Funding Manager

You’re only human.   

It’s a strange thing to say, because us humans are capable of incredible things. And at Medibank, we know our greatest potential lies in the people who work with us.   

We strive to make real, fundamental change, driven by a simple purpose: to create the best health and wellbeing for all of Australia.  

Key purpose of the role: 

As a Health Funding Manager joining Medibank, you will lead the design and evolution of hospital funding models that support better health outcomes, sustainable care, and strong commercial performance across our provider network. 

Utilising previous strategic experience, you will:  

• Design, refine and implement hospital funding models across acute, mental health, rehabilitation and other services  

• Partner with contracting, strategy and analytics teams to shape funding approaches and provider relationships  

• Analyse performance, model financial impacts, and provide insights to inform business decisions   

• Translate complex data and funding concepts into clear, practical recommendations for stakeholders  

• Understands and articulates how hospital funding models contribute to key business outcomes including cost management, sustainability, value based care, contracting performance and member value. 

• Lead and develop capability within the team while driving continuous improvement and innovation   

Key skills/strengths: 

• Previous experience with health funding models is compulsory.  

• Extensive experience in analytics, economics, insights or other quantitative analysis ideally in Hospital or insurance setting  

• Tertiary qualification in statistics, data science, health informatics, economics/finance or similarly quantitatively oriented discipline. 

• Experience with machine learning/forecasting and other advanced analytical analysis 

• Strong analytical and problem-solving skills, with the ability to interpret complex data 

• Experience in modelling, economics, pricing or financial analysis (healthcare experience is essential 

• Ability to communicate complex ideas in a simple, clear way 

• Stakeholder management and collaboration across diverse teams 

• Curiosity and a drive to improve systems, processes and outcome 

• Ability to identify and develop commercial ideas and thinking that can substantially add value to Medibank’s businesses. 

• Experience developing with statistical software such as SAS 

Imagine working with us 

We understand that work means different things to everyone...  We know happy, healthy people make great teams, and great teams put more heart into each customer and patient interaction. And that’s why we’re reinventing work.    

Imagine a workplace that helps you and your family thrive.  Where connection, personal development and health and wellbeing are front of mind. To learn more about our benefits go to https://careers.medibank.com.au/culture/rewards-benefits/

For you, work should help you Live Better. It should bring you fulfillment and joy. And with Medibank, it could. 

Inclusion and Accessibility  

We believe in everyone's potential and strive to make Medibank inclusive for all because different perspectives make us better. We encourage 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/(please copy and paste the URL onto your browser)

Medibank proudly recognised as Best Enterprise Organisation, 2026 AFR BOSS Best Places to Work