Appointed Actuary, Non-Life
2 weeks ago
The Non-Life Actuarial Risk Management (NLARM for short) team monitors experience and produces quarterly reserve estimates for the business and preparing regulatory reports (AVR and FCR) at year end. We also provide ad-hoc support for the business where actuarial advice is needed and modelling and review support to the broader finance team, including for capital management and reinsurance purchasing. With the introduction of IFRS17, we are an important part of the team providing and quality assuring the results on a group and local basis. Reporting to the CFO, you will lead this close-knit supportive team.
Your role:
- Lead the team with the goal of achieving their career aspirations and broader business imperatives
- Develop competencies of own team to ensure we have the necessary skills to meet customer, stakeholders and employee expectations
- Establish and implement short and long range departmental goals, objectives, policies and operating procedures whilst maintaining appropriate internal control safeguards
- Conduct quarterly valuations of Non-Life and Great Lakes Australia's (GLA) insurance liabilities
- Prepare the annual Liability Valuation Reports for Non-Life and GLA (APRA requirement), Munich Re New Zealand (MRNZ) and GLA New Zealand
- Prepare the annual Financial Condition Reports for Non-Life, GLA and present to the directors of Munich Re
- IFRS17 quality assurance of inputs and results and explanation of results
- Provide actuarial support and advice and other assignments as required by CRO, CFO and Head of Non-Life and GLA business units
- Provide Actuarial Advice as required under the Actuarial Advice framework and supervise advice provided by Senior Actuaries
- Supervise development of analytical tools for monitoring Non-Life and GLA
Your profile:- University degree and Fellowship of the Institute of Actuaries of Australia (or equivalent, subject to APRA approval)
- 5 years+ post qualified experience in a general insurance or general reinsurance environment
- Team leadership experience
- Strong communication, negotiation and presentation skills at senior management and Board level
- Ability to balance statutory requirements along with partnering with the business to achieve commercial outcomes
- Can manage a diverse range of stakeholders, influencing and driving to sometimes challenging outcomes
- Knowledge of the Australian and New Zealand Insurance prudential framework and related regulatory and prudential supervisory environment. Knowledge of the Australian and New Zealand Insurance Actuarial Standards and Insurance financial reporting bases
- Strong competence in actuarial techniques as used in general insurance including triangulation techniques used in the actuarial reserving process, pricing and capital modelling concepts
- Able to meet the Australian regulator's (APRA) "Fit and Proper" requirements
- High profile reputation within the insurance/reinsurance industry and actuarial profession
At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experience, perspectives and thought. This interaction is the foundation of our open culture, spirit of partnership, of how our teams are built and cultivated, and of how we are supported and developed. And at the centre of this interaction is each of us.
-
Appointed Actuary, Non-Life
3 weeks ago
Sydney, New South Wales, Australia Munich Re Full timeThe Non-Life Actuarial Risk Management (NLARM for short) team monitors experience and produces quarterly reserve estimates for the business and preparing regulatory reports (AVR and FCR) at year end. We also provide ad-hoc support for the business where actuarial advice is needed and modelling and review support to the broader finance team, including for...
-
Actuary, Reserving
4 weeks ago
Sydney, New South Wales, Australia Munich Re Full timeActuary, Reserving Company Munich Re Location Sydney , AustraliaThe Non-Life Actuarial Risk Management (NLARM for short) team monitors experience and produces quarterly reserve estimates for the business and prepares regulatory reports (AVR and FCR) at year end. We also provide ad-hoc support for the business where actuarial advice is needed and...
-
Corporate Actuary
4 weeks ago
Sydney, New South Wales, Australia Hannover Re Full timeCorporate ActuaryDepartment: P&C ActuarialEmployment Type: Full TimeLocation: SydneyReporting To: Appointed ActuaryDescriptionWe are somewhat differentHannover Re was founded as an in-house reinsurer and started small, a new kid on the block, proving ourselves every day for over fifty years. We've grown into a company with the resources of a major player and...
-
Corporate Actuary
2 weeks ago
Sydney, New South Wales, Australia Hannover Re Full timeWe currently have an exciting opportunity in Sydney which plays a major part in the success of Hannover Re globally. We are a lead reinsurer in Australia and New Zealand and we have the benefit of being flexible and nimble with the financial backing of one of the largest reinsurers in the world. We are seeking a Corporate Actuary to join our team within our...
