Location: Melbourne - CBD and Inner Metro suburbs

Reference: VG/1953703

Join VMIA, the Victorian Government’s insurer and risk adviser, as Product Manager – Property & Casualty. Lead a team of product specialists to deliver contemporary, financially sustainable insurance solutions that meet evolving client and sector needs. Oversee the end-to-end product lifecycle, pricing models, underwriting standards and portfolio performance, while contributing to reinsurance strategy and strong governance. Collaborate across VMIA and build trusted relationships with clients and insurance partners. Bring experience in insurance, product, broking or underwriting, strong Property and Casualty expertise, proven people leadership and commercial acumen. Relevant tertiary qualifications and ANZIIF certification or equivalent are required. Help build a confident, resilient Victoria.

Victorian Managed Insurance Authority (VMIA)

Job Title – Product Manager – Property & Casualty
Work Type – Full Time/Part-Time, Ongoing/Contract

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 superannuation.

- Hybrid work environment: Enjoy a mix of office and flexible work arrangements that support connection and collaboration. You'll spend the majority of your working week in our 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, providing 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 robust 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 leaders across the Risk, Insurance and Claims Solutions division 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

- Experience in insurance, product, broking or underwriting roles, with a demonstrated record of leadership and delivery.

- S trong 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 su

📌 Product Manager (Melbourne)
🏢 Victorian Government
📍 Melbourne