Regulatory and Government Affairs Lead
The Regulatory & Government Affairs Lead drives regulatory strategy, compliance coordination, government engagement, and licensing operations to support the company’s strategic goals across Malaysia and other markets.
WHAT YOU’LL DO:
- Government Relations & Stakeholder Management
- Build and nurture strategic relationships with regulators, government agencies, and relevant industry associations.
- Initiate early engagement with regulators to understand upcoming regulations, influence policy direction where appropriate, and prepare internal teams for potential impacts.
- Regulatory Strategy & Monitoring
- Track, interpret, and analyse regulatory developments across jurisdictions, including but not limited to Bank Negara Malaysia, Labuan FSA, and other government agencies and ministries.
- Maintain a regulatory obligations register (ROR) and work with our Legal team to drive timely filings, renewals, and audits.
- Develop implementation roadmaps following regulatory changes, ensuring the company transitions smoothly into compliance.
- Compliance and Risk Management
- Identify governance and compliance risks and propose mitigation approaches.
- Translate regulatory requirements into actionable compliance steps for internal teams, and oversee the execution of compliance plans in partnership with the respective internal stakeholders.
- Collaborate with internal stakeholders on ensuring that both commercial interests and regulatory matters are taken into consideration in our ongoing undertakings.
- Licensing, Approvals & Regulatory Filings
- Manage end-to-end licensing requirements for group entities (e.g., Labuan reinsurer, financial service providers, broking/agency entities, Australian operations).
- Own operational execution and collaborate with our Legal team on regulatory accuracy and statutory compliance.
- Ensure timely and accurate submissions to the regulators.
Requirements
WHAT WE EXPECT OF YOU:
- Minimum 5 years of relevant experience in insurance/insurance consulting AND regulatory affairs or compliance, with familiarity with insurance/insurtech regulations.
- Experience in Bank Negara Malaysia or interfacing with regulators or government stakeholders, is strongly preferred.
- Strong commercial acumen with excellent negotiation skills.
- Confident communicator with political sensitivity to influence and build trust with senior stakeholders.
- Self-starter with strong ownership, integrity, and pragmatic problem-solving.
- Highly structured with strong documentation skills.