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About the Role

This role plays a key part in strengthening Medibank's oversight and management of strategic and financial risks, helping to ensure business objectives are achieved within risk appetite while supporting long-term organisational resilience and performance. You will partner with stakeholders across the business to provide specialist strategic and financial risk advice, independent oversight and constructive challenge. You will support the ongoing evolution of Medibank's strategic and financial risk frameworks, while contributing to key enterprise risk initiatives and decision-making processes.

Responsibilities

Support the development and continuous improvement of strategic and financial risk frameworks, methodologies, risk appetite measures and reporting practices.
Provide independent oversight and constructive challenge on strategic initiatives, business plans, portfolio performance, projects, investments and emerging risk exposures.
Facilitate and support strategic and financial risk assessments, workshops and scenario analysis activities.
Monitor strategic and financial risks, emerging trends and external developments that may impact Medibank's objectives and performance.
Consider climate-related risks as part of the risk taxonomy, assessment methodology, reporting and integration with financial risk oversight, where relevant.
Conduct horizon scanning and risk analysis to identify opportunities and threats arising from market, regulatory, technology and competitive changes.
Prepare high-quality risk insights, reporting and governance materials for senior leaders and risk committees.
Partner with business stakeholders to embed strategic and financial risk considerations into planning, decision-making and execution monitoring processes.

Requirements

Demonstrated experience in Strategic Risk, Financial Risk, Enterprise Risk Management or related disciplines within a heavily regulated industry such as banking, insurance, health insurance or broader financial services.
Experience working within, or partnering closely with, Second Line Risk functions in an APRA-regulated environment.
Knowledge and understanding of climate risk, or a strong willingness to rapidly upskill in climate risk.
Strong understanding of enterprise risk management principles, risk appetite frameworks and strategic risk oversight practices.
Experience facilitating risk assessments, workshops, scenario analysis and emerging risk activities.
Ability to analyse complex information, identify key risk themes and communicate insights to a range of stakeholders.
Strong stakeholder management, influencing and communication skills, with the ability to build credibility and provide constructive challenge.

Skills

Strategic Risk
Financial Risk
Enterprise Risk Management
Climate Risk
Risk appetite frameworks
Stakeholder management
Influencing
Communication

Work Type

12 Month Fixed-Term Contract

Benefits

Connection, personal development and health and wellbeing are front of mind.
A workplace that helps you and your family thrive.

About the Company

Medibank strives to make real, fundamental change, driven by a simple purpose: to create the best health and wellbeing for all of Australia.
Medibank proudly recognised as Best Enterprise Organisation, 2026 AFR BOSS Best Places to Work

Equal Opportunity

Medibank believes in everyone's potential and strives to make Medibank inclusive for all because different perspectives make us better.
Encourages applications from everyone, including Aboriginal and Torres Strait Islander peoples, neurodivergent candidates, LGBTQIA+ community including transgender and gender diverse candidates and candidates with a disability.
If you need adjustments or alternative formats at any stage of the recruitment or employment journey, we’re here to help.
You can let us know directly in the application form, or if you’d prefer to discuss before applying, please reach out to us careers@medibank.com.au or (03) 8622 5666.
Learn more about our commitments and employee stories at https://careers.medibank.com.au/diversity-inclusion/