-
Pricing Implementation Lead
4 weeks ago
Sydney, New South Wales, Australia Chubb Full timeJob DescriptionChubb celebrates diversity by fostering an inclusive, flexible and equitable workplace. We support applications from all members of our community and equitable access to our employment opportunities. We are open to discussing workplace flexibility in all our vacancies, to ensure we can attract the best candidates and accommodate individual...
-
Associate Strategy Consultant
2 weeks ago
Sydney, New South Wales, Australia AON Full timeBecome a pivotal member of a growing & highly regarded professional team Aon will provide you a meaningful, and exciting career Great opportunity to join a global market leader Associate Consultant, Strategy & Technology Group (STG) We are seeking a passionate Associate Consultants to join our Aon Strategy and Technology Group (STG) based in Sydney.Aon...
-
Dealer Development Advisor
4 weeks ago
Sydney, New South Wales, Australia BRP Full timeDealer Development Advisor – Maternity leave 11-Month ContractBRP is looking for a Dealer Development Advisor for a maternity leave cover on a duration of 11 months contract. In this role, you will play an important Administrative and account management facilitator type of role. Your organisational and administrative skills will set you up for success and...
-
Senior Lecturer in Organisational Psychology
4 weeks ago
Sydney, New South Wales, Australia Macquarie University Full timeJob SummaryThe successful candidate will be expected to maintain and develop an active externally funded research program, contribute to the teaching of Organisational Psychology at a postgraduate level, supervise research students from Honours to higher degree, and contribute to the administration of the Department and Faculty. The level of appointment will...
-
Appointed Actuary, Non-Life
4 weeks ago
Sydney, Australia Munich Re Full timeThe Non-Life Actuarial Risk Management (NLARM for short) team monitors experience and produces quarterly reserve estimates for the business and preparing regulatory reports (AVR and FCR) at year end. We also provide ad-hoc support for the business where actuarial advice is needed and modelling and review support to the broader finance team, including for...
-
Actuary, Reserving
4 weeks ago
Sydney, Australia Munich Re Full timeThe Non-Life Actuarial Risk Management (NLARM for short) team monitors experience and produces quarterly reserve estimates for the business and prepares regulatory reports (AVR and FCR) at year end. We also provide ad-hoc support for the business where actuarial advice is needed and modelling and review support to the broader finance team, including for...
-
Valuation Actuary
7 days ago
Sydney, Australia SKL Actuarial Full timePosted Date 17 February 2023 Job Type Permanent Location Sydney Industry Life Reinsurance Contact Name Aliza Yau CA Excellent opportunity to join this leading international life reinsurer. **About the role** - Conduct quarterly valuations, perform experience investigations, and report on the results - Monitor and report business insights on product...
-
Corporate Actuary
4 weeks ago
Sydney, Australia Hannover Re Full timeCorporate Actuary We currently have an exciting opportunity in Sydney which plays a major part in the success of Hannover Re globally. We are a lead reinsurer in Australia and New Zealand and we have the benefit of being flexible and nimble with the financial backing of one of the largest reinsurers in the world. We are seeking a Corporate Actuary to join...
-
Corporate Actuary
4 weeks ago
Sydney, Australia Hannover Re Full timeWe currently have an exciting opportunity in Sydney which plays a major part in the success of Hannover Re globally. We are a lead reinsurer in Australia and New Zealand and we have the benefit of being flexible and nimble with the financial backing of one of the largest reinsurers in the world. We are seeking a Corporate Actuary to join our team within...
-
Actuary
4 weeks ago
Sydney, Australia XL Catlin Full time**Flexible Work Eligible**: None **DISCOVER your opportunity** ln this newly created role, we are looking for an Actuary with 5 years general insurance experience. You may be nearly or recently qualified and will be supporting the Chief Actuary of Australia with the management and delivery of all aspects of the Actuarial function. There will be an...
-
Actuary
4 weeks ago
Sydney, Australia AXA Full timeln this newly created role, we are looking for an Actuary with 5 years general insurance experience. You may be nearly or recently qualified and will be supporting the Chief Actuary of Australia with the management and delivery of all aspects of the Actuarial function. There will be an opportunity for you to be involved in process improvements. As part of a...
-
Head of Actuarial
4 weeks ago
North Sydney, Australia Zurich Insurance Full timeA new adventure awaits- Work is something you do, not only somewhere you go. The way we work continues to evolve and at Zurich we are committed to creating ways of working that ensure you are helping to create a brighter future.- An exciting opportunity exists to join Zurich’s Life & Investments Finance team as Head of Actuarial Insights & Projects.- This...
