Actuarial Analyst, Group Valuation

1 month ago


Docklands, Victoria, Australia MLC Limited Full time
About the Role

We are seeking an experienced Actuarial Analyst to join our Finance team in Melbourne or North Sydney. As an Actuarial Analyst, you will play a critical role in producing actuarial-related deliverables to support reporting on drivers of profitability and value outcomes of the group insurance business.

Your key responsibilities will include:

  • Calculating policy liabilities for balance sheet reporting and using experience investigation analysis to recommend appropriate assumptions for best estimate reporting.
  • Calculating the value of in-force to support the embedded value calculation.
  • Calculating business planning financials and forecasting end-of-year profit and value results.
  • Producing monthly profit performance analysis and engaging with key stakeholders on key insights.
  • Actuarial-related disclosures for the notes to accounts and policy liability-related forms to submit to APRA.
  • Contributing to relevant sections of the Financial Condition Report.
About You

To be successful in this role, you will have:

  • A Bachelor of Actuarial Science or similar degree.
  • 1+ years' work experience in Life Insurance (or other Financial Services industry) preferred but not essential.
  • Proficiency in Microsoft Excel, Word, and PowerPoint.
  • Ability to understand technical concepts.
  • Excellent communication skills, both written and verbal.
Why Join Us?

At MLC Limited, we pride ourselves on our history of protecting Australians for over 135 years. We provide flexible, affordable, and innovative insurance products to almost 1 million Australians. We're Australian-led and managed, and part of a global network through our partnership with one of the world's leading life insurers, Nippon Life Insurance Group.

We're driven by a powerful purpose, providing our customers and their families with a Promise for Life to be there when they need us most. We work hard to deliver a total customer experience that keeps our customers and partners at the forefront of all our decisions. We're a values-driven business that strives for high performance and growth as we look towards the future.

We offer a supportive, inclusive, and flexible team culture, including hybrid working. We support your growth and development, and careers across our business units and teams that are as unique as our people. We reward and celebrate our successes, through our incentive and recognition programs. We offer tools, resources, and benefits to support your wellbeing, including additional lifestyle leave and our Family Life hub.

We connect and celebrate our diversity at work through our social committees and employee groups, and we contribute to our community with paid volunteer leave and through our sustainability commitments.



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