Risk, Legal & Compliance Officer at Alliance Life Assurance Ltd Dar es salaam March 2026

Website Alliance Life Assurance Ltd

Alliance Life Assurance Ltd

 


Alliance Life Assurance Limited – Career Opportunity

Position: Risk, Legal & Compliance Officer

Department: Executive
Location: Dar es Salaam, Tanzania
Reports to: Chief Executive Officer (CEO)


About Alliance Life Assurance Ltd

Alliance Life Assurance Ltd (ALAL) was established in 2010 as the first locally privately owned Life Insurance Company in Tanzania. Over the years, the company has expanded its presence across the region and become one of the leading insurance and financial services companies in East Africa.

With a strong commitment to excellence, innovation, and customer service, Alliance Life provides life insurance solutions to both individuals and corporate clients, earning trust and recognition across the region.


Job Summary

Alliance Life Assurance Ltd is seeking a dynamic, highly motivated, and results-oriented Risk, Legal & Compliance Officer to join its team.

The role is responsible for ensuring that the organization complies with all applicable laws, regulations, and internal policies while protecting the company’s legal interests. The successful candidate will provide legal advisory services, manage regulatory compliance, draft legal documents and company policies, and implement risk mitigation strategies across the organization.


Key Responsibilities

1. Legal Advisory

  • Provide accurate and timely legal advice to management and business units on regulatory, contractual, and operational matters.
  • Review and draft legal documents including contracts, policies, agreements, and Memoranda of Understanding (MOUs).

2. Compliance Management

  • Develop, implement, and maintain an effective compliance program to ensure adherence to legal and regulatory requirements.
  • Ensure timely submission of statutory filings and reports to regulatory authorities.
  • Maintain a register of compliance obligations and monitor adherence.

3. Risk Management

Risk Identification & Assessment

  • Identify, assess, monitor, and mitigate legal, compliance, operational, financial, and strategic risks across business units.

Fraud Mitigation

  • Work with underwriting and claims teams to detect anomalies and investigate potential fraud cases.
  • Implement preventative control measures.

Process Gap Analysis

  • Identify gaps in internal controls and compliance processes and recommend corrective actions.

Business Continuity Planning

  • Develop, maintain, and regularly test the Business Continuity Plan (BCP) to ensure operational resilience against disruptions.

4. Regulatory Liaison

  • Serve as the main point of contact with regulatory authorities.
  • Ensure all regulatory communication is professional and timely.
  • Coordinate and manage regulatory inspections and audits.

5. Internal Audit Facilitation & Tracking

Audit Coordination

  • Act as the central liaison between internal auditors and company departments.
  • Ensure smooth execution of audit plans and availability of required documentation.

Remediation Tracking

  • Track implementation of Internal Audit recommendations.
  • Work closely with department heads to ensure Corrective Action Plans (CAPs) are completed within agreed timelines.

6. Record Keeping and Reporting

  • Maintain organized records for legal and compliance documentation, including contracts, licenses, and permits.
  • Prepare and submit compliance reports to senior management and the board.

7. Other Duties

  • Assist management in handling sensitive legal and compliance matters.
  • Perform other duties assigned by the line manager or executive team.

Qualifications and Experience

Education

  • Bachelor’s Degree in Law (LLB) or a related field.

Professional Requirements

  • Admission to the Bar (or equivalent professional legal qualification).

Added Advantage

  • Certification in Compliance, Risk Management, or related fields.

Experience

  • Minimum 3–5 years of experience in legal and compliance roles.
  • Preferably within the insurance, financial services, or corporate sector.

Required Skills and Competencies

  • Strong understanding of insurance law, labor law, and corporate governance.
  • Proven experience managing regulatory and legal matters effectively.
  • Excellent communication, presentation, negotiation, and interpersonal skills.
  • High level of professional integrity and confidentiality.
  • Proficiency in Microsoft Office and digital business tools.

Equal Opportunity Statement

Alliance Life Assurance Ltd promotes an inclusive workplace that provides equal opportunities for all employees, including reasonable accommodations for individuals with disabilities. For inquiries regarding physical demands, please contact Human Resources.


Application Process

Interested candidates who meet the qualifications are invited to submit their CV/Resume via email.

Email: hr@alliancelife.co.tz
Subject Line: Risk, Legal & Compliance Officer

Application Deadline: 13th March 2026

Note: Only shortlisted candidates will be contacted.


 

To apply for this job email your details to hr@alliancelife.co.tz

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