Looking to transition into a regulatory role in Australia’s financial sector?
This ASIC opportunity could be your next career move. The Senior Regulatory Analyst or Lawyer – Superannuation and Life Insurance role is now open for applications, offering permanent positions in Sydney, Melbourne, or Hobart. Whether you’re an experienced lawyer or a senior regulatory professional, ASIC is seeking top-tier talent to help protect consumers and improve compliance across these complex industries.
This senior level role in the APS is ideal for candidates ready to apply their legal, regulatory, or policy experience in a high-impact setting.
Table of Contents
Senior Regulatory Analyst or Lawyer EL1 and EL2 Salary and Overview
| Position Title | Senior Regulatory Analyst or Lawyer – Superannuation and Life Insurance |
| Organisation/Entity | Australian Securities and Investments Commission (ASIC) |
| Job Location | Sydney, Melbourne, Hobart (All locations considered) |
| Work Type | Permanent, Full-Time |
| Base Pay | EL1: From $123,444 + 15.4% super EL2: From $147,074 + 15.4% super |
| Closing Date | 04 June 2025 at 11:59pm AEST |
About the Australian Securities and Investments Commission (ASIC) and EL1 and EL2 Roles
This opportunity sits within ASIC’s Superannuation and Life Insurance team—a group responsible for supervising two of the most important sectors in Australia’s financial system. From compliance oversight to stakeholder engagement and reform, the team plays a strategic role in protecting consumers and improving market practices.
You’ll provide legal and regulatory advice, lead supervision activities, assess applications for relief, and help drive enforcement actions. ASIC jobs like this offer career growth, strategic responsibility, and a clear impact on public outcomes.
Challenges for Senior Regulatory Analysts or Lawyers
This is not a technical back-office role. ASIC is looking for professionals who can:
- Lead thematic reviews and investigations
- Collaborate across regulatory and enforcement teams
- Navigate legislative frameworks and policy shifts
- Communicate complex legal matters to non-legal stakeholders
- Balance data-driven risk analysis with practical enforcement
Why this is a great opportunity
These roles are an excellent opportunity for experienced professionals to step directly into senior-level positions within the APS. Your existing expertise will be recognised and rewarded from day one. With multiple roles available across several locations, now is a great time to make your move.
- Influence policy and compliance strategies at a sector-wide level
- Permanent government lawyer roles with flexible location options
- Apply at EL1 or EL2 level, depending on your experience
- Join a high-performing legal team at the heart of the public sector
- Access APS employment benefits, like generous super and leave
ASIC EL1 and EL2 Application Requirements
Senior Regulatory Analyst or Lawyer Application Process at ASIC
To apply, submit your cover letter and resume via the official ASIC careers page before 11:59pm AEST on 4 June 2025.
As part of the online form, you’ll be asked to nominate whether you’re applying at the EL1 or EL2 level based on your experience.
Your cover letter must be submitted as a Word document or PDF. While there’s no strict length requirement, I recommend providing a polished two-page cover letter and a 3–4 page CV, suitable for senior-level roles.
The cover letter is critical to your application—it’s your opportunity to directly demonstrate your suitability for the role. To give yourself the best chance, download this free government cover letter template. It uses a proven format that gets results and lands interviews.
What to Include in Your Government Cover Letter
There are role requirements listed for the EL1 and EL2 level roles in separate role descriptions. Below we’ll walk through how to apply for the EL2 level position.
If you are applying for the EL2 level role, you will need to provide STAR method examples that demonstrate you meet the following requirements:
Qualifications and Legal/Industry Experience
- A relevant tertiary qualification.
- Experience advising on complex transactions or projects requiring critical thinking and judgment, gained in a legal firm, relevant industry, or regulatory environment.
- Solid experience drafting clear, accurate legal analysis on complex legal and policy issues with limited supervision.
- A thorough working knowledge of financial services legislation such as the Corporations Act.
- Experience applying legal expertise to complex regulatory matters and assessing the regulatory impact of decisions.
Strategic Thinking and Analytical Skills
- Proven ability to deliver strategic priorities through stakeholder engagement and innovative solutions.
