Actuarial Analyst
This role provides technical support to other team members across all key actuarial processes including regulatory reporting, capital management, actuarial valuations, experience monitoring and product development.
About the Role
* Regulatory Reporting: Prepare required actuarial inputs for regulatory reporting, including monthly outstanding claims liability estimation and quarterly onerous contracts test.
* Capital Management: Calculate and report 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 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 seeking 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
* 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 program.
* 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 various businesses.
* Available access to LinkedIn Learning courses through our learning platform.
Seniority Level
* Associate.
Employment Type
* Full-time.
Job Function
* Accounting/Auditing, Analyst, and Finance.
* Banking, Financial Services, and Insurance.