Leading insuer

Our client is a leading global insurance and asset management company. With a presence in over 30+ countries, our client serves millions of customers worldwide, offering a comprehensive range of insurance products, including life, health, property, and casualty coverage. Job Scope: Oversee compliance with applicable regulations for life and non-life insurance. Advise and report to the entity's management and CEO/GM on compliance matters and associated risks. Provide support and guidance to various Business Units on compliance-related issues. Define and implement an Annual Plan of activities based on assessed compliance indicators and business needs. Conduct compliance risk identification and assessment, advising on mitigation actions and potential remedial measures. Perform second-level controls as outlined in the Annual Plan. Fulfill reporting obligations to Group/Regional Compliance, local management, and the Risk Sub-Risk Committee, including the preparation of an Annual Report. Ensure the implementation of the Compliance Operating Model in line with the Compliance Management System Policy. Advise on maintaining the AML/CTF and International Sanctions Control framework. Undertake responsibilities as the Money Laundering Reporting Officer (MLRO). Provide training and support on compliance topics to staff and management in accordance with the Annual Plan. Ensure effective implementation of Group Compliance policies within the entities. Build and maintain relationships with the Insurance Authority, ensuring all requests and inquiries are addressed. Experience: Over 10 years of experience in compliance or risk functions within the financial services industry, preferably in the insurance sector. Strong understanding of the regulatory framework and relevant compliance obligations. Knowledge of insurance business operations and processes. Familiarity with compliance risk management methodologies. Excellent communication skills, with the ability to engage effectively with external regulators and internal executives. Seniority level Director Employment type Full-time Job function Legal and Consulting Industries Insurance#J-18808-Ljbffr