Compliance & Assurance Lead
West Perth - Wellington Street, Australia
RAC WA
RAC WA offers insurance, roadside assistance, car servicing and repairs, tyres, batteries, loans, home security, travel and member deals for West Australians. Non-members welcome!With over 1.3 million members, RAC is one of WA’s most iconic and trusted brands. We are a purpose-led member organisation striving to create greater value for our members and deliver on our purpose to be “The driving force for a better WA.”
We are seeking an experienced compliance professional to deliver effective Compliance and Controls Assurance programs for the Claims business unit within our RAC Insurance business.
You’ll collaborate with Claims leaders and team members, Insurance Risk & Compliance as well as other key business units to contribute to achieving an aligned and effective risk culture.
What you’ll be doing?
Driving risk culture initiatives within Claims in collaboration with the Insurance Risk and Compliance team
Supporting the Claims Management Team with implementing findings of risk reviews, including Quarterly Risk Review (QRR), Assurance Reviews and Audits
Providing coaching to Claims leaders and delivering training content to upskill team members in meeting regulatory and compliance requirements
Undertaking operational effectiveness testing of Claims controls
Addressing identified control gaps and weaknesses via Issues Management, control design and implementation
Conducting QA over incident responses performed by Claims
Drafting and review of compliance policies and procedures, process guides
Liaise with Regulatory bodies for ad hoc requests
About you:
Compliance experience with operational aspects of financial services required and insurance industry experience highly valued
Knowledge of risk management frameworks and controls assurance, control design and implementation
Sound knowledge of regulatory obligations applicable to general insurers in Australia
Ability to take initiative and generate ideas resulting in continuous improvement
Ability to collaborate, communicate and influence with a variety of stakeholders, internally and externally
Tertiary qualifications in Business, Law or a related field desirable
ASIC Tier 2 PS-146 qualified desirable, other industry body accreditations desirable
What’s in it for you?
A workplace culture where our people feel valued, respected and empowered
Work in flexible ways that meet work/life commitments and support wellbeing
Be part of a purpose led organisation that gives back to the WA community
An environment that values ongoing career development
Free Roadside Assistance and discounts on RAC products and services including Insurance, Holiday Parks and Resorts, Security, Finance and Auto Services
Opportunities for community engagement and corporate volunteering
Apply online now by sending us your cover letter and CV showcasing what you can bring to the team.
Applications close COB Friday 2nd May 2025
We encourage you to apply as soon as possible, as RAC reserves the right to close this vacancy without notice.
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* Salary range is an estimate based on our InfoSec / Cybersecurity Salary Index 💰
Tags: Audits Compliance Finance Incident response Risk management
Perks/benefits: Career development
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