Portfolio Manager

Job description:

You're only human.

It's a strange thing to say, because us humans are capable of incredible things. And at Medibank, we know our greatest potential lies in the people who work with us.

We strive to make real, fundamental change, driven by a simple purpose: to create the best health and wellbeing for all of Australia.

The Opportunity

Ready to shape the future of life insurance? We're building a high-growth portfolio powered by class-leading technology, ambitious thinking, and a team dedicated to excellence. If you thrive on solving big challenges, love variety, and want to make a tangible impact on customers' lives — this is your opportunity.

At Medibank and ahm Life Insurance, we are proud to be winners of Most Loved, Top Value and Legendary Service in the 2024 Finder Awards for Life Insurance - Direct. Now we're looking for a passionate and driven
Portfolio Manager – Life Insurance
to help us take our success even further.

The role

As Portfolio Manager – Life Insurance, you'll be at the forefront of growing our portfolio and bringing new ideas to life. Working closely with the Product Manager – Life Insurance, you'll help shape the strategy, drive initiatives from concept to delivery, and ensure our products stay competitive, relevant, and customer-focused.

Day to day this role will see you

• Turning insights into action — optimising our portfolio and delivering initiatives that drive sustainable growth.
• Bringing innovation to market — supporting the design and launch of new products and propositions.
• Driving adoption — finding new ways to connect life insurance with our Private Health Insurance members to meet more of their financial wellbeing needs, including making the most of our channels, including our retail store network.
• Creating advantage — leading the optimisation roadmap so our products continue to meet customer needs today and in the future.

This is a role with variety, pace, and impact — perfect for someone who loves solving problems, working with stakeholders across the business, and seeing the results of their work.

Now, who are you?

We're looking for someone who:

• Has solid experience in the life insurance industry and understands what drives value.
• Brings proven experience identifying opportunities and delivering product enhancements or improvements.
• Demonstrates strong financial and commercial acumen.
• Is a confident communicator who builds trusted, positive relationships with ease.
• Thrives in ambiguity, enjoys problem-solving, and is energised by growth.

If you don't tick every box but are excited by the challenge, we'd still love to hear from you — passion and potential matter just as much as experience.

Why Medibank and ahm?

We're passionate about health and wellbeing — for our customers and our people. That means flexibility in how and where you work, plus a team that's currently trialling a
4-day work week
to give you more time to focus on what matters most outside of work.

Just as important, our Life Insurance squad is passionate about professional growth. You'll be surrounded by experienced colleagues who value mentoring, sharing learnings, and creating opportunities for you to stretch and develop. With the portfolio and team continuing to expand, this is a role where you can grow your career as the business grows.

Here, you'll have the freedom to make your mark, the support of an ambitious team, and the opportunity to shape an evolving portfolio with huge potential.

Imagine working with us

We understand that work means different things to everyone...  We know happy, healthy people make great teams, and great teams put more heart into each customer and patient interaction. And that's why we're reinventing work.

Imagine a workplace where work didn't feel like work. A workplace where you could shape when and where you work to have more impact. Where flexible working isn't a buzzword, it's a reality.

Imagine a workplace that helps you and your family thrive.  Where connection, personal development and health and wellbeing are front of mind. To learn more about our benefits go to 

For you, work should help you Live Better. It should bring you fulfillment and joy. And with Medibank, it could.

Inclusion and Accessibility

We believe in everyone's potential and strive to make Medibank inclusive for all because different perspectives make us better. We encourage applications from everyone, including Aboriginal and Torres Strait Islander candidates, those with disabilities, and LGBTQIA+ community including transgender and gender diverse applicants.

For any adjustments or alternative formats during the recruitment process, please contact us at  To learn about our commitments and employee experiences, go to