- Strong analytical, investigative, and research skills, including data analysis and presentation.
- Highly developed conceptual and problem-solving skills, including the ability to draw sound conclusions from both qualitative and quantitative data.
- Experience analysing broader organisational, industry, and environmental contexts to develop practical interpretations and applications of legislation.
- Ability to identify emerging trends and risk areas using strategic and analytical thinking.
Communication and Relationship Building
- Superior writing and drafting skills, with the ability to communicate clearly, concisely, and persuasively.
- Understanding of the value of developing strategic relationships to optimise the use of available data and insights.
- Senior stakeholder management experience, including the ability to influence and leverage industry networks.
Results and Project Delivery
- Demonstrated success delivering results in complex business environments by committing to quality outcomes, managing risks, and using resources efficiently.
- Strong organisational and project management skills, including complex problem-solving capabilities.
EL1 and EL2 Application Checklist
| Download and read the position description | |
| Start drafting your STAR method examples | |
| Write a tailored cover letter using this free template | |
| Get your cover letter reviewed – Only $29 | |
| Submit your application before 04 June 2025 |
EL2 Candidate Profile
Rachel is a legal adviser at a national superannuation fund. After 7 years handling disclosure compliance, trustee obligations, and member communications, she’s ready to move into regulation. Rachel is applying at the EL2 level. This ASIC role allows her to use her deep industry knowledge while contributing to strategic enforcement and policy direction.
Example Cover Letter For ASIC EL2 Lawyer
Click here to download a free public sector cover letter template
Dear Hiring Manager,
I am excited to apply for the EL2 position at ASIC. With over seven years’ experience as a legal adviser in the superannuation industry, I am ready to shift from industry compliance into regulation—bringing deep sector insight, a strong legal foundation, and a genuine commitment to protecting consumer outcomes and supporting good governance.
In my current role at a national superannuation fund, I provide legal advice across disclosure compliance, trustee obligations, and member communications. I hold a Bachelor of Laws and a Graduate Diploma of Legal Practice, and I’ve built a strong working knowledge of the Corporations Act, Superannuation Industry (Supervision) Act, and related financial services legislation. A recent example of my legal work involved reviewing the impact of ASIC’s updated RG 97 on our product disclosure statements. I led the legal analysis, identified areas of misalignment, and worked closely with product and marketing teams to revise templates. My ability to interpret complex legislation and translate it into practical and compliant communication helped us meet tight regulatory deadlines without compromising clarity for members. (Relevant tertiary qualification, drafting legal analysis, applying legal expertise, legislation knowledge)
I’ve consistently applied strategic thinking to complex legal and operational issues. During a trustee-led initiative to streamline investment option disclosures, I facilitated cross-functional discussions between investment, operations, and compliance teams to map pain points and risks. I proposed a centralised governance process that reduced duplication, improved accuracy, and ensured alignment with disclosure obligations. This work not only improved compliance outcomes but also enhanced trustee confidence in our internal controls. (Delivering strategic priorities, developing practical legislative interpretations, problem-solving)
My role has also required a proactive approach to identifying risk and emerging issues. When APRA’s Heatmap framework was introduced, I conducted a deep-dive analysis of our fund’s positioning, anticipating member movement and reputational risks. I collaborated with actuarial and product teams to present a briefing to the Executive and Trustee Board, outlining both strategic risks and options to mitigate member attrition. This analytical approach helped shape our proactive disclosure strategy and strengthen our member value proposition. (Analytical and research skills, emerging trend identification, strategic thinking)
Stakeholder engagement is central to my work. I routinely brief senior executives, respond to regulator queries, and negotiate directly with external counsel and insurers. I’m known for my clear, persuasive communication style—able to balance legal precision with practical advice. For instance, during a sensitive review of trustee indemnity policies, I led negotiations with underwriters, prepared briefing papers for the Chair, and ensured our position was clearly communicated and legally robust. (Senior stakeholder management, communication skills, influencing and relationship-building)
I also bring strong project and time management skills. I’ve led numerous initiatives requiring coordination across legal, risk, and operations teams. One example was our transition to digital-first disclosure, where I managed competing timelines, resolved legal uncertainties with minimal supervision, and ultimately delivered compliant, user-friendly materials across all channels. (Results in complex environments, organisational and project management skills, efficient resource use)
What draws me to ASIC is the opportunity to contribute to public interest outcomes at a strategic level. I’m eager to bring my industry experience to a regulatory setting—shaping compliance expectations, influencing policy development, and contributing to enforcement strategies that improve the integrity of financial services in Australia.
