Risk & Compliance Intern

Who Are Canopius?

Canopius is a global speciality (re)insurer with underwriting operations in Australia, Bermuda, Singapore, the UK and US. They are privately owned and one of the leading insurers in the Lloyd’s of London insurance market. 

At Canopius they foster a distinctive, positive culture which enables them to bring their whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results. Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected.

Who Are The Risk & ComplianceTeam?

The Risk & Compliance team plays a central role in ensuring the business operates within a robust control framework. The team works across the organisation to: 

• Maintain and enhance risk and control frameworks 
• Monitor legal, regulatory, and compliance risks 
• Support risk assessments, reporting, and oversight 

• Provide insight to management to support informed decision-making 

   

This creates a highly collaborative environment with exposure across multiple areas of the business.

What Is The Role?

We are seeking a motivated and detail-oriented Risk & Compliance Intern to join our Risk & Compliance team. 

This internship offers a valuable opportunity to gain hands-on experience in how organisations identify, assess, and manage risk, and ensure compliance with regulatory requirements within a global (re)insurance business. 

During your internship, you will work alongside risk and compliance professionals, supporting a range of activities across enterprise risk management and compliance oversight. You will gain insight into how firms manage risk frameworks, monitor controls, and respond to regulatory expectations. 

By the end of your placement, you will have developed a strong understanding of how risk and compliance frameworks support business performance, decision-making, and regulatory adherence.

Responsibilities will include:

• Supporting the maintenance and enhancement of risk and control frameworks 
• Assisting with the identification and documentation of risks and controls 
• Maintaining and updating risk registers and data 
• Supporting Risk & Control Self-Assessments (RCSAs) and related analysis 
• Assisting in the investigation and tracking of risk events and actions 
• Supporting risk reporting and data analysis 
• Assisting with compliance monitoring activities and regulatory tracking 
• Supporting the maintenance of policies, procedures, and documentation 
• Assisting with training, workshops, and awareness activities across risk and compliance 
• Providing general coordination and administrative support to the team

What Will You Gain?

This internship is designed to provide both practical experience and exposure across risk and compliance. 

You will: 

• Gain an understanding of enterprise risk management frameworks and compliance oversight 
• Learn how organisations identify, assess, and monitor risks and controls 
• Develop experience working with risk data, reporting, and analysis 
• Gain exposure to compliance monitoring and regulatory requirements 
• Build organisational and analytical capability through working with risk registers, reporting, and documentation 
• Understand how businesses track actions, incidents, and remediation activities 
• Build confidence working in a professional, structured environment

What Skills Are We Looking For?

We do not expect prior experience in insurance. Instead, we look for individuals who demonstrate the following behaviours and potential: 

• Curiosity and learning mindset – Demonstrate a genuine interest in understanding how businesses operate, asks thoughtful questions, and is motivated to learn and develop new knowledge 
• Communication – Shares ideas clearly and effectively, both verbally and in writing, and is comfortable engaging with colleagues at different levels 
• Collaboration and teamwork – Works well with others, contributes positively to team activities, and builds effective working relationships 
• Organisation and attention to detail – Manages tasks in a structured way, keeps track of responsibilities, and produces accurate, high-quality work 
• Problem solving and analytical thinking – Approaches tasks with a logical mindset, can interpret information, and shows an interest in using data to support decisions
• Proactivity and ownership – Take initiative, is willing to get involved, and follows tasks through to completion 
• Adaptability – Responds positively to new challenges, is open to change, and is comfortable working in a dynamic environment 
• Positive attitude – Brings energy and enthusiasm to the role, shows resilience when facing challenges, and is open to feedback and continuous improvement

• Collaboration and teamwork - Works effectively with others to achieve shared goals 
• Continuous improvement - Identifies opportunities to improve processes and ways of working 
• Innovation - Contributes ideas and new approaches to enhance outcomes 
• Stakeholder engagement - Builds relationships and communicates effectively with a range of stakeholders

Sanctuary Graduates & Apprentices, and Canopius are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate. We encourage and welcome applicants from all diverse backgrounds.

We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.