Actuarial Analyst, Group Valuation
2 months ago
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 Analyst, Group Actuarial Valuation which can be based in Melbourne or North Sydney.
In this role, you will produce actuarial related deliverables to support reporting on drivers of profitability and value outcomes of the group insurance business including explaining key drivers to technical and non-technical stakeholders.
Your responsibilities will include:
- Calculating the policy liabilities for balance sheet reporting and using experience investigation analysis to recommend appropriate assumptions for best estimate reporting.
- Calculating the value of inforce to support the embedded value calculation.
- Calculating business planning financials and forecasting end of year profit and value results.
- Producing monthly profit performance analysis and engaging with key stakeholders (e.g. product, pricing, claims) on key insights.
- Actuarial related disclosures for the notes to accounts and policy liability related forms to submit to APRA.
- Contributing to relevant sections of the Financial Condition Report.
**About you**
- Bachelor of Actuarial Science or similar degree preferred.
- 1 + years' work experience in Life Insurance (or other Financial Services industry) preferred but not essential.
- Be proficient in Microsoft Excel, Word and PowerPoint.
- Ability to understand technical concepts.
- Excellent communication skills, both written and verbal.
**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**: Permanent
**Employee Status**: Group Level 1
Full-time
:
**Job Posting**: 11-Sep-2024, 7:56:47 PM
-
Actuarial Analyst
5 months ago
Sydney, Australia Arch Capital Group Full timeActuarial 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
5 months ago
Sydney, Australia Arch Capital Group Ltd. Full timeWith 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...
-
Actuary, Valuation
5 months ago
Sydney, Australia Munich Re Full timeActuary, Valuation **Company** Munich Re **Location** Sydney, Australia The Life Actuarial Risk Management (LARM) team deliver reliable information on financial reporting, analysis, risk, capital and value to stakeholders. In the life insurance reporting system, IFRS, VNB and local statutory valuations are considered especially complicated. Reporting to...
-
Valuation Actuary
2 months ago
Sydney, Australia Munich Re Full timeValuation Actuary (contract) **Company** Munich Re **Location** Sydney, Australia Munich Re Australia has a great parental leave opportunity for a Valuation Actuary to join the Life Actuarial Risk Management (LARM) team. The wider finance team is responsible for the integrity of the financial information of the business and the custodian of shareholder...
-
Actuarial Analyst
5 months ago
Sydney, Australia Munich Re Full timeActuarial Analyst **Company** Munich Re **Location** Sydney, Australia The 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...
-
Actuarial Analyst, Reserving
5 days ago
Sydney, Australia Munich Re Full timeActuarial 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...
-
Actuarial Manager
1 month ago
Sydney, New South Wales, Australia QBE Insurance Group Full timeAbout the RoleWe are seeking an experienced Actuarial Manager to join our team at QBE Insurance Group. As a key member of our Actuarial team, you will be responsible for providing actuarial valuation and portfolio insights for our Australian Packages, Property and Motor products.Key ResponsibilitiesDevelop knowledge across a wide range of products, including...
-
Actuary Valuation Specialist
3 weeks ago
Sydney, New South Wales, Australia ALLIANZ AUSTRALIA SERVICES PTY LTD Full timeWe're seeking an experienced Actuary Valuation Specialist to join our team at Allianz Australia Services Pty Ltd. As a key member of our actuarial team, you will play a critical role in the redevelopment of our end-to-end actuarial valuation process.About the RoleAs an Actuary Valuation Specialist, you will be responsible for reviewing data mapping of source...
-
Actuarial Valuation Specialist
6 days ago
Sydney, New South Wales, Australia ALLIANZ AUSTRALIA SERVICES PTY LTD Full timeProject OverviewWe're seeking an experienced Actuarial Valuation Specialist to join our project team and contribute to the redevelopment of the end-to-end actuarial valuation process.Your Key Responsibilities:Review and map source system policy and claims data to the new reserving data mart.Complete user acceptance testing on new processes to deliver data...
