Jobsrican
Website OUTsurance
Job Description:
To develop, implement, monitor, and report all risk and compliance matters to ensure a stable control environment within OUTsurance Business Commercial.
[the_ad id=”21943″]Job Responsibilities:
- Report on all regulatory compliance measurements on agreed intervals as required by the business unit i.e. FAIS Fit and Proper (Rep Register, Supervision Statuses, Mandate Letters)
- Implementation of appropriate processes and controls within Outsurance business.
- Report and present on all risk related activities such as: Risk events/ indicators, Risk Framework
- Ensure compliance to all relevant regulatory compliance policies through the development and
- Compliance by reinforcing existing controls or introduce refined controls.
- Communicate to the Commercial Business Units all regulatory compliance requirements in a translated easy and understandable
- format with the assistance of OUTSURANCE Risk and Compliance.
- Ensure the compilation of regional feedback into a national format and address any areas of none
- Monitor, through analysing the completed risk and compliance effectiveness reviews, management assurance reviews and internal audit reports, and further report on process and control failures.
- Conduct CEA across regions and report on the status of identified gaps
Job Requirements:
- Knowledge of risk management principles (Advanced)
- Knowledge of Insurance legislation (Advanced)
- Knowledge of business report writing (Advanced)
- Computer Literacy skills (MS Office, Excel, PowerPoint and Outlook) (Advanced)
- Knowledge of analysing (Advanced)
Qualification & Experience:
- (3) Years’ experience in Quality Assurance
- (3) Years’ experience in specialization in risk and control environment
- At least five (5) years or more experience in financial services environment (Insurance) with solid exposure to controls/process design, operational risk management and/or audit and compliance Environment.
Job Details:
Company: OUTsurance
Vacancy Type: Full Time
Job Location: Centurion, Gauteng, South Africa
Application Deadline: N/A
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