Posted: 07/01/2026
Closing Date: 06/02/2026
Job Type: Permanent - Full Time
Location: Sydney office
Job Category: Shared Services
This is a new opportunity in a growing actuarial team. This role will be responsible for performing actuarial calculations and will contribute to key financial decisions by the business. They will also play a pivotal role in assisting the actuarial team to accelerate the in-housing of actuarial models and valuation/capital processes.
Job Description
Key Accountabilities
* Valuation and Capital Reporting
* On a quarterly basis support the valuation and capital processes, building knowledge of AASB17 requirements and LAGIC capital.
* Actuarial Modelling and Analysis:
* Provide support for the in-housing of actuarial models, including preparing specifications, and provide ongoing support in refining and maintaining the models.
* Support regular reviews of valuation methodologies and reporting requirements.
* Support actuarial investigations to review and update actuarial assumptions.
* Data Management and Validation
* Contribute to the management and validation of policy data, ensuring accuracy and integrity for actuarial calculations.
* Actuarial Support
* Provide support to the Senior Actuary and wider actuarial team as required potentially including preparing reports on the results of experience investigations, valuations, business planning and statutory returns.
* Risk Assessment and Mitigation
* Support the actuarial function in assessing and mitigating insurance and financial risks associated with NobleOak's products.
* Stakeholder Engagement
* Collaborate with cross-functional teams including product, underwriting, marketing, claims, IT, finance, and data. Contributing in key projects and forums where actuarial input is required.
Key Responsibilities
* High Quality and Accurate Communication – Communication with internal and external stakeholders, providing support across the Product, Actuarial and Finance teams when required.
* Process Improvement – Contribute to process improvement and automation in the Actuarial team.
* Planning and Execution – Provide input to company-wide planning and issues resolution and help support the execution of our NobleOak operational plan, including key business initiatives
* Quality Control – Operate as an important quality controller for the business, ensuring all product project processes are delivered in a timely manner ensuring continued high satisfaction rates.
* Delivery focus – Understanding and striving to meet or exceed all metrics and KPIs while providing excellent consistent customer service.
* Culture Champion – Like all NobleOak roles, this role must be a strong ambassador and champion of the NobleOak high-performance culture and brand values. Always displaying positivity, energy and integrity, taking responsibility for actions and building on a positive and engaging diverse team dynamic. Our values and culture are outlined on the back page is this document.
Capabilities
Desired Skills and Experience
* Strong understanding of life insurance actuarial concepts.
* Strong understanding of Life insurance industry and market, including competitors' products in the direct life insurance market.
* Good understanding of the legal and compliance environment of the Life insurance industry.
* You showcase the confidence, capability and prioritising skills to navigate competing demands. You thrive in fast paced environment and deal with ambiguity, effectively managing the often-changing priorities.
* You couple a 'can do' attitude with a positive, friendly demeanour and growth mindset.
* Strong numerical skills and experience with Excel.
* Good ability to interpret and analyse relevant data to diagnose issues, trends, and emerging problems.
* Good problem-solving capabilities, including lateral thinking, to provide advice and recommended solutions to the issues raised.
* Good communication skills, both written and verbal.
* Positive, team-focused, driven, and engaging personality.
Experience & Qualifications
* 2+ years' experience in retail life insurance (preferred)
* Studying towards becoming a Fellow of the Institute of Actuaries of Australia (or overseas equivalent)
* Advanced proficiency in Microsoft Excel.
* Knowledge of, or experience in, Python and database programming (SQL) are desirable.
* Developed experience in and knowledge of retail life insurance, ideally within the Australian marketplace.
* Strong communication and presentation skills.
* Strong understanding of the principles of life insurance from first principles