Share this Job

Senior Manager - Life Insurance

Job Requisition Number:  7921
Date:  13-May-2022


Will you actively create a healthier future for tomorrow?


At Medibank we’re encouraged to think big. We have a clear purpose to impact better health outcomes for our customers, patients and our community.


We celebrate diversity of thought because we want to make better decisions for our customers. As we work towards our goal of better health for better lives, we value the knowledge and contribution of Aboriginal and Torres Strait Islanders. We are working hard to create an inclusive workplace and develop Indigenous careers.


About the role  

We are looking for a Senior Product Manager – Life Insurance to own the portfolio P&L, management of commercial partnerships and negotiation, product & proposition development, product delivery & implementation, market share growth and profitability of Medibank and ahm’s Life Insurance portfolio. 


Your impact  

In this role you will provide added value to our customers through the delivery of high-quality products and services that complement Medibank and ahm’s Private Health products. This will include the development and delivery of a product strategy and roadmap to achieve mutually beneficial outcomes for our customers and our stakeholders. 


Key responsibilities include: 

  • Growth and commercial strategy development for the Life portfolio to support Medibank’s overall business objectives and strategic pillars. 

  • Develop and deliver upon growth targets for the business including new joins, retention, member penetration and financial metrics. 

  • Partner relationship and commercial management of suppliers including contract negotiation. 

  • Growth of PHI member penetration and PHI retention through adoption of relevant Financial Products.  

  • Create strategic portfolio roadmap to deliver agreed growth targets and a product development opportunities designed to better meet customer needs and Medibank’s business objectives.  


Your strengths and experience  

We are looking for an experienced life insurance product owner who is excited to roll up their sleeves, get to know our customers and apply their knowledge of the life insurance industry to make an impact. You own your work and are always looking for new ways to deliver value to our customers and the business. With a drive to deliver results, you often surpass goals. 

Your ability to get in the detail, understand business drivers and ability to analyse and report on your products will set you up for success in this role. You have honed stakeholder engagement skills with the ability to work in cross functional teams to build new product concepts and campaigns. 


A career with us

At Medibank, we believe work is something we do, not somewhere we go. Our modes of working – Collaboration, Connection and Concentration – help inform how your day is structured and where you choose to work will vary, depending on your role and requirements.


The wellbeing of our employees is our priority. We encourage you to talk to us about any adjustments or additional support you may require during the recruitment process, as well as how this role can be flexible for you. Virtual interviews are always on offer and will not adversely impact your application.


All employees who may attend a worksite or any face-to-face work-related activity will be required to be fully vaccinated for COVID-19 as a condition of employment.


We offer a range of great benefits such as subsidised private health insurance, rewards and discounts, and health and wellbeing initiatives. To find out more click here.


To start small and impact bigger.

Job Segment: Manager, Product Development, Product Manager, Senior Product Manager, Insurance, Management, Research, Operations