Supplier Assurance specialist

1 month ago


West Perth, Australia RAC WA Full time

With over 1.2 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.”

Reporting to the Governance & Assurance Delivery Manager this role provides an assurance and validation service to ensure RAC Insurance complies with regulatory requirements, policies, standards and meets business expectations, enhancing our business and evolving our member experience for the better.

What’s the role?

Monitor the management of key commercial and materially outsourced contracts to ensure RAC Insurance suppliers comply with agreed service level agreements (SLAs), metrics and regulatory requirements e.g. APRA CPS231, CPS234 and CPS230Contribute to the periodic commercial reviews and analysis of in-house and 3rd party material outsourced contracts and SLA’s to identify improvementsConduct risk assessments with key stakeholders on material outsourced contracts and ensure appropriate controls are in place to mitigate risksUndertake control assurance testing and ensure issues are raised where a control gap/weakness is identifiedCo-ordinate and drive timely responses to address audit actions and issues raisedConsult with key stakeholders around service related Incidents and identify and work to remediate recurring issuesReview Insurance information systems and work practices to ensure alignment with RAC policies and industry standard requirementsIdentify training needs and ensure compliance is upheld in relation to company and legislative standardsNegotiate and establish stakeholder SLA standards with RAC contract specialists between service providers and end users

About you

Demonstrated experience in contract management life cycle e.g. facilitation and service agreement, contractual performance assessment and service provision assurance managementRisk management and/or controls assurance background desirableAn understanding and knowledge of APRA standards (CPS231, CPS234 and CPS230) desirable.Experience managing and negotiating with internal and external service providersDemonstrated ability to build and maintain effective relationships with internal and external stakeholdersHighly developed communication and collaboration skillsIT Governance experience desirableExposure to meeting regulatory and compliance obligationsInsurance or other Financial Services industry experienceTertiary qualifications in Business, IT, or related discipline

What can we offer you?

A workplace culture where our people feel valued, respected and empoweredWork in flexible ways that meet work/life commitments and support wellbeingBe part of a purpose led organisation that gives back to the WA communityAn environment that values ongoing career developmentFree Roadside Assistance and discounts on RAC products and services including Holiday Parks and Resorts, Security, Finance, Auto Services and InsuranceOpportunities for community engagement and corporate volunteering

This is an exciting opportunity to support the RAC Insurance business to ensure their material outsourced arrangements are meeting business and regulatory requirements.. Apply online – send us your cover letter and CV showcasing what you can bring to the team.

#BetterJourneysRAC

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