-
Actuarial Analyst
5 months ago
Sydney, Australia AIA Group Ltd Full timeActuarial Analyst - IFRS 17 Reporting BE THE DIFFERENCE At AIA we don't simply believe in being 'the best'. We believe in better - because there's no limit to how far 'better' can take us. Everything we do is driven by our purpose to make a difference by helping people embrace Healthier, Longer, Better Lives. And every one of our people has an important...
-
Actuarial Analyst
3 days 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...
-
Valuation Actuary
5 months ago
Sydney, Australia Munich Re Full timeValuation Actuary (12 month contract) **Company** Munich Re **Location** Sydney, Australia Munich Re Australia have a great 12 month parental leave opportunity for a Valuation Actuary to join the Life Actuarial Risk Management (LARM) team. CFO is responsible for the integrity of the financial information of the business and the custodian of shareholder...
-
Corporate Actuarial Analyst, Australia
5 months ago
Sydney, Australia Pacific Life Full timeCorporate Actuarial Analyst, Australia **Job Title** Corporate Actuarial Analyst, Australia **The Role** Reporting to the Manager, Corporate Actuarial, this role will be involved in Pacific Life Re's financial reporting in respect of the Australian portion of the Company's in-force business. This includes the reporting of results based on US GAAP,...
-
Senior Actuarial Analyst
3 weeks ago
Sydney, New South Wales, Australia Ecclesiastical Insurance Group Full timeAbout the RoleWe are seeking a highly skilled Senior Actuarial Analyst to join our team. As a Senior Actuarial Analyst, you will be responsible for performing pricing reviews for each portfolio, working alongside the Actuarial Pricing Manager to analyze policy, premium, claims, and market data to parameterise the rating structure. You will also be...
-
Actuary - Valuation Process Redevelopment
3 weeks ago
Sydney, New South Wales, Australia ALLIANZ AUSTRALIA SERVICES PTY LTD Full timeAt Allianz, we're committed to fostering an environment where everyone can thrive, grow, and contribute their unique perspectives to our collective success. We're seeking an experienced Actuary to join our team and play a key role in redeveloping our end-to-end actuarial valuation process.About the RoleThis is a 6-month contract, with potential for...
-
Actuarial Valuation Project Specialist
2 weeks ago
Sydney, New South Wales, Australia ALLIANZ AUSTRALIA SERVICES PTY LTD Full timeProject OverviewWe're seeking a skilled Actuarial Valuation Project Specialist to join our team at Allianz Australia Services Pty Ltd.About the RoleThis 6-month contract is focused on redeveloping our end-to-end actuarial valuation process. The ideal candidate will have tertiary qualifications in a relevant discipline, with experience in General Insurance...
-
Actuarial Analyst
2 months ago
Sydney, Australia Resolution Life Full timeAbout Resolution Life At Resolution Life, we are resolutely committed to protecting the financial futures entrusted to us. For customers, advisers, companies and the industry, we are making an impact worldwide. Resolution Life is a global life insurance group focusing on reinsurance and the acquisition and ongoing management of portfolios of life...
-
Financial Analyst
3 weeks ago
Sydney, New South Wales, Australia IAG Full timeMake a meaningful impact in the world of finance as a Financial Analyst - Enterprise Valuations at IAG.This role is part of our Enterprise Valuations – Capital Markets team, where you will work on performing internal and external enterprise valuations to support Mergers and Acquisitions activity, Board reporting, and statutory requirements. You will also...
-
Actuarial Manager
1 month ago
Sydney, New South Wales, Australia QBE Insurance Group Limited Full timeAbout the RoleWe are seeking an experienced Actuarial Manager to join our team at QBE Insurance Group Limited. As an Actuarial Manager, you will be responsible for providing actuarial valuation and portfolio insights for our Australian Packages, Property and Motor products.Key ResponsibilitiesCareer progression of Actuarial Analysts through effective...
-
Valuation Actuary
3 months ago
Sydney, Australia Gen Re Full timeShape Your Future With Us General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide. It owns General Reinsurance Corporation and General Reinsurance AG, which conducts business as Gen Re. - Gen Re delivers reinsurance solutions to the...