Senior Risk Officer

Hannover Re; Sydney; Hybrid; AUD 180,000 - 240,000; Full time

Benefits offered by this job

Hybrid working arrangements

Structured onboarding

Employee Assistance Program (EAP)

Professional development opportunities

Wellbeing and engagement programs

Job summary

Hannover Re Australia seeks a Senior Risk Officer to partner with business leaders, delivering trusted risk, compliance and governance advice and strengthening risk management, compliance and operational resilience frameworks.

You will lead risk initiatives including CPS 230 compliance and collaborate with Home Office Group Risk Management on broader risk and regulatory matters.

Qualifications

• Five+ years experience in risk, compliance, audit or insurance within a regulated financial services environment
• Strong understanding of APRA prudential standards, risk management frameworks and regulatory reporting
• Experience in risk assessments, controls testing and risk reporting
• Excellent stakeholder management and communication skills
• Ability to engage effectively at all levels of an organisation
• Tertiary qualification in Finance, Business, Law or related discipline

Responsibilities

• Acting as a trusted adviser providing practical risk, compliance and governance advice
• Partnering with senior stakeholders to identify, assess and manage risks across strategic initiatives, business decisions, emerging risks and regulatory matters
• Supporting continuous improvement of risk management, compliance and operational resilience frameworks including CPS 230 compliance
• Providing second line support to First Line teams on governance, outsourcing and third-party risk management
• Developing and delivering risk assurance and controls testing programs
• Preparing and presenting risk reporting and insights to senior management, governance committees and the Board
• Promoting a strong risk culture and coordinating regulatory input and information requests

Skills

Stakeholder management

Communication

Influencing skills

Analytical skills

Problem-solving

Reporting skills

Attention to detail

Self-driven

Education

Tertiary qualification in Finance, Business, Law

Tools

Risk management systems

Automation tools

Data analytics tools

Job description

Hannover Re employs more than 4,000 people across locations worldwide. Our strength? Connecting Power: We rely on each other to achieve more.

Our purpose? Beyond risk sharing - we team up to create opportunity. Delivering innovative, customised solutions in an environment where yesterday's answers may not meet tomorrow's challenges. This mindset has made us one of the world's leading and most profitable reinsurance groups and a trusted, reliable employer.

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 aSenior Risk Officerto 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/

We don't just offer a job and a title. If you're looking for an organisation that genuinely values its people and isSomewhat Different, we would love to hear from you.