Valuation Actuary

3 days ago

Sydney, Australia Munich Re Full time

Valuation Actuary (12 month contract)

**Company**
Munich Re
**Location**
Sydney, Australia

Munich Re Australia have a great 12 month parental leave opportunity for a Valuation Actuary to join the Life Actuarial Risk Management (LARM) team.

CFO is responsible for the integrity of the financial information of the business and the custodian of shareholder value. This includes accounting, all facets of financial reporting, Non-life and Life actuarial reporting, expense management and processing, capital management, investment accounting and tax accounting. The division is a shared service function and it services all entities in Australia and New Zealand.

The LARM team deliver reliable information on financial reporting, analysis, risk, capital and value to stakeholders. In the life insurance reporting system, IFRS17, Solvency and VNB are considered especially complicated. Reporting to the Manager Group Reporting LARM, you will form part of the team that is dedicated to investigating these complex calculations.

**Your Role**
- Help review the Terms of Trade (TOT) for valuation purposes, including implementation, testing, change analysis and communication
- Review the experience analysis (EA) and valuation results
- Assess and report on the quality of treaty and policy data being used by the actuarial systems to determine reserves and policy liabilities
- Maintain, test and document reserve models - IBNR methods and determination
- Deliver high quality reports and other documentation for internal and external reference (including audit)
- Contribute to the production of high quality reports including: Quarterly IBNR report, Quarterly Financial Statement Report, Group Assumption Report and Economic Valuation Report
- Support the development and presentation of management information insights from valuation systems
- Help promote risk management processes within the team
- Review internal process tools and spreadsheets against agreed standards
- Support the development, approval and implementation of valuation dashboards

**Your Profile**
- FIAA or equivalent
- 5+ years post qualification experience in a Life (re)insurance pricing or reserving environment
- Modelling and actuarial valuation system experience (AXIS, SQL and VBA experience)
- Experience in life prudential regime in Australia and internationally including IFRS 17 financial reporting, ICAAP / LAGIC, and Solvency II
- Proficient in producing comprehensive, commercial reports and documentation, including considered opinion and justification of data and content with the ability to present to senior management
- Experience establishing business relationships to ensure appropriate focus on knowledge sharing, to refine operations and ensure data accuracy

**Our Benefits**
- Flexible, hybrid working conditions
- $500 health and wellbeing subsidy available
- Spot bonus scheme

At Munich Re, we embrace and value the interaction of diverse backgrounds, experiences, perspectives and thought. This interaction is our foundation. Of our open culture and spirit of partnership. Of how our teams are built and cultivated. Of how we are supported and developed. And at the centre of this interaction is each

  • Valuation Actuary

    6 days ago

    Sydney, Australia Gen Re Full time

    **Shape the Future Together** General Re Corporation (Gen Re), a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide. Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. Represented in all major reinsurance markets...

  • Valuation Actuary

    18 hours ago

    Sydney, Australia SCOR Full time

    You will report Australia & New Zealand portfolio results quarterly for IFRS17, Solvency II and local statutory regulatory reporting bases. The position is for a 12-month fixed term based in Sydney and reports to the Head of Life & Health Actuarial, ANZ with immediate commencement. **Financial Reporting** - Report Australia and New Zealand portfolio...

  • Actuary, Actuarial Valuation and Assumptions

    3 days ago

    Sydney, Australia Resolution Life Full time

    About Resolution Life Resolution Life Australasia (RLA) is owned by Resolution Life, a global life insurance group focusing on reinsurance, the acquisition and management of portfolios of life insurance policies and selective new business growth in strategic markets. We are one of the leading life insurers in Australia and New Zealand, with ~ 1 million...

  • Actuary / Actuarial Analyst

    2 weeks ago

    Sydney, Australia Employers Mutual Management Full time

    **Actuary / Actuarial Analyst** - **Utilise your analytical skills to contribute to continued success & growth**: - **Work for an organisation that celebrates success with reward and recognition** EML is a leading **Workers Compensation** and **Personal Injury Claims Management** business. Our goal is to help people get their lives back through **ongoing...

  • Actuarial Analyst, Group Valuation

    19 hours ago

    North Sydney, Australia MLC Life Insurance Full time

    Are you committed to bringing your best to life every day? At MLC Life Insurance, we're proud of 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...

  • Actuarial Analyst

    6 days ago

    Greater Sydney Area, Australia NobleOak Full time $80,000 - $120,000 per year

    Posted: 09/10/2025Closing Date: 07/11/2025Job Type: Permanent - Full TimeLocation: Sydney officeJob Category: Shared ServicesThis is a new opportunity in a growing actuarial team. This role will be responsible for performing actuarial calculations and will contribute to key financial decisions by the business. They will also play a pivotal role in assisting...

  • Actuarial Manager

    19 hours ago

    Sydney, Australia Arch Capital Group Ltd. Full time

    With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠. The Actuarial Manager will be responsible for the...

  • Actuarial Manager

    1 week ago

    Sydney, New South Wales, Australia Compare Club Full time $70,000 - $120,000 per year

    Sydney CBDHybrid 1-2 days WFH per weekShape the future of Compare Club's financial insights.We're looking for an experienced Actuarial Manager to take ownership of the valuation of Compare Club's trail commission portfolios across Health Insurance, Life Insurance, Overseas Visitors Insurance and Lending. This is a strategic part-time role (approx. 1–2 days...

  • Actuarial Analyst

    1 week ago

    Sydney, Australia Arch Capital Group Full time

    Actuarial Analyst With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠. **JOB SUMMARY** Arch Financial Holdings...

  • Actuarial Analyst

    1 week ago

    Sydney Inner Suburbs, Australia Suncorp Group Full time

    **Actuarial Analyst** We have an exciting opportunity for Actuarial Analyst to join our Sydney based team on a permanent full-time basis. The Actuarial Analyst will provide actuarial, analytical and technical support to the Actuarial Results team. **Key Responsibilities include**: - Support the delivery of:_ - Consolidated valuation results from Consumer,...