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Job Details

Location
Sydney
Salary
$170-190 base + super + bonus
Job Type
Permanent
Ref
BH-165457
Contact
Mark Montgomery
Posted
11 days ago
I am seeking a legally qualified compliance professional with a background in Insurance to lead a small team responsible for providing compliance advice to the distributor and partner network that sells my clients products.

The business has been enjoying a period of sustained growth (they are Australia's fastest growing personal lines business) so they are expanding the compliance team that are responsible for onboarding and looking after distributor and partner compliance needs and obligations around the varying products they offer as well as the marketing around them.

The key aspect of this role is communication and knowledge of Insurance law. You will be building relationships with EM/EGM level stakeholders and be responsibly for providing quick, accurate and commercial compliance advice regarding the insurance products they sell for the business.

Role Responsibilities
  • Leading a team of compliance professionals in providing high quality compliance support to the business as well as overseeing their growth and career development;
  • Reviewing and advising on new and changes to existing insurance products;
  • Providing compliance advice and/or assessment on incident and issue management, including advising on potential breaches and remediation activities;
  • Providing compliance advice and sign-off on marketing material and marketing campaigns;
  • Supporting the implementation of regulatory change from a compliance perspective within the business and partner/supplier network;
  • Assisting with the compliance framework build including enhancing partner/supplier supervisory frameworks, to include working closely with the business on effective monitoring and testing activities;
  • Contributing to the evolution and embedment of the compliance obligations register and compliance plans;
  • Conducting compliance reviews and advising on process and control improvements;
  • Assisting with the design and delivery of compliance training across the team, internal stakeholders and external partners and suppliers;
  • Contributing to the suite of compliance reporting to management, committees, the Board, and our partners; and
  • Supporting the business and our partners with a number of strategic projects.
Role Requirements
  • Excellent Knowledge of Financial Services Law including Insurance Contracts Act and General Insurance Code of Practice
  • Strong Knowledge of media, marketing and intermediary practices
  • 6 + years legal/compliance experience within Insurance Industry
  • Excellent Stakeholder management, negotiation skills and commercial acumen
  • Experience managing small teams would be beneficial
  • Experience working with distributors selling personal lines insurance would be beneficial

For further information on this role or to confidentially apply, please contact Mark Montgomery on 02 8227 9200 or apply directly via the Apply for this job button. Only WORD FORMAT resumes will be accepted.