UT Life Insurance Company Limited is seeking to recruit self motivated persons to fill various vacancies within the organization. If you are passionate, ambitious, reliable and have a high sense of integrity, then join our dynamic and dedicated workforce in pursuit of excellence.
Job Title: Compliance Manager
The Compliance Manager will report to the General Manager, Finance & Administration and will be responsible for overseeing and managing compliance issues within the organization, ensuring adherence with the legal regulations prevailing in the organization's own internal policies
Functions & Responsibilities
• Ensuring implementation of good corporate governance culture within the organization and acting as contact point for compliance matters with the Regulatory Authority
• Ensuring that the company and its employee's actions are adhering with legal and regulatory requirements
• Create procedures within the organization which help it to adhere to ethical and regulatory compliance within the insurance industry and updating same as and when required
• Acting as the point of contact for handling major legal complaints from customers
• Ensuring compliance of the company at all with the Anti Money laundering and Counter Terrorist Financial Policy, sanctions Policy and other regulatory authority
• Assisting the various Departments in the organization fo facilitate compliance with Government laws and regulations and ensurer that all transactions are adequately reviewed from a compliance perspective congenial for the company.
• Identify potential areas of compliance vulnerability and risk, develop/implement corrective action plans for resolution
• Advising Management of new legislation and regulations with might affect the company
• Evaluating whether the company is in compliance with applicable laws and regulations guidelines and directives issued by regulatory authorities
• Evaluating compliance with internal policies and procedures set by board of Directors and management including but not limited to the Code of Conduct and Corporate Values
• To prepare an annual compliance plan on steps to address/manage risk
• To provide relevant and timely reporting to the governance committee on compliance risks, significant regulatory reviews or actions and progress against the compliance plans
Qualification Required & Experience
• The successful candidate should be a member of Institute of Chartered Secretaries & Administrators
• 1st Degree in Risk Management will be an advantage
• Minimum of 8 years experience in either a law firm or legal & compliance department of a Life Insurance Company
• Must be conversant with the Insurance Law of 2006, Act 742
• Ability to analysis financial information
• Ability to plan daily and periodic operations
• Excellent presentation and interpersonal skills
• Ability to communicate effectively
• Possession of a high sense of integrity
• Ability to interact with regulators as well as all levels of Management
• Ability to handle confidential information and material
• Ability to work with minimum supervision
• Ability to complete multiple tasks proactively and with initiative
Location: Accra
How To Apply For The Job
If you meet the essential requirement enumerated above please forward your CV to:-
[email protected]
Indicate in the subject area the role being applied for.
Closing Date: 29 December, 2015