Portfolio Manager (Insurance)

at  Avant

About Avant
Avant is Australia’s leading medical defence organisation with a proud heritage of protecting Australian medical professionals for over 130 years.
Avant now represents 82,000 health practitioners and medical students across every state and territory, delivering market leading products and services to meet their professional, personal and practice needs. Building on this heritage, our vision is to be the most trusted professional partner in supporting doctors throughout their lives and careers.
As a mutual organisation, owned by members and run purely for their benefit, our members are at the centre of all we do. As well as providing products and services to our member, we play a broader community role by advocating for improvements in the healthcare system and in quality, safety and professionalism in medicine, through delivering education and research activities.

ABOUT THE ROLE:

This is a fixed term contract until 30th April 2025, working in our Medical Indemnity insurance Member Solutions team, leading the execution of portfolio strategies.
This role will primarily be responsible for leading the Portfolio Management function to deliver a financially sustainable portfolio of business. To make ‘best for business’ recommendations on risk, pricing and product, based upon critical and logical evaluation of appropriate information and a thorough understanding of Avant and the Medical Defense industry. There will also be the need to address suggestions and/or solve any problems identified by members through the ideation, testing and support of the implementation of innovative products and services.

Key responsibilities are

• Support the development and lead the execution of portfolio strategies, incorporating insights from market, competitors, and customer research, and ensuring it is appropriately reflected
• Contribute to the setting of risk appetite for the products and portfolios within the role remit in line with the risk appetite statement and ensure adherence to the risk appetite
• Drive continuous monitoring of trends and growth opportunities
• Ensure core Medical Indemnity products are market leading, simplify and align (draft in Plain English) with the policy wordings.
• Manage the process of iteration of products while lifting the level of understanding of Medical Indemnity and other insurance products and the interplay with other Avant products and services
• Communicate to relevant stakeholders findings and recommendations arising out of the portfolio analysis and clearly articulate risk management policies and metrics;
• Ensure that management information reports are of a quality and consistency to meet the needs of the Executive Team and Boards;
• Assist the Head of Member Design, Product and Portfolio to develop portfolio research processes which enhance the research value-add components in business decisions

TO BE SUCCESSFUL IN THIS ROLE YOU WILL HAVE:

• Previous demonstrated portfolio management experience gained within general insurance or banking/finance
• Excellent stakeholder and relationship management skills
• An open mind that ‘thinks outside the box’ throughout the design process
• People leadership experience
• Ability to develop business cases supporting new product concepts incorporating member perspective
• Ability to present or report on complex matters to non-technical audiences
• Excellent communication and presentation skills, both written and verbal.
  We have a diverse and connected work environment where your contribution and ideas will be valued and respected and make a real difference to the lives of others.
  For further information, please contact Sue Allen, Talent Acquisition Business Partner on 0429 404 856
  Why work at Avant?
  At Avant, our people are the centre of everything we do for our members. We offer a range of benefits and opportunities to enable you to make a difference, learn, and grow in your career.
  We value our people by offering an inclusive workplace with a diverse range of benefits, flexible working options, career development, and internal mobility opportunities. Our flexible working arrangements are designed to enable genuine work-life balance.
  Your development is our priority and we have a variety of learning and development programs that will support you in your career.
  We offer support to our people via Employee Assistance Program (EAP), Health and Wellbeing programs, Tertiary Education Sponsorship and Support.
  We have a diverse and connected work environment where your contribution and ideas will be valued and respected and make a real difference to the lives of others.
  For further information, please contact our Careers team at careers@avant.org.au.
  Please note: Avant Mutual is a vaccinated employer. Prior to the commencement of your employment by Avant, you are required to be fully vaccinated against the Covid-19 virus or have a medical certificate stating that you cannot receive a Covid-19 vaccination for valid medical reasons