- Salary
- A$208.1K–A$231.3K
- Hiring from
- Australia
- Work type
- Hybrid
- Posted
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Victorian Managed Insurance Authority (VMIA)
Job Title – Product Manager - Property & Casualty
Work Type – Full Time, Ongoing
Help build a confident, resilient Victoria as VMIA’s Product Manager - Property & Casualty. Lead a team of specialists to shape insurance solutions that meet our clients’ evolving needs, in a collaborative, purpose-driven workplace that values expertise, inclusion and continuous improvement.
Key highlights
Salary Range - $208,094 - $231,265 (total remuneration package inclusive of super).
Hybrid work environment – Enjoy a mix of office and flexible work arrangements, fostering connection and strengthening networks. The majority of your working week will be in our collaborative CBD office.
About the role
VMIA is the Victorian Government’s insurer and risk adviser, covering the people, places and projects that help Victorians thrive. Our purpose is to build a confident, resilient Victoria through world-leading harm prevention and recovery. As our Product Manager - Property & Casualty, you’ll lead a team of product specialists to develop and manage insurance products that meet the evolving needs of our clients and sectors.
Reporting to the Head of Product Centre within the Risk, Insurance and Claims Solutions division, you’ll oversee the end-to-end product lifecycle, pricing models, underwriting standards and portfolio performance. You’ll combine technical insurance expertise with people leadership to ensure our products remain contemporary, scalable and financially sustainable.
Key responsibilities
Lead the end-to-end insurance product lifecycle, from development and implementation through to review and retirement.
Ensure products respond to client and sector needs, changing risk profiles, policy direction and emerging risks.
Prioritise product improvements using data, market insights and feedback from clients and internal teams.
Support the development and oversee the maintenance of pricing models, underwriting tools and product documentation.
Monitor portfolio performance and use analysis to improve pricing, risk assessment and product outcomes.
Lead complex underwriting and pricing decisions for individual risks, and provide specialist advice on complex insurable risks.
Contribute to VMIA’s reinsurance strategy, program design, submissions and marketing activities, while maintaining relationships with key reinsurance partners.
Collaborate across the business to align products with operational systems, processes and capability requirements.
Maintain strong governance, compliance and risk management practices, including identifying and addressing risks, issues and incidents.
Lead, coach and develop product specialists, setting clear expectations and supporting performance, professional growth and wellbeing.
Who you work with
You’ll work closely with the Head of Product Centre and colleagues across VMIA’s Government, Health, and Infrastructure & Energy Sector Practices, Claims Practice, Service & Delivery, Actuarial, and Insight & Analytics teams. You’ll also collaborate with RICS leaders and cross-functional project teams to deliver effective product solutions. Externally, you’ll build trusted relationships with VMIA clients, reinsurance brokers and providers, professional associations and insurance market forums.
What we are looking for
Strong experience in insurance, product, broking or underwriting roles, with a demonstrated record of leadership and delivery.
Strong technical knowledge of Property and Casualty insurance, including commercial insurance coverage, policy terms, conditions and exclusions.
A sound understanding of reinsurance markets and program structures, with the ability to support value-for-money outcomes.
Experience working with or advising public sector clients, particularly within the Victorian Government context.
Demonstrated experience leading, coaching and developing high-performing teams.
Strong client and stakeholder relationship skills, with the ability to understand needs, provide clear advice and build trust.
Commercial acumen and strong data and business analysis skills to inform pricing, product and portfolio decisions.
Exposure to digital insurance tools or product innovation initiatives.
Established relationships across the insurance industry and a commitment to sharing knowledge and strengthening capability.
A collaborative leadership approach that promotes accountability, inclusion and continuous improvement.
Why join VMIA?
At VMIA, we believe diversity drives innovation. We are committed to creating an inclusive environment where everyone feels valued and empowered to contribute their unique perspectives.
We offer:
Flex work: Hybrid working to support your best performance.
Parenting support: Generous parental leave (16 weeks paid parental leave after six months of service for primary carers and 4 weeks for secondary carers).
Learning & Development: Annual investment ($2,500) in your growth, with in-house training, and LinkedIn Learning access in addition.
Wellbeing: Wellness sessions, Employee Assistance Program (EAP), and ergonomic support.
Culture & Lifestyle: Iconic office location, volunteer leave and life-stage support.
VMIA encourages applications from candidates of all backgrounds, including Aboriginal and Torres Strait Islander peoples, individuals with disabilities, culturally diverse communities, and members of the LGBTQIA+ community.
How to apply
We invite you to submit your CV and a cover letter. Use these to introduce yourself, highlight your fit for the role, and share why you are excited about joining VMIA. For any questions about the role or application process, please contact us at talentacquisition@vmia.vic.gov.au.
At VMIA, we are dedicated to fostering an inclusive workplace. We warmly welcome applications from people of all gender identities, Aboriginal and Torres Strait Islander peoples, individuals with disabilities, and those from culturally diverse backgrounds.
If you have any accessibility needs during the recruitment process, please let us know at talentacquisition@vmia.vic.gov.au.
Other relevant information
Before starting at VMIA, preferred candidates will complete pre-employment screenings. These assessments may include:
Working Eligibility: Verification of your right to work in Australia.
Employment History: Confirmation of your past employment details including employment dates and compensation.
Academic Credentials: Verification of your educational qualifications to ensure they are accurate and legitimate.
National Criminal History Check: A check for any criminal record, which may involve manual vetting by ACIC, potentially causing delays.
Pre-employment Misconduct Check: Used to verify the identity, integrity, and credentials of potential employees and verifies no past misconduct.
Financial Background Checks: Applicable for certain roles, such as Heads of Departments and Finance team members.
We value a collaborative work environment, so employees are expected to spend the majority of your working week in the office. Candidates from interstate must be willing to relocate to Victoria.