AddressWhat you do:
The Risk & Compliance Officer for the Health LOB reports to the Head of Product and Underwriting - Health and will directly support individuals in the Product Lead and the Risk & Compliance Lead positions within the Health line of business.
The team member will focus their attention on the Health LOB which includes student and visitor health products for overseas travel to Australia.
Your key responsibilities include:
Support the Product Lead with Product governance framework and effective management thereof (at least co-owned as dependent on PM&I's role under TOM), including compliance with Global simplicity frameworks
Support the Product Lead with Policy wording (writing and maintaining), and any change process thereof
Support the Product lead with applicable legislation and regulations that impact product design
Product related content management (creation or review as is necessary) directed by the Product Lead.
Support in maintaining product risk and performance metrics and associated reporting
Actively assist in identifying any incidents occurring within the business function and determine if they are Risk related; Legal or Compliance issues; or any other matter.
Work collaboratively with your team within the business function; and 2nd Line Risk and Compliance teams as directed by the Risk Lead to immediately determine steps to be undertaken to identify and mitigate incidents; inclusive of:
Commencing initial incident investigation;
Implementing immediate incident fixes to reduce both customer and business impact;
Determining root cause of the incident and liaising with other business function areas to identify reasons for; and frequency of occurrences;
Assist with any Risk or Compliance control strengthening requirements to prevent reoccurrence;
Provide support on corrective business actions or risk mitigation strategies; and
Provide technical knowledge on operational processes, procedures and business initiatives.
Report upon all Risk and Compliance issues relating to your business function to your reporting manager, mentors; and 2nd Line Risk and Compliance functions. Articulating upon how effective the existing processes/controls are in managing operational or compliance risks for your business function.
As the successful candidate for the Risk & Compliance Officer position you'll be able to show:
- Some experience in a Risk related role within Insurance and/or Financial services
- Graduate level or Corporate Risk based qualification would be advantageous
- Aptitude for analysis, investigations and problem solving
- Good Oral and written communication skills,
- Strong stakeholder management and team player
- Accuracy and attention to detail
- Experiences in Office Applications such as Excel, PowerPoint, etc
"Diversity and inclusion are strongly supported at Allianz Partners. People of all nationalities, gender identities and cultural backgrounds, including Aboriginal and Torres Strait Islander Peoples are strongly encouraged to apply."
43918 | Risk Management | Entry Level | Non-Executive | Allianz Partners | Full-Time | Permanent
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