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5 Reviews
This training program aims to prepare participants with the knowledge and skills necessary to pass the Professional Examination for the Compliance Officer in the Insurance Sector. This program is designed to enable participants to efficiently and effectively undertake the duties of the compliance officer in Insurance companies, following an understanding of the compliance function’s role, the risks of non-compliance, and the procedures, controls, and relevant regulations.
5 Reviews
This training program aims to prepare participants with the knowledge and skills necessary to pass the Professional Examination for the Compliance Officer in the Insurance Sector. This program is designed to enable participants to efficiently and effectively undertake the duties of the compliance officer in Insurance companies, following an understanding of the compliance function’s role, the risks of non-compliance, and the procedures, controls, and relevant regulations.
Insurance
Compliance and Anti-Financial Crimes
Not Exist
Lecture
Case Studies +2
Lecture
Case Studies
Brainstroming
Dialogue and Discussions
Pre Exam
Compliance, AML, and CTF
-
This provides you with the opportunity to select the available times that suit you best for participation in our program. These times represent slots during which we are ready to welcome you and provide assistance and guidance.
In Class Training-Online Training
The concept of risk and its types
Conditions to be met at risk
Risk management concept
The concept, types and importance of insurance
The role of the Saudi Central Bank in monitoring the operations of insurance companies
In Class Training-Online Training
Compliance principles in insurance companies
Governance principles in insurance companies
In Class Training-Online Training
The concept of fraud, its types and methods of combating it in insurance companies
The concept of money laundering and terrorist financing and combating it in insurance companies
In Class Training-Online Training
The most important rules regulating the work of brokerage and insurance agency
The most important rules regulating insurance agents
In Class Training-Online Training
The requirements of the Central Bank of Saudi Arabia regarding the rules of attribution in insurance and reinsurance companies
Regulation of attributions for insurance and reinsurance companies
Acquiring knowledge and skills to pass the professional exam for Compliance Officer in the Insurance Sector.
Acquire necessary knowledge and skills that enable undertaking the compliance officer’s duties in Insurance companies, in an efficient manner.
Identify the risks of non-compliance with laws, directives, and the requirements of anti-money laundering and terrorist financing to contribute to an effective management of those risks.
Understand the penalties and disciplinary action relating to breach of regulatory compliance to avoid non-compliance.
Acquire the necessary knowledge and skills for developing and administering a risk-based regulatory compliance program in Insurance companies, to enable a proper implementation of the program.
Understand the means to develop internal policies, procedures, and internal controls to contribute to their development and update.
Recognize the roles of the compliance officer in relation to combating financial crimes, AML and CTF to effectively undertake the subject roles.
