Actuarial Pricing Analyst

1 week ago

Sydney, New South Wales, Australia Munich Re Full time

Actuarial Pricing Analyst:

Career Level 2

Location
Sydney, Australia

The Commercial team oversees Munich Re Australia's (MRA) client relationships, with a focus on Retail and Direct insurance. The team provides advice to all aspects of pricing, product design, claims and underwriting. The team also brings Munich Re's global insights and capabilities to the Australian and New Zealand market.

The Pricing Analyst reports to the Pricing Manager.

Your job
-
Actuarial Analysis - Provision of actuarial analysis, modelling, reporting and documentation in support of:

  • Repricing of existing business
  • Transactions to improve the existing business, including recaptures
  • PDS, policy, treaty or manual reviews
-
Modelling - Maintain and enhance actuarial pricing models to improve efficiency, accuracy, controls and outputs from actuarial pricing models
-
Technical Reviews - Review documentation (e.g. client material such as PDS or policy wording, or MRA documents such as treaties and manuals) for technical accuracy and actuarial analysis of peers, as required
-
Stakeholder Management and Collaboration - Work with stakeholders including the wider pricing team, valuation, data transformation team and other areas of the business. Proactively collaborate with internal stakeholders to ensure effective knowledge-sharing and support of initiatives and projects
-
Continuous Development - Maintain knowledge of current actuarial developments and developments in the insurance industry, by:

  • Progress with Institute exams
  • Attending sessional meetings
  • Continuing Professional Development

Profile:

  • Tertiary degree (major in actuarial studies/science)
  • Progress towards qualification as a Fellow of the Institute of Actuaries of Australia
  • Some actuarial pricing experience (preferred)
  • Knowledge of the Life Insurance Acts in Australia and New Zealand, likely to be developed through classroom training
  • Familiarity with Australian individual risk (Retail and Direct) products, e.g. product features, benefits, pricing, reserving
  • Some understanding of current market environment and topical issues

Our Benefits

  • We have many attractive benefits to offer you, including 16% superannuation
  • Enjoy increased annual leave entitlements
  • Work flexibly from home and our fantastic office in the CBD
About us

You will work in an environment where we aspire to think big: Change and culture are challenged. We communicate a compelling and shared purpose and direction. We pave the way towards success and see failure as learning.

You are going to experience that we care & dare: We are empathetic. We know when to lead and know when to let others lead. We attract, grow and coach future leaders.

We aim to communicate in a clear & authentic way. We solicit feedback, ask and listen, learn and unlearn.

We lead the We:
We have a passion for winning and growing as a team. We inspire people to deliver a joint performance. We create an inclusive environment where different thoughts, generations, cultures and experiences are valued and encouraged.

Sarah Burgess

Talent Manager-At Munich Re, we embrace and value the interaction of diverse backgrounds, experiences, perspectives and thought. This interaction is our foundation. Of our open culture and spirit of partnership. Of how our teams are built and cultivated. Of how we are supported and developed. And at the centre of this interaction is each of us.

  • Senior Actuarial Analyst/Actuary-Retail Pricing

    1 week ago

    Sydney, New South Wales, Australia SKL Actuarial Full time

    Our client is one of the fastest growing direct life insurers and they are looking for a senior actuarial analyst or newly qualified actuary to join their actuarial team. The role will be based in Sydney. Responsibilities:Product and pricing support – support review and analyses of pricing strategies to accurately assess product profitability High quality...

  • Actuarial Pricing Analyst, Trading Solutions

    1 week ago

    Sydney, New South Wales, Australia SKL Actuarial Full time

    Posted Date 16 February 2024Job Type PermanentLocation SydneyIndustry Life InsuranceContact Name Amity DelaneyOur life insurance client is seeking an actuarial analyst with strong skills in Python to join their team in a data-driven role focused on pricing.About the role Use market data to drive critical insights that feed into pricing processes. Work with...

  • Actuarial Analyst

    1 week ago

    Sydney, New South Wales, Australia SKL Actuarial Full time

    Posted Date 9 February 2023Job Type PermanentLocation SydneyContact Name Amity DelaneyActuarial analyst required to work across pricing, reserving, capital and reinsurance based in Sydney.About the role Implement, maintain, and continually enhance actuarial processes. Provide support on pricing reviews, liability valuation reports and financial outlook...

  • Actuarial Analyst

    1 week ago

    Sydney, New South Wales, Australia SKL Actuarial Full time

    Our client is a multinational insurer looking for an actuarial analyst or a newly qualified actuary to join their pricing and analytics team. Responsibilities:Performs technical pricing analysis for flow business and structured products. Assesses the viability of proposed commercial rates Performs analysis and analytics of portfolio composition and...

  • Actuarial Analyst

    1 week ago

    Sydney, New South Wales, Australia SKL Actuarial Full time

    Posted Date 3 April 2024Job Type PermanentLocation SydneyIndustry General InsuranceContact Name Aliza Yau CAOur client is a multinational insurer looking for an actuarial analyst or a newly qualified actuary to join their pricing and analytics team.Responsibilities: Performs technical pricing analysis for flow business and structured products. Assesses the...

  • Pricing Actuary

    1 week ago

    Sydney, New South Wales, Australia SKL Actuarial Full time

    Posted Date 28 July 2023Job Type PermanentLocation SydneyIndustry General InsuranceContact Name Aliza Yau CAOur client is seeking a Pricing Actuary to join their actuarial team The role can be based in either Sydney or Melbourne.About the role Perform Technical Pricing analysis under guidance. Enhance data analytics capability for improved business...

