Legal & Compliance Manager

6 days ago

Sydney, Australia Great Lakes Insurance SE Full time

Legal & Compliance Manager

**Company**
Great Lakes Insurance SE
**Location**
Sydney, Australia

Reporting to the Branch Manager, this is a highly visible, stand-alone opportunity with Great Lakes Australia (GLA); a branch of Great Lakes Insurance SE incorporated in Germany.

Great Lakes Insurance SE (GLISE) is a wholly owned subsidiary of Munich Re.

**Your Job**:
Your role will ensure GLA’s direct general insurance operations satisfying all local regulatory and home office compliance obligations and primary ownership for all legal matters.

Compliance:

- Maintain an appropriate Compliance Framework covering GLA’s operations in Australasia
- Monitor applicable Australian legislation, regulations, draft bills and consultation papers and statutory developments or requirements which may have an impact on the GLA businesses
- Work with GLISE HO, business partners and local colleagues to identify all compliance obligations or changes to existing obligations. Includes assisting with the determination and implementation of monitoring tools and action plans
- Educate stakeholders and promote stronger compliance and anti-fraud culture across the Australasian operations

Legal:

- Review, prepare and advise management on contracts and agreements to ensure GLA’s interests are protected and commercial outcomes achieved. This includes maintaining control and a library of all original contracts and agreements for GLA
- Monitor, research and report on all applicable Australian legislation, regulations and other statutory requirements
- Provide legal advice to management on the conduct of GLA’s direct and MGA insurance operations and structures in Australia
- Co-ordinate and provide ad hoc advice in respect of claims and customer/ insured complaints or disputes

**Your Profile**
- Bachelor of Law and admission to practise in Australia
- 7+ years experience as a Corporate Lawyer within the General Insurance or financial services industries
- Experience in compliance obligations within the financial services industry

**Our Benefits**
- We have many attractive benefits to offer you, including 16% superannuation
- Enjoy increased annual leave entitlements
- Work flexibly from home and our fantastic office in the CBD

At Munich Re, we embrace and value the interaction of diverse backgrounds, experiences, perspectives and thought. This interaction is our foundation. Of our open culture and spirit of partnership. Of how our teams are built and cultivated. Of how we are supported and developed. And at the centre of this interaction is each of us.

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