principal insurance advisor

Department of Treasury and Finance

Job reference: 707225

Location: ADELAIDE

Job status: Short Term Contract

Eligibility: Open to Everyone

We are currently seeking applications for a Principal Insurance Advisor, to join the South Australian Government Financing Authority (SAFA) at The Department of Treasury & Finance for a period of 12 months

Remuneration: ASO7 – Salary Range ($108,109 - $116,864 p.a.).

About the opportunity:

The Principal Insurance Advisor will provide sound financial and risk management advice to SAFA and its government insurance clients and stakeholders. This involves providing advice on the development of insurance products and pricing to support the State as both a captive and last resort insurer, the provision of risk transfer advice to government agencies for state owned assets and liabilities, and working across government to place commercial insurance for major infrastructure works and other risks insured outside of the captive.

The Principal Insurance Advisor will also have the opportunity to support SAFA's across government policy advice on insurance availability and affordability, particularly in the context of increasing climate and litigation risk, and be involved in the modernisation of the underwriting, reinsurance, financial and risk management activities under the captive and other partner-insurer relationships managed by SAFA.

The Principal Insurance Advisor reports to the Manager, Insurance Services and has significant liaison with the Manager, Strategic Partnerships, Manager, Claims Services, and Insurance and Risk Management representatives of Government Agencies and Statutory Authorities insured with SAFA.

About you

To be successful you will have:

• Professional qualification in the insurance industry, or tertiary qualification in business, law, finance, commerce, economics, risk, compliance or a related discipline, or be studying for such qualifications. Insurance experience is valued but not essential.
• Demonstrated ability to think strategically and respond adaptively to the needs and emerging risks of the Government of South Australia, including the ability to identify and develop new business opportunities.
• Ability to understand the nature of Government or complex organisations and to respond appropriately to matters of political sensitivity.
• Demonstrated experience in the analysis of complex problems, formulating solutions and providing clear, concise and comprehensive recommendations, both verbally and in writing.
• Demonstrated experience in communicating effectively with a broad network of stakeholders including the provision of complex written advice, briefings and recommendations, and verbal presentations in both formal and informal settings.
• Proven ability to work autonomously, prioritise and organise work to achieve objectives within strict project or task timeframes with a minimum of supervision, including dealing with competing demands in a complex environment.

About us

• At the Department of Treasury and Finance we work together to ensure South Australia is a thriving, prosperous state now and into the future.
• We are the lead agency for economic, social and financial policy outcomes. We play a vital role in providing financial services to the community and economic and fiscal policy advice to the Government of South Australia.
• Our culture is one that welcomes all and we embrace flexibility and diversity. We believe people are our most valuable asset, so we work to support the skills, knowledge and capability of our staff.
• SAFA is the central financing authority, captive insurer and manager of the passenger and light commercial fleet operations for the Government of South Australia. It also provides extensive financial advisory services to the South Australian public sector.
• SAFA plays an integral role in the overall management of the State Government's finances and risks, harnessing economies of scale and expertise in financial and insurance markets to provide a range of treasury, insurance, advisory and vehicle fleet management services.

What we offer

• Flexible working options
• Salary packaging options
• Discounted gym membership
• Supportive career development opportunities
• Employee Assistance Program for you and your family
• Be Well Program

For a confidential discussion about the role please contact:

Name: Michael Gordon

Title: Acting Manager, Insurance Services

Tel:

Email:

Application Instructions:

To be considered, all applications must be submitted online via I Work for SA by clicking Apply and following the instructions.

Applicants are required to submit a Curriculum Vitae and covering letter (no more than two pages) addressing the key selection criteria and demonstrating suitability for the role. You are also required to provide details of 2 referees and complete a pre-employment declaration.

Applicants will be required to undergo the appropriate and relevant Employment Screening Assessment(s) required for this role.

The Department of Treasury and Finance is an Equal Opportunities employer committed to providing an inclusive workplace that embraces diversity and inclusion for all employees. We strongly encourage applications from people of Aboriginal and Torres Strait Islander descent, culturally diverse backgrounds, disability, all genders, and LGBTQI+ community. If you have any support or access requirements, we encourage you to advise us if invited to interview.

Applications close: 11/11/2025 11:45 PM