Join the Team at Adica Insurance

Where people come first and possibilities follow.

About the Opportunity

Reporting to the Head of Risk and Regulatory Affairs, the Enterprise Risk Lead is a key member of Adica's Risk and Governance team. This role is responsible for implementing, maintaining, and continuously enhancing Adica's Enterprise Risk Management Framework, ensuring alignment with APRA Prudential Standards, industry best practice, and the organisation's strategic objectives.

You will play a critical role in partnering with business stakeholders to identify, assess, monitor, and mitigate strategic, insurance, financial, and operational risks. Working closely with the First Line of Accountability (1LoA), you will support effective risk management practices, strengthen risk culture, and help ensure Adica operates within its risk appetite while meeting regulatory obligations.

This is a hybrid role based at our St Kilda Road office in Melbourne.

What You'll Be Responsible For

- Implementing and maintaining Adica's Enterprise Risk Management Framework, including supporting policies, standards, and procedures.
- Facilitating risk assessments and control reviews across key enterprise risk areas.
- Designing and executing control testing and assurance activities, identifying opportunities for improvement and strengthening risk controls.
- Monitoring and assessing emerging risks, regulatory developments, and industry trends that may impact the business.
- Providing practical risk advice and subject matter expertise to business leaders and governance committees.
- Preparing insightful risk reporting and analysis for Executive Management, Board Committees, and other key stakeholders.
- Supporting the ongoing enhancement of risk management capabilities across the organisation and embedding the Three Lines of Accountability model.
- Maintaining accurate and up-to-date risk and control information within the Governance, Risk and Compliance (GRC) system.
- Contributing to risk initiatives, projects, and continuous improvement activities across the broader Risk and Governance function.





What You'll Bring To be successful in this role, you will have:

- A tertiary qualification in Risk Management, Business, Finance, Law, Commerce, or a related discipline.
- At least 3 years' experience in Risk, Compliance, Assurance, Internal Audit, or a related governance function.
- Experience working within an APRA-regulated environment, preferably in insurance or financial services.
- Sound knowledge of APRA Prudential Standards, including CPS 220, CPS 230, CPS 234, and the Financial Accountability Regime (FAR).
- Strong analytical, problem-solving, and critical thinking skills, with the ability to interpret and communicate complex information effectively.
- Experience developing policies, procedures, risk assessments, and management reporting.
- Advanced Microsoft Office skills, particularly Excel, Word, and PowerPoint.
- Excellent stakeholder engagement and communication skills, with the ability to influence and collaborate across all levels of the business.
- The ability to work autonomously while building effective relationships and exercising sound professional judgement.

Why You’ll Love Working at Adica

At Adica, people are our greatest asset, and we’re committed to creating an setting where you can thrive. Recognised as an Employer of Choice, celebrating our commitment to culture, flexibility, and people-first values. Some of the benefits you’ll enjoy include:

- Big discounts on car insurance for you and your family.
- 14 weeks Paid Parental Leave for all parents, plus superannuation on both paid and unpaid leave (up to 52 weeks).
- Quarterly Wellbeing Leave days and the ability to swap Public Holidays.
- A supportive Wellbeing Program and year-round employee events.




- Recognition Programs through monthly awards and the annual Excellence Awards.
- Strong culture of internal progression and career development
- Access to the Go1 learning platform with thousands of courses
- Leadership development programs in partnership with Hello Monday to support and empower your growth as a leader
- Hybrid working model- the best of both worlds.
- Employee Assistance Program (EAP) – free, 24/7 support for you and your family.
- Be part of community initiatives, fundraising drives, and volunteer events throughout the year
- And more because your wellbeing matters to us.

Who We Are

Adica Insurance is an Australian-operated and regulated general insurer, backed by the global strength of the MS&AD; Insurance Group, one of the world’s top 20 insurance and financial services groups.

Adica exists to make insurance more human, more helpful, more transparent, and more empowering for our customers. We support our people with the same care and clarity. Together, we’re creating a workplace where people thrive, teams collaborate, and customers feel truly supported.

What to Expect from Us

We aim to make the recruitment process as smooth and respectful of your time as possible.

Once you apply, our Talent Team will review your application. If your experience aligns with the role, we’ll be in touch for an initial phone conversation to get to know you better. From there, the process usually includes two interviews with our team.

Throughout the process, we’ll keep you informed and provide timely updates because we know how important clarity is when you are job hunting.

Accessibility & Support

If you require any adjustments during the recruitment process, please let your recruiting contact know when they first reach out. We’re committed to creating an inclusive experience for everyone.

Ready to join a company where people come first and possibilities follow? Apply now, we’d love to hear from you.

Recruitment is being managed in-house. No agency contact, please.

📌 Enterprise Risk Lead (Melbourne)
🏢 Adica Insurance
📍 Melbourne