Insurance Compliance Lead

Job Description

Job Description - Insurance Compliance Lead (2500003S) Job Number: 2500003S About the role At RACQ, we’re good people doing good things, making a positive impact every day, with opportunities to learn, grow, and be more. We are seeking a motivated individual to support the Manager of Insurance Compliance and the broader Compliance department in delivering a robust second line of accountability (2LOA) compliance function. This role will play a key part in ensuring RACQ meets its legal and regulatory obligations while aligning with strategic goals and the agreed risk appetite. Incorporate regulatory obligations, member insights and data to ensure appropriate controls are put in place to optimise all and any inadvertent impact to member experience. Develop and maintain positive, collaborative and effective professional relationships with key stakeholders across the Insurance business and the RACQ Group more broadly. Collaborate with other GRAC functions (e.g. Privacy Compliance, Regulatory Compliance, Financial Crime Compliance and Risk etc) to ensure consistency of applicable processes, ongoing information sharing and other relevant activities. Role model and influence a mature compliance risk culture within Insurance, leading by example and embedding appropriate independent and critical thinking in relation to compliance. Manage, draft and provide accurate and timely advice on assigned compliance obligations including General Insurance Code of Practice, AFSL Responsible Manager requirements, and regulatory compliance reporting. About you Legal, compliance, risk or insurance experience relevant to regulated financial services entities and corporate groups, with sound knowledge of compliance policies and processes. Demonstrated capacity to interpret and apply regulatory compliance requirements in the business, staying informed of changing regulations. Excellent written and oral communication skills, with experience in writing professional reports and conducting assurance activities within the financial services industry. Ability to adapt and comprehend rapid digitisation and technology change in financial services, with excellent problem-solving skills and sound professional judgment. Excellent organisational, time management, and prioritisation skills, with the ability to influence and collaborate with multiple stakeholders in an agile and complex environment. Why join RACQ? It is an exciting time to be part of RACQ as we continue our transformation towards better, smarter solutions that deliver more security and prosperity for Queenslanders. We are big enough to make a real difference in our community, yet small enough to nurture your professional and personal development. By joining RACQ, you’ll be part of new sustainability initiatives, including a commitment to being a carbon neutral organisation by 2030. We’ve invested in and partnered with sustainable companies, including the introduction of home solar and batteries, Green Home and Car Loans, and many other products and initiatives. We’ll continue to advocate for, research, and offer green solutions. RACQ is committed to ensuring that every employee has access to flexibility in their role. We encourage all candidates to discuss what flexibility means to you, and how we can help you find your balance. At RACQ we are passionate about building a diverse and inclusive workplace to create better outcomes for our employees and our members. We aim for our teams to be a true reflection of our communities and are committed to inclusion particularly for people of Aboriginal and Torres Strait Islander heritage, and those who may experience diversity or disability related barriers in securing employment. Applicants from these and other diverse backgrounds are encouraged to apply. If you have any support or access requirement, please advise us at the time of applying. What we offer you: Financial benefits and discounts on a range of banking, assistance and insurance products. Give back to our communities with paid volunteer leave, payroll giving and volunteering for community events such as MotorFest. A range of flexible working and leave options, parental leave of 13 weeks primary carer leave, purchased leave up to 4 weeks per year, cultural observance leave, substitution of public holidays for cultural/religious reasons, personal leave for wellbeing, gender affirmation leave. Prioritise your wellbeing with discounts on health programs and access to wellbeing initiatives such as annual flu vaccinations, corporate health insurance offer and free and confidential Employee Assistance Program (EAP). Invest in your development with in-house development programs and access to an extensive digital learning platform. Please Note: to objectively and comprehensively assess your potential and suitability for the role, RACQ may require you to complete video interviews, psychometric assessments and/or criminal history check as part of the application process. If you require any adjustments during the application process, please advise the RACQ Careers team. RACQ is a ‘Circle Back Initiative’ employer – we commit to respond to every applicant. #J-18808-Ljbffr