Compliance Associate

Pula Advisors

Pula Advisors

Legal
Kenya
Posted 6+ months ago

About Pula

We are an insuretech firm that provides agriculture insurance design and execution services, specialising in index based insurance and are backed by top tier VC investors who have invested more than $25 million in the business. Since 2015 we have provided climate insurance to 15.4 million smallholder farmers, 41% of which were women across 19 markets in Africa and Asia who pay an average of $6.8 per season to insure their crops. So far we've unlocked over $2.22 billion of capital from local and international insurance markets for climate risks since we started in 2015 and paid out $40.8 million to our client farmers.

Pula is a fast-paced space, constantly adapting to new opportunities and challenges and we are made up of a high-performance, multi-cultural team. We expect our team to value performance, results and professionalism.

At Pula, our values are:

  • Obsessed with results: We are responsible for our future and therefore we get things done!
  • Connect the Dots: We continuously identify different customer needs & business problems and build solutions that deliver value.
  • Have a Can do Attitude! We dare to do things differently to make things work.
  • We have each others’ back: We look out for each other & we share high quality, timely feedback that makes us better.

What You Will Be Doing

The Compliance Associate will work closely with the Head of compliance to ensure that the company’s global operations and its employees adhere to the applicable laws and policies.

Providing audit information to management by researching and analyzing data, preparing reports, conducting risk assessments and enforcing corrective action where necessary. The scope of work will cover all Pula’s subsidiaries Kenya, Tanzania, Uganda, Malawi, Zambia, Mozambique, Nigeria

1.Compliance 70%

  • Design and implement a global compliance manual to ensure internal and external legal adherence.
  • Evaluate business risks and advise on strategic decisions and operations.
  • Conduct compliance audits, research, and disseminate laws and regulations.
  • Review new subsidiaries for compliance risks and manage implementation.
  • Periodically review and update compliance manual and related policies.
  • Oversee implementation of compliance audit findings.
  • Develop, implement, and monitor company compliance activities.
  • Ensure departmental compliance with laws and regulations.
  • Communicate with the Head of Compliance regarding regulatory updates.
  • Advise, train, and oversee staff on compliance procedures, including AML and CFT requirements.

2.Special Projects 30%

  • Assist the Head of Compliance with special projects as and when required, this will typically include
    • Drafting and reviewing of legal documents
    • Legal setup of new subsidiaries
    • Renewals of licenses, permits and registrations
    • Various legal requests
    • Various stakeholder requests and reports

What You Need To Succeed

  • Bachelor’s degree in law, risk management, or a related field.
  • 4-5 years’ work experience in a compliance officer role preferably in a financial institution or experience in External/ Internal Audit, QMS Audit, Analysis or Risk Management and Compliance. Experience with an insurance regulator in any of our territories will be a strong asset.

What Pula will bring to the table

  • Growth potential: With an untapped market of 1.5 billion smallholders worldwide, on track to doubling the number of farmers insured in 2021 and Pula’s global leadership in Agriculture Insurance, our new staffers have a tremendous upside growth potential.
  • Market Leader: Not only is the opportunity massive, but Pula is by far the market leader in it’s category with 11m farmers insured as of 2023.
  • Solid: Pula has been funded by leading venture capital investors (Omidyar Network, ACCION, MercyCorps) and global philanthropic institutions (MasterCard Foundation, CGAP/World Bank as well as the Bill and Melinda Gates Foundation). Pula closed a $6m series A funding in December 2020 in the right in the middle of the pandemic a clear testimony of the opportunity that Pula is going after.
  • Respected: Winner of the Singapore FinTech Festival 2019, Winner of The InsureTech of the Award, Africa. Featured on TED talks, The New York Times, The Economist.
  • Impact and creation: This is a high-impact role, that offers a unique opportunity to bring the company to the next level, whilst developing new strategies, approaches and ideas.
  • Leadership: The founders & CEO foster a culture of transparency, respect, high performance, pragmatism, execution and personal development.
  • Purpose: It is rare to find a professional opportunity that offers accelerated professional development and a life purpose. Pula is going through a second phase of accelerated growth that will naturally provide professional development, whilst contributing to the financial stability of small farmers in the emerging markets.
  • Remuneration: Competitive base salary accordingly with seniority and experience, commission on closed sales and an employee share option plan that offers an attractive equity upside.

To learn more about Pula you can visit

  • TED Talk: Crop Insurance, an Idea Worth Seeding
  • New York Times: He Grew up on a Farm. Now, He Helps Protect Them
  • The Economist: The Poor, Who Most Need Insurance, Are Least Likely to Have It

How to apply

Fill out the form below, and upload a resume in English.

Cover letters are optional. You can add one if there is any additional information you would like to share about your interest in Pula, the role or your experience. We review applications on a rolling basis.

Pula’s mission is to provide farmer resilience. To achieve this, we put our small holder farmers that use our services and the employees that provide them at the heart of everything we do. For that purpose, Pula was created to be an equal opportunity employer that celebrates diversity and is committed to creating an inclusive environment for all employees.