About Company
Botswana Insurance Company (BIC) is a leading and long-established insurance provider in Botswana, offering a comprehensive range of short-term insurance solutions to individuals, businesses, and corporate clients. For over five decades, BIC has been a trusted partner in risk management, committed to protecting the assets and futures of our diverse clientele. We pride ourselves on our unwavering commitment to financial stability, exceptional customer service, and innovative product development. With a strong focus on ethical conduct and regulatory compliance, BIC plays a vital role in Botswana’s financial sector, contributing to national economic growth and stability. We foster a culture of integrity, professionalism, and continuous improvement, empowering our employees to excel and grow within a supportive and dynamic environment. As we continue to expand our reach and enhance our service offerings, we are seeking talented individuals who share our vision and dedication to excellence.
Job Description
We are seeking a highly analytical and meticulous Remote Policy Compliance Report Analyst to join our dedicated team. This critical role involves monitoring, analyzing, and reporting on the company’s adherence to internal policies, industry regulations, and legal frameworks, specifically within the insurance sector. The successful candidate will be instrumental in ensuring that BIC maintains its robust compliance posture while operating efficiently in a remote capacity. You will be responsible for gathering data from various sources, identifying trends, flagging potential compliance risks, and preparing detailed, actionable reports for management and regulatory bodies. This role demands a keen eye for detail, strong analytical skills, and an in-depth understanding of regulatory requirements pertinent to the financial services and insurance industries. As a remote member of our team, you will leverage technology to collaborate effectively, manage your workload independently, and contribute significantly to our ongoing commitment to governance and ethical operations. If you are passionate about compliance, possess excellent reporting capabilities, and thrive in a remote work setting, we encourage you to apply and become a key part of BIC’s continued success.
Key Responsibilities
- Collect, analyze, and interpret compliance-related data from various internal systems and external sources.
- Develop and maintain comprehensive compliance reports, dashboards, and presentations for senior management and regulatory review.
- Monitor changes in regulatory landscapes and internal policies, assessing their impact on company operations.
- Identify and investigate potential policy breaches or compliance risks, escalating issues as appropriate.
- Conduct periodic reviews of operational procedures to ensure alignment with established compliance standards.
- Collaborate with legal, risk management, and operational teams to ensure a consistent approach to compliance.
- Assist in the development and implementation of new compliance policies and procedures.
- Support internal and external audits by providing necessary documentation and explanations.
- Maintain accurate and up-to-date records of all compliance activities and reports.
- Provide recommendations for improving compliance controls and reporting mechanisms.
Required Skills
- Proven experience in compliance analysis, risk management, or regulatory reporting within the financial services/insurance industry.
- Strong analytical and problem-solving skills with the ability to interpret complex data sets.
- Excellent written and verbal communication skills, with a proven ability to produce clear and concise reports.
- Proficiency in Microsoft Excel (advanced functions, pivot tables) and other data analysis tools.
- Demonstrated understanding of regulatory frameworks relevant to the insurance sector in Botswana.
- Ability to work independently and manage multiple tasks effectively in a remote environment.
- High level of integrity and attention to detail.
Preferred Qualifications
- Bachelor's degree in Finance, Business Administration, Law, Risk Management, or a related field.
- Professional certification in Compliance (e.g., CAMS, CRCM) or Risk Management.
- Experience with compliance management software or GRC platforms.
- Knowledge of SQL for data extraction and manipulation.
- Familiarity with IFRS and local accounting standards.
Perks & Benefits
- Competitive salary package.
- Comprehensive health and wellness benefits.
- Opportunities for professional development and continuous learning.
- Generous paid time off.
- Flexible remote work environment.
- Performance-based bonuses.
- Contribution to a reputable and stable company in the financial sector.
How to Apply
Interested candidates who meet the above requirements are invited to apply by clicking on the application link below. Please ensure your CV and a cover letter detailing your suitability for this role are attached. In your cover letter, highlight your experience in compliance reporting and your ability to thrive in a remote work setting.