Manager, Insurance Performance & Pricing

Job Description

Manager, Insurance Performance & Pricing As one of Australia's largest profit-for-members superannuation funds, we always remember whose money it is and whose future we're looking after. We work to reimagine a new way forward for our 1.1 million members and their communities. Each other. And our world. Sound good? Learn more about us and what we do at awaresuper.com.au Your New Role This role is responsible for the financial performance monitoring, management, and improvement of our insurance arrangements, with a focus on premium sustainability, market competitiveness, and growth. The position reports to the Senior Manager, Insurance and involves collaboration across various teams to deliver great member outcomes. Key responsibilities include: Governance of insurance fees and costs, including documentation and maintenance of the Insurance Sourcing Model Lead regular reviews to ensure competitive premiums and costs for members Manage the insurance reserve and profit share arrangements Oversee premium calculations, payments, and reconciliations Benchmark the affordability of automatic insurance for members Develop and implement an insurance data management strategy Lead reviews with insurers to monitor claim admittance rates and loss ratios Source, prepare, and review insurance data reported to the Regulator Lead insurance analytics initiatives and develop external data partnershipsMonitor industry developments and competitors to identify opportunities How do you exceed our expectations? The idea of being part of our growth is exciting and you want to play a pivotal role in making super simple.Fellow of the Institute of Actuaries Australia (or equivalent) with proven life insurance experience Tertiary or post-graduate qualifications in Commerce, Economics, Finance, Management, or related discipline Extensive knowledge of contemporary insurance pricing practices and strategies Experience in insurance tenders, pricing, reinsurance, and actuarial calculations Strong analytical, technical, and problem-solving skills Proven negotiation skills and experience influencing stakeholders Experience preparing Committee and Board level reporting In-depth knowledge of the superannuation and wealth management industries Strong delivery and execution skills You are balanced in accepting risk in any decision you face. You are curious to understand risk context and choose to speak up as we simplify, learn and grow. Employee Experience We understand that not everyone works in the same ways. We value flexibility and know that it helps you manage work and life. Why you’ll love working at Aware Super: Have a super impact: You’ll think big and care deeply to help more Australians live their best lives in retirement. Be part of something super unique: You’ll work to reshape super and retirement. We’ll invest in your growth and give you the opportunity to work on career-defining projects. Work with super humans: You’ll work hard and innovate, but also have some fun along the way. Feel super cared for: We’ll support your wellbeing today, as well as in the future. Enjoy a health & fitness reimbursement, work from home technology reimbursement, salary continuance insurance and organisation-wide meeting free zones. The Aware Super difference At Aware Super, we believe that diversity of thought, background and experience creates better outcomes for our members and communities and a stronger sense of belonging for our people. We value a diverse workplace and strongly encourage women, Aboriginal & Torres Strait Islander people, people with cultural and linguistic diversity, LGBTQIA+ individuals, people with disabilities, and mature-age individuals to apply. We are proud to be consistently recognised as an Employer of Choice for Gender Equality and our CEO, Deanne Stewart, is a Pay Equity Ambassador. #J-18808-Ljbffr