Portfolio Actuary

**Company Description**
- ** Enjoy work-life balance with flexible working options**:

- ** Work with experienced and skilled colleagues who support and inspire one another**:

- ** Thrive in a workplace where we tackle challenges together**

Welcome to TAL. As a leading life insurer, we’ve been protecting Australians for over 150 years. Backed by Dai-ichi Life, we're driven by big ambitions and empower to create better products and services.

Together with our Partners, we’re helping millions of Australians live a life filled with choices, options, and freedoms. See the direct impact you make delivering support and financial security with care and expertise. Grow beyond expectations with diverse roles, global connections, and exclusive learning opportunities.

Work with passionate, bright and capable colleagues. Feel inspired by supportive leaders. Collaborate with heart, where flexibility, wellbeing and inclusivity is valued. Together, we're reimagining insurance.

So, bring a curious mind and an ambition to help us become the progressive, digitally-enabled leading insurer.

This role offers a unique opportunity to join TAL’s Individual Life Pricing and Value team, where you will lead and support strategic pricing initiatives to manage the value of heritage portfolios across Retail and Direct channels. Responsibilities include designing and delivering pricing initiatives for inforce business, ensuring product and pricing sustainability, and maintaining the portfolio and pricing capabilities. Success requires strong collaboration with internal stakeholders, including operational and remediation teams, as well as excellent analytical and problem-solving skills and a deep understanding of Life Insurance products, pricing, regulatory environment, and industry issues.

In this role you will:

- Leading and driving pricing analysis and insight across a range of inforce propositions, ensuring that TAL’s Individual Risk products maintain the appropriate balance of market attractiveness, customer benefit and target profitability metrics
- Analysing claims, lapse and sales data in the setting of assumptions and premium rates and to assist with producing business insights and design of business initiatives
- You will be accountable for the provision of detailed technical analysis as the pricing lead on remediation activities - a comprehensive, ongoing program of varied work that will span a range of products, issues and stakeholders.
- Producing quotes and other ad hoc actuarial calculations to provide technical assistance to the business
- Proactively develop solutions to improve the automation and efficiency of manual calculations, and articulate the business benefits
- Review core documentation (policy documents, marketing material, commercial agreements with third parties e.g. reinsurers) for accuracy, transparency and risk management.
- Support a highly collaborative team environment and create opportunities to share knowledge between peers and colleagues.
- Provide a range of technical assistance to the broader Pricing and Value team in the support of strategic initiatives.

**Qualifications**
- Ability to solve complex commercial and actuarial problems and a natural desire to think laterally.
- Relevant tertiary qualification (e.g. Actuarial, Statistics, Mathematics, Engineering).
- Minimum 3 years’ working experience in pricing or valuation of life insurance individual risk products in Australia.
- Ability to understand technical analysis and learn quickly.
- Ability to work and communicate effectively with others and manage stakeholders, including less technical colleagues.
- A strong track record of thoughtful, innovative and well-executed work.
- Knowledge of the current regulatory and commercial operating environment for Australian Individual Risk business, both advised and direct, strongly preferred.

**Additional Information**
TAL is one of Australia’s leading life insurers, committed to inclusion, and supporting the career growth of our diverse workforce. We’re proud to be:

- An Inclusive Employer - Recognised as Employer of Choice for Gender Equality by the Workplace Gender Equality Agency and Bronze Tier Status within the Australian Workplace Equality Index
- Diversity Champions - Member of Diversity Council Australia, Australian Disability Network, Pride in Diversity and Champions of Change
- Reconciliation Advocates - Read our Innovate Reconciliation Action Plan.
- Need adjustments during the recruitment process? Let our team know by getting in touch with us here.—we’re here to support you

You’re always accountable for your actions. You never give up. You strive to find the best outcomes for customers and partners. And you value working together to find the best solutions for problems.

As part of the recruitment process, there are several checks which may be conducted to demonstrate your eligibility for a role at TAL including Criminal History, Bankruptcy, Entitlement to Work, Regulatory and Re