Insurance Supervision

Insurance Controller

Being an insurance controller at ACAPS means leveraging financial and regulatory expertise to ensure compliance and transparency in the insurance sector while safeguarding the rights of policyholders. It also means evolving in a dynamic and demanding environment, where each mission directly impacts the stability and trust in insurance and social welfare in Morocco.

What does insurance control at ACAPS involve ? 

The insurance controller role at the Supervisory Authority of Insurance and Social Welfare (ACAPS) is essential for maintaining the stability and transparency of the insurance and social welfare sector in Morocco. By ensuring that regulated entities comply with legal and regulatory requirements, controllers actively contribute to protecting the rights of policyholders and affiliates.

Main responsibilities :

• Regulatory compliance verification of insurance and reinsurance companies.

• In-depth analysis of financial and statistical data submitted by these entities.

• Identifying and justifying anomalies detected in the data.

• Drafting detailed reports based on findings.

• Supporting on-site control missions to conduct further investigations.

The role also adapts to the specific needs of different ACAPS departments :

• Insurance Control: Financial analysis, monitoring of struggling entities, actuarial assessments.
• Policyholder Protection: Monitoring commercial practices, ensuring compliance with contractual terms, and analyzing consumer information materials.