Actuarial Analyst, Reserving

1 month ago


Sydney, Australia Munich Re Full time

Actuarial Analyst, Reserving

**Company**
Munich Re
**Location**
Sydney, Australia

The Non-Life Actuarial Risk Management (NLARM) team is responsible for monitoring experience, producing quarterly reserve estimates for the business and preparing regulatory reports (Valuation and Financial Condition). Where needed, we provide actuarial advice to the business as well as modelling and review support to the broader finance team, including for capital management and reinsurance purchasing. We also play a key role in providing quality assurance of the results at a Group and local level. We are a close knit supportive team who work together collaboratively. Your role will report to the Appointed Actuary.

**Your Role**
- ** Actuarial Reserve Reviews**: undertake tasks associated with assessing or supporting the assessment of Munich Re’s provisions, including:

- Data extraction, reconciliation, processing and valuation model set up
- Preparation, assessment, monitoring and analysis of actuarial reserves
- Undertake or assist with assurance reviews, report drafting and presentations and
- Report valuation results and quality assurance for central reserving teams
- ** Actuarial Analyses**: undertake or support the team in technical analyses in areas such as:

- Retrocession pricing and recovery estimates
- Capital modelling for capital reporting and management more broadly
- Support the business and broader finance team with analysis, technical review and monitoring of business
- ** Stakeholder Management & Collaboration**: building strong networks and relationships with:

- the Non-Life actuarial, underwriting and claims community both internally and the broader market
- international colleagues in the Munich Re Group to support them and the broader group on global projects, system roll outs and reporting on reserves
- **Continuous Development/Training**: create, develop and maintain:

- Good knowledge of Munich Re’s reserving segments, models, data and processes
- Industry knowledge and personal development, including relevant regulatory and professional standards and company policies
- Understanding of reserving processes with a view to making them more efficient and able to provide greater insights to the company

**Your Profile**
- Tertiary degree majoring in actuarial science
- Reasonable progress towards qualification as a Fellow of the Institute of Actuaries of Australia (or equivalent, including a DAV qualification or part qualification)
- Excellent knowledge of MS Office, Power BI and programming desirable
- Knowledge of the Insurance Industry and the Australian Market is ideal
- 1 to 3 yrs work experience in an actuarial insurance team, preferably in a data manipulation or reserving related role
- Some experience with reserving and knowledge of accounting practices
- Ability to communicate your findings clearly to a range of stakeholders, including colleagues and management
- Some understanding of current and market environment and topical issues

**Our Benefits**

There are many reasons to join Munich Re. Some of our benefits include:

- 16% superannuation contributions
- Increased annual leave entitlements
- Flexible, hybrid working conditions
- Parental leave available from your start date
- $500 health & wellbeing subsidy
- Annual company bonus and spot bonus schemes
- Study support

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.

LIHybrid


  • Actuary, Reserving

    7 months ago


    Sydney, Australia Munich Re Full time

    Actuary, Reserving **Company** Munich Re **Location** Sydney, Australia The 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...


  • Sydney, Australia Australian Reinsurance Pool Corporation Full time

    **ARPC Position Description** **Function**:Chief Financial Office **Classification broadband**:EL1 **Location**:Sydney **Security clearance**:Baseline **Role Reports to **(role title)**:Head of Actuarial **Direct Reports **(role titles)**:Nil **Purpose of the role **(Why the role exists; how the role contributes to the ARPC’s strategic...


  • Sydney, Australia Australian Reinsurance Pool Corporation Full time

    **ARPC Position Description** **Function**:Chief Financial Office **Classification broadband**:ARPC Classification 5/6 **Location**:Sydney **Security clearance**:Baseline **Role Reports to **(role title)**:Head of Actuarial **Direct Reports **(role titles)**:Nil **Purpose of the role **(Why the role exists; how the role contributes to the ARPC’s...


  • Sydney, Australia AIG Full time

    #LI-JC1 At AIG, we are reimagining the way we help customers to manage risk. Join us as an Actuarial Pricing Analyst to develop your skill set in a fast paced, collaborative, agile environment. It’s an opportunity to make a high impact, as a valued member of the team in a transforming business. AIG Australia is a leading provider of insurance products and...

  • Actuarial Analyst

    6 months ago


    Sydney, Australia Arch Capital Group Full time

    Actuarial Analyst With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠. **JOB SUMMARY** Arch Financial Holdings...

  • Actuarial Analyst

    6 months ago


    Sydney, Australia Arch Capital Group Ltd. Full time

    With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠. JOB SUMMARY Arch Financial Holdings Australia Pty Ltd and...

  • Actuarial Analyst

    6 months ago


    Sydney, Australia Profusion PAC Pty Ltd Full time

    Join a leading global insurance group in an exciting Actuarial Analyst role. Contribute to diverse insurance portfolios and support strategic decision-making._ - Working within a collaborative setting with a global insurance leader, fostering innovation and professional growth. - Engage with a broad range of insurance products, gaining experience across...

