Compliance Specialist

Headquartered in Brisbane, Queensland, Envest is an insurance investment and distribution business with a diverse portfolio of brands and national footprint. Envest is a private, entrepreneurial business with a shared vision to empower independent broking and underwriting businesses to grow and deliver best-in-class insurance solutions.
As a Compliance Specialist, you'll work collaboratively to provide operational and administrative support to maintain regulatory standards and internal policies. You'll assist with routine compliance tasks, preparing documentation and contribute to a positive culture of integrity and accountability We're open to location but our preference would be someone based in Brisbane, Sydney or Melbourne to co-locate with our team, with some national travel required.
As a Compliance Specialist you will:
Assist with the monitoring and interpreting changes in applicable regulations, in particular the Corporations, Insurance Contracts and ASIC Acts, and assess their impact on the business.
Support the implementation and maintenance of compliance policies, procedures, and controls.
Assist with compliance reviews to ensure adherence to licensee's general obligations and internal policies.
Review client files and adviser communications to ensure adherence to regulatory obligations with regards to advice, disclosures, record keeping, acting fairly, honestly and efficiently, among other matters.
Prepare adviser file review reports and maintain accurate records of outcomes any remediation and required training and education.
Assess adherence to best interest duty, product suitability, and appropriate management of conflicts of interest.
Assist in the implementation of corrective actions and continuous improvement initiatives.
Maintain breaches, incident and complaints registers and monitor for patterns to identify root cause issues or opportunities for education and training uplift
Provide guidance and training to staff on compliance-related matters, including reviewing marketing material and advice practices.
Investigate and report on compliance breaches and support corrective actions.
Assist in the preparation and submission of regulatory filings and reports.
Support the development and delivery of the compliance monitoring plan.
Maintain up-to-date records and documentation in line with regulatory and audit requirements.
Collaborate across first and second line risk and compliance teams, operational teams and legal teams to support overall risk management and liaise with regulators and external auditors as needed.
Contribute to risk assessments and internal control reviews related to insurance broking activities.
What you'll bring to the role:
At least 3 years' experience within a general insurance brokerage business.
Tier 1 insurance broking accreditation (or similar)
Exceptional written and verbal communication skills
An understanding of compliance review processes, risk and compliance principles and frameworks.
Proven:
decision-making skills – ability to make effective competent and commercial decisions in a timely manner.
ethical mindset and commitment to regulatory integrity
analytical and critical thinking capabilities to interpret a range of data, identify patterns, trends and links that inform judgement and solutions.
ability to work independently, managing multiple priorities whilst recognizing, understanding and supporting the need for continual improvement.
Why Us?
We value our team and strive to provide a comprehensive range of benefits and opportunities to support your personal and professional growth. Here's what you can expect when you join us:
Competitive remuneration + opportunity for an annual incentive.
An environment that encourages professional growth based on skills and interests.
Paid volunteer leave, birthday leave + more benefits.
Flexible working arrangements, with scope for some work-from-home.
Employee Assistance Program for you and immediate family members.
If you're ready to embark on the next chapter of your career, we encourage you to click the Apply button or reach out to
Role Type
Company Overview
Envest is a private, entrepreneurial insurance investment and distribution business. We invest in and support innovative, best-in-class insurance and financial services businesses to achieve their growth objectives. We are constantly on the lookout for merger and acquisition opportunities, as well as seeking young entrepreneurs willing to back themselves and their business. We have a great track record of incubating start-ups, often by giving individuals the confidence to create their own business.
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