Risk and Compliance Manager

RISK AND COMPLIANCE MANAGER | TECHNICAL | AUSTRALIA

At Allianz, we’re proud to be named one of the Best Workplaces in Australia 2025 and a Great Place to Work. As a leading global insurance and asset management brand, we prioritise care for our customers, the planet, and each other. We hire the very best people to further our commitment to caring and securing the future for our customers.

We offer an inclusive workplace where everyone feels like they belong, while promoting a culture of lifelong learning, development, and global mobility. Join us and share your ideas, be inspired, give back to the community and feel proud to be a part of an organisation doing meaningful work that matters while supporting sustainability, mental health, and well-being.

Let’s care for tomorrow, so we can create a better future together, for everyone.

About the role

Your focus will be on implementing, executing, and monitoring the risk and compliance framework – ensuring current and emerging risks are effectively identified, assessed, and managed in partnership with the business, including providing dedicated support to our Technical business. The Technical division, is responsible for the product management, underwriting and product governance and pricing functions for all insurance products. (excluding Workers Compensation)

You'll be responsible for:

• Developing, executing, and monitoring remedial actions to address risk and compliance incidents.
• Managing operational loss and compliance incidents, ensuring timely resolution and reporting.
• Preparing detailed reports on risk and compliance performance for internal stakeholders.
• Implementing the Line 1 control assurance program and maintaining the internal control framework.
• Acting as a key liaison for internal and external audits, ensuring compliance within policies, procedures, and regulations.
• Promoting a culture of risk awareness and compliance excellence across the organisation.

About you

• Strong expertise in risk management and compliance frameworks, with proven experience implementing control assurance programs.
• Extensive background in Audit or Risk & Compliance  within insurance or complex financial services environments.
• Demonstrated ability to manage operational loss and compliance incidents, including developing and executing remedial actions.
• Exceptional analytical and problem-solving skills, delivering actionable insights to drive improvements.
• Excellent communication and reporting skills, with experience preparing and presenting to senior stakeholders.
• Collaborative mindset with a focus on continuous improvement and ensuring compliance with regulatory requirements through effective engagement with internal and external audit teams.
• Experience in Insurance Risks covering Underwriting, Product, Pricing or Reinsurance will be advantageous but not mandatory.

Benefits and Perks

• Inclusive Culture: Join a supportive, open-minded team focused on customer outcomes, bringing your authentic self to work every day!
• Work-life balance: Enjoy our flexible, hybrid work arrangements, and tailored workplace adjustments, where possible.
• Career Development: Access mentoring, development and global mobility opportunities for growth and success, including access to over 10,000 learning resources.
• Financial and Well-being Perks: Enjoy discounts on Allianz products, retail, tech, and travel, plus financial wellness initiatives and the Employee Share Purchase Program- own a piece of your employer! 
• For more details about our benefits, visit the Allianz Careers site.

About Allianz Group

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matters, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Adjustments and support

If you require any support and adjustments to participate equitably in our recruitment process, we encourage you to reach out to careers@allianz.com.au for a confidential conversation.

Join us. Let’s care for tomorrow. www.allianz.com.au/careers

Important Notice:

Allianz will never contact you from an email address that does not end with ‘@allianz.com.au’ or another official Allianz domain. If you receive an email from an address like ’allianz.customerservice@gmail.com’” or ’allianz-support@yahoo.com’, it is not from Allianz and may likely be a scam.

Examples of official Allianz email addresses à john.smith@allianz.com.au | support@allianz.co.uk | jane.smith@allianz.com

If you are unsure about an email, please contact Allianz directly through our official website or customer service number. Your security is our priority.