Senior Manager Risk and Compliance

Allianz Australia; Sydney; Hybrid; AUD 180,000 - 240,000; Full time

Benefits offered by this job

Inclusive Culture

Work-life balance (hybrid)

Career Development

Financial & Well-being Perks

Employee Share Purchase Program

Discounts on Allianz products

Job summary

Allianz Australia in Sydney is seeking a Senior Manager, Risk and Compliance to lead risk and compliance across a digital claims environment, partnering with business leaders to embed governance and controls.

You will guide regulatory obligations, emerging risks, and transformation, steer Line 1 risk practices, and coach teams to sustain a strong risk culture. This hybrid role offers a chance to shape risk strategy within a global insurance leader.

Qualifications

• 6–10 years' experience in Operational Risk, Risk & Compliance, or Governance within regulated environments.
• Strong understanding of risk frameworks and controls.
• Experience partnering with business and IT to embed risk management and governance.
• Excellent stakeholder engagement and communication.

Responsibilities

• Lead the design and enhancement of risk and compliance activities, including governance, controls and emerging areas such as automated claims and straight-through processing environments.
• Provide practical risk and compliance advice on business change helping identify and manage risks early.
• Partner with the business to embed strong Line 1 risk management and governance into day-to-day decision-making.
• Bring strong controls expertise to help assess and enhance the control environment, identify gaps and support improvements.
• Monitor incidents, issues, key risk indicators and emerging risks, providing actionable insights to business leaders.
• Support the business to understand and meet regulatory obligations as processes, technology and customer interactions evolve.
• Promote a strong risk and controls culture through stakeholder engagement, coaching, and practical risk advice.
• Collaborate with business and technology teams to navigate transformation and digitisation while maintaining risk controls.

Skills

Operational Risk

Risk & Compliance

Controls

Governance

Line 1 risk management

Regulatory obligations

Stakeholder engagement

Coaching and leadership

Transformation & digitisation

Job description

SENIOR MANAGER, RISK AND COMPLIANCE | CUSTOMER & OPERATIONS | SYDNEY

At Allianz, we’re proud to be named one of the Best Workplaces in Australia 2026 and a Great Place to Work. As a leading global insurance and asset management brand, we prioritise care for our customers, the planet, and each other. We hire the very best people to further our commitment to caring and securing the future for our customers.

We offer an inclusive workplace where everyone feels like they belong, while promoting a culture of lifelong learning, development, and global mobility. Join us and share your ideas, be inspired, give back to the community and feel proud to be a part of an organisation doing meaningful work that matters while supporting sustainability, mental health, and well-being.

Let’s care for tomorrow, so we can create a better future together, for everyone.

As the Senior Manager, Risk & Compliance, you’ll play a key role in

effective risk and compliance management across a changing and increasingly digital claims environment. Partnering with business leaders, you’ll provide trusted risk and compliance advice, strengthen governance and controls, and help the business navigate regulatory obligations, emerging risks and transformation.

• Lead the design and enhancement of risk and compliance activities, including, governance, controls and emerging areas such as automated claims and straight-through processing environments.
• Provide practical risk and compliance advice on business change helping in identify and manage risks early.
• Partner with the business to embed strong Line 1 risk management practices and governance practices into day-today decision-making
• Bring strong controls expertise to help assess and enhance the control environment, identify gaps and support proportionate and sustainable improvements.
• Monitor incidents, issues, key risk indicators and emerging risks, providing actionable insights to business leaders.
• Support the business to understand and meet its regulatory and compliance obligations, particularly as processes, technology and customer interactions evolve.
• Promote a strong risk and controls culture through stakeholder engagement, coaching, and practical risk advice.

About You

• Ideally 6-10 years' experience in Operational Risk, Risk & Compliance, Controls, or Governance within insurance or financial services or another highly regulated environment.
• Strong understanding of risk and compliance frameworks and controls, with the ability to assess risk, identify gaps and support practical and sustainable improvements.
• Experience providing risk and compliance advice across business change, transformation, digitisation or automation, with an ability to identify emerging risks as operating models evolve.
• Proven ability to partner with business and technology teams to embed effective Line 1 risk management, compliance and governance into business decisions.
• Strong understanding of regulatory obligations, issue and incident management, remediation and control practices, with the ability to translate requirements into practical business outcomes.
• Strong judgement and constructive challenge, with the confidence to identify when risks require escalation while remaining solutions-focused.
• Excellent stakeholder engagement and influencing skills, with the ability to build trusted relationships and communicate complex risk and compliance matters clearly.
• Demonstrated ability to lead, coach and build risk capability in others, contributing to a strong and accountable risk culture.

Benefits And Perks

• Inclusive Culture: Join a supportive, open-minded team focused on customer outcomes, bringing your authentic self to work every day!
• Work-life balance: Enjoy our flexible, hybrid work arrangements, and tailored workplace adjustments, where possible.
• Career Development: Access mentoring, development and global mobility opportunities for growth and success, including access to over 10,000 learning resources.
• Financial and Well-being Perks: Enjoy discounts on Allianz products, retail, tech, and travel, plus financial wellness initiatives and the Employee Share Purchase Program- own a piece of your employer!
• For more details about our benefits, visit the Allianz Careers site.

About Allianz Group

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matters, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Adjustments and support

If you require any support and adjustments to participate equitably in our recruitment process, we encourage you to reach out to [e-mail] for a confidential conversation.

Join us. Let’s care for tomorrow. www.allianz.com.au/careers

Important Notice

Allianz will never contact you from an email address that does not end with ‘@allianz.com.au’ or another official Allianz domain. If you receive an email from an address like ’[e-mail]’” or ’[e-mail]’, it is not from Allianz and may likely be a scam.

Examples of official Allianz email addresses [e-mail] | [e-mail] | [e-mail]