Actuarial Graduate

**About Youi**

Since Youi emerged in Australia in 2008, we have built a strong brand through awesome customer service, tailoring products to individuals, and challenging our competitors to do better. We value both our people and technology, and our IT department of more than 150 passionate Youiers is testament to us taking our tech and business growth seriously. With over 1,700 employees, and gross written premium exceeding $1billion, we have ambitious goals to keep growing and continue delivering awesome insurance solutions across new products and distribution channels, backed by industry leading customer experience.

**About the role**

We are looking for a highly motivated and curious Actuarial Graduate to join our Reserving team. You’ll be working together with the team to valuing and reporting on reserves so that it can continue to strengthen its trust with its stakeholders and meet the business’ financial objectives.

Using the full breadth of actuarial techniques, you will be tasked with calculating and reporting actuarial reserves. To excel in this role, you will have an in depth understanding of key data sources and effectively manipulate these for analysis. You can expect to be dealing with people from right across the organisation.
- Prepare and use statistical models to analyse and provide insights which contribute to setting valuation assumptions for calculating reserves.
- Effectively prepare data for modelling purposes and build models in ResQ, SQL and SAS.
- Build accurate and timely reports available to relevant users using different data sources and visualisation tools.
- Produce monthly reserving journals for the Finance team within the agreed time frame.
- Respond to reserving movement queries from the Finance team.
- Determine estimates for weather events across Australia where Youi has exposure.
- Monitor and identify opportunities to improve reserving processes and methods.
- Assist with statistical modelling including data preparation, modelling, reserve recommendation, system implementation and documentation of the modelling process.

**About you**

Pre-requisite
- Relevant Bachelor’s degree in Actuarial Science or related studies (Mathematics, Science, Data Science, Engineering, Business, or Computer Science);
- Progress towards qualification as an Actuary (Part I exams);
- Curiosity to explore and provide insights on business performance;
- Knowledge of actuarial concepts;
- Understanding of general insurance concepts;
- Strong attention to detail;
- Excellent analytical and problem-solving skills;
- The ability to work effectively within a team environment;
- Ability to communicate confidently and effectively across all levels of the organization.

Nice to have / Preferred
- Approximately 1 years’ experience in an Actuarial role;
- Advanced experience with Microsoft Excel;
- Experience in programming languages such as SQL and SAS;
- Experience using Willis Towers Watson reserving software ResQ;
- Experience in data visualisation tools advantageous.

**The Youi Difference**

We’re well known for having one of the best company cultures in Australia and this extends into the Actuarial team, how we interact with each other, and with the broader business. Whether it’s chatting to our CEO in the elevator (who favours shorts and t-shirt) or sharing your favourite camping spots with a colleague whilst waiting for your haircut or massage at The Hub at HQ, everyone is warm, friendly, and approachable and you’ll love getting to know the talented people that call Youi home.

We live and breathe our Human value and embrace flexible working, with a focus on employee wellbeing. We believe when you’re feeling your best, you’ll do your best work and that means awesome outcomes for our customers and our community