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Accounting in Australia

BAO3316
The Practicing Accountant & Technology

First Assignment – Semester 2/2003




BAO3316 The Practising Accountant & Technology

Background

For the last 6 years, I have been employed within the WorkCover Division of a claims management company, that being Wyatt Gallagher Bassett Workers Compensation P/L (WGB).

To understand my current role, some background information regarding the WorkCover industry in Victoria needs to be provided. In Victoria, the State Government controls the WorkCover scheme. The government body that oversees the WorkCover scheme is the Victorian WorkCover Authority (VWA). The administration of the system is performed by a select number of claims specialists/insurance companies who have successfully tendered for a licence from the VWA. The role of these companies is to act as agents to the VWA, this role involving answering premium queries, managing claims, collecting premium, etc. on behalf of the VWA.

My Position – Premium Accou...

Posted by: Anthony Pacella

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