About the role
Are you looking to work with a growing multinational, fast paced organisation? If so, then this could be the opportunity for you. We are looking for a Regional Compliance Officer on a 12 month fixed term contract basis to provide support on both the compliance and governance duties and responsibilities for the Monument entities based in Bermuda.
Responsibilities
Compliance Oversight- Maintain and support the Company’s compliance framework in accordance with the Insurance Act 1978, related legislation, regulations and codes.
- Monitor regulatory updates, analyse their impact, and prepare horizon scanning, and coordinate required action.
- Assist with regulatory filings and reporting.
- Conduct compliance assurance monitoring.
- Maintain compliance policies, procedures, registers, and documentation.
- Support compliance with the Personal Information Protection Act (PIPA), including recordkeeping, policy maintenance, incident handling, and coordination with the Privacy Officer.
- Assist with compliance requirements under the Economic Substance Act, including documentation and filings.
- Preparation and Delivery of compliance training.
- Support intra-group services reviews and oversight.
Corporate Governance Support- Assist with Board and Committee governance activities.
- Manage governance calendars and track key regulatory and corporate deadlines.
Risk and Internal Control Support- Support alignment of compliance activities with risk and internal control frameworks, including the RCSA.
- Assist with policy reviews, outsourcing oversight, business continuity compliance, and other risk-related processes.
Role Requirements
- Minimum of 5 years’ experience in a compliance, governance, or regulatory role within the Bermuda insurance sector (Life or commercial re/insurance experience preferred).
- Strong understanding of regulatory requirements and practices, covering assurance, AML/ATF and data protection and good knowledge of corporate governance practices;
- Sound knowledge of the Insurance Act, the Economic Substance Act, PIPA, and the Companies Act;
- A bachelor’s degree or a relevant professional qualification at an equivalent level;
- Professional certification/s in compliance, risk, governance or a relevant insurance qualification to diploma level (e.g., from ICA, IRM, CII, the Institutes/CPCU, CGI/ICSA).
- Strong writing, communication, and analytical skills.
- Proficiency with Microsoft Office applications and ideally experience of company secretarial/compliance software;
- Excellent experience of promoting a compliance culture; and
- Ability to demonstrate keeping abreast of regulatory change and understanding and interpreting regulatory requirements.
- Excellent work ethic with collaboration, and organisation skills;
- Proactive and able to work autonomously;
- Problem-solver who takes initiative to identify issues and recommend solutions.
- Objective, analytical and detail-orientated person who displays high levels of integrity and ethical conduct.
- Adaptable, with the ability to respond to changing regulatory and business needs.
Location
Bermuda
Equal Opportunities Statement
Monument Re Group is an Equal Opportunity employer. Our Corporate values of Trust and Collaboration demonstrate our commitment to fostering an inclusive culture where all our employees feel respected and valued. We recognise that each employee brings their own unique skill sets, capabilities, immutable characteristics, and varied experiences to their work. In turn, the Monument Re Group provides a work environment for all our employees to achieve personal and professional growth and development throughout their careers with us.
Email:
careers@monumentregroup.com
