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Legal and Compliance
The legal and compliance department is deemed to be a very important unit in an insurance outfit as they carry out the approved corporate compliance reviews and issue compliance reports on activities monitored or reviewed.
Key Task
Impart legal advice and constructive business solutions on various aspects of life insurance, general corporate and transactional matters in a timely manner. Also review and draft various contracts and policy documents, as well as provide advice and input on matters involving legal risk and ways to manage such risks. The person is also tasked to provide advice and guidance on matters relating to compliance according to local laws, regulations and standards.
Key Skills
Managerial Level
- Degree in Law with minimum 5 years post qualifying experience in a law firm as an advocate.
- Knowledge/experience in relevant laws and regulations in relation to life and general insurance is preferred.
Who are your employers?
Any company in the insurance industry.