Senior Risk Officer

Nearheal; Sydney; Hybrid; AUD 140,000 - 190,000; Full time

Benefits offered by this job

Hybrid working arrangements

Employee Assistance Program

Professional development

Wellbeing programs

Engagement initiatives

Job summary

Hannover Re Australia seeks a Senior Risk Officer to partner with business leaders, strengthen risk governance, and lead CPS 230 compliance initiatives. You will collaborate with Home Office Group Risk Management on regulatory matters and provide trusted risk guidance to senior stakeholders.

Five years in risk/compliance within financial services, APRA knowledge, and strong analytical skills are required. A tertiary qualification in Finance, Business, or Law is expected.

Qualifications

• Minimum of five years’ experience in risk, compliance, audit or insurance within a regulated financial services environment.
• Strong understanding of APRA prudential standards and regulatory reporting.
• Experience in risk assessments, controls testing and risk reporting.
• Excellent analytical, problem-solving and reporting skills.
• Excellent stakeholder management and communication at all levels.

Responsibilities

• Partner with business leaders to provide trusted risk, compliance and governance advice.
• Lead CPS 230 compliance initiatives and coordinate with Group Risk Management.
• Develop and deliver risk assurance and controls testing programs.
• Prepare and present risk insights and recommendations to senior management and the Board.
• Strengthen risk management, compliance and operational resilience frameworks.
• Promote risk awareness and coordinate regulatory engagements and information requests.

Skills

Stakeholder management

Communication

Analytical skills

Problem solving

Regulatory reporting

Education

Bachelor's degree in Finance/Business/Law or related field

Job description

In Australia and New Zealand, Hannover Re is a major player in the Life & Health reinsurance market. Locally, we combine the agility of a small, nimble team with the financial strength and global reach of one of the world’s largest reinsurers.

We currently have an exciting opportunity for a Senior Risk Officer to join our Life & Health Subsidiary in Sydney.

About the role:

Reporting directly to the Chief Risk & Compliance Officer, this permanent role is part of our Risk & Compliance team. As a Senior Risk Officer, you will be responsible for partnering with business leaders to provide trusted risk, compliance and governance advice, support informed decision-making, and strengthen the company’s risk management, compliance and operational resilience frameworks. You will also lead key risk initiatives, including CPS 230 compliance, and collaborate with Home Office Group Risk Management on broader risk and regulatory matters.

You can look forward to

• Acting as a trusted adviser providing practical risk, compliance and governance advice
• Partnering with senior stakeholders to provide challenge and oversight, identify, assess and manage risks across strategic initiatives, business decisions, emerging risks, regulatory matters and strategic initiatives
• Supporting the continuous improvement of the company’s risk management, compliance and operational resilience frameworks including activities that support CPS 230 compliance and strengthen operational resilience
• Partnering with First Line teams to provide second line support on distribution partner governance, administration partner governance, outsourcing and third-party risk management
• Developing and delivering risk assurance and controls testing programs, including assessing control effectiveness and identifying opportunities for improvement
• Preparing and presenting risk reporting, insights and recommendations to senior management, governance committees and the Board
• Supporting a strong risk culture including delivery of company-wide risk awareness training and promoting ownership of risk across the business, coordinating initiatives with Hannover Office functions and leading and coordinating input into regulatory engagements, reviews and information requests

You come equipped with

• A minimum of five years’ experience in risk, compliance, audit or insurance within a regulated financial services environment
• A strong understanding of APRA prudential standards, risk management frameworks and regulatory reporting
• Demonstrated experience in risk assessments, controls testing and risk reporting
• Strong analytical, problem-solving and reporting skills
• Excellent stakeholder management, communication and influencing skills, with the ability to engage effectively at all levels of an organisation
• A tertiary qualification in Finance, Business, Law or a related discipline

You will stand out if you are:

• Technology-loving – you embrace risk management systems, automation and data-driven insights to support effective decision-making
• Naturally curious – you ask thoughtful questions, explore emerging risks and look beyond the immediate issue
• Process-oriented – you take a structured approach to risk management, controls testing, governance and regulatory requirements, while seeking practical ways to strengthen risk frameworks, controls and operational resilience.
• Trusted and grounded – you build credibility by providing practical, consistent and objective risk advice, considering different perspectives and supporting informed decision-making with discretion and integrity.
• Mature and balanced – able to exercise sound judgement and handle sensitive matters
• People-centric – approachable, empathetic, and able to build strong relationships across all levels
• Self-driven – you manage competing priorities, meet deadlines and work effectively with minimal supervision
• Attention to detail orientated – you identify emerging issues, analyse complex information and produce accurate, high-quality risk reporting

Applicants must have unrestricted permanent rights to work in Australia (Australian citizenship or permanent residency only).

What do we offer you:

Are our values, Responsibility, Drive and We Spirit aligned with yours?

You’ll join an international organisation with short decision paths, an open feedback culture, and a strong sense of community built on respect, collaboration and mutual support.

We value our people and their contribution to our shared success. Our benefits include structured onboarding, hybrid working arrangements, an Employee Assistance Program (EAP) and modern offerings focused on professional development, wellbeing and engagement.

You’ll bring your specialist expertise and in return we offer continuous learning, exposure to global perspectives, and the opportunity to contribute ideas, innovate and shape your career.

Only together can we achieve our objectives.

To learn more about Hannover Re Australia, visit our careers site:https://www.hannover-re.com/de/local-offices/australia/career/

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