Job Vacancy For Compliance Manager At UT Life Insurance Company Limited

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:-

Indicate in the subject area the role being applied for.

Closing Date: 29 December, 2015