Junior Legal & Compliance Associate at Ark Insurance Group

About the Role

We invite applications from suitably qualified candidates for the position of Junior Legal & Compliance Associate.

Responsibilities and Duties

General Support

• Provide general support to the Department
• Draft and review business contracts for approval
• Conduct in-depth legal research and prepare initial legal opinions on legal and regulatory compliance issues as directed by the team

Compliance and Regulatory Oversight

• Support the drafting, implementation, and periodic review of compliance policies and procedures
• Monitor regulatory developments, particularly from the National Insurance Commission (NAICOM), and assess potential impacts on the company's operations
• Prepare draft responses to regulators on compliance issues, queries, and routine correspondence
• Participate in Data Protection audits and ensure compliance with data privacy regulations

Risk Management

• Assist in identifying legal and regulatory risks and propose practical solutions or risk mitigation measures

Training and Awareness

• Draft training materials and support the delivery of compliance training sessions to staff

Key Performance Indicators

• Timely completion of assigned tasks in line with departmental SOPs
• Effective support to the Senior Associate and Head of Unit
• Ability to prioritize, manage workload, and multitask effectively
• Proactive identification of potential risk areas with practical recommendations

Required Skills and Competencies

• Strong knowledge of Nigerian laws and regulations, particularly those relevant to the insurance industry
• Excellent legal drafting, analytical, and research skills
• High attention to detail and accuracy
• Strong interpersonal and communication skills (both written and verbal)
• Ability to take initiative, work independently, and contribute innovative ideas
• Proficiency in Office 365 applications (Word, PowerPoint, Excel)
• Prior knowledge or experience in Nigerian Medical Law (advantageous)