakeholder Management & Influencing Strong Communication & Relationship Building Problem Solving & Root Cause Analysis Compliance Risk Management Leadership & People Management Challenge & Professional Scepticism Remediation & Continuous Improvement Analytical & Decision-Making Skills If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles \/ positions.