Compliance Assistant Manager (Insurance)

About the role

The Compliance Assistant Manager will support the implementation and maintenance of OTIC’s compliance framework within the insurance sector, ensuring adherence to the Unified Insurance Law, FRA regulations and other applicable regulatory requirements.

Key responsibilities

• Monitor compliance with the Unified Insurance Law, FRA regulations, circulars and related requirements.
• Assist in implementing corporate governance requirements and maintaining internal compliance controls.
• Participate in compliance risk assessments and keep the Compliance Risk Register up to date.
• Draft, review and update compliance policies, procedures and SOPs.
• Monitor regulatory developments and assess their impact on the business.
• Prepare compliance reports, dashboards and presentations for senior management and board committees.
• Support regulatory inspections, correspondence and corrective action plans.
• Conduct compliance monitoring activities and identify regulatory gaps.
• Deliver compliance awareness sessions and support employee training programs.
• Review products, marketing materials, customer communications and digital channels for regulatory compliance.
• Coordinate with business departments to ensure timely implementation of regulatory requirements.

Required profile

• Bachelor’s degree in Law, Commerce, Business Administration, Accounting, Finance or a related field.
• 3–6 years of relevant experience in the insurance sector, including 3–4 years in compliance, corporate governance, regulatory affairs, risk management, internal control or internal audit.
• Practical experience dealing with the Financial Regulatory Authority (FRA) is highly preferred.
• Experience in drafting compliance policies, procedures and SOPs and preparing compliance and governance reports.
• Strong analytical, communication and report‑writing abilities with high integrity and professionalism.

Required skills

• Regulatory Compliance
• Corporate Governance
• Compliance Monitoring & Risk Assessment
• Internal Controls
• Policy & SOP Development
• Regulatory Reporting
• Root Cause Analysis & Corrective Action Planning
• Advanced Microsoft Excel
• Power BI
• Power Automate