POSITION : Risk & Compliance Specialist
LOCATION : Sandton, Johannesburg.
DATE : May 2026
If you are an admitted attorney AND you have 3 to 5 years risk and compliance experience from a short term Insurer's perspective, then we have an awesome opportunity for you! Our client, a leading Short Term Insurance Company, is seeking an experienced Risk and Compliance Specialist/ Officer to assist with risk and compliance management for the Group. This position is based in Sandton, Johannesburg.
Responsibilities:
• Assist with the responsibility for the design of and implementing of systems and controls to ensure compliance with all relevant legislation and regulations impacting on the group.
• Develop, complete and maintain Compliance Risk Management Plans (CRMP’s) to respond to regulatory changes and to address shortfalls in compliance.
• Advise and assist staff and clients proactively in developing products, systems and responses to legislation and regulation.
• Contribute to the creation of a risk & compliance culture and awareness by becoming a trusted advisor to 1st line, whilst maintaining independence as part of 2nd line.
• Provide training to the company and/or its’ external business partners.
• Report to all stakeholders on risk & compliance management, as and when required.
• Overall assisting with the management of the compliance strategy, framework and plans (including crisis management plans) in order to ensure that the company complies with relevant regulatory requirements.
• Monitoring the companies regulatory risk profile and facilitating the process with all business units to ensure that key regulatory risks are managed.
• Assisting with implementation, roll out and management of risk & compliance management technology /systems to all business units and ensuring users are trained as required
• Assisting to embed a structured compliance risk management process in the company to identify, mitigate, monitor, report and escalate key regulatory and reputational risks within the parameters of the Board’s risk appetite.
• Monitor and report on regulatory risk management losses incurred and record same in incident register and non-compliance risk register.
Requirements:
• 3 to 5 years’ compliance experience WITHIN THE SHORT TERM INSURANCE is essential
• Admission as an Attorney of the High Court of South Africa
• Legal degree as recognised in terms of FAIS (BCom LLB graduate preferred)
• Postgraduate Diploma in Compliance Management an advantage
• Knowledge of the Financial Services Industry, Insurance legislation and regulations including the Insurance Act, the Long- and Short-Term Insurance Acts, PPR’s, FICA, FAIS, General Code of Conduct, POPI and TCF principles.
• An understanding of the SAIA and ASISA standards.
• General legislation applicable to the greater business environment
This is an intermediate level role and salary will be commensurate with experience and qualifications.
Preference will be given to equity candidates.