Senior Compliance Officer

About the role

The Senior Compliance Officer will support the Head of Compliance in ensuring that Cigna’s operations in Saudi Arabia meet all regulatory and internal compliance requirements. This role is central to the implementation of AML/CFT, anti‑fraud, and data‑privacy programmes and acts as a subject‑matter expert on Saudi insurance regulations.

Key responsibilities

• Monitor and interpret regulatory changes affecting the insurance sector in Saudi Arabia.
• Design and execute the annual compliance plan and update policies and procedures.
• Provide regulatory advice to business units, projects, and committees.
• Represent the compliance function in internal and external meetings, including regulator interactions.
• Lead or participate in internal audits, regulatory inspections, and supervisory visits.
• Coordinate with Legal, HR, and other departments on compliance‑related matters.
• Maintain the compliance database, obligation register, and track regulatory deadlines.
• Conduct compliance risk assessments, self‑assessment validations, and prepare quarterly/annual reports.
• Develop and deliver compliance training and awareness campaigns.
• Support AML/CFT activities: policy maintenance, transaction monitoring, name screening, SAR filing, and AML risk assessments.
• Support anti‑fraud initiatives: policy upkeep, whistleblowing channel management, fraud investigations, and coordination with Legal/HR.
• Assist with data‑privacy compliance, breach management, and data‑subject access requests.

Required profile

• At least 8 years of experience in compliance, preferably within the insurance or health services sector.

Required skills