With over 1.3 million members RAC is one of WA’s most iconic and trusted brands. 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 as a Partner – Risk & Compliance Oversight, where you’ll champion effective risk management and ensure robust compliance across RAC Insurance. In this pivotal role, you will provide independent oversight, specialised advice, and strategic leadership to support senior management and enhance our risk-aware culture.
About the Role:
As a direct report to the Insurance Head of Risk & Compliance (APRA designated Chief Risk Officer), you will collaborate with senior leaders to monitor RAC Insurance’s risk profile, support decision-making with critical insights, and help to enable compliance across complex regulatory requirements.
Your role will include driving continuous improvement in risk practices, delivering strategic oversight, and leading Line 2 assurance reviews in areas like cyber, privacy, supplier risk, and more. You will also provide oversight of the implementation significant regulatory change programs including FAR and CPS230.
Key Responsibilities:
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Lead and enhance the RAC Insurance risk and compliance oversight strategy, with a focus on further strengthening our proactive risk culture.
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Conduct Line 2 assurance reviews and drive improvements across technical risk areas.
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Oversee and challenge RAC Insurance’s risk profile, ensuring alignment with risk appetites and tolerances.
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Provide SME advice to senior management and deliver timely, insightful reports on risk and compliance performance.
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Build and sustain professional relationships with internal stakeholders and external regulators (e.g., ASIC, APRA).
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Lead, coach, and mentor team members to foster growth and alignment with organisational goals.
What You’ll Bring:
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Experience: Extensive experience in risk or compliance roles within financial services or regulated industries, ideally insurance.
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Knowledge: In-depth understanding of APRA standards, the Insurance Contracts Act, and the General Insurance Code of Conduct.
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Skills: Strong analytical capabilities, critical thinking, and the ability to communicate complex issues clearly to diverse audiences.
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Qualifications: Tertiary qualifications in risk management, insurance, or a related field (industry memberships a plus).
What can we offer you?
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A workplace culture where our people feel valued, respected, and empowered.
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Work in flexible ways that meet work/life commitments and support wellbeing.
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Be part of a purpose-led organisation that gives back to the WA community.
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An environment that values ongoing career development.
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Free Roadside Assistance and discounts on RAC products and services including Insurance, Holiday Parks and Resorts, Security, Finance and Auto Services.
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Opportunities for community engagement and corporate volunteering.
Apply now with a CV showcasing what you can bring to the role.
Applications Close Friday 10th January 2025
We encourage you to apply as soon as possible, as RAC reserves the right to close this vacancy without notice.
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What We Do
At RAC we offer career opportunities that will allow you to give back and make a difference to our members and the WA community. We pride ourselves on employing the highest calibre of people to meet our member’s needs. RAC promotes healthy living and aims to protect health and safety of employees, members and visitors.
RAC has been a part of the West Australian community since 1905. We are unique organisation, built by members for members. From our origins as a motoring club, we have grown to a diverse organisation of over 1,400 employees serving more than 1 million members with a range of products and services. RAC’s difference is that we are a membership organisation, which means we don't have shareholders and we reinvest our profits for the better of our members and the WA community.
House rules:
We really enjoy receiving your feedback, comments and experiences and enjoy getting the most out of our LinkedIn community. With this in mind, we ask that you stick to the following guidelines:
• Please be polite to other RAC LinkedIn users and treat each other as you would like to be treated.
• Please don’t give out any personal information.
• We cannot allow any inappropriate or offensive language.
• Advertising, spam, selling and links to external shopping sites are not allowed here and will be removed.
• If you want to post a link to another site to illustrate your point, please do not link to sites that require registration in order to view, or any site that prompts an automatic download as these comments will be removed.
• Page admins and the RAC LinkedIn community must be able to easily understand your message. For this reason we can't allow messages which are written in code or a language which isn’t English.
• We reserve the right to de-tag RAC from any posts or photos that we deem inappropriate.
• Please note that repeat offenders may be reported and will be blocked from the LinkedIn page
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