Compliance Guidance Officer - Sandton, South Africa - Discovery Ltd.
Description
Business Unit:
Discovery Central Services
Function:Compliance
Date:16-Jan-2023Compliance Guidance Officer (Health Compliance)
About Discovery
- Discovery's core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fastpaced and dynamic environment enables smart, selfdriven people to be their best. As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.
About Product Compliance
Job Purpose - The Health Compliance subpillar within Product Compliance is looking for a great person to join the team as a Compliance Guidance Officer to assist Discovery Health effectively and productively in managing its responsibility to comply with all the regulatory requirements and minimise the compliance risks identified in business. In addition to the above, the role also requires engagement with the regulatory bodies from time to time.
Principal Accountabilities - Assist management to define, set and manage compliance framework, policies and standards specific to the function
- Facilitate compliance and provision of guidance on applicable policies and strategic objectives by using risk management principles
- Provide strategic guidance in decisionmaking on compliance or regulatory matters
- Compliance monitoring of the applicable business unit compliance functions and assurance across the business units
- Input into monthly and quarterly compliance reports
- Engagements with Regulators and with other interest groups in the medical schemes industry. Support management in the development and maintenance of the Compliance Risk Management Programmes (CRMPs) as applicable to the business unit
- Assist management with identification and evaluation of compliance exposures and regulatory Breaches
Education; Knowledge and Experience
- Relevant tertiary qualification
- The person must have a clear and indepth understanding of the Medical Schemes Act and the medical scheme administration and managed care environment
- At least 3 years medical scheme compliance experience. Experience in drafting Compliance Risk Management Plans and conducting Compliance monitoring
- EMPLOYMENT EQUITY
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