  • Actuarial Analyst

    6 months ago


    Sydney, Australia INGRITY Full time

    Location: Sydney/ Brisbane/ Melbourne Are you a talented Actuarial Analyst who's passionate about leveraging your technical expertise to drive pricing strategies? Join our esteemed team to work with one of our big brand clients in insurance industry to make a meaningful impact. **At INGRITY** **Imagine the Impossible**:It's not just an aspiration for our...

  • Actuarial Analyst

    1 month ago


    Sydney, Australia iCare External Full time

    **Sydney CBD** - Support the Actuarial Team in data analysis to make decisions - Multiple Permanent Full-time Positions, Sydney CBD location - Hybrid working environment, attractive salary package **About the Role** Provide support and analysis for the Actuarial Team to enable icare to operate in a sustainable financially sound manner. **Benefits** - A...

  • Actuarial Analyst

    2 months ago


    Sydney, Australia QBE Insurance Group Limited Full time

    Actuarial Analyst **Primary Details** Time Type: Full time Worker Type: Employee **The opportunity** - Fantastic career opportunity for an Actuarial Analyst, looking to take the next step in their career - Location: Sydney, Melbourne or Brisbane - Permanent, Full-Time role **Your new role** We have an exciting opportunity to join our Pricing Team as an...

  • Actuarial Specialist

    4 months ago


    Sydney, Australia Youi Full time

    Actuarial Specialist (Reserving) About the role In this role, you’ll play a crucial part in shaping the future of Youi through its CTP reserving and profitability. This strategic advice will help drive business decisions made by management and company owners. Joining a dynamic and growing company like Youi offers you ample opportunities for...

  • Actuarial Manager

    7 months ago


    Sydney, Australia QBE Insurance Full time

    QBE Insurance Sydney, AustraliaPosted 2 hours ago Hybrid Permanent Competitive **Primary Details** Time Type: Full time - Worker Type: Employee**Actuarial Manager - General Actuarial** **Location: Sydney preferred** **The opportunity** This is an exciting chance for an experienced Actuarial professional to join QBE Insurance in the role of - **Actuarial...

  • Actuarial Manager

    6 months ago


    Sydney, Australia Arch Capital Group Ltd. Full time

    With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠. The Actuarial Manager will be responsible for the...


  • Sydney, New South Wales, Australia Marsh McLennan Full time

    Job DescriptionIn this role at Marsh McLennan, you will work as an Actuarial Consultant in our Advisory team based in Sydney. Your primary responsibilities will include preparing data, utilizing statistical models, and presenting results to help clients make informed decisions.Types of projects you may work on include:Actuarial reservingStochastic loss...

  • Actuarial Analyst

    4 months ago


    Sydney, Australia Bupa Full time

    **The opportunity**: **Be at the heart of our mission to become the world's most customer centric Healthcare company!** The Actuarial Analyst will be part of a team supporting Bupa’s business units by using analytical skills to contribute to a broad range of projects including pricing, financial analysis, actuarial advice, regulatory reporting, monitoring...

  • Actuary

    7 months ago


    Sydney, Australia Halcyon Knights Full time

    12-month contract - Australian Citizenship required **APS6 Actuary / Reporting Analytics Manager (3 roles)** - 12-month contract - Australian Citizenship required The APS6 Actuary / Reporting Analytics Manager role is an important leadership role and will be responsible for leading analysis for project-based work and regular reporting, reporting directly...

  • Actuarial Analyst

    2 months ago


    Sydney, Australia QBE Full time

    Primary Details Time Type: Full time Worker Type: Employee - The opportunity- Fantastic career opportunity for an Actuarial Analyst, looking to take the next step in their career- - Location: Sydney, Melbourne or Brisbane- - Permanent, Full-Time roleYour new role - We have an exciting opportunity to join our Pricing Team as an Actuarial Analyst. We are...


  • Sydney, New South Wales, Australia NTI Full time

    About the OpportunityWe are currently seeking an Undergraduate student interested in building a career as an Actuary.Job DescriptionYou will have the opportunity to work across all products, gaining knowledge and exposure to a wide range of Actuarial activities including pricing and reserving techniques. As part of our Undergraduate program, you will grow an...

  • Corporate Actuary

    6 months ago


    Sydney, Australia Hannover Re Full time

    Corporate 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...


  • Sydney, New South Wales, Australia Talent International Full time

    Exciting OpportunityTalent International is seeking a skilled APS4 Actuary Analyst for a Federal Government client located in Surry Hills.This is a 12-month contract with a competitive hourly rate of $43.82 + Super and potential for extension. You'll be working a 38-hour week (7.6 hours per day), contributing your analytical skills within a professional,...