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Senior Manager Capital Planning and Strategy

2 months ago


Melbourne, Victoria, Australia AIA Full time

About the Role

The Senior Manager Capital Planning and Strategy role reports to the Chief Actuary and works closely with a range of stakeholders across the business.

Key Responsibilities

  • Drive the identification and implementation of strategies to optimise capital across the company, including assessing capital impacts relating to strategic initiatives, pricing, and reinsurance changes.
  • Prepare ICAAP reporting, capital forecasting, annual budget, and strategic planning.
  • Provide technical input and review of capital methodologies and assumptions, and implications of changes in regulatory standards.
  • Model projections of the AIA Health financials, including the impact on AIA Australia's capital position.
  • Provide leadership and professional guidance to the actuarial staff, through contributions to the Actuarial Professional Family, including ensuring the continual development as a high-performing professional team.

Requirements

  • Qualified actuary with 10 years of post-qualification practical actuarial experience in a business environment.
  • Strong experience in capital management.
  • Deep knowledge of the Australian life insurance, life prudential standards, tax, and legislation, particularly pertaining to capital.
  • Detailed knowledge of regulatory and professional actuarial standards.
  • Detailed knowledge of actuarial processes such as valuation, pricing, and experience investigations.
  • Considerable experience in successfully developing, mentoring, and managing a team of people.
  • Proven project management skills.
  • Very strong analytical skills and attention to detail.

Why AIA?

AIA is a leading life insurance company that helps people live healthier, longer, better lives. We offer a range of benefits, including access to training and development, additional leave days, and flexible working arrangements.

AIA is committed to making a difference in people's lives. We are proud to have been recognised as the Life Insurance Company of the Year in the 2023 ANZIIF awards.