Insurance Compliance Officer

1 month ago


Dubai, United Arab Emirates Projects Full time

Seeking an experienced Compliance Officer to manage regulatory compliance and internal controls. This role ensures adherence to standards set by the Central Bank of the UAE (CBUAE) and other regulators.

**Key Responsibilities**:

- **Regulatory Compliance**: Stay updated on relevant laws and ensure company-wide compliance.
- **Management Reporting**: Regularly inform senior management on compliance matters.
- **Policy Communication**: Update employees on compliance policies and changes.
- **Internal Controls**: Develop and maintain audit procedures and controls.
- **Policy Updates**: Periodically align policies with regulatory changes.
- **Compliance Reviews**: Conduct regular and emergency reviews for adherence.
- **Documentation & Reporting**: Prepare policies and submit required reports to regulators.
- **Corrective Actions**: Support management in implementing corrective actions.
- **Performance Evaluation**: Assess the efficiency and reliability of compliance reporting.

**Qualifications**:

- Minimum of a **Bachelor's degree** in Finance, Accounting, Risk Management, or a related field.
- In-depth understanding of UAE laws and regulations governing insurance brokers, including the CBUAE compliance guidelines, and any relevant AML/CFT (Anti-Money Laundering/Combating the Financing of Terrorism) requirements.
- At least 5 years of relevant experience in internal control, compliance, or auditing within the insurance or financial services industry.



  • Dubai, United Arab Emirates greenclover Full time

    Risk assessment: Identifying and assessing compliance risks, and developing strategies to reduce them - Policy development: Drafting and revising company policies, and updating them to reflect changes in government policy - Compliance reporting: Providing management with compliance reports - Regulatory compliance: Ensuring the company complies with all legal...

  • Compliance Officer

    2 months ago


    Dubai, United Arab Emirates Reliance Insurance Brokers Full time

    Bachelor’s Degree: In business, finance, law, or a related field. Certified Compliance and Ethics Professional (CCEP) 3-5 Years: Relevant work experience Analytical and Problem-Solving: Ability to assess regulations and compliance issues. Attention to Detail: Precision in reviewing policies and procedures. Effective verbal and written skills for...

  • Compliance Advisor

    2 months ago


    Dubai, United Arab Emirates Zurich Insurance Full time

    **Job Summary** - Zurich Middle East is part of Zurich Insurance Group, one of the world’s largest and most experienced insurers. Our mission is to help our local community understand and protect themselves from risk both locally and globally.Reporting to the Compliance Manager, the Compliance Advisor collaborates with Compliance team and First Line of...


  • Dubai, United Arab Emirates Insurance Brokers LLC Full time

    **Requirements**: **Immediate Joining,** Strong Knowledge and understanding of Motor Insurance Products, Coverage options, terms, and conditions. Proficiency & Strong knowledge in using various Insurance companies' online portals. Previous experience working with insurance brokers, understanding their processes, and collaborating to meet client...


  • Dubai, United Arab Emirates Insurance Brokers LLC Full time

    **Requirements**: **Immediate Joining,** Proficiency & Strong knowledge in using various Insurance companies' online portals for Motor Insurance, to swiftly issue quotes and motor insurance policies. Previous experience working with insurance brokers, understanding their processes, and collaborating to meet client needs. Strong verbal and written...


  • Dubai, United Arab Emirates Nexus Insurance Brokers Full time

    The primary functions of this position are to provide quality service to clients, manage and control client relationships, and support consultants/producers in their efforts to attract and retain clients. The Commercial Insurance Account Executive will be the day-to-day liaison between the insurance company and designated accounts. **Key...


  • Dubai, United Arab Emirates Nexus Insurance Brokers Full time

    Closing on: Sep 30, 2024 The primary functions of this position are to provide quality service to clients by ensuring quote-bind-issuance process is within agreed TAT. Support consultants/producers in their efforts to attract and retain clients by providing competitive quotes. **Key Accountabilities**: - Receive new business & renewals requests from...


  • Dubai, United Arab Emirates Earnest Insurance Brokers Full time

    1. Receive and Review Claims - Receive incoming motor claim notifications from calls, WhatsApp, mails & internal staff and advise / assist clients based on the situation & required details to process the claim. 2. Investigation and Documentation - Understanding the claim scenario / circumstance and guiding the client(s) as per the policy coverage & the...


