Actuarial Analyst

2 weeks ago

Docklands, Australia Medibank Full time

**Will you actively create a healthier future for tomorrow?**

At Medibank we’re encouraged to think big. We have a clear purpose to impact better health outcomes for our customers, patients and our community.

We celebrate diversity of thought because we want to make better decisions for our customers. As we work towards our goal of better health for better lives, we value the knowledge and contribution of Aboriginal and Torres Strait Islanders. We are working hard to create an inclusive workplace and develop Indigenous careers.

**The team**

The purpose of the Actuarial & Investment Services team is:

- We partner to achieve better decision-making through data-driven insights, to support sustainable growth and stewardship for our business, and value for our customers._

**The role**

This role will focus on assisting maintaining, enhancing, and building new forecasting models, experience analysis, and actuals vs expected analyses. Additionally, the role will include preparing data and ad hoc analyses to enable the generation of actionable insights and to drive better decisions.

This role will play an integral role in supporting the Actuarial & Investment Services Team at Medibank to meet its obligations and contribute to the success of the organisation.

Your key accountabilities will include assisting with:

- Forecasting, including assisting with the development of the annual corporate plan, periodic forecasts, and monthly spot forecasts.
- Volume, revenue and claims analytics, including assisting with advancing the understanding of these to inform business decisions, and to set forecasting assumptions.
- Participating in the development and maintenance of forecasting tools, with a focus on robust, timely and accurate production that meets the business’ evolving needs.
- Partnering and business advisory.

**About you**

Ideally, you have 2+ years experience working in an Actuarial role in insurance and are able to demonstrate self-drive and initiative. You are an excellent communicator with proven success presenting analytic insights to business stakeholders, to help them make informed, data driven decisions. Your high attention to detail, problem solving mindset and ability to work flexibly to changing business needs will set you up for success in this role.

Other key requirements of this role include:

- Analytics, actuarial, statistics qualifications; student member of the Institute of Actuaries of Australia (or similar overseas actuarial body) or similar professional body.
- Strong financial modelling and data skills (advanced MS Excel skills, SQL). Knowledge in coding, such as R (or python), is an advantage, but not a requirement.

**A career with us**

At Medibank, we believe work is something we do, not somewhere we go. Our modes of working - Collaboration, Connection and Concentration - help inform how your day is structured and where you choose to work will vary, depending on your role and requirements.

We offer a range of great benefits such as subsidised private health insurance, rewards and discounts, and health and wellbeing initiatives. To find out more click here.

**To start small and impact bigger.

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