Job Description

• REPORTS DIRECTLY TO: Managing Director
• DIRECT REPORTS: No direct report
• INDIRECT REPORTS: No indirect reports

• Ensure the Company complies with its legal and regulatory obligations under the Insurance Act, Market Conduct Rules and other licensing conditions by the National Insurance Commission and Anti-Money Laundering and Combating Terrorist Financing (AML/CFT) legislation.
• Promote and sustain a compliance culture within the Company.
• Conduct compliance training for staff and Sales Executives.
• Conduct AML/CFT risk assessment in the Company. 
• Liaise with other departments on general statutory compliance issues e.g. fire certificates for officer, business operating permits, insurance for offices, customer risk identification etc.
• Maintain a register of compliance breaches containing information on the date, nature and extent of each compliance breach.
• Develop detailed compliance and risk policies and guidelines that implement risk tolerances defined by Board and Executive Management.
• Analyze risks as well as identifying, describing and estimating risks affecting business.
• Comparing estimated risks with criteria established by the Company such as costs, legal requirements and environmental factors and evaluating the Company’s previous handling of risks.
• Ensure the Company’s risk management policies, limits and strategies are in compliance with applicable regulations and strategic imperatives of the Company.
• Oversee and monitor all risk management activities of the Company and ensure they are in constant alignment with Company’s risk management objectives
• Ensuring the Company’s risk management policies and strategies are in compliance with applicable regulations, rating agency standards and strategic imperatives of the company.
• Any other related job that would be assigned from time to time

• Knowledge of laws of Ghana and constitution of Ghana.
• Ability to draft contracts and other legal documents.
• Extensive knowledge and appreciating of operation, legal, compliance and regulatory systems.
• Good presentation skills.
• Knowledge of enterprise risk management frameworks
• Good knowledge of relevant regulatory guidelines and Insurance Act/ Regulations.
• Knowledge of company practices, policies, procedures and systems.
• Relevant knowledge and use of information communication technology.
• Knowledge of enterprise risk management frameworks
• Good knowledge of relevant regulatory guidelines and Insurance Act/ Regulations.
• Knowledge of company practices, policies, procedures and systems.
• Relevant knowledge and use of information communication technology.
• Good presentation skills.

• Meticulous and attentive to details.
• Ability to adhere to set procedures and processes.
• Assertiveness and diligence.
• Ability to relate effectively with people at all levels.
• Ability to communicate to persuade team members to effective performance.
• Meticulous and attentive to details.
• Ability to adhere to set procedures and processes.
• Assertiveness and diligence.
• Ability to relate effectively with people at all levels.
• Ability to communicate to persuade all stakeholders

• Ability to use initiative and work as a team
• Respect for sensitivity and confidentiality.
• Ability to communicate complex legal advice.
• Ability to deal with difficult people.
• Ability to mentor and lead a team to achieve results.
• Ability to plan and organize.
• Ability to use initiative and be proactive in work
• Respect for sensitivity and confidentiality.
• Ability to communicate risk management advice.
• Ability to plan and organize.
• Specific Working Experience

Required Skills or Experience

• At least 8-10 years working experience in the related field
• University degree or advanced professional qualification from a recognized institution. 
• Master’s Degree in Risk Management