Posted 2 days ago
Risk & Compliance Specialist
AI Summary
Assesses incidents, conducts control tests, and monitors risk indicators to strengthen the risk and compliance framework for an insurance organization.
About this role
With over 1.3 million members RAC is WA’s most iconic and trusted organisation. 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 Insurance as a Risk & Compliance Specialist, where you'll play a key role in safeguarding our members by ensuring effective risk management. This is an additional role created within our Product & Sales team.
About the Role
As a Risk & Compliance Specialist, you will provide expert guidance to strengthen RAC Insurance’s risk and compliance framework. Your work will involve assessing reported incidents, identifying potential breaches, conducting control tests, and monitoring key risk indicators. With a commitment to our members, you’ll recommend improvements that enhance incident management and risk mitigation processes.
Key Responsibilities
- Conduct incident triage to assess compliance and operational impacts.
- Coordinate and document incident investigations, capturing key data in the risk management system.
- Identify systemic issues and implement improvement measures.
- Conduct control testing, monitor key risk indicators, and recommend control enhancements.
- Educate stakeholders on risk responsibilities and promote a strong risk culture.
- Support the Business Risk & Compliance team on various initiatives as required.
What we are looking for:
- Previous experience in risk management, compliance, governance, or a regulated environment.
- Strong analytical skills for root cause analysis and data accuracy.
- Knowledge of regulatory requirements in the insurance or financial services industry.
- Excellent problem-solving abilities with an eye for detail.
- Ability to communicate effectively with stakeholders and manage competing deadlines.
- Familiarity with APRA standards, the General Insurance Code of Practice, and ASIC guidelines (e.g., RG78) is highly advantageous.
What we can offer you:
- A workplace culture where our people feel valued, respected and empowered
- Work in flexible ways that meet work/life commitments and support wellbeing
- Be part of a purpose led organisation that gives back to the WA community
- An environment that values ongoing career development
- Free Roadside Assistance and discounts on RAC products and services including Insurance, Holiday Parks and Resorts, Security, Finance and Auto Services
- Opportunities for community engagement and corporate volunteering
Apply now with your resume showcasing your experience.
Applications close Monday 5th October 2026. We encourage you to apply as soon as possible as RAC reserves the right to close application without notice.
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