Roles and Responsibilities

• Develop, implement, and monitor the company's compliance programme, including Anti-Money Laundering (AML), Combating the Financing of Terrorism (CFT), and sanctions screening.
• Serve as the primary contact for PIA compliance inspections and periodic regulatory submissions.
• Maintain the fit-and-proper register for directors, senior officers, and key employees.
• Conduct compliance risk assessments and organise staff training on regulatory requirements.
• Monitor compliance breaches and coordinate appropriate corrective actions.
• Ensure adherence to the Insurance Act No. 38 of 2021, PIA regulations, and other applicable laws.
• Oversee Know Your Customer (KYC) procedures, client onboarding, and proper record-keeping.

Qualifications and Requirements

• Bachelor's Degree in Law, Insurance, Finance, Business Administration, or a related field.
• Minimum of five (5) years' compliance experience in insurance, reinsurance, banking, or financial services.
• Strong knowledge of the Zambian insurance regulatory framework, AML/CFT legislation, and PIA requirements.
• Professional compliance or insurance qualification, such as IIZA membership, CII, or equivalent, is strongly preferred.
• Full Grade 12 certificate.

Additional Details

Employment Type: Full-time

Reports To: CEO / Audit Committee

• Develop, implement, and monitor the company's compliance programme, including Anti-Money Laundering (AML), Combating the Financing of Terrorism (CFT), and sanctions screening.
• Serve as the primary contact for PIA compliance inspections and periodic regulatory submissions.
• Maintain the fit-and-proper register for directors, senior officers, and key employees.
• Conduct compliance risk assessments and organise staff training on regulatory requirements.
• Monitor compliance breaches and coordinate appropriate corrective actions.
• Ensure adherence to the Insurance Act No. 38 of 2021, PIA regulations, and other applicable laws.
• Oversee Know Your Customer (KYC) procedures, client onboarding, and proper record-keeping.

• Knowledge of Anti-Money Laundering (AML), Combating the Financing of Terrorism (CFT), and sanctions screening
• Knowledge of the Zambian insurance regulatory framework, AML/CFT legislation, and PIA requirements
• Compliance programme development, implementation, and monitoring
• Compliance risk assessment
• Regulatory submissions and compliance inspection coordination
• Staff training on regulatory requirements
• Compliance breach monitoring and corrective action coordination
• Know Your Customer (KYC) procedures, client onboarding, and record-keeping

• Bachelor's Degree in Law, Insurance, Finance, Business Administration, or a related field
• Minimum of five (5) years' compliance experience in insurance, reinsurance, banking, or financial services
• Strong knowledge of the Zambian insurance regulatory framework, AML/CFT legislation, and PIA requirements
• Professional compliance or insurance qualification, such as IIZA membership, CII, or equivalent, is strongly preferred
• Full Grade 12 certificate