-
Senior Actuarial Analyst/Actuary-Retail Pricing
4 weeks ago
Sydney, Australia SKL Actuarial Full timeOur 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...
-
Corporate Actuary
4 weeks ago
Sydney, Australia Swiss RE Full time**About the Role** We are seeking an experienced and professional actuary, with experience in delivering valuation and financial reporting, including regulatory capital reporting. The role is to support the actuarial valuation team during a parental leave vacancy. Core Responsibilities: 1) Key contributor to quarterly reporting: - Creation of direct...
-
Actuarial Analyst
7 days ago
Sydney, Australia SCOR Full time**Key duties and responsibilities** - Under direct supervision, conduct analyses that adhere to actuarial standards of practice: select appropriate data sources and methods, make assumptions, recognize considerations and develop recommendations. - Become familiar with data sources and requirements; retrieve and manipulate data. - Analyse data on premium and...
-
Pricing & Product Actuary
4 weeks ago
Sydney, Australia SKL Actuarial Full timePosted Date 22 March 2023 Job Type Permanent Location Sydney Industry Life Insurance Contact Name Amity Delaney Our reinsurance client is seeking an experienced pricing and product actuary to join their team. **About the role** - Oversee regular experience monitoring and portfolio reviews. - Use actuarial expertise to provide guidance, feedback, and...
-
Actuarial Analyst
4 weeks ago
Sydney, Australia Hatch Full time** This role is at QBE (not for Hatch)** Hatch is supporting QBE to find a great Actuarial Analyst to join their Consulting and Professional Services team. Hatch exists to level the playing field for people as they discover a career that’s right for them. We model this in our hiring process for our partners like QBE. **About the role at QBE** The...
-
Group Pricing Actuary
4 weeks ago
Sydney, Australia Munich Re Full timeGroup Pricing Actuary **Company** Munich Re **Location** Sydney, Australia The Group Insurance team is responsible for managing MRA’s and growing MRA’s group insurance portfolio. The team works with life insurance clients, and playing an active role in supporting all business functions across MRA to provide exceptional service to new and prospective...
-
Actuarial Pricing Analyst, Trading Solutions
7 days ago
Sydney, Australia SKL Actuarial Full timePosted Date 16 February 2024 Job Type Permanent Location Sydney Industry Life Insurance Contact Name Amity Delaney Our 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...
-
Head of Actuarial
4 weeks ago
North Sydney, Australia Zurich Insurance Full timeA new adventure awaits- Work is something you do, not only somewhere you go. The way we work continues to evolve and at Zurich we are committed to creating ways of working that ensure you are helping to create a brighter future.An exciting opportunity exists to join Zurich’s Life & Investments Finance team as Head of Actuarial P&L Management. - This key...
-
Head of Actuarial
4 weeks ago
North Sydney, Australia Zurich Insurance Full timeA new adventure awaits- Work is something you do, not only somewhere you go. The way we work continues to evolve and at Zurich we are committed to creating ways of working that ensure you are helping to create a brighter future.A great opportunity exists to join Zurich’s Life & Investments Finance team as Head of Actuarial Balance Sheet. This key...
-
Head of Actuarial
7 days ago
Sydney, Australia TAL Full timeCompany Description Welcome to This Australian Life. From the millions of Australians we protect, to those that make it happen every day at TAL, people really are what we’re all about. We want to grow with you. Achieve with you. And support you to do your best work. That's why we're focused on developing leadership, promoting diversity, rewarding...
-
Actuarial Analyst
4 weeks ago
Sydney, Australia Tal Services Limited Full timeCompany DescriptionWelcome to This Australian Life. From the millions of Australians we protect, to those that make it happen every day at TAL, people really are what we’re all about. We want to grow with you. Achieve with you. And support you to do your best work. That's why we're focused on developing leadership, promoting diversity, rewarding...
-
In-force Structuring Actuary
5 days ago
Sydney, Australia Swiss Re Full timeIn-Force Structuring Actuary **About the Role** You are a creative thinker seeking an exciting opportunity to contribute to Life & Health Re's In-Force Optimisation (IFO) initiatives. Your leadership in the global expansion of IFO will be demonstrated as you leverage your product knowledge to help design and execute on actions that will transform the...