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Chief Compliance Officer - Life Insurance

Job description

Role and Responsiblities:

  • Provide regulatory and compliance related advice and support to internal stakeholders, and act as primary contact person for the business with other key stakeholders, including local regulator(s) on regulatory and compliance related matters, enquiries or updates.
  • Monitor any relevant legal and regulatory developments, initiatives or requirements, conduct gap analyses of existing policies and procedures and ensure timely implementation of any required enhancements or changes, including consultation on draft regulations with regulators, industry associations and peer organizations.
  • Advise the CEO of the Company of viable and commercial solutions based on the appropriate regulations.
  • Ensure the maintenance a record of all material compliance obligations and regulatory submissions, including accuracy of the records and submissions relevant to the company's business.

Requirements:

  • Must satisfy the Insurance Authority's requirements for a Key Person in Compliance functions, in particular to have not less than 10 years' experience in compliance within a life insurance company.
  • Experience in engaging with Insurance Authority and other regulatory bodies
  • Team Management experience
  • Proficiency in Chinese and English