Career

NATIONAL INSURANCE is a leading general insurance company in Brunei Darussalam, and a member of the worldwide Allianz Insurance Group.

We are seeking young, dynamic and highly motivated Brunei Citizens or Permanent Residents to join us for the following positions at our Head Office:

LEGAL AND COMPLIANCE OFFICER

The Legal and Compliance Officer will provide advisory on legal and regulatory issues, review and ensure compliance to policies, procedures and processes, and analyse applicable laws and regulations for impact. 

The Legal and Compliance Officer will be the key liaison in coordinating and responding to regulatory and  compliance audits conducted by insurance authorities and regulatory bodies.

Responsibilities:

  • Oversee and manage all compliance related matters, and provide legal support and advice on Company’s overall operations, including product developments and projects
  • Develop, maintain and revise policies and guidelines to ensure Company is in compliance with the guidelines, regulations and legislations
  • Acts as an independent review and evaluation body, to ensure that compliance issues are being appropriately evaluated, investigated and resolved
  • Review contracts with suppliers and outsourcing partners
  • Oversee the sales compliance practices to detect and address any mis-selling, misrepresentation, misconduct and unethical behaviour issues, including performing comprehensive investigations and reporting
  • Responsible in Anti-Money Laundering/Counter Terrorism (AML/CFT) Financing programme, including performing due diligence, detecting, reporting, monitoring, training, risk assessments, AML/CFT quality assurance and sanction list screening
  • Keeping abreast of developments emerging trends in the insurance industry and, new products or services, including their implications from a regulatory and compliance perspective

Requirements:

  • Bachelor’s Degree in Law
  • Preferably 2 years of work experience in similar field
  • Insurance industry knowledge and/or Insurance qualification will be an advantage
  • Excellent verbal and written skills in English and Malay
  • Strong analytical problem solving, interpersonal and influencing skills
  • Exceptional judgment- business acumen and insightful understanding the regulations
  • Proven ability to multi-task and to manage multiple assignments within tight deadlines
  • Pro- active, able to work independently and collaborative team player
  • Possess a high level of integrity, detail-oriented, resourceful and professional with a pleasant disposition

If you possess the qualities we are looking for and are interested in an exciting and rewarding career with us, please write in with full particulars, stating your expected salary, enclosing copies of certificates and/or testimonials and a recent passport-size photo to:

Manager Human Resources & Administration
NATIONAL INSURANCE COMPANY BERHAD
Units 12 & 13, Block A, Regent Square
Spg 150, Kg Kiarong BE1318
Negara Brunei Darussalam

Or email your application together with the required documents to insurance@national.com.bn

ONLY SHORTLISTED CANDIDATES WILL BE NOTIFIED.