Chubb Life Global Office: Chief Compliance Officer, Chubb Life

• Design and maintain a comprehensive compliance program aligned with legal and regulatory requirements, industry best practices, and organizational goals.
• Develop policies, procedures, and standards to promote ethical behavior and mitigate compliance risks and maintain the Chubb Life compliance policies program.
• Drive continuous improvement of the compliance program and compliance risk management.
• Coordinate with the compliance programs and activities of Chubb Global Compliance.
• Prepare Executive Committee reports on compliance activities.

• Provide guidance and support to business units on compliance matters and participate in cross-functional initiatives to address compliance issues and challenges.
• Drive compliance culture that invites inquiries from business lines, breaks down silos, provides practical, innovative, constructive advice, and flexibility in developing solutions.

• Stay updated on legislative and regulatory developments impacting our businesses.
• Implement controls and processes to ensure compliance with applicable laws, regulations, rules, and internal standards.
• Co-ordinate the dissemination of regulatory updates to relevant stakeholders and collaborate with teams to address compliance and regulatory requirements.

• Conduct risk assessments to identify compliance vulnerabilities and coordinate with the Risk team as required.
• Develop strategies to mitigate risks and implement risk control measures.
• Collaborate with relevant departments to integrate compliance risk management practices and foster a culture of compliance.
• Manage the requirements of the Chubb Business Compliance Framework, in coordination with global and local compliance teams.

• Manage the Compliance Assurance Review Program including coordinating and conducting reviews, supervising staff, drafting and finalizing reports.
• Lead the implementation of Chubb's compliance risk management system, in coordination with global and local Compliance teams.
• Conduct internal investigations and prepare investigation reports.

• Review business activities, provide advice and develop solutions.
• Oversee and advise on matters related to Trade Sanctions (OFAC), Foreign Corrupt Practices Act, Chubb policies and procedures.
• Manage and support third party risk management and onboarding including conducting due diligence, preparing reports and advising business stakeholders.
• Maintain awareness of existing and new compliance requirements including issuing communications and conducting training to local compliance teams as required.

• Degree holder, preferably in Law.

• Minimum 15 years of extensive experience in compliance, risk management, or related fields in a leadership role.
• In-depth knowledge of the insurance industry and strong knowledge of relevant laws, regulations, and industry standards.
• Excellent understanding of compliance program development, maturation and implementation.
• Familiarity with Asia Pacific life insurance market dynamics, including regulatory bodies, market participants, and practices.
• Experience working with Asia Pacific insurance markets and supporting local teams in navigating compliance issues and challenges.
• Strategic leadership and ability to influence senior stakeholders in setting the right tone, and colleagues to work collaboratively to accomplish compliance objectives and goals.
• Strong leadership and management abilities to oversee a compliance team of direct and matrix reports.

• Proven experience in conducting risk assessments and implementing risk management strategies and frameworks.
• Exceptional analytical and problem-solving skills.
• Excellent communication and interpersonal skills to collaborate with stakeholders at all levels and across cultures.
• High levels of integrity and professionalism, trustworthy, straight forward, loyal and confident with a commitment to promoting a culture of compliance.
• Strong execution and organization abilities to ensure timely completion of deliverables, and ability to deliver quality and meticulous work within tight deadlines.
• Ability to achieve results directly and in teams and adapt to changing priorities and circumstances.
• High levels of energy and resilience with ability to maintain performance stability and efficiency under changing and adverse conditions.
• Excellent written and spoken English. Strong preference for Chinese language skills. Ability in other Asian languages a plus.
• Must have excellent report writing skills.

Chubb