Zurich Insurance Hiring for Compliance Officer Job at Dubai Full Time

Zurich is one of the world’s leading insurance groups, and one of the few to operate on a global basis. Our mission is to help our customers understand and protect themselves from risk. With around 55,000 employees serving customers in more than 210 countries and territories, we aspire to become the best global insurer as measured by our shareholders, customers and employees. We help individuals, small and medium sized companies and global corporations around the world understand and protect themselves from risk by offering a wide range of insurance products, solutions and advisory services.

We are looking for a Compliance Officer to join our team and play a key role in our Middle East Team. Reporting to the Head of Legal and Compliance, this individual will promote an ethics-based culture, delivering practical solutions, guidance and training; identifies and manages less moderately complex Compliance Risks implementing policies, processes and controls related to the Compliance Risk Universe.

• Review Compliance strategy and determine if it is aligned with business strategy, legal requirements and trends. Identify areas not aligned and bring to Compliance leadership.
• Promoting Ethic Based Culture, implementing training and awareness activities and provide management with relevant metrics.
• Assess less complex new laws and trends and their applicability and implementation to Zurich’s operations in the jurisdiction, in alignment with Legal, in order to ensure that the Compliance Risk Universe are fully identified and managed.
• Advise the first line of defense with respect to policies (i.e. their adoption, development, implementation and maintenance), practical guidance, training, relevant controls, and processes for mitigation of risks within the Compliance Risk Universe.
• Provide information to management to support its regulatory relationship management regarding topics from the compliance risk universe thereby upholding the organization’s public image.
• Identify and interact with internal stakeholders to further comprehend the functional mandates and ensure functional involvement in matters of relevance.
• Ensure that relevant stakeholders are informed, understand and support Compliance activities and prioritization.
• Evaluate business activities (e.g. proposition management) to assess compliance risk.
• Contribute to regular awareness campaigns reminding employees of the respective Group Policy and how they can report a violation or a concern.
• Advise and support first line of defense with regard to the adoption of less complex Compliance Policies.
• Perform Compliance Oversight, establishing and maintaining reports to relevant stakeholders, as foreseen in internal policies and local regulation
• Provide input to the annual compliance risk assessment to satisfy internal and regulatory requirements and communicate assessment results to management, governance committees and other stakeholders, as applicable, coordinating action plans settlement whenever is necessary.
• May perform assurance to the business that the function inherent risks are being identified, managed and mitigated where possible.
• Share assurance activities’ results and agree on actions with management and other relevant stakeholders and follow up with business on agreed improvement actions.

• Bachelor’s Degree (or equivalent) and 5 or more years of experience in related filed.
• Strong communication and negotiation skills
• Ability to adapt to fast-paced environment
• Strong attention to detail