About the role
AI summarisedThis role is for a Consultant/Senior Consultant in Insurance Regulatory Compliance within Risk Consulting at a professional services firm. The consultant will help insurance clients navigate regulatory requirements, conduct compliance reviews, and develop risk management frameworks.
BusinessFull-timeGeneral
Key Responsibilities
- Advise insurance clients on regulatory compliance matters including MAS regulations, AML/KYC, and data protection.
- Conduct compliance health checks and gap analyses against regulatory requirements.
- Develop and implement compliance policies, procedures, and controls.
- Assist in regulatory reporting and liaison with authorities.
- Perform risk assessments and recommend mitigation strategies.
- Support internal audit engagements related to compliance.
- Deliver training sessions on regulatory updates and compliance best practices.
- Prepare detailed reports and presentations for client management and regulators.
Requirements
- Bachelor's degree in Law, Business, Finance, Accounting or related field.
- At least 3-5 years of experience in insurance regulatory compliance or risk consulting.
- Strong knowledge of Singapore insurance regulations and MAS guidelines.
- Experience with AML/CFT, data privacy, and market conduct regulations.
- Excellent analytical and problem-solving skills.
- Strong written and verbal communication skills.
- Ability to manage multiple projects and work under tight deadlines.
- Professional certifications such as CFA, CPA, or CISSP preferred.
- Proficiency in Microsoft Office Suite.
- Willingness to travel occasionally for client engagements.