Job Responsibilities

Review of all relevant statutory laws and regulations applicable to the Company and ensure compliance.
Ensure that business activities are conducted in conformity with all applicable laws, regulations, internal policies, and procedures.
Ensure that all regulatory permissions remain current and appropriate for business needs.
Continual compliance risk assessment of company practices together with the development of internal policies and procedures, compliance training, and protocols.
Serve as liaison for all regulatory bodies as well as maintaining relationships with relevant legal bodies and trade associations.
Keep abreast of regulatory developments and industry initiatives and advise management accordingly.
Provide reporting with respect to regulatory requirements and developments.
Develop compliance checklists and prepare compliance reports, as and when due.
Preparation of compliance documentation with relevant constitutive documents for statutory, legal, and regulatory purposes.
Maintenance and review of Legal Agreements.
Developing and overseeing that the company meets its compliance obligations under relevant laws and the requirements of regulatory authorities.
Responsible for providing legal support in controlling customer complaints to mitigate the risk of litigation.
Review all documentation that has legal implications for the company prior to signing and implementing.

Education and Professional Requirements

Bachelor's Degree in Law.
A minimum of 6 years work experience with at least 3 years compliance experience preferably within the insurance industry.
Good understanding of Compliance activities in the Insurance industry.
Experience in developing and managing compliance monitoring programmes.
Fully conversant with NAICOM, NCRIB, CAC, and other regulatory Directives and Guidelines.

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