Actuarial Pricing Specialist

3 days ago


Sydney, New South Wales, Australia NobleOak Life Limited Full time

As a key member of the NobleOak actuarial team, you will play a critical role in driving the development and implementation of actuarial disciplines to support the company's growth. In this senior actuarial pricing position, you will be responsible for leading the development and maintenance of pricing strategies, models, and frameworks to ensure the profitability and sustainability of our products.

About the Job

This role will involve working closely with cross-functional teams, including product development, underwriting, claims, finance, and data. You will collaborate with other Senior Actuaries, the Head of Actuarial, CFO, and Finance Team to ensure that best estimate assumptions and future projections support strategic and operational planning.

The ideal candidate will have 10+ years' experience in retail life insurance and corporate actuarial roles, with a strong background in pricing specific roles. A Fellow/Associate of the Institute of Actuaries Australia or equivalent overseas association is highly desirable.

Key Responsibilities
  • Pricing Strategy Development:
    • Develop and maintain pricing strategies and models to ensure market competitiveness and target profitability.
    • Conduct ongoing reviews of product and pricing to ensure regulatory requirements are met.
  • Risk Assessment and Mitigation:
    • Support the actuarial function in assessing and mitigating insurance and financial risks associated with our products.
  • Regulatory Compliance:
    • Ensure all pricing models are compliant with regulatory requirements.
  • Leadership and Collaboration:
    • Lead by example, displaying clear accountability for results and building on a team culture of collaboration and high performance.


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