Compliance Associate (Saudi National)

Shory is a fast-growing InsurTech company licensed by the Insurance Authority in Saudi Arabia. As we expand our operations and product offerings, we are looking for a motivated and detail-oriented Compliance Associate to support our compliance and regulatory affairs function. This is an exciting opportunity for someone with early-career experience in insurance compliance to grow within a dynamic, technology-driven environment and play a key role in ensuring Shory's continued adherence to IA regulations, licensing requirements, and internal governance standards.

Qualifications:

• Bachelor’s degree in law, Business Administration, Finance, Insurance, or a related field.
• Possession of the International Foundation Certificate in Insurance (IFCE) is a mandatory requirement as stipulated by the Insurance Authority in Saudi Arabia.
• Additional compliance or legal certifications (e.g., ICA, CAMS) are a plus.

Preferred Experience:

• 1–3 years of experience in a compliance, regulatory, or legal role within an insurance broker or insurance company in KSA.
• Familiarity with Insurance Authority (IA) regulations and the KSA insurance regulatory environment.

Job-Specific Skills:

• Knowledge of KSA insurance regulations and Insurance Authority requirements.
• Understanding of AML/CFT regulations and KYC/CDD processes.
• Good analytical and report-writing skills.
• Strong attention to detail and organizational skills.
• Ability to communicate compliance requirements clearly to non-compliance stakeholders.
• Proficiency in MS Office (Word, Excel, PowerPoint).
• Arabic and English language proficiency (written and spoken).