  • Dubai, United Arab Emirates Zurich Insurance Full time

    **Job Summary** - Zurich Middle East is part of Zurich Insurance Group, one of the world’s largest and most experienced insurers. Our mission is to help our local community understand and protect themselves from risk both locally and globally.- In-Line with our Emiratization strategy, Zurich is looking to hire Emirati talents who are aspiring to develop...

  • Compliance Officer

    6 months ago


    Dubai, United Arab Emirates MMC Corporate Full time

    We are seeking a Compliance Officer for our Dubai International Financial Centre (DIFC) Marsh and Mercer businesses. This key role will focus on ensuring adherence to DIFC/DFSA regulations, managing compliance risks, and maintaining the highest standards of ethical conduct. The Officer will be instrumental in upholding our reputation and integrity through...


  • Dubai, United Arab Emirates Nexus Insurance Brokers Full time

    The primary functions of this position are to provide quality service to clients, for quote to issuance process for new business/renewals for individual medical insurance inquiries. The Operations Executive will be the day-to-day liaison between the insurance company and designated accounts while supporting the team by responding to queries, follow up’s...


  • Dubai, United Arab Emirates Earnest Insurance Brokers Full time

    **Job description** - Meeting the assigned sales targets. - Sell the company’s products and services whilst developing long-term business relationships with customers. - Meet new prospects daily basis and handle the queries by offering them insurance services. - Maintain existing clients and growing a strong prospective client base. - Drive new business...


  • Dubai, United Arab Emirates Earnest Insurance Brokers Full time

    Responsibilities - Evaluate and validate insurance information to potential client and process the necessary resolutions for parties. - Appraising the wishes and demands of business or individual customers and selling the suitable policies. - Provide Insurance advice in a way that meets and exceeds client expectations. - Follow - up to ensure timely payments...

  • Insurance Officer

    6 months ago


    Dubai, United Arab Emirates Al Shifa Al Khaleeji Medical Center Full time

    A reputed medical group is looking for an insurance officer. Good knowledge of insurance claim submission and reconciliation is required. **Salary**: AED5,000.00 - AED6,000.00 per month

  • Insurance Officer

    2 months ago


    Dubai, United Arab Emirates PH Diagnostics LLC Full time

    Job Title: Insurance Team Leader **Job Description**: Key Responsibilities: 1. Team Leadership: - Lead, mentor, and manage a team of insurance professionals. - Foster a collaborative and productive team environment. - Set performance goals and monitor team progress. 2. Approval Management: - Take charge of obtaining approvals for insurance claims. -...

  • Accounts Officer

    6 months ago


    Dubai, United Arab Emirates Zurich Insurance Full time

    **Job Summary** - Zurich Middle East is part of Zurich Insurance Group, one of the world’s largest and most experienced insurers. Our mission is to help our local community understand and protect themselves from risk both locally and globally.- **Job Accountabilities** **As Accounts Officer, your role will involve**: - Process day-to-day financial...

  • Policy Administrator

    6 months ago


    Dubai, United Arab Emirates NATIONAL GENERAL INSURANCE CO (PSC) Full time

    **Job Title : Policy Admin - Medical Insurance** **Location : NGI - Head Office** **Responsibilities**: - Check all documents received to ensure completion before processing the policy or endorsement. - Validate documents and perform policy issuance and endorsements in the core system within the agreed turnaround time. - Manage the portal requests for...

  • Uae National

    1 month ago


    Dubai, United Arab Emirates Earnest Insurance Brokers Full time

    Job Description: Receive and Review Claims: Handle incoming motor claim notifications from various channels and assist clients with the required details. Investigation and Documentation: Understand the claim, review relevant documents, and report to the insurer. Policy and Coverage Analysis: Analyze policies to determine coverage limits, exclusions, and...


  • Dubai, United Arab Emirates Aspris Wellbeing Centre FZ LLC Full time

    **Job Purpose**: Responsible for managing operations and productivity within the revenue cycle, minimizing financial losses, and ensuring efficient coordination with the Insurance department. This role involves overseeing the reconciliation and recovery of pending payments, conducting medical audits, managing claims and denials, and maintaining compliance...

  • Insurance Consultant

    4 months ago


    Dubai, United Arab Emirates Zurich Insurance Group Full time

    Insurance Consultant (UAE Nationals only) **Job Summary** Zurich Middle East is part of Zurich Insurance Group, one of the world's largest and most experienced insurers. Our mission is to help our local community understand and protect themselves from risk both locally and globally. We are seeking highly motivated individuals to join our dynamic training...