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Insurance Analyst

3 weeks ago


Melbourne City Centre, Australia Department of Treasury & Finance Full time

About us
The Department of Treasury and Finance provides economic, financial and resource management advice to help the Victorian Government deliver its policies. We strive for excellence in financial and economic management to improve the lives of all Victorians.
Financial Assets and Liabilities (FAL) Group
The Financial Assets and Liabilities (FAL) Group is responsible for providing advice and reports on the State's financial assets, liabilities and associated financial risks.
This includes the State's investments, debts, superannuation and insurance claims liabilities, and guarantees. The FAL Group is also responsible for the regulation of not-for-profit, non-government housing agencies, providing governance and prudential oversight of the State's Public Financial Corporations (PFCs), and coordinating the financial and budgetary reporting for the State's PFC sector.
The FAL Group is made up of the Balance Sheet Management Team and Financial Policy Team.
About the role
We have an ongoing opportunity available reporting to the Principal Insurance Specialist, Financial Policy Team. As the Insurance Analyst, Financial Policy you will be working within the Financial Policy Team whose responsibilities are focussed on providing oversight and policy advice to government on the management of the State's public sector superannuation and insurance liabilities, and related assets.

**Key accountabilities include**:

- Undertaking research and analysis to support the Department's input into the development of policy initiatives related to the financial management and sustainability of the State's insurance agencies (i.e. WorkSafe, the Transport Accident Commission (TAC) and the Victorian Managed Insurance Agency (VMIA)).
- Obtain and interpret relevant data and modelling to analyse and assess various policy proposals.
- Assist with the preparation of briefings on various policy initiatives and financial analysis associated with the State's insurance agencies.
- Contributing to the review of corporate planning documents, performance reporting against these plans and the analysis of financial data that the State's insurance agencies provide for inclusion in the State's financial reports. Exposure to the State Resource Information Management System (SRIMs) is desirable.
- Build and maintain positive and effective relationships with key stakeholders and attend stakeholder meetings as required.

About you
To be considered for the role, you must be able to demonstrate:

- Strong analytical skills and the ability to review policy issues with significant financial implications.
- An understanding of public sector policy development and/or Australian workers' compensation or transport accident schemes is desirable.
- Strong organisational skills with a proven ability to manage time effectively and meet tight deadlines.
- Effective written and verbal communications skills that include the ability to prepare clear, concise and accurate reports, briefings and presentations.
- An appropriate tertiary qualification in accounting, economics, finance or a related field.

About our culture
We aim to be a model employer providing an inclusive workplace that is understanding and respectful of differences such as gender, identity, race, disability or age. In addition, we are committed to supporting Aboriginal pathways between education and employment.
The Department strives to create an environment that supports a flexible and adaptive workforce. All requests for flexible working arrangements will be considered in line with operational requirements.
How to apply
Covid-19 Vaccination
DTF is committed to providing and maintaining a working environment which is safe and without risk to the health of its employees and clients and consistent with the department's obligations under the Occupational Health and Safety Act 2004 (OH&S Act). To support this DTF has a COVID-19 Vaccination policy which strongly recommends all DTF employees be fully vaccinated.