BOC is a leading financial services provider in Botswana. Our core focus is the provision of risk-based solutions focusing on the life and short-term insurance needs of businesses and individuals. The above position has become available in our organization and interested persons are invited to submit their applications to the Managing Director.
Job Summary
- Type: full-time
- Location: Gaborone
- Category: Insurance
- Closing Date: 2026-05-15
Key Responsibilities
- implement and manage all aspects of compliance and oversee AML / CTF and KYC programs for the company.
- managing compliance requirements.
Requirements
- The successful applicant will have been in the Insurance Industry for a minimum of 25 years, of which at least 15 of these, being in a Senior Management position.
- He / She must be an Associate of the Chartered Insurance Institute of London by examination and be authorised to use the descriptive term Chartered Insurer or Chartered Insurance Practitioner.
- He / She must display traceable evidence of having managed large corporate accounts over several years, particularly in the Financial Services, Industrial, Retail and Mining Sectors.
- Experience in reinsurance placements is a pre – requisite.
- The successful applicant must be thoroughly conversant with the Insurance Industry, NBFIRA and FIA Acts of Botswana.
- it would be advantageous if the applicant is an accredited Commissioner of Oaths or Notary Public.
How to Apply
Applications will only be received via email or post: Please email a detailed CV’s, certificates and reference letters to jose@boc.co.bw or post to PO Box AB64, ABC, Gaborone – please quote reference no. BOCKAM00 I. BOC Insurance Brokers: Plot 54354, Gaborone, Tel: 395 9505
REF Code: BOCKAM00 I
About the Company
BOC Insurance Brokers, trading as BOC CONSULTING (PTY) LTD, is a prominent insurance brokerage firm based in Botswana. Operating primarily from Gaborone, the company specialises in providing a wide array of insurance solutions to both individual and corporate clients across the nation. They serve as an independent intermediary, guiding clients through various short-term and long-term insurance products from different providers. BOC Insurance Brokers leverages its local market knowledge to ensure clients in Botswana receive tailored coverage that meets their specific needs. Their commitment is to offer reliable advice and comprehensive risk management strategies.
Independent insurance brokers serving Botswana's diverse needs.
Frequently Asked Questions
What educational background and certifications are typically required for a Key Account Manager and Compliance Officer role in Botswana's insurance sector?
Candidates usually need a degree in Business Administration, Finance, Law, or a related field. Relevant certifications such as those from NBFIRA (Non-Bank Financial Institutions Regulatory Authority) or other insurance-specific qualifications are often essential for practicing in Botswana. Strong knowledge of local regulatory frameworks is also critical.
What are the primary day-to-day responsibilities of this dual role?
On the Key Account Manager side, typical duties involve managing a portfolio of key clients, cultivating relationships, and identifying new business opportunities for insurance products. As a Compliance Officer, the role requires monitoring internal processes for adherence to NBFIRA regulations, conducting compliance training, and preparing regulatory reports. This involves balancing client engagement with strict regulatory oversight.
How does the local work culture in Botswana influence expectations for someone in this position?
Botswana's professional culture values strong interpersonal relationships, respect for hierarchy, and a commitment to ethical conduct and professionalism. Punctuality and clear communication are highly regarded, especially in client-facing and regulatory-sensitive roles. Building trust and maintaining a professional image are paramount in the financial services sector.
What are the realistic career progression opportunities for a Key Account Manager and Compliance Officer in Botswana's insurance industry?
Successful professionals in this role can advance to senior management positions within either key account management or compliance departments. Potential paths include Senior Key Account Manager, Compliance Manager, or even broader leadership roles within an insurance brokerage. Further professional qualifications and demonstrated leadership can significantly enhance growth prospects.
What typical benefits package can one expect for a role like this at an established company in Botswana?
Standard benefits generally include annual leave, sick leave, and maternity leave as stipulated by Botswana labour laws. Many established companies also offer medical aid schemes, contributions to a pension fund (e.g., BPOPF), and sometimes group life insurance. Specific benefits can vary based on the employer's policies and the seniority of the role.