Advanced Actuarial Expert for Group Pricing

2 weeks ago

Sydney, New South Wales, Australia beBeeSenior Full time $170,000 - $230,000

We are seeking a highly skilled and experienced actuary to join our team as a Senior Group Pricing Specialist. The successful candidate will be responsible for developing and implementing accurate and timely actuarial pricing analyses of group reinsurance for new business opportunities, existing client base, and internal pricing bases.

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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:

The ideal candidate will have a strong background in actuarial science, with at least five years' experience in the Australian life insurance sector. A qualified actuary (FIAA or equivalent) with advanced actuarial modelling expertise and strong technical skills in MS Office—particularly advanced Excel—is required. Additionally, excellent written and verbal communication skills, sound actuarial judgment, problem-solving abilities, and attention to detail are essential.

Benefits:

We offer a dynamic and supportive work environment, opportunities for career growth and professional development, and a competitive remuneration package. Our company values diversity, equity, and inclusion, and we welcome applications from candidates with diverse backgrounds and experiences.

About Us:

We are a leading global reinsurer, providing innovative solutions to customers around the world. Our company is committed to making a positive impact on society, and we believe that our employees are instrumental in achieving this goal. If you are passionate about actuaries, eager to learn and grow, and committed to delivering exceptional results, we encourage you to apply for this exciting opportunity.

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