Team Restructure for Insurance
Plans and executes organizational changes to team structure, reporting lines, and role responsibilities.
Aligns with ASIC regulatory requirements, General Insurance Code of Practice, and AFSL obligations. Includes audit trail provisions.
Workflow Stages
Restructure Planning
Define the target organizational structure, role changes, and transition plan.
Inputs
- Business case for restructure
- Current organizational chart
- Budget constraints
Outputs
- Target structure design
- Role mapping (current to future)
- Transition timeline
HR and Legal Review
Review the restructure plan for legal compliance, employment law considerations, and risk mitigation.
Inputs
- Target structure design
- Employment contracts and agreements
- Legal and regulatory requirements
Outputs
- Legal compliance assessment
- Risk mitigation plan
- Communication strategy approved
Decision Points
- • Are there redundancy or redeployment implications?
- • Is a consultation process required?
Leadership Communication
Brief all people managers affected by the restructure on the changes, rationale, and their role in the transition.
Inputs
- Restructure plan
- Manager talking points
- FAQ document
Outputs
- Manager briefings completed
- Manager questions addressed
- Communication timeline confirmed
Employee Communication
Communicate the restructure to all affected employees with transparency about impacts and next steps.
Inputs
- Approved communication plan
- Individual impact letters
- Support resources information
Outputs
- Employees notified
- Individual conversations completed
- Support referrals made as needed
Transition Execution
Implement the structural changes including reporting line updates, role transitions, and system changes.
Inputs
- Role mapping document
- System update checklist
- New reporting structure
Outputs
- Reporting lines updated
- System access adjusted
- New team assignments effective
Post-Restructure Review
Assess the effectiveness of the restructure and address any unresolved concerns.
Inputs
- Employee feedback
- Operational metrics
- Manager observations
Outputs
- Post-restructure assessment report
- Corrective actions if needed
- Lessons learned documented
Frequently Asked Questions
What support is available for affected employees?
The company provides access to career coaching, resume assistance, internal transfer opportunities, and an employee assistance program.
How are employees selected for new roles?
Selection is based on skills, experience, performance history, and business needs. Employees may be asked to apply or interview for new roles depending on the scope of changes.
Will restructuring result in layoffs?
Not all restructures involve layoffs. The goal is to redeploy talent wherever possible. If positions are eliminated, affected employees receive support including severance and outplacement assistance.
Ready to implement this workflow in your business?
Our team can implement this workflow into your business operations with custom tools and training.