Senior Manager - Insurance Risk
We are seeking an experienced Senior Manager, Insurance Risk to join our Risk & Compliance team.This is a specialist second-line risk role responsible for providing independent oversight, challenge and analysis of insurance risk across Avant's Medical Indemnity business.
Reporting to the Head of Group Risk & Compliance, you will work closely with actuarial, underwriting, product and pricing, and claims teams, providing credible risk oversight while helping shape and strengthen the insurance risk framework across the Group.This role offers a unique opportunity to combine deep insurance expertise with strategic risk oversight in a purpose-led organisation that genuinely contributes to Australia's healthcare system.
What You'll Be Doing
Key responsibilities include:• Providing independent second-line oversight across underwriting, pricing, reserving, claims and reinsurance risk• Building strong business partnering relationships while maintaining clear Line 2 independence• Reviewing and challenging actuarial assessments, reserve adequacy and insurance risk assumptions• Monitoring claims trends, healthcare inflation, demographic shifts and other emerging risk drivers• Maintaining and enhancing the Insurance Risk Framework, risk appetite measures and associated policies• Supporting compliance with APRA prudential standards and regulatory requirements• Translating complex insurance risk concepts into practical management and Board insights• Developing high-quality risk reporting, dashboards, risk indicators and management information• Providing risk input into strategic initiatives, product changes and business planning activities• Promoting a strong risk culture across the organisation
About You
You are a technically strong insurance professional who enjoys providing independent challenge, influencing through expertise and partnering with senior stakeholders.You will bring:• 8+ years' experience in insurance risk or a related insurance technical discipline• Strong experience within general insurance, medical indemnity or other APRA-regulated insurance environments• Sound understanding of underwriting, pricing, reserving and claims risk• Experience reviewing actuarial analysis and interpreting insurance performance indicators• Strong commercial judgement and analytical capability• Excellent written and verbal communication skills, including the ability to present complex information simply• A collaborative approach with the confidence to provide constructive challenge• Relevant qualifications in Actuarial Studies, Finance, Commerce, Statistics or a related discipline
Desirable qualifications include RMIA, FIAA, ANZIIF, CA or similar professional credentials.
About Avant
Avant is Australia’s largest medical defence organisation. With an objective to be the business and career partner of its members, Avant provides:
Medico-legal protection and risk management advisory services.
Support, advice and legal representation in the event of a claim or complaint.
Health insurance products.
Education, research and training programs.
Various other insurance products spanning cover of medical practices, income, life, disability and travel.
Advocacy representation for its members collectively where it can make a difference.
Avant has over 90,000 members, 1000 staff and net assets $1.5 billion. Avant is a member owned organisation. Its core objective is to support, protect and defend its members.
Why Join Avant?
At Avant, you'll be part of an organisation with a strong purpose, a collaborative culture and a clear commitment to doing the right thing for our members.We offer:• Meaningful work supporting Australia's healthcare profession• Exposure to a highly specialised insurance environment• Flexible hybrid working arrangements• Opportunities for professional development and growth• A supportive and values-driven culture• Competitive remuneration and benefits