Senior Insurance Risk Manager | Second-Line Oversight

Avant Mutual; Sydney; Hybrid; AUD 140,000 - 190,000; Full time

Benefits offered by this job

Flexible hybrid working

Professional development opportunities

Competitive remuneration and benefits

Job summary

Avant Mutual is seeking a senior risk professional to provide independent second-line oversight across its medical indemnity insurance activities in Australia. You will work with underwriting, pricing, claims, reinsurance and actuarial teams to identify and manage risk within appetite while assisting decision-making and regulatory compliance.

Reporting to the General Manager, Group Risk & Compliance, you will strengthen risk practices, support governance forums and deliver insightful risk advice

Qualifications

• 7+ years' experience in risk management within financial services, ideally Line 2.
• Experience in APRA-regulated environments such as insurance, banking or super.
• Exposure to underwriting, pricing, claims, reinsurance or actuarial processes.
• Strong risk/control assessments, issue management and assurance experience.
• Knowledge of APRA CPS 220 and CPS 230.
• Excellent stakeholder engagement and business partnering skills.
• Strong analytical ability to translate risk issues into practical recommendations.
• Professional qualifications such as RMIA, ANZIIF, FIAA, CA or similar are highly regarded.

Responsibilities

• Provide independent second-line oversight across underwriting, pricing, claims, reinsurance and reserving.
• Lead risk and control assessments, assurance reviews and control testing.
• Support enhancement of Avant's Risk Management Framework and policies.
• Monitor appetite, KRIs and emerging risks across the insurance business.
• Partner with leaders to provide practical risk advice with independent judgement.
• Prepare risk reporting and committee papers for executive and Board audiences.
• Assess regulatory developments and industry trends impacting the business.

Skills

Risk management

Stakeholder engagement

Analytical capability

Communication skills

Business partnering

Education

Commerce/Finance/Risk qualification

Job description

Avant Mutual is seeking a senior risk professional to provide independent second-line oversight across its medical indemnity insurance activities in Australia. You will work with underwriting, pricing, claims, reinsurance and actuarial teams to identify and manage risk within appetite while assisting decision-making and regulatory compliance.

Reporting to the General Manager, Group Risk & Compliance, you will strengthen risk practices, support governance forums and deliver insightful risk advice