Our client, Rand Mutual Assurance, is seeking a Junior Compliance Consultants to support its Legal, Risk and Compliance function within the sales and distribution environment. The consultants will assist with governance, oversight, and compliance activities across intermediary, binder, and partner agreements, with a particular focus on the long-term insurance sector.
The role will involve supporting ongoing monitoring activities, premium collection oversight, due diligence processes, and stakeholder communication across a broad partner network, including brokers, funeral parlours, and burial societies.
This is a hands-on operational compliance role suited to consultants who are comfortable working independently, engaging with both internal and external stakeholders, and operating in a fast-paced insurance environment undergoing significant growth and restructuring.
The ideal consultant will have prior experience within financial services, specifically long-term insurance, and will be confident navigating compliance and governance processes with minimal supervision.
Key Activities
- Support governance and oversight activities across intermediary, binder, and partner agreements.
- Assist with compliance monitoring and management of legal risk findings across sales and distribution channels.
- Support quarterly premium collection and ongoing intermediary governance processes.
- Engage with internal stakeholders and external partners regarding compliance requirements and legal documentation.
- Conduct due diligence activities and support follow-up communication with clients and intermediaries.
- Maintain accurate records, documentation, and operational tracking processes.
- Assist in embedding structure, discipline, and operational consistency across the function during a period of organisational growth and change.
- Work closely with leadership to ensure regulatory and operational processes are executed effectively.
- Support ad hoc compliance and operational initiatives within the broader Legal, Risk and Compliance team.
Your Background
Essential
- 3+ years of experience within compliance, legal risk, governance, or operational risk roles.
- Experience within financial services, specifically long-term insurance environments.
- Understanding of intermediary, binder, and partner agreement processes within insurance.
- Exposure to governance and compliance oversight activities.
- Strong communication skills with the ability to engage professionally with both internal and external stakeholders.
- High attention to detail and strong organisational capabilities.
- Ability to work independently and manage responsibilities with limited supervision.
- Comfortable operating in a hybrid working environment based in Johannesburg.
Desirable
- Exposure to funeral insurance, burial societies, or group insurance products.
- Previous experience engaging directly with brokers, intermediaries, or external partners.
- Experience within regulated insurance or financial services environments undergoing operational transformation.
- Relevant compliance, legal, or risk-related qualifications.