Sameer Khan

Sameer Khan Email and Phone Number

Compliance & Risk Manager | Expert in Insurance Regulatory Compliance | Analytical Thinker | Relationship Builder @ Shackleton Life
Sameer Khan's Location
Durban, KwaZulu-Natal, South Africa, South Africa
About Sameer Khan

Experienced Manager in Compliance and Risk with a demonstrated history of working in the insurance and financial services industry. Skilled in regulatory compliance, risk assessment, policy development, and project management. Strong people skills and relationship building capabilities. Proven expertise in overseeing business units, ensuring compliance with industry regulations including FAIS Act, FICA Act, COFI, Twin Peaks Model, POPIA, PPR, TCF, and Market Conduct Analysis. Proficient in managing claims, conducting due diligence checks, and maintaining strong relationships with regulatory bodies. Adept at preparing and analyzing business reports, managing operational risk, and facilitating communication with stakeholders. Recognized for exemplary analytical thinking, attention to detail, and successful management of complex situations.

Sameer Khan's Current Company Details
Shackleton Life

Shackleton Life

View
Compliance & Risk Manager | Expert in Insurance Regulatory Compliance | Analytical Thinker | Relationship Builder
Employees:
25
Sameer Khan Work Experience Details
  • Shackleton Life
    Compliance And Risk Manager
    Shackleton Life Nov 2012 - Present
    Durban, Kwazulu-Natal, South Africa
    - Claims Management regarding all long-term and short-terminsurance claims, relevant authority limits granted to finaliseclaim decisions, liaising with reinsurers regarding support onadmitted and repudiated claims, drafting of Complaint Responseconcerning Claim Repudiated disputes/complaints.- Responsibility and ability to respond to any FSCA and OLTIcomplaints ensuring a fair outcome is reached with variousArbitrators within the different long-term and short insurers,mitigating any risk to the FSP and Insurer alike.-Submission of Audited Financial Statements to FSCA to ensureFinancial Soundness requirements are met, as well Juristic Reps'financial statements (where applicable and appointed).
  • Shackleton Life
    Manager: Compliance Risk & Hr
    Shackleton Life Nov 2012 - Dec 2018
    Durban, Kwazulu-Natal, South Africa
    - Overseeing all business units and subsidiaries companies withthe wider group, ensuring advice and Intermediary services arecompliant with the FAIS Act and all other acts applicable to theLong Term and Short Term Insurance industry, includingcompliance with the FICA Act.- Amendments to the business Risk Management Plan, CorporateGovernance Framework, Complaints Handling Process etc.- Regular review and assessment of the Operational RiskManagement Plans, ensuring the business is not exposed tomaterial risk, which could impact brand and reputation.- Fit and Proper Due Diligence onboarding checks with all newrepresentatives and existing reps to ensure requisites are metwithin legislated timeframes.- Sound knowledge and interpretation of various legislation andregulation about the financial services and banking industry aswell as reporting to the shareholders and directors regardingchanges to legislation, for example, COFI, Twin Peaks Model,POPIA, PPR, TCF and Market Conduct Analysis.- Preparation and analysis of quarterly Conduct of BusinessReturns, which overarching Insurers report on the PrudentialAuthority (PA).- Managing and Oversight of various other ad hoc processdocuments which are regularly reviewed, i.e. Business Continuityand Disaster Recovery Plans, Statutory Disclosure Notices onvarious products being distributed to clients.- Liaising with governing bodies such as the FSCA regarding theregular updating of the company and subsidiaries' RepRegister, together with the submission of various applications tothe different reporting analysts within FSCA with respect to RE5Exemption for REPS, Extensions on Qualification Requirements forpreviously disadvantaged reps.
  • Nedbank
    Sales Consultant (Insurance Brokers)
    Nedbank Sep 2010 - Oct 2012
    Durban, Kwazulu-Natal, South Africa
    -Dealing with Credit Life Assurance for Nedbank, financedvehicles, and MFC clients.-Gained experience in working with Nedbank bond cover.
  • First National Bank Gh
    Sales Consultant (Credit Division)
    First National Bank Gh Oct 2008 - Sep 2010
    Durban, Kwazulu-Natal, South Africa
    -Financial products involving FNB credit cards and Joint Ventures(Discovery, Vodacom, Clicks etc.).-Multi-Skilled in Personal Banking products e.g. (Credit card,Cheque Accounts and Home Loans).
  • Response Telemarketing Services
    Outbound Sales Consultant
    Response Telemarketing Services Jul 2008 - Oct 2008
    Durban, Kwazulu-Natal, South Africa
    -Selling Short-Term Insurance plans as well as Cell Cdealing with AIG, Cell C and Regent clients.
  • O’Keefe& Swartz
    Outbound Sales Consultant
    O’Keefe& Swartz Feb 2008 - May 2008
    Durban, Kwazulu-Natal, South Africa
    -Selling Short-Term Insurance plans - Dealing with Bank clientse.g. (Standard Bank).
  • American Menswear
    Part Time Cashier And Salesman
    American Menswear Dec 2003 - Dec 2007
    -Good service, excellent communication skills, worked on the EASYsystem and conducted Stock Controls.

Sameer Khan Education Details

  • Moonstone Business School Of Excellence
    Finance And Financial Management Services
  • Fais Regulatory Exam- Key Individual (Re1)
    Fais Regulatory Exam- Key Individual (Re1)
    Competent
  • Fais Regulatory Exam- Representative (Re5)
    Fais Regulatory Exam- Representative (Re5)
    Competent
  • Nqf Level 4 120 Credits Business Management Graduate Institute Of Financial Sciences (Gifs)
    Nqf Level 4 120 Credits Business Management Graduate Institute Of Financial Sciences (Gifs)
    Competent In Full Qualification
  • Nqf Level 5 140 Credits
    Nqf Level 5 140 Credits
    Fwealth Management Graduate Institute Of Financial Sciences (Gifs) Competent In Full Qualification
  • Careers 2000
    Careers 2000
    Information Technology
  • Nqf Level 4 120 Credits
    Nqf Level 4 120 Credits
    Service Excellence Personal And Business Banking Frontline Recognition Of Prior Learning Centre
  • Arena Park Secondary School
    Arena Park Secondary School
    Senior Certificate

Frequently Asked Questions about Sameer Khan

What company does Sameer Khan work for?

Sameer Khan works for Shackleton Life

What is Sameer Khan's role at the current company?

Sameer Khan's current role is Compliance & Risk Manager | Expert in Insurance Regulatory Compliance | Analytical Thinker | Relationship Builder.

What schools did Sameer Khan attend?

Sameer Khan attended Moonstone Business School Of Excellence, Fais Regulatory Exam- Key Individual (Re1), Fais Regulatory Exam- Representative (Re5), Nqf Level 4 120 Credits Business Management Graduate Institute Of Financial Sciences (Gifs), Nqf Level 5 140 Credits, Careers 2000, Nqf Level 4 120 Credits, Arena Park Secondary School.

Who are Sameer Khan's colleagues?

Sameer Khan's colleagues are Selvan Kisten, Rehaanah Ally, Rookaya Husainudeen, Sonia Naicker, Judy Moodley, Deshni Harinarain, Simphiwe Ngubane.

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