Principal Compliance Advisor

6 months ago


Eight Mile Plains, Australia RACQ Full time

**Principal Compliance Advisor**(**Job Number**:240000U3**)**

**Description**

**About us**

Join our dynamic team at RACQ Insurance as a Principal Compliance Advisor. This role offers an exciting opportunity to make a significant impact by coordinating insurance responses to regulatory requests and supporting risk-based decision making.

The Insurance Risk and Resilience team collaborates closely with the insurance business to achieve enhanced outcomes through robust risk management practices. We provide expert advice, support, and insights across all aspects of risk, compliance, and incident management. Our team of Principal Risk and Compliance Advisors are dedicated to elevating our risk maturity and ensuring adherence to internal and regulatory requirements.

**About the role**

This role is responsible for leading the coordination of responses to regulatory requests by liaising with senior leaders across insurance to ensure timely and high-quality completion. The role also involves:

- Monitoring, oversight and reporting of upcoming regulatory requests and changes affecting insurance, including assessment of impacts and implementation of actions.
- Development and maintenance of a due diligence library for consistent and evidence-based responses to regulatory and/or external requests.
- Conducting compliance assessments and providing compliance advice, education and recommendations to insurance staff.
- Assistance in embedding and uplift of incident management processes with a focus on compliance-related requirements.
- Working with obligation owners to ensure maintenance of operational compliance plans and supporting the insurance business to understand their obligations.

**About you**
- In-depth knowledge of insurance processes, particularly in claims and/or product distribution.
- Proven track record in managing relationships with senior stakeholders.
- Ability to work independently and coordinate effectively.
- Excellent written communication skills for preparing regulatory responses and reports.

Desirable Skills:

- Familiarity with insurance compliance obligations.
- Experience in risk, compliance, audit, or governance roles within the insurance sector.

**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 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.

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 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**:
Our employee benefits are designed to enrich your work life, your home and the community you live in, some of these include:

- 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 and EKKA.
- 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 yoga, mindfulness and free and confidential Employee Assistance Program (EAP).
- Invest in your development with in-house development programs and access to 80,000+ online courses.

**RACQ is a ‘Circle Back Initiative’ employer - we commit to respond to every applicant.**

**#LI-HYBRID**

**Work Locations**

Edward Street/Eight Mile Plains



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