AddressBe bold and creative in this rare opportunity to join the MAV as the Principal Advisor, LMI Scheme Performance to support the MAV’s delivery of a public liability and professional indemnity mutual insurance scheme to the local government sector.
As the Principal Advisor, LMI Scheme Performance, you be responsible for providing expert advice to the General Manager, Insurance, and other executives within the MAV, on the performance of the LMI scheme. In addition to this, you will provide support in the oversight of the contract management with its largest provider, assist in the placement of the scheme’s reinsurance program, and assist in the management of the scheme’s core administration (including finance).
You will drive enhancement to the analytics on the scheme’s claims performance and work with the scheme’s actuaries to better understand its financial position, key sensitivities and develop practical strategies to improve its financial and operation performance. You will possess, or demonstrate the capacity to develop, an understanding of the local government sector’s key liability risks, emerging risks and how these can effectively be mitigated.
The Principal Advisor, LMI Scheme Performance will support the General Manager in the development and implementation of a reinsurance strategy, including the oversight of the reinsurance placement of around 20 internationally based reinsurers.
To be successful in this position, you will have experience in public liability and/or professional indemnity insurance across underwriting, broking or claims. You will have exceptional contract management skills and exhibit commercial acumen to assist with the management of the scheme’s various vendors. An exposure to and understanding of actuarial methods for long-tailed insurance lines is preferable but not mandatory.
Ideally, you have experience in collecting, managing and analysing business data. You also possess an ability to research, analyse and provide clear written and verbal advice and briefings on relevant issues, including preparation of written briefings, submissions and reports to senior management and Boards.
This position is located at 1 Nicholson Street, East Melbourne, adjacent to Parliament Gardens. We offer a welcoming, healthy and inclusive workplace and a hybrid model of working from the office and working from home.
For a copy of the position description, please visit www.mav.asn.au/who-we-are/organisation/work-for-us.
Applications close on Tuesday, 21 May at 5.00pm. Please submit your application to **************@mav.asn.au with the following:
- A cover letter of no more than two pages addressing the key selection criteria.
- Curriculum vitae (maximum three pages).
The MAV reserves the right to hire a suitable candidate before the closing date.
