Actuary, Alm and Investment Products

2 months ago


North Sydney, Australia MLC Life Insurance Full time

Are you committed to bringing your best to life every day?

At MLC Life Insurance, we’re proud of our history of protecting Australians for over 135 years. We provide flexible, affordable, and innovative insurance products to almost 1 million Australians. We’re Australian-led and managed, and part of a global network through our partnership with one of the world’s leading life insurers, Nippon Life Insurance Group.

We’re driven by a powerful purpose, providing our customers and their families with a Promise for Life to be there when they need us most - and that’s a great purpose to bring us together at work every day.

We work hard to deliver a total customer experience that keeps our customers and partners at the forefront of all our decisions. We’re a values-driven business that strives for high performance and growth as we look towards the future.

**The Role**

We currently have an opportunity to join our Finance team as an Actuarial within ALM and Investments Products on a fixed term contract position. This opportunity is open to work from our North Sydney or Melbourne office in conjunction with our hybrid work from home options.

This role reports to the Manager, ALM and Investment Products and has responsibility for supporting asset-liability management and management of legacy products.

**Your responsibilities will include**:
Provide support to the Manager, ALM and Investment Products to fulfil the team’s responsibilities including:

- Support monthly economic assumptions and estimate financial impacts
- Review investment issues, performance, and risk; provide balance sheet insights to ALCO and the Board
- Analyse investment performance and asset exposures
- Calculate monthly policy liability for legacy products and analyse changes.
- Analyse participating bonus rates and crediting rates
- Proactively manage risk; ensure compliance with policies and procedures; perform controls; and escalate issues or breaches as identified

**About you**
- Actuarial qualifications, FIAA or equivalent strongly preferred
- Proficiency in Excel and Python
- 5+ years of life insurance ALM and valuation experience, with capital and Australian-specific experience strongly preferred
- Practical knowledge in project management, networking, leadership, and communication

**Bringing our best to life - why join us?**
- We do work that makes a genuine difference to our customers, partners and community.
- We have a supportive, inclusive and flexible team culture, including hybrid working.
- We support your growth and development, and careers across our business units and teams that are as unique as our people.
- We reward and celebrate our successes, through our incentive and recognition programs.
- We offer tools, resources and benefits to support your wellbeing, including additional lifestyle leave and our Family Life hub.
- We connect and celebrate our diversity at work through our social committees and employee groups, and we contribute to our community with paid volunteer leave and through our sustainability commitments.

**Primary Location**: AU-NSW-North Sydney

**Work Locations**: Level 6, 177 Pacific Hwy Level 6 177 Pacific Hwy North Sydney 2060

**Job**: Business Enablement

**Organization**: MLC Limited

**Schedule**: Fixed Term

**Employee Status**: Group Level 3

Full-time

:
**Job Posting**: 30-Sep-2024, 8:27:21 PM



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