  • Lead Actuarial Analyst

    1 week ago

    Sydney, New South Wales, Australia SKL Actuarial Full time

    Posted Date 31 August 2023Job Type PermanentLocation SydneyIndustry General InsuranceContact Name Amity DelaneyOur general insurance client is seeking a senior actuarial analyst or recently qualified actuary to join their team in a varied role working across pricing, reserving, portfolio monitoring and underwriting.About the role Create, run and analyse...

  • Senior Actuarial Health Analyst

    1 week ago

    Sydney, New South Wales, Australia SKL Actuarial Full time

    Our client is looking for a Senior Actuarial Health Analyst for a 12 month FTC. You will be responsible for the design, undertaking and delivery of analytical insights in support of commercial negotiations with health care payers as well as the development and implementation of the client's strategic initiatives. Undertake data analysis and modelling to...

  • Pricing Actuary

    1 week ago

    Sydney, New South Wales, Australia SKL Actuarial Full time

    Posted Date 6 March 2023Job Type PermanentLocation SydneyIndustry General InsuranceContact Name Jas Singh FIAAOur client is seeking experienced general insurance actuaries with pricing experience to join their consulting team.About the role: Work on a range of pricing related projects for a diverse range of clients across tech starts up, insurance, financial...

  • Pricing Actuary

    1 week ago

    Sydney, New South Wales, Australia SKL Actuarial Full time

    Posted Date 1 March 2023Job Type PermanentLocation SydneyIndustry Life InsuranceContact Name Aliza Yau CAExcellent opportunity to join a fast-paced and passionate pricing team within this leading Australian life insurance company.About the role Provide technical actuarial and pricing advice on pricing projects and business initiative deliverables within...

  • Product Actuary

    1 week ago

    Sydney, New South Wales, Australia SKL Actuarial Full time

    Posted Date 24 April 2024Job Type PermanentLocation SydneyIndustry Life InsuranceContact Name Aliza Yau CAOur life insurance client a leading distributor of direct Insurance products in the Australian insurance market is seeking an actuary, preferably with minimum 5 years in the insurance industry, specifically with experience in pricing, valuations, or...

  • Product Actuary – Analytics

    1 week ago

    Sydney, New South Wales, Australia SKL Actuarial Full time

    Our life insurance client a leading distributor of direct Insurance products in the Australian insurance market is seeking an actuary, preferably with minimum 5 years in the insurance industry, specifically with experience in pricing, valuations, or capital in commercial products. The role will be based in Western Sydney. This role also offers fantastic...

  • Actuarial Analyst

    1 week ago

    Sydney, New South Wales, Australia SKL Actuarial Full time

    Actuarial Analyst | Entry level Actuarial welcome | Permanent positionDevelops strategy on implementing new, market-leading analytics-based tools to assess and mitigate risk Applies highly developed knowledge of models and analyses in order to assess risk and viability of risk mitigation solutions Consults with clients on issues that may be unclear to them...

  • Actuarial Group Pricing Analyst

    1 week ago

    Sydney, New South Wales, Australia Munich Re Full time

    Actuarial Group Pricing Analyst:CompanyMunich ReLocationSydney, AustraliaThe Life team provides reinsurance services for the life industry in Australia and New Zealand.The Life team operates in Retail, Group and Direct markets. The Group Insurance team works with life insurance clients, and plays an active role in supporting all departments to provide...

  • Lead Actuary/Analyst

    1 week ago

    Sydney, New South Wales, Australia SKL Actuarial Full time

    Our general insurance client is seeking a nearly/newly qualified actuary to join their team in a varied role working across reserving, pricing, product development, and underwriting. About the roleDesign, implement, and review reserving practices. Create, run and analyse technical reports for a range of stakeholders. Review the pricing structure of products...

  • Actuary

    1 week ago

    Sydney, New South Wales, Australia SKL Actuarial Full time

    Our general insurance client is seeking an actuary to join their reinsurance team working on performing risk assessments and pricing reinsurance. This role can be based in Sydney, Melbourne or Brisbane. About the roleCollect and review client risk exposures and claims data to support risk management decisions. Undertake and manage actuarial projects using...

  • Aps4 Actuarial Analyst

    1 week ago

    Sydney, New South Wales, Australia SKL Actuarial Full time

    Posted Date 8 November 2023Job Type ContractLocation SydneyIndustry Government AgencyContact Name Amity DelaneyOur client, an independent statutory Government agency is seeking Actuarial Analysts to join their team. This role can be based in Sydney, Melbourne, Geelong, or Adelaide.About the role Extracting, cleansing and preparation of data from multiple...

  • Senior Actuarial Analyst – Analytics

    1 week ago

    Sydney, New South Wales, Australia SKL Actuarial Full time

    Our client is an ASX listed company in the financial services industry. They are the largest provider in sustainable financial solutions an is continuously growing. They are seeking senior actuarial analysts or newly qualified actuaries to join their analytics team to be based in Sydney. About the roleUndertake analysis, develop recommendations and implement...

  • Aps6 Actuary

    1 week ago

    Sydney, New South Wales, Australia SKL Actuarial Full time

    Posted Date 29 August 2023Job Type ContractLocation SydneyIndustry Government AgencyContact Name Amity DelaneyOur client, an independent statutory Government agency, is seeking nearly/newly qualified actuaries to join their team.About the role Act as the lead analyst on projects and reporting, leading project meetings, and reviewing work of junior analysts....

  • Senior Actuarial Analyst

    1 week ago

    Sydney, New South Wales, Australia SKL Actuarial Full time

    Excellent opportunity to become a key member of this fast-growing mortgage insurance provider. About the roleWorking closely with the Pricing Manager, this role will assist with and take responsibility for a wide range of tasks with the actuarial and product space Perform technical pricing analysis Prepare reporting of product performance for management...