Appointed Actuary, Non-life
1 week ago
Appointed Actuary, Non-Life **Company** Munich Re **Location** Sydney, Australia The Non-Life Actuarial Risk Management (NLARM for short) team monitors experience and produces quarterly reserve estimates for the business and preparing regulatory reports (AVR and FCR) at year end. We also provide ad-hoc support for the business where actuarial advice is needed and modelling and review support to the broader finance team, including for capital management and reinsurance purchasing. With the introduction of IFRS17, we are an important part of the team providing and quality assuring the results on a group and local basis. Reporting to the CFO, you will lead this close-knit supportive team. **Your role** - Lead the team with the goal of achieving their career aspirations and broader business imperatives - Develop competencies of own team to ensure we have the necessary skills to meet customer, stakeholders and employee expectations - Establish and implement short and long range departmental goals, objectives, policies and operating procedures whilst maintaining appropriate internal control safeguards - Conduct quarterly valuations of Non-Life and Great Lakes Australia’s (GLA) insurance liabilities - Prepare the annual Liability Valuation Reports for Non-Life and GLA (APRA requirement), Munich Re New Zealand (MRNZ) and GLN - Prepare the annual Financial Condition Reports for Non-Life, GLA and present to the directors of MHA. For GLA to the FIC of GLISE - IFRS17 quality assurance of inputs and results and explanation of results - Provide actuarial support and advice and other assignments as required by CRO, CFO and Head of Non-Life and GLA business units - Provide Actuarial Advice as required under the Actuarial Advice framework and supervise advice provided by Senior Actuaries - Supervise development of analytical tools for monitoring Non-Life and GLA **Your profile** - 5 years+ post qualified experience in a general insurance or general reinsurance environment - Team leadership experience - Strong communication, negotiation and presentation skills at senior management and Board level - Ability to balance statutory requirements along with partnering with the business to achieve commercial outcomes - Can manage a diverse range of stakeholders, influencing and driving to sometimes challenging outcomes - Knowledge of the Australian and New Zealand Insurance prudential framework and related regulatory and prudential supervisory environment. Knowledge of the Australian and New Zealand Insurance Actuarial Standards and Insurance financial reporting bases - Strong competence in actuarial techniques as used in general insurance including triangulation techniques used in the actuarial reserving process, pricing and capital modelling concepts - Able to meet the Australian regulator's (APRA) "Fit and Proper" requirements - High profile reputation within the insurance/reinsurance industry and actuarial profession **Our benefits** - We have many attractive benefits to offer you, including 16% superannuation - Enjoy increased annual leave entitlements - Flexible, hybrid working conditions At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experience, perspectives and thought. This interaction is the foundation of our open culture, spirit of partnership, of how our teams are built and cultivated, and of how we are supported and developed. And at the centre of this interaction is each of us.
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Valuation Actuary
3 days ago
Sydney, Australia Gen Re Full timeShape Your Future With Us General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide. It owns General Reinsurance Corporation and General Reinsurance AG, which conducts business as Gen Re. Gen Re delivers reinsurance solutions to the...
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Actuarial Analyst
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Sydney Central Business District, Australia HCF Full time**About HCF** At HCF, our purpose is to bring our human touch to healthcare. Since 1932 we’ve been putting our members and their health first. As Australia’s largest not-for-profit health fund, we cover over 1.7 million members with health, life, travel and pet insurance and our vision is to make healthcare understandable, affordable, high quality and...
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Actuarial Analyst
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Sydney Central Business District, Australia HCF Full time**About HCF** At HCF, our purpose is to bring our human touch to healthcare. Since 1932 we’ve been putting our members and their health first. As Australia’s largest not-for-profit health fund, we cover over 1.7 million members with health, life, travel and pet insurance and our vision is to make healthcare understandable, affordable, high quality and...
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Valuation Actuary
1 day ago
Sydney, Australia Munich Re Full timeValuation Actuary (contract) **Company** Munich Re **Location** Sydney, Australia Munich Re Australia has a great parental leave opportunity for a Valuation Actuary to join the Life Actuarial Risk Management (LARM) team. The wider finance team is responsible for the integrity of the financial information of the business and the custodian of shareholder...
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Actuarial Analyst
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Sydney, Australia Munich Re Full time**Actuarial Analyst**: Career Level 2 **Location** Sydney, Australia The Experience Analysis is responsible for producing detailed biometric analyses of the Life business experience using detailed knowledge of the life insurance market and actuarial practice. The vision of the team is to be seen as a key contributor of valuable insights which can be used...
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Actuary
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Sydney, Australia TAL Full time**Company Description** - Flexible work hours | hybrid model - Wellbeing benefits - mental, physical & financial support - Collaborative team environment - Opportunities for personal and professional development **Why join us?** Welcome to TAL. As a leading life insurer, we’ve been protecting Australians for over 150 years. Backed by Dai-ichi Life, we're...
