Insurance… slow, outdated, and a frustrating experience for businesses. But it doesn’t have to be. For businesses and fast-moving startups / scaleups, the customer experience has fallen far behind, leaving them underserved and at risk. At upcover, we’re flipping the script by providing innovative, tech-driven insurance solutions that businesses love—tailored, fast, and built for the pace of today’s world.

About upcover

upcover is Australia's fastest growing business insurance platform for SMBs, startups and scale ups - trusted by 50,000+ small businesses across ANZ. We are revolutionising the decades old business insurance industry by creating digitally native insurance products in partnership with the world's largest insurers and underwriters. upcover's platform bridges the gap between cutting-edge technology and the complexities of insurance, ensuring our customers get the protection they need, simply and effectively.

Why join us?

The world of commercial insurance and underwriting is complex and analog. Its gigantic. Nearly $25B in business insurance is transacted across ANZ every year, and only 5% of this is online. upcover is at the forefront of digitising the industry and we are aided in our effort by the world's top insurers, underwriters and VCs.

Role overview

We’re looking for a Compliance Manager who has worked at the intersection of fintech or law. Extra points if you know a thing or two about insurance underwriting! This role will work closely with our co-founders as well as our underwriting team, to build and oversee our compliance framework during a critical growth phase. This role will be instrumental in ensuring our innovative insurance products and technology solutions to support regulatory compliance at rapid scale.

The role will also involve

• Design and implement a comprehensive compliance framework that balances regulatory requirements with startup agility
• Provide strategic advice to product and technology teams on regulatory implications of new features and insurance products
• Develop and maintain relationships with regulatory bodies, including ASIC and external stakeholders
• Lead the development of compliance policies, procedures, and training programs
• Conduct risk assessments and implement mitigation strategies for new product launches and technology deployments
• Manage regulatory filings and maintain documentation for audit requirements
• Work closely with legal counsel to ensure alignment between compliance frameworks and legal requirements
• Build and mentor a future compliance team as the organization scales

Basic Requirements

• Experience developing compliance frameworks from the ground up
• Proven ability to translate complex regulatory requirements into practical business solutions
• 5+ years of compliance experience in insurance or financial services, with demonstrated understanding of ASIC regulatory obligations

We'd love for you to have

• Exceptional analytical, organisational, and communication skills.
• Proven ability to manage multiple priorities in a fast-paced environment.
• Ability to work independently while also contributing successfully to cross-functional, technical and business teams
• Strategic mindset with ability to balance risk management and business growth objectives
• Legal background or qualification preferred.
• Experience in insurance or other regulated categories (e.g. fintech) and/or strong working knowledge of the Australian insurance regulatory landscape and emerging insurtech compliance considerations and business insurance products, including general liability, property, cyber, and professional liability coverages

Strategic mindset with ability to balance risk management and

And it'll be great if you have

• A background in insurance or other regulated categories
• Strategic mindset with ability to balance risk management and business growth objectives
• Strong understanding of business insurance products, including general liability, property, cyber, and professional liability coverages

What our interview process looks like

• 15-minute virtual first chat with one of our co-founders
• 45-60 minute in person whiteboard session with the team
• Case study
• Meet the team! A 30 min 1:1 Zoom meetings with 3-4 team members you’d work closely with in the role

What We Offer

• The chance to make a meaningful impact in a rapidly evolving industry.
• Remote/hybrid working arrangements, including remote work options for the right candidate and circumstances.
• Opportunities for professional development and career growth.
• A supportive, inclusive, and innovative company culture.
• Competitive salary and benefits package

Salary Range

The pay range for this role is: $100K to $120K per year.

Our salary ranges are based on paying competitively for our size and industry and are part of our total compensation package, which also includes benefits and other perks. We also include stock options in all compensation packages and believe all upcover employees should have the opportunity to become owners in the company. Individual pay decisions are based on a number of factors, including qualifications for the role, experience level, skillset, location, and business need. The base pay range provided is subject to change and may be modified in the future

How to Apply

If you’re passionate about compliance and risk management and want to help shape the future of insurance for small businesses, we’d love to hear from you. Submit your resume by applying via this job ad.

What We Stand For

upcover is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. We index highly on diversity and inclusion and we strongly believe that the best outcomes are the result of a culture that preserves individuality and independence while ensuring accountability. If you thrive in a self-directed, inclusive, and entrepreneurial setting, you’ll find our team to be the perfect place to grow and contribute. upcover is committed to employment equity and welcomes applications regardless of race, ethnicity, age, nationality, religion, disability, sexual orientation or philosophy of life. We have a very healthy pipeline of opportunities, and we’re moving into new territories by launching our own niche insurance brands with key insurance partners.

Join us in redefining insurance!