Head of Insurance

3 months ago


Bella Vista, Australia Finance & Property Full time

**We are Woolworths Group
We are Woolworths Group. 200,000+ bright minds, passionate hearts, and unique perspectives across Australia and New Zealand. Connected by a shared Purpose - 'to create better experiences together for a better tomorrow'. That Purpose fuels our ambition to explore new ideas, make brave commitments, and innovate better ways to meet the food and everyday needs of more than 24 million customers every week.

If you're excited to turn today's blue-sky thinking into a better tomorrow for future generations, you'll find yourself supported and enriched in a dynamic, inclusive, and empowering workplace. With a culture of genuine care, a flexible approach to work, and opportunities across the group to grow your career and make a meaningful impact, the possibilities for what we can achieve together are endless.
- Join our high-performing Group Treasury function and gain broad exposure by engaging with a range of stakeholders
- We offer a wide range of flexible work options, including active discussion of specific requirements for the individual, that balance the needs of our team, customers, and partnersPermanent role based in Norwest Sydney with flexible working options I Applications close: 15th October

**Welcome to the Finance Team
We believe that the Woolworths Finance team is a high performing, innovative and diverse team across Australia and New Zealand, and is an amazing place to advance your career.

Our teams have multiple flex options, including working from home, multiple on-site locations, job sharing, compressed workweeks and part-time working arrangements. We are committed to flexibility and believe that it should be mutually beneficial.

We understand flexibility means different things to different people. Let's discuss, what does flexibility look like for you?

**The Opportunity
This is an opportunity to take on a senior role within the Group Treasury team and be part of the Treasury Leadership Team. In this role, you will develop and execute insurance strategy for the Group and its business units, as well as M&A transaction advisory support and execution.

This interesting and varied portfolio of responsibilities creates a unique opportunity to shape how we work collaboratively with the business and our service partners to deliver advice and service.

Our focus is:

- Building a great team with a passion for innovation that provides insights on business performance
- Helping our business better understand the drivers of their business performanceEstablishing high quality reporting that meets the needs of our senior stakeholders, including CFO and Board.

Home location of the role: Norwest

**What you’ll do
- Develop and execute the general insurance strategy, including annual renewals and leading the underwriting process, with plans to expand into self-insured risks like workers' compensation and public liability.
- Create and implement the strategy for the Group’s insurance captive subsidiary, focusing on risk retention versus transfer in line with market opportunities.
- Manage day-to-day operations of the insurance captive, overseeing audit, tax compliance, and coordination with the captive manager.
- Oversee M&A transactions by providing advisory support and execution, including due diligence related to Treasury functions and General Insurance.
- Collaborate with business unit leaders to coordinate the Group's risk engineering program.
- Act as the primary resource for all insurance inquiries, guiding new projects and leading the preparation of the annual insurance budget in partnership with Finance.Manage the claims process for key risks, such as property and cyber insurance, while delivering insightful presentations to internal stakeholders (CFO, CRO and Board) and ensuring strong internal controls are maintained.

**What you’ll bring
- 10+ years experience across insurance strategy and M&A Treasury advisory and execution for an ASX listed entity
- Strong relationship management skills with evidence of working effectively and collaboratively within and across teams in an agile way
- Proven ability to manage diverse stakeholders and exert influence to deliver on commitments, including CFO and ExCo level, external service providers and business units
- Ability to communicate financial information to a broad (often non-financial) audience and make the complex simple
- Comfortable with ambiguity that comes with working within an ever-changing business across a broad portfolio
- Strong emphasis on team and supporting the success and development of those around youFinance-related degree and/or working towards a professional qualification (CPA or CA equivalent)

**What you’ll experience
- A progressive and flexible ‘Work from Anywhere’ policy for up to 8 weeks a year that gives you more control over your work, life and wellbeing.
- A global business with endless career possibilities around every corner and across every discipline - with valuable exposure to a vast a



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