Actuarial Pricing Expert

5 days ago

Sydney, New South Wales, Australia beBeePricing Full time $120,000 - $180,000

We are seeking an expert to fill a 12-month maternity cover position in Sydney.

This role reports directly to our Head of Group Pricing.

The successful candidate will be responsible for delivering actuarial pricing analyses of group reinsurance for new business opportunities, existing client base, and internal pricing bases.

Key Responsibilities:

  • Pricing, reviewing and writing up pricing documents of new business and renewals of group insurance/reinsurance within agreed deadlines.
  • Providing actuarial input to the Client and Reinsurance Solutions teams for group insurance product terms and conditions advice.
  • Maintaining GL and GSC actuarial pricing models, including loss ratio models, credibility models, termination, and profit share costing.
  • Keeping up-to-date with market research/reports on group insurance experience analyses and market developments.

Requirements:

  • A qualified actuary (FIAA or equivalent) with at least five years' experience in the Australian life insurance sector.
  • In-depth knowledge of group insurance products and current market trends, along with advanced actuarial modelling expertise and strong technical skills in MS Office—particularly advanced Excel.
  • Sound actuarial judgment and problem-solving, excellent attention to detail, and a high level of accuracy.
  • Effective written and verbal communication skills for engaging with both actuarial and non-actuarial stakeholders.
  • Proven experience in managing stakeholder expectations and issue escalation.
  • Ability to take ownership of their work, deliver results within deadlines, and effectively prioritise tasks as the position demands initiative to work independently as well as collaboratively within a team environment.

What We Offer:

  • A culture of respect in our workplace, supporting and encouraging respectful communication and behaviours.
  • Structured onboarding, hybrid working arrangements, EAP, and modern offers for personal development and wellness activities.
  • A sense of community shaped by mutual respect and a readiness to help.
  • A dynamic and international working environment with short decision channels and an open feedback culture.

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