Manager, Insurance Risk

**ARPC Position Description**

**Function**:Governance, Risk and Compliance **Classification broadband**:EL1

**Location**:Sydney **Security clearance**:Baseline

**Role Reports to **(role title)**:Head of Risk

**Direct Reports **(role titles)**:Nil

**Purpose of the role **(Why the role exists; how the role contributes to the ARPC’s strategic objectives)

The purpose of this role is to support ARPC drive sound risk management practice. This includes embedding the risk
management framework by ensuring that all risk activities (with a focus on risk associated with pricing, reserving and
capital management) are undertaken in a timely and accurate manner and escalated where relevant.

**Key Accountabilities** (Key activities, tasks and outcomes to be achieved)**
**Risk Strategy and Frameworks**
- Implement and maintain a risk management program of work to support the risk strategy, including

facilitating the understanding of insurance risk exposures across the organisation: to prove mitigation
strategies and business improvements.

and mitigation to inform risk-based decision-making.
- Ensure appropriate governance practices are in place to support and enhance the effectiveness of

ARPC’s risk management framework.
- Monitor and escalate risks appropriately, in accordance with the risk management framework.
- Undertake control assurance activities and targeted assurance reviews.
- Deliver employee education through training and development programs on risk management.
- Risk Culture- Promote a positive risk culture, through education, awareness and support including role modelling
- behaviours and building trust and confidence in risk-based decision making.- Expedite programs developed by the Head of Risk, designed to achieve the desired culture.
- Make appropriate risk-based decisions which support the achievement of strategic objectives.
- Support ARPC’s culture by role modelling values set out in ARPC’s Capability Framework

Risk Management and Reporting- Prepare risk reports which communicate the status of Risk Management operations to the Head of
- Risk.- Assist in preparing risk reports, including Board and Committee papers, briefings, and reports on

business and risk initiatives to internal and external stakeholders to inform decision making as
required.
- Other- Participate in ARPC Corporate projects as and when opportunities arise
- Role model ARPC’s Values and Code of Conduct and capabilities set out in the ARPC’s Capability
- Framework- Maintain knowledge of risk management developments and industry trends and an enterprise wide

understanding of ARPC and its business activities

***

**Key legislative / regulatory role responsibilities**
**Public Interest Disclosure Act 2013 (PID Act)**
- ARPC Managers may receive disclosures from staff they supervise or manage, and are responsible for

providing to an ARPC Authorised Officer (CEO, CFO, COO) as soon as practicable, any information
provided to them that concerns disclosable conduct (within the definition of PID Act S.60A).
- ARPC Managers must assist the ARPC CEO (or delegate) and/ or the Commonwealth Ombudsman in

the conduct of a PID investigation.
- ARPC staff must assist the ARPC CEO (or delegate) and/ or the Commonwealth Ombudsman in the

conduct of a PID investigation.
**Privacy Act 1988**
- ARPC staff must adhere to the Australian Privacy Principles and the ARPC Privacy Policy and report

any privacy breaches by any employee or contractor to the Privacy Officer (CFO) and/ or Privacy
- Champion (COO) as soon as they become aware of them.

**Freedom of Information Act 1982 (FOI Act)**
- ARPC staff are responsible for notifying and supporting the Information Public Scheme (IPS) Team to

ensure published website Information is accurate, up-to-date and complete.- ARPC ‘owners’ of website content are required to review content on their page(s) at least annually.

**Security**
- Responsible for monitoring their staff (including contractors), resources and functions to ensure

security controls are maintained and operate effectively.- Responsible to ensure that staff (including contractors) are aware of and practice the appropriate

security procedures for protecting individuals, official information and other valuable resources.

**Working Relationships **(Key stakeholders, clients, customers, suppliers, providers, consultants, etc.)***

Internal Relationships
- Build and maintain strong relationships across ARPC by working closely with the organisation

External Relationships
- Build and maintain strong relationships with industry peers

**Person specification
**Qualifications and experience**

**Qualifications **(indicate whether mandatory or desired)
- Tertiary qualification in a related field or equivalent experience _Mandatory_

**Experience **(minimum type and level of experience required to perform the role)
- Relevant risk experience, ideally gained within the insurance industry _Mandatory_
- Knowledge of technical insuran