Actuarial Analyst, Group Valuation

1 week ago

Docklands, 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 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 - and that’s a great purpose to bring us together at work every day.

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.

**The Role**

We currently have an opportunity to join our Finance team as an Analyst, Group Actuarial Valuation which can be based in Melbourne or North Sydney.

In this role, you will produce actuarial related deliverables to support reporting on drivers of profitability and value outcomes of the group insurance business including explaining key drivers to technical and non-technical stakeholders.

Your responsibilities will include:

- Calculating the policy liabilities for balance sheet reporting and using experience investigation analysis to recommend appropriate assumptions for best estimate reporting.
- Calculating the value of inforce 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 (e.g. product, pricing, claims) 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**
- Bachelor of Actuarial Science or similar degree preferred.
- 1 + years' work experience in Life Insurance (or other Financial Services industry) preferred but not essential.
- Be proficient in Microsoft Excel, Word and PowerPoint.
- Ability to understand technical concepts.
- Excellent communication skills, both written and verbal.

**Bringing our best to life - why join us?**
- We do work that makes a genuine difference to our customers, partners and community.
- We have 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.

**Primary Location**: AU-VIC-Docklands

**Work Locations**: Level 16, 727 Collins St Level 16 727 Collins St Docklands 3008

**Job**: Business Enablement

**Organization**: MLC Limited

**Schedule**: Permanent

**Employee Status**: Group Level 1

Full-time

:
**Job Posting**: 11-Sep-2024, 7:40:33 PM

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