Compliance Manager at Casava Microinsurance Limited

Job Description/Responsibilities

What we are looking for:    

• We are currently seeking an experienced Compliance Manager to join our company.
• The Compliance Manager will be responsible for overseeing all compliance-related activities to ensure that our company operates within the bounds of relevant laws, regulations, and industry standards. 
• Our ideal candidate is a detail-oriented individual with a deep understanding of insurance regulations, excellent communication skills, and the ability to collaborate effectively with internal teams and external stakeholders.

Key Responsibilities

• Assist in the oversight of compliance processes to ensure appropriate advice regarding regulatory matters are provided to the business in an effective and efficient manner.
• Dissemination, and implementation of new legislation, local and international standards, policies, and procedures across the organization, produce operating rules, advice, and guidance.
• Aid in undertaking compliance checks, risk assessments, and the preparation of operating rules and procedural documentation.
• Collaborate with other units to direct compliance and issues to appropriate existing channels for investigation and resolution.
• Align compliance with business objectives, execute comprehensive, accurate, timely, and cost- effective compliance quality assurance at operating entities.
• Remediation of identified improvement areas and provide advisory services to Operation entity employees in accordance with all relevant regulatory control and Codes of Practices
• Contribute to robust and effective compliance controls within the organization, assist in the gathering of internal information in response to regulatory requests.

Job Requirements

The right candidate might have…

• Bachelor’s degree in either Humanities, Insurance, Actuarial Science, Finance or any relevant field degree
• Minimum of 7 years of experience in a compliance role within the insurance industry, with a comprehensive understanding of insurance laws, regulations, and compliance requirements.
• General understanding of regulatory and compliance requirements in Nigeria
• Certified member of Chartered Institute of Insurance Nigeria