Compliance Manager

Cox Purtell Staffing Services; Sydney; On-site; AUD 150,000 - 190,000; Full time

Benefits offered by this job

Flexible working

Education assistance

Health and wellbeing support

Discounted share purchase scheme

Job summary

Cox Purtell Staffing Services is seeking a Compliance Manager to lead our ANZ compliance function for a major global insurer. You will report to the Head of Compliance and act as the senior legal and technical lead, guiding a team of analysts and a team lead in interpreting legislation and the insurance codes.

You will assess breaches, provide pragmatic guidance to claims, underwriting and business teams, and help shape the function as it becomes more strategic within the organisation.

Qualifications

• Tertiary qualifications in law; other business or financial services qualifications are desirable.
• Legal experience in private practice or in-house, with exposure to general insurance or claims.
• Strong knowledge of the Corporations Act 2001 (Cth) and breach reporting obligations.
• Experience reviewing drafts and contracts and providing legal or regulatory advice.
• Understanding of how claims and underwriting teams operate within a general insurer.
• Experience in compliance incident management and familiarity with compliance registers.
• Australian experience; knowledge of New Zealand requirements, including the Fair Insurance Code, is an advantage.

Responsibilities

• Manage compliance incidents and breaches from identification through investigation, rectification, remediation and reporting.
• Assess incidents against the Corporations Act 2001 (Cth), the General Insurance Code of Conduct and other relevant obligations to determine what constitutes a reportable breach.
• Coordinate breach reporting to regulators, including preparing notifications and following up remedial actions.
• Provide compliance advice to claims, underwriting and other business teams on day-to-day matters and new initiatives.
• Prepare compliance reporting for management committees and the Board, and support risk assessments, control reviews, the sanctions program and regulatory change.

Skills

Legal experience

Regulatory interpretation

Breach reporting

Compliance incident management

Cross-functional collaboration

Education

Law degree

Business / Commerce / Economics qualification desirable

Tools

Compliance systems

Job description

• Legal-focused compliance role with a global general insurer, covering Australia and New Zealand
• Step up as the senior technical lead, working directly with the Head of Compliance
• Attractive salary package + bonus + benefits

About the client

Our client is a leading global general insurer with a strong presence in Australia and New Zealand. They are known for underwriting discipline, financial strength and paying claims fairly and promptly. The business offers an inclusive, flexible workplace where continuous development is encouraged, both locally and globally. Benefits include flexible working, education assistance, health and wellbeing support and access to a discounted share purchase scheme.

About the role

This Compliance Manager role sits within the ANZ compliance function and reports to the Head of Compliance. The team includes capable analysts and a team lead, and this role will provide the senior legal and technical expertise that bridges the gap between them and the Head of Compliance. You will be the person the team relies on to interpret legislation and the insurance codes, assess whether an incident amounts to a breach, and give clear, practical guidance to the business. It suits a legally trained professional looking for a meaningful in-house role with genuine balance and scope to grow as the function becomes more strategic.

Duties

• Manage compliance incidents and breaches from identification through investigation, rectification, remediation and reporting.
• Assess incidents against the Corporations Act 2001 (Cth), the General Insurance Code of Conduct and other relevant obligations to determine what constitutes a reportable breach.
• Coordinate breach reporting to regulators, including preparing notifications and following up remedial actions.
• Provide compliance advice to claims, underwriting and other business teams on day-to-day matters and new initiatives.
• Prepare compliance reporting for management committees and the Board, and support risk assessments, control reviews, the sanctions program and regulatory change.

Requirements

• Tertiary qualifications in law; further qualifications in business, commerce, economics or financial services are desirable.
• Legal experience gained in private practice or in-house, with exposure to general insurance or claims matters.
• Strong working knowledge of the Corporations Act 2001 (Cth) and breach reporting obligations, with the ability to interpret legislation and regulatory requirements.
• Experience reviewing drafts and contracts and providing legal or regulatory advice.
• An understanding of how claims and underwriting teams operate within a general insurer.
• Experience in compliance incident management and familiarity with compliance systems and registers is highly regarded.
• Australian experience is sufficient; knowledge of New Zealand requirements, including the Fair Insurance Code, is an advantage.