▷ [Immediate Start] Pricing Actuary / Senior Pricing Actuary

Pricing Actuary / Senior Pricing Actuary

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Munich Reinsurance Company of Australasia Limited (MRA) is the APRA authorised life insurer in Australia. MRA is part of the wider Life Asia Pacific division, with its hub in Singapore with its purpose to drive sustainable life insurance with our clients for our community.

The Group Insurance team is responsible for managing MRA’s and growing MRA’s group insurance portfolio. The team works closely with life insurers clients, as well as playing an active role in supporting all business functions across MRA to provide exceptional service to new and prospective group insurance clients.

Your Role:

The primary objective of the position is to work with all areas of the Life business to ensure we deliver to goals, through timely client profitability analysis that delivers positive outcomes for allocated clients and creation of a profitable and sustainable future for the business.

This will also include:

- Management of allocated client pricing relationships
- Leadership in pricing process improvement (efficiency and control)
- Management of the delivery of product and pricing changes
- Management of requests for proposals and responses to tenders
- Provision of technical support and guidance for the pricing team
- Provision of timely and appropriate advice to internal stakeholders, to ensure understanding of profitability and proposing solutions where required
- Role modelling leadership and continually improving team performance and capability through feedback, development and empowerment
- Performing risk controls effectively, efficiently and economically, within the accountabilities of the function

Your Profile:

- Qualified Actuary (Fellow - FIAA or equivalent international standard)
- Knowledge of the Life Insurance Acts in Australia
- 7+ years life pricing experience in the Australia/NZ market is essential
- 3+ years Australian Group life pricing experience is essential
- Experience leading projects / quotes is preferred

Unlock your potential with a market leader who will help you break new ground and make global impact. Our greatest strength lies in our employees. The Munich Re team environment is designed to help you be your very best. We actively support you in the growth of your professional and personal development, through:

Continuous Conversations

We use a multi-directional and frequent feedback loop to help our employees understand how they can optimise performance, both individually and as a team.

You are entrusted to own and lead your personal and professional development; and we are dedicated to providing you with tools and opportunities to accelerate learning and advancement in your career.

We actively support career mobility, and our strong global and regional presence offers a wealth of career growth opportunities for you.

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Creating an inclusive environment is a crucial part of the Munich Re culture, and we are committed to our Diversity & Inclusion Policy. We also seek to provide a fair and supportive work environment which provides learning and development opportunities for all.

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