Junior Legal & Compliance Associate at Ark Insurance Group

RESPONSIBILITIES AND DUTIES

General Support.

• Provide general support to the Department.
• Drafting and reviewing of business contracts for review and approval.
• Conducting in-depth legal research and preparing initial legal opinions on a variety of legal and regulatory compliance issues as directed by the team.

Compliance and Regulatory Oversight

• Support the drafting, implementation, and periodic review of compliance policies and procedures.
• Monitor regulatory developments, particularly from the National Insurance Commission (NAICOM), and assess potential impacts on the company’s operations.
• Prepare draft responses to regulators on compliance issues, queries, and routine correspondence.
• Participate in Data Protection audits and ensure compliance with data privacy regulations.

Risk Management:

• Assist in identifying legal and regulatory risks and propose practical solutions or risk mitigation measures.

Training and Awareness:

• Drafting training materials and support the delivery of compliance training sessions to staff.

KEY PERFORMANCE INDICATORS (KPI’S)

• Timely completion of assigned tasks in line with departmental SOPs.
• Effective support to the Senior Associate and Head of Unit.
• Ability to prioritize, manage workload, and multitask effectively.
• Proactive identification of potential risk areas with practical recommendations.

REQUIRED SKILLS AND COMPETENCIES

• Strong knowledge of Nigerian laws and regulations, particularly those relevant to the insurance industry.
• Excellent legal drafting, analytical, and research skills.
• High attention to detail and accuracy.
• Strong interpersonal and communication skills (both written and verbal).
• Ability to take initiative, work independently, and contribute innovative ideas.
• Proficiency in Office 365 applications (Word, PowerPoint, Excel).
• Prior knowledge or experience in Nigerian Medical Law is an advantage.

QUALIFICATIONS

• LL.B & B.L (qualified to practice law in Nigeria).
• Between 2 to 4 years post call experience from a reputable law firm or organization. Experience in insurance, financial services and/ or regulatory compliance is an advantage.
• Professional qualifications in relevant fields are an added advantage.