Reinsurance Manager

2 weeks ago

Sydney, New South Wales, Australia NSW Government Full time $90,000 - $120,000 per year
  • Manage the reinsurance programs for the Treasury Managed Fund (TMF)
  • Location: Kent Street, Sydney
  • Permanent Role with flexible work arrangements

About the Role

The Reinsurance Manager will work in a team delivering significant value for schemes through its responsibility for Investments, Reinsurance and Capital Management. The Reinsurance Manager will be able to effortlessly and flexibly collaborate to perform key responsibilities and deliver outcomes.

Benefits

  • A corporate wellbeing program with subsidised gym membership, free flu vaccinations and health check programs.
  • icare day – access to an extra day's leave.
  • Comprehensive learning and development support aligned to icare's Core Capabilities.
  • Our People Awards - On-the-spot Recognition, Quarterly Values Awards & Our People Annual Awards.
  • Access to our Employee Assistance Program.

Responsibilities

It's an exciting time at icare where no two days are the same; as a Reinsurance Manager you will:

  • Develop, implement and manage the annual reinsurance renewal including strategies, process, marketing and engagement with internal stakeholders, and external partners, the Reinsurance Service Provider (RSP) and Re/insurers.
  • Be responsible for the optimisation of the reinsurance asset through management of claims recoveries, commutations and counterparty risk.
  • Evaluate business operations, service delivery and stakeholders need to develop and implement enhancements.
  • Provide input into papers/briefs for the Group Executive, Finance, ALCO (Asset and Liability Committee) and Board and/or Risk Committee (BRC) as required.
  • Act as a role model for icare values and business line charter.

Skills & Experience

  • Tertiary qualification in a relevant discipline.
  • Extensive experience (10 years +) in insurance or reinsurance operations across key functions.
  • Ability to understand insurance-based language for insurance and reinsurance arrangements.
  • Demonstrated effective collaboration skills across all stakeholders within teams, across teams and with external partners.
  • Knowledge of reinsurance underwriting and/or claims management that is relevant to the TMF.

Culture

We know our strength comes from the diversity of our people and would encourage people with different experiences and backgrounds to apply. We are committed to our people's development so the people of NSW can thrive.

About the Company

We care for the people of NSW, building confidence and trust so our communities can thrive. We make the complex simple, so our schemes deliver better outcomes for people and communities. Whether a person is severely injured in the workplace or on our roads, icare supports their long-term care needs to improve quality of life, including helping people return to work.

  • For more information about icare visit our website
  • icare operates a direct sourcing model so no agency introductions will be accepted
  • We are a Circle Back Initiative Employer – we commit to respond to every applicant
  • A talent pool may be created through this recruitment process.

Please note that you must be an Australian citizen, permanent resident of Australia, New Zealand citizen with a current New Zealand passport or have unrestricted working rights to apply for this role.

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