I would welcome the opportunity to discuss how my background aligns with your priorities for this role.
Thank you for considering my application.
Kind regards,
Rachel
How to Use the STAR Method in Your EL2 Application
At the EL2 level, hiring managers are looking for clear, outcome-focused examples that show your strategic thinking, judgement, and ability to influence results in complex environments. The STAR method is the best way to structure your examples—whether in your cover letter or during interview.
STAR stands for:
- Situation – Briefly set the context.
- Task – Explain your responsibility or objective.
- Action – Describe the steps you took.
- Result – Share the outcome and what it achieved.
Let’s break down one of the examples from Rachel’s cover letter:
“When APRA’s Heatmap framework was introduced, I conducted a deep-dive analysis of our fund’s positioning, anticipating member movement and reputational risks. I collaborated with actuarial and product teams to present a briefing to the Executive and Trustee Board, outlining both strategic risks and options to mitigate member attrition. This analytical approach helped shape our proactive disclosure strategy and strengthen our member value proposition.”
This STAR structure is applied as follows:
- Situation: APRA released the Heatmap framework, raising potential risks for the fund.
- Task: Anticipate and assess the risks, and advise on mitigation options.
- Action: Conducted analysis, collaborated with internal teams, prepared executive briefings.
- Result: Influenced the fund’s disclosure strategy and helped protect its market positioning.
When writing your own application, follow this structure for each example you include—especially when responding to capabilities like strategic thinking, stakeholder management, or problem-solving. Make sure your Actions show initiative, influence, and leadership, and that your Results demonstrate measurable outcomes, improved processes, or risk mitigation.
How to Prepare for job interview with ASIC
ASIC interviews are structured and behavioural, meaning your responses will need to clearly demonstrate how you meet the role requirements through real-life examples.
Here’s how to prepare effectively:
- Carefully read the job pack, especially the section outlining the essential requirements and capabilities.
- Turn each requirement into a question. This helps you anticipate what may be asked and ensures your examples are directly aligned.
- Use the STAR method (Situation, Task, Action, Result) to structure your answers clearly and persuasively.
Example conversions:
- Requirement: Experience applying legal expertise in complex regulatory matters.
Possible question: Tell us about a time you applied legal judgement to a complex regulatory issue. - Requirement: Senior stakeholder management, including influencing skills.
Possible question: Describe a situation where you influenced a senior stakeholder to support a course of action. - Requirement: Strong analytical and problem-solving skills using both qualitative and quantitative data.
Possible question: Give an example of how you analysed complex data to solve a regulatory or compliance problem.
Once you’ve created questions like these, prepare STAR method responses for each. Be specific, concise, and focus on what you did and what the outcome was.
Example STAR talking point:
When our team received multiple misconduct complaints about a financial product, I led the internal investigation, engaged with the product team, and presented our findings to legal. My work resulted in updated documentation, improved disclosures, and avoided regulator escalation.
Practise your examples aloud, refine your structure, and ensure each answer highlights the capabilities ASIC is seeking. A strong STAR response not only answers the question—it shows you’re already operating at the EL2 level.
If you want to prepare the way I do—using custom questions and real hiring manager feedback—book a government practice interview session. It’s the most realistic and targeted preparation you can get before your actual interview.
Time To Start Your ASIC Application
Start your online application now – click here.
To jump-start your cover letter, you can download this free template. If you’re unsure how to use the STAR method to showcase your strengths and position yourself as a top candidate, consider booking a cover letter review for tailored, expert feedback.
