Description:
As the Principal Advisor, you will drive strategic and operational initiatives to monitor and enhance the performance of scheme insurers. Your expertise will help ensure compliance with legislative and government policy requirements, with a focus on licensing self-insurers and supporting business improvement initiatives.Working collaboratively with key stakeholders, including OIR senior management, you will develop strategies to improve insurer claims and rehabilitation practices, ultimately improving return-to-work outcomes. This role will also see you contributing to the ongoing development of regulatory frameworks and engaging with insurers on licensing and compliance matters.
Are you ready to make a real impact in the regulation of workers' compensation insurers? Join our team as a Principal Advisor - Insurer Licensing & Performance, where you'll play a vital role in ensuring compliance, improving insurer performance, and protecting the rights of injured workers.
About The Role
As the Principal Advisor, you will drive strategic and operational initiatives to monitor and enhance the performance of scheme insurers. Your expertise will help ensure compliance with legislative and government policy requirements, with a focus on licensing self-insurers and supporting business improvement initiatives.
Working collaboratively with key stakeholders, including OIR senior management, you will develop strategies to improve insurer claims and rehabilitation practices, ultimately improving return-to-work outcomes. This role will also see you contributing to the ongoing development of regulatory frameworks and engaging with insurers on licensing and compliance matters.
Key Responsibilities
- Performance Monitoring & Compliance: Review and analyse insurer performance using risk-based frameworks, ensuring regulatory compliance and continuous improvement.
- Risk & Issues Management: Identify and research emerging risks and contentious issues, preparing licensing briefings and reports.
- Strategic Development: Contribute to the enhancement of regulatory strategies, operational policies, and process improvements.
- Stakeholder Engagement: Build and maintain strategic relationships with internal and external stakeholders, communicating with influence and negotiating persuasively.
- Policy & Regulation: Provide expert advice on self-insurance and regulatory trends, representing WCRS in discussions with key stakeholders.
- Project & Resource Management: Lead and participate in projects related to selfinsurance and regulatory compliance within budget constraints.
- Team & Culture: Foster a culture of accountability and continuous improvement within the team, upholding the values and vision of OIR.
We're seeking a motivated professional with a strong background in regulatory compliance, licensing, finance, or policy. Your ability to navigate complex regulatory environments, engage with stakeholders, and drive positive change will be key to your success in this role.
Key Capabilities
- Expert Knowledge: In-depth understanding of workers' compensation schemes, regulatory practices, and insurer performance management.
- Results-Driven: Ability to manage multiple priorities efficiently, making informed decisions under pressure.
- Relationship Management: Strong communication and negotiation skills, with experience liaising with insurers and key stakeholders.
- Integrity & Leadership: Demonstrated ability to uphold professional standards and contribute to a collaborative and high-performing team environment.
- Strategic Thinking: Proactive approach to identifying industry trends and advising on regulatory improvements.
- Impactful Work: Play a crucial role in improving insurer performance and supporting injured workers.
- Collaborative Environment: Work alongside industry experts in a supportive and inclusive team.
- Career Growth: Opportunities for professional development and career advancement.
- Flexible Work Arrangements: A workplace that values work-life balance and flexibility.
If you're passionate about making a difference in workers' compensation regulation, we'd love to hear from you! Submit your application, including a 1-2 page application addressing the key criteria for the role and your resume via the smart jobs link below
Applications to remain current for 12 months.
Job Ad Reference: QLD/628128/25
Closing Date: Tuesday, 8 th April 2025
Occupational group Auditing & Compliance
25 Mar 2025;
from:
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