**Applications Close: 30th June 2025**
**Location: Melbourne**
**Salary**:$76,000 to $89,000 + super**
**Join us and let's make a bigger difference together.**
Established in 1840, we're Australia's first member-owned wellbeing company. Today we have over $1 billion in revenue and provide smart solutions and services to more than 700,000 Australians. We employ over 7000 people and our purpose is to **Help People to Thrive**.
It's an exciting time to be joining Australian Unity - we have grown significantly over recent years and are transforming to capitalise on further growth opportunities to help our customers and employees thrive. We operate with commercial principles and with a strong social purpose to create community value. Australian Unity is proud to be an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
**Our opportunity**
To provide technical support to other team members across all key actuarial processes including regulatory reporting, capital management, actuarial valuations, experience monitoring and product development.
Your key accountabilities will include (but not limited to);
- **Regulatory reporting**: Monthly outstanding claims liability estimation, quarterly onerous contracts test and prepare required actuarial inputs for regulatory reporting
- **Capital Management**: Calculation and reporting of capital adequacy metrics in accordance with regulatory requirements, as well as assess investment liquidity for portfolio management and cashflow purposes
- **Experience Monitoring**: Prepare monthly and quarterly experience monitoring reports, support the production of the annual financial condition report and identify opportunities for and implement process improvements
- **Annual Premium Round**:Assist in the annual premium round process by providing analytical, data reconciliation and technical review support
- **Product pricing & changes**:Provide analytical support for product pricing/ benefit costing, including extracting and analysing data, preparing projections and preparing actuarial assumptions documentation
- **Projects**: Assist in one-off projects where actuarial or analytical support is required
**About you**
We are searching for a professional who will join us in striving to live our values of bold, warm and honest, in everything we do.
Your expertise and qualifications will include:
- Tertiary qualifications in commerce, statistics or actuarial science. Other disciplines may also be considered.
- Completed or nearly completed Part I of actuarial accreditation (Foundation Program or equivalent).
- At least 12 months relevant work experience in the Private Health Insurance industry
- High proficiency in Excel, Word and Powerpoint
- Coding experience in VBA, SQL, R and SAS
- A process and change agent mindset with strong organisational abilities.
- Customer service focused with experience dealing with suppliers and internal managers.
**What's on Offer**:
You will enjoy a range of great employee benefits and rewards including:
- Competitive salary + bonus program
- Enjoy additional yearly Well-Being and Community leave days
- 14-week paid parental leave, with equal benefit for both parents PLUS our Bump to Baby
- Employee Referral Program
- Employee Assistance Program - support and assistance for you and your partner at those times in life when you need it most
- Maxxia Rewards - a great range of discounts and benefits at selected retail outlets, department stores, attractions, travel, cinemas, restaurants.
- Discounts across the Australian Unity business including Private Health Insurance, General Insurance + more!
- Available access to LinkedIn Learning courses through our great Learning platform
**Where to from here?