Position: Senior Compliance Officer
Reports to: Head of Compliance, Cigna Saudi Arabia Branch
Department: Compliance Department

About Cigna

Cigna is a global health service company dedicated to improving health, well-being, and peace of mind. With a strong presence in Saudi Arabia, Cigna is committed to delivering best-in-class health solutions aligned with Vision 2030.

Job Description

The Senior Compliance Officer will play a pivotal role in supporting the Head of Compliance to ensure Cigna’s operations in Saudi Arabia meet all regulatory and internal compliance requirements. This role involves assisting in key compliance initiatives, supporting AML/CFT and Anti-Fraud programs, and acting as a subject matter expert on regulatory matters and data privacy.

Key Responsibilities

The Senior Compliance Officer will help and assist the Head of Compliance in the following:

• Monitoring and interpreting regulatory changes, laws, and guidelines affecting the insurance sector in Saudi Arabia.
• Designing and executing the annual compliance plan.
• Reviewing and updating company policies and procedures to ensure ongoing compliance.
• Providing regulatory advice to business units, projects, and committees.
• Representing the compliance function in internal and external meetings, committees, and with regulators.
• Leading or participating in internal audits and regulatory inspections.
• Managing and supporting the compliance team.
• Coordinating with Legal, HR, and other departments on compliance-related matters.
• Supporting regulatory inspections, audits, and supervisory visits.
• Maintaining and updating the compliance database and obligation register.
• Tracking regulatory deadlines and coordinating regulatory submissions.
• Conducting compliance risk assessments and self-assessment validations.
• Preparing and delivering compliance reports (quarterly/annual) for management.
• Developing and delivering compliance training and awareness campaigns for staff.
• Supporting data privacy compliance, including breach management and data subject access requests.
• Assisting in implementing AML requirements, including maintaining and updating AML/CFT policies and procedures, conducting transaction monitoring, name screening, filing suspicious transaction reports, coordinating AML training, responding to regulator AML requests, and conducting internal AML risk assessments.
• Assisting in implementing Anti-Fraud requirements, including maintaining and updating anti-fraud policies and procedures, managing confidential whistleblowing channels, investigating fraud cases, preparing fraud investigation reports, and coordinating with Legal/HR on disciplinary actions.
• Managing compliance files, registers, and logs, ensuring accuracy and confidentiality.
• Acting as a point of contact for compliance-related queries from business units.
• Participating in investigations of compliance breaches, fraud, or whistleblowing cases.
• Assisting in preparing reports and presentations for internal and external stakeholders.

Requirements

• At least 8 years of experience in compliance, preferably within the insurance or financial services sector.
• Strong knowledge of Saudi insurance regulations, data protection laws, and AML/CFT requirements.
• Demonstrated experience in policy development, risk assessment, and regulatory reporting.
• Excellent analytical, planning, and problem-solving skills.
• Strong written and verbal communication skills in English and Arabic.
• Ability to work independently and as part of a team in a fast-paced environment.
• High ethical standards, attention to detail, and a proactive approach.

About The Cigna Group

Doing something meaningful starts with a simple decision, a commitment to changing lives. At The Cigna Group, we’re dedicated to improving the health and vitality of those we serve. Through our divisions Cigna Healthcare and Evernorth Health Services, we are committed to enhancing the lives of our clients, customers and patients. Join us in driving growth and improving lives.

Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.

If you require reasonable accommodation in completing the online application process, please email: SeeYourselfEMEA@cigna.com for support. Do not email SeeYourselfEMEA@cigna.com for an update on your application or to provide your resume as you will not receive a response.