Risk & Compliance Specialist

racwa; Perth; On-site; AUD 90,000 - 130,000; Full time

Benefits offered by this job

Free Roadside Assistance

Discounts on RAC products and services

Job summary

RAC Insurance is seeking a Risk & Compliance Specialist in Western Australia to strengthen the risk and compliance framework. You will assess incidents, identify breaches and monitor risk indicators to drive improvements in incident management and risk mitigation.

This role sits within the Product & Sales team and partners with stakeholders across the organisation. The successful candidate will bring risk management experience, strong analytical skills, and knowledge of insurance/regulatory

Qualifications

• Experience in risk management or compliance within a regulated environment.
• Strong analytical skills for root cause analysis and data accuracy.
• Knowledge of insurance or financial services regulatory requirements.
• Excellent problem solving and attention to detail.

Responsibilities

• Conduct incident triage to assess compliance and operational impacts.
• Coordinate and document incident investigations in the risk system.
• Identify systemic issues and implement improvement measures.
• Conduct control testing and monitor key risk indicators.
• Educate stakeholders on risk responsibilities and promote a risk culture.
• Support the Business Risk & Compliance team on initiatives.

Skills

Risk management

Compliance governance

Regulatory awareness

Data accuracy

Incident triage

Control testing

Stakeholder communication

Risk indicators monitoring

Tools

Risk management system

Job description

With over 1.3 million members RAC is WA's most iconic and trusted organisation. 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.\"

Join RAC Insurance as a Risk & Compliance Specialist, where you'll play a key role in safeguarding our members by ensuring effective risk management. This is an additional role created within our Product & Sales team.

About the Role

As a Risk & Compliance Specialist, you will provide expert guidance to strengthen RAC Insurance's risk and compliance framework. Your work will involve assessing reported incidents, identifying potential breaches, conducting control tests, and monitoring key risk indicators. With a commitment to our members, you'll recommend improvements that enhance incident management and risk mitigation processes.

Key Responsibilities

• Conduct incident triage to assess compliance and operational impacts.
• Coordinate and document incident investigations, capturing key data in the risk management system.
• Identify systemic issues and implement improvement measures.
• Conduct control testing, monitor key risk indicators, and recommend control enhancements.
• Educate stakeholders on risk responsibilities and promote a strong risk culture.
• Support the Business Risk & Compliance team on various initiatives as required.

What we are looking for:

• Previous experience in risk management, compliance, governance, or a regulated environment.
• Strong analytical skills for root cause analysis and data accuracy.
• Knowledge of regulatory requirements in the insurance or financial services industry.
• Excellent problem-solving abilities with an eye for detail.
• Ability to communicate effectively with stakeholders and manage competing deadlines.
• Familiarity with APRA standards, the General Insurance Code of Practice, and ASIC guidelines (e.g., RG78) is highly advantageous.

What we can offer you:

• A workplace culture where our people feel valued, respected and empowered
• Work in flexible ways that meet work/life commitments and support wellbeing
• Be part of a purpose led organisation that gives back to the WA community
• An environment that values ongoing career development
• Free Roadside Assistance and discounts on RAC products and services including Insurance, Holiday Parks and Resorts, Security, Finance and Auto Services
• Opportunities for community engagement and corporate volunteering

Applications close Monday 5th October 2026.