Company Overview:
BizCover has got small businesses backs when it comes to insurance! Small businesses need insurance to protect their livelihoods. They need insurance in a fast, easy to understand format and that’s why they need BizCover. So what makes BizCover stand out from the crowd?
The Team:
The Risk and Compliance team basically does what it’s name suggests – we advise the business on matters of risk strategies and mitigation and compliance obligations. Reporting directly to the Head of Risk and Compliance you will work in a team that is responsible for the Quality Assurance, Dispute Resolution and the Compliance function across all BizCover channels and geographies.
Duration: 6 months fixed term contract (Opportunity for Perm)
The Role:
Reporting into the Head of Risk & Compliance, the QA & Compliance Manager has two main accountabilities namely leading the QA team including ensuring the adequacy of the QA framework, and overseeing compliance across the business.
They will be responsible for providing guidance and support, across the company on compliance related matters. They will ensure we are compliant with our regulatory obligations and AFSL, by ensuring our internal compliance, monitoring & supervision and risk frameworks are in place and being adhered to.
They will also be managing our Third Party Risk Management Framework including contract review, maintenance of the supplier calendar and sanction screening.
This role will also support the team with dispute resolution working with stakeholders across BizCover to ensure fair and timely outcomes for our customers. The role requires strong leadership, attention to detail, and the ability to embed compliance into operational and strategic activities across BizCover.
Day to day responsibilities:
Compliance:
- Implement and promote BizCover’s risk and compliance policies and practices
- Monitor and ensure compliance and QA frameworks are current and adequate
- Ensure compliance with regulatory frameworks, review and/or establish a compliance manual including process implementations, insurer compliance along with regular auditing processes
- Provide strategic compliance and risk advice to the business on current business, new proposals or business change
- Manage all legal matters and issues including intellectual property, contracts, binder and partner agreements, employment related issues, policies and any items that require general compliance input
- Compliance sign off on agreements and the management of the supplier calendar (a source of truth of all arrangements with workflow capability)
- Conduct/manage induction training on compliance and QA and review of staff training
- Manage Sanctions screening
- Working with our technology and operations teams to embed compliance frameworks and processes into systems and operational processes including AI implementations
- Internal and external policy end-to-end management (including creation, reviews and reporting)
- Create, implement and periodically review quality management documents which meet ISO 9001 standards.
- Assist with end-to-end complaints handling in line with policies and procedures, ensuring adherence to regulatory frameworks.
- Monitor legislative changes, assess their impact on the business, and review or develop processes and policies to ensure compliance and operational efficiency.
- Assist and partake in periodic audits initiated by insurer/s and/or internally.
- Facilitate end-to-end breach and incident management by leading project teams, maintaining the incident register, tracking incident status to resolution or completion, and driving the remediation of breaches and incidents.
- Review and optimise customer communication journeys, including emails, SMS, and letters, to ensure clarity, accuracy, and alignment with product updates, insurer changes, or incident remediation efforts.
- Review marketing materials and content to ensure compliance with regulatory standards, including AFSL requirements, and alignment with legal and risk obligations.
- Establish and maintain open channels of communication with insurer compliance teams to facilitate collaboration, address compliance matters, and ensure alignment with regulatory and business requirements.
- Manage compliance committee operations, including preparing reports, agendas, and minutes, distributing outcomes to the Executive team, and monitoring actions to ensure timely completion and accountability.
- Provide guidance and support to call centre and operational teams to ensure customer and third-party enquiries are handled in compliance with regulatory requirements and internal policies.
QA:
- Management of the QA team (1x QA Team Lead, 4x QA officers & 1x Risk and Compliance Graduate).
- Oversee reporting on QA performance and compliance (e.g. QA reporting).
- Prepare management action plans to address key compliance issues and risks identified through the QA process.
- Creation and review of call centre scripting and QA scoring across sales, service, claims and retention teams .
- Lead Oversee the QA calibration sessions with the call centre teams
- Provide insights into the performance and risks arising from our operations (technology and call centre).
- Act as the primary point of contact for escalated QA matters, providing guidance, resolution, and ensuring alignment with compliance and quality standards.
- Manage end-to-end projects relating to QA and/or directly impacting QA deliverables.
How will I be measured?
- Existence of up-to-date QA and compliance frameworks including documentation of processes
- Passing of ongoing audits
- Meeting KPIs with regards to QA
- Advancement and embedment of our compliance automation frameworks
- Timely resolution of complaints
- Over time the reduction in the reoccurrence of the repeated complaints through the identification of root causes via the QA process
What do I need to be successful?
- Law degree
- A minimum of 3 years post qualification experience in insurance law and/or financial services law
- Strong attention to detail
- Ability to prioritize and manage competing demands and time frames
- Ability to work with a wide range of people in a collegiate and responsive manner
- Hybrid working model with flexibility to work from home up to 3 days a week and a minimum of 2 days a week in the Sydney CBD office.
- Exciting and rewarding team culture
- Quarterly recognition awards
- Business Casual dress code
- Rewarding Employee Incentive Program
- Growing company with progression opportunities
Diversity of employees makes for a creative and fun workplace. At BizCover, we truly believe in the power of diversity. We actively welcome applications from individuals with all kinds of backgrounds and experiences. If you share our passion for making a difference and believe in creating an inclusive work environment, we would be thrilled to have you apply for this amazing opportunity.
Come and be a part of our journey as we foster a diverse and supportive atmosphere where everyone can flourish and showcase their distinct skills. Constantly strive to be the best we can, we look for people who are –
Customer Fanatics - noun: a person who delivers a first class customer experience every time
Drumbeaters - noun: a person who enthusiastically celebrates and supports their teammates and the business
Finishers - noun: a person you can trust to get it done
Advancer - noun: a person who always wants to do better
Diversity of employees makes for a creative and fun workplace. At BizCover, we truly believe in the power of diversity. We actively welcome applications from individuals with all kinds of backgrounds and experiences. If you share our passion for making a difference and believe in creating an inclusive work environment, we would be thrilled to have you apply for this amazing opportunity.
