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Role Description
• Compliance Framework: Develop, implement, and maintain the company's internal compliance manual in accordance with the Law on
Insurance Business and relevant Decrees.
• Regulatory Reporting: Prepare and submit periodic and ad-hoc reports relating to legal and compliance matters to the Ministry of Finance (MOF), the Insurance Supervisory Authority (ISA), and other relevant regulators.
• Contract Review: Review and provide legal advice on service agreements with insurance companies and brokerage service agreements with clients.
• Data Privacy: Act as the focal point for Decree 13/PDPD compliance,
managing Personal Data Protection Impact Assessments (DPIA) and internal data handling protocols.
• Internal Advisory: Provide legal updates and guidance to Sales, IT, HR
and ACC departments to mitigate operational risks.
• Licensing: Manage procedures for insurance brokerage license maintenance, amendments, and renewals.
• Internal Control Support: Support periodic compliance monitoring and internal control reviews, follow up on identified issues, and coordinate with relevant departments on remediation actions where required.
Requirement
Qualifications
- Education: Bachelor of Laws is required
- Language: English - Business Level (ability to draft legal documents and report to management)
- Experience: At least 4-6 years of experience in Legal or Compliance within the Insurance industry (Insurance Companies or Brokerages)
- Solid understanding of the Law on Insurance Business and other laws
- Strong analytical thinking, attention to detail, and the ability to propose practical solutions to balance legal risks with business needs
- Proactive, highly ethical, and capable of working independently in a startup-like environment within an established firm
- Training skills
Job ID: 152200483