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Senior Risk Manager
full-timeSydney

Summary

Location

Sydney

Type

full-time

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About this role

 

​​SENIOR RISK MANAGER – CONSUMER RISK AND COMPLIANCE – SYDNEY or BRISBANE

 

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

 

The primary purpose of this Line 1 Risk role is to assist in leading the implementation, execution and monitoring of the risk and compliance management framework.

 

  • Provide advice on the design, implementation, ongoing monitoring and maintenance of division-specific compliance and risk frameworks, policies, procedures, and controls, ensuring that business activities remain within the defined risk appetite.
  • Provide advice on the implementation and promotion of risk frameworks and policies, liaising closely with the Second Line of Defence on all division-specific risk management and compliance matters. Ensure that quarterly risk declarations, risk views, and all risk and control assessment activities are up-to-date and adhered to.
  • Advise on current and emerging risk management matters the division faces and assist in the development of processes to manage risk in line with the Board-approved risk appetite and the Allianz Risk Management Framework.
  • Support and advice the business in the development, execution, and monitoring of remedial activity for incidents. Provide insights on root cause(s) and recommend actions to prevent recurrence. Ensure timely resolution and escalation where required.
  • Contribute to strengthening governance, risk management, the internal control environment, and the overall risk culture.
  • Monitor and report on key risk indicators and internal control performance to relevant internal stakeholders.
  • Monitor and report on the management of breaches, incidents, key and emerging risks, controls performance, and regulatory change.

 

About you

 

  • Tertiary qualifications in a relevant discipline (preferred).
  • Significant leadership experience in risk management, compliance, or internal audit within a complex, matrixed financial services organisation.
  • Demonstrated experience in risk management at a Senior manager level in Line 1 within financial services or consulting is highly desired.
  • Demonstrated experience assessing risk levels and executing plans to mitigate risks.
  • Strong technical understanding of the design and operational effectiveness of controls.
  • Experience in process and control design, and the ability to identify operational and compliance risks.
  • Proven ability to collaborate with and influence senior stakeholders across the enterprise.
  • Strong analytical and critical thinking skills, with the ability to interpret data, identify patterns, and develop actionable insights.
  • Solid understanding of relevant laws, legislation, regulations, and prudential standards affecting general insurers.
  • Advanced verbal and written communication skills with the ability to influence risk behaviour across the organisation.
  • A passion for leveraging emerging technologies to stay ahead in a rapidly evolving digital landscape.

 

Benefits and perks

 

  • Inclusive Culture: Join a supportive, open-minded team focused on customer outcomes, bringing your authentic self to work every day!  
  • Flexible Work-Life Balance: Enjoy flexible and 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! 

 

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 [email protected] for a confidential conversation. 

 

 

Other facts

Tech stack
Risk Management,Compliance,Internal Audit,Leadership,Analytical Skills,Critical Thinking,Stakeholder Management,Communication Skills,Operational Effectiveness,Process Design,Control Design,Emerging Technologies,Data Interpretation,Governance,Regulatory Change,Risk Appetite

About Allianz Insurance

Allianz Services is proud to serve and be part of Allianz Group, one of the world's leading insurers and asset managers. Our strong global footprint, with more than 8000 employees located across ten countries and four continents, enables us to unlock the full potential towards driving superior client experience within Allianz Group.

At Allianz Services, we have a strong specialization in core insurance operations, shared services, business analytics, engineering, and management consulting. Our people are what matter most, rooted in our values, and we strive to continuously evolve, improve, and create a superior client experience while contributing successfully to the transformation of Allianz. Caring actively for the environment, for people, and for our customers is what makes us a great place to work and together we are shaping a better and more caring tomorrow.

Corporate Disclosures / Pflichtangaben: https://www.allianz.com/Allianz-TechnologySE/en
Allianz Data Privacy Statement: https://www.allianz.com/en_GB/privacy-statement.html
Allianz Careers Data Privacy Statement: https://careers.allianz.com/en_EN/footer/data-privacy.html
LinkedIn Privacy Policy: https://www.linkedin.com/legal/privacy-policy
LinkedIn General Terms: https://www.linkedin.com/legal/user-agreement

Team size: 5,001-10,000 employees
LinkedIn: Visit
Industry: Financial Services

What you'll do

  • The Senior Risk Manager will lead the implementation and monitoring of the risk and compliance management framework, ensuring business activities align with the defined risk appetite. They will also provide insights on risk management matters and support the development of processes to manage risks effectively.

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Frequently Asked Questions

What does a Senior Risk Manager do at Allianz Insurance?

As a Senior Risk Manager at Allianz Insurance, you will: the Senior Risk Manager will lead the implementation and monitoring of the risk and compliance management framework, ensuring business activities align with the defined risk appetite. They will also provide insights on risk management matters and support the development of processes to manage risks effectively..

Why join Allianz Insurance as a Senior Risk Manager?

Allianz Insurance is a leading Financial Services company.

Is the Senior Risk Manager position at Allianz Insurance remote?

The Senior Risk Manager position at Allianz Insurance is based in Sydney, New South Wales, Australia. Contact the company through Clera for specific work arrangement details.

How do I apply for the Senior Risk Manager position at Allianz Insurance?

You can apply for the Senior Risk Manager position at Allianz Insurance directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about Allianz Insurance on their website.