Actuary

4 days ago

Sydney, New South Wales, Australia Assetinsure Pty Ltd Full time $80,000 - $150,000 per year

About Us...

Assetinsure Pty Ltd is an authorised general insurer in the Australian market. Operating since 2004, Assetinsure is focused on delivering innovative insurance / finance solutions across has a wide and growing number of insurance lines. Assetinsure primarily operates in Australia and New Zealand and is an important member of a global insurance network of specialty insurance providers which has a footprint across South Africa, the UK and Europe.

About the role...

This is an opportunity for a qualified Actuary to build the reserving, capital and reinsurance management capability of Assetinsure to support its growth plans. There are opportunities to work in specialty, credit and direct lines for Assetinsure's direct and reinsurance portfolios. You will be working closely with Assetinsure's global partners, and for high performing candidates, there may be the opportunity to work in the global network.

The key responsibilities will be…

Reporting and analysis

  • Modelling and analysis for pricing, underwriting, portfolio management and management reporting.
  • Forecasting and budgeting.
  • Assist the external Appointed Actuary with reserving analysis.

Reinsurance

  • Provide analytical support to assist with enquiries from reinsurers.
  • Prepare the reinsurance renewal pack, including pre-read material, data and the presentation slides.
  • Maintain the Reinsurance Arrangement Statement.
  • Maintain the Reinsurance Risk Management Strategy.
  • Analyse the capital impact of material changes to the reinsurance retention, structure and pricing.

Capital Management

  • Improve the effectiveness of the Internal Capital Adequacy Assessment Process (ICAAP).
  • Maintain the Capital Allocation Model (CAM) and produce the quarterly reports for the Executive Committee.
  • Capital calculations and APRA reporting.
  • Stress testing and scenario analysis for the business.
  • Build and maintain stochastic models for Assetinsure's credit portfolios to support portfolio management / reinsurance structuring / provide insights on risk exposure and portfolio management.

Risk Management/Board/Regulatory affairs

  • Implement / maintain risk policies relevant to capital, investment and reinsurance management.
  • Board and risk committee reporting for capital, risk reporting and policy updates.

The highly valued skills and attributes are…

  • Advanced analytical skills including strong excel modelling skills.
  • Attention to detail.
  • Excellent communication skills both verbal and written including the ability to communicate technical concepts to a variety of stakeholders.
  • Proven ability to develop strong relationships with key internal and external stakeholders.

The experience required is…

  • 5-8 years relevant actuarial work experience in the general insurance industry
  • Actuarial degree and qualified actuary.
  • Experience in using programming languages such as (SQL/R/Python).

If this sounds like the position for you, please click Apply

Applications close Friday 31st October.

  • Actuarial Analyst

    4 days ago

    Sydney, New South Wales, Australia 9e617933-c9ed-437c-b046-5b423c4d0e61 Full time $80,000 - $120,000 per year

    Actuarial AnalystSummary: Provide support and analysis for the Actuarial Team to enable icare to operate in a sustainable financially sound manner.Sydney CBDSupport the Actuarial Team in data analysis to make decisionsMultiple permanent, full-time position, Sydney CBD locationHybrid working environment, offering attractive renumeration packageAbout the...

  • Actuarial Manager

    2 weeks ago

    Sydney, New South Wales, Australia HCF Australia Full time $180,000 - $250,000 per year

    Senior Actuarial Manager (12-Month Contract)Join Australia's largest not-for-profit health fund and make an impact where it matters most - delivering better health outcomes for our members.The OpportunityWe're seeking an experienced and motivated Senior Actuarial Manager to lead the day-to-day actuarial activities for HCF's Diversified Business portfolio....

  • Actuarial Lead

    4 days ago

    Sydney, New South Wales, Australia 9e617933-c9ed-437c-b046-5b423c4d0e61 Full time $120,000 - $180,000 per year

    Actuarial LeadSummary: Provide support and analysis for the Actuarial Team to enable icare to operate in a sustainable financially sound manner.Sydney CBDDevelop innovative solutions to problems and support best practice actuarial workMultiple permanent, full-time positions, Sydney CBD locationHybrid working environment, offering attractive remuneration...

  • Pricing Actuary

    2 weeks ago

    Sydney, New South Wales, Australia Avant Mutual Group Full time $80,000 - $120,000 per year

    Job: Pricing ActuaryDuration: 12-month contractLocation: Sydney & hybrid working arrangementAvant is Australia's leading medical defence organisation with a proud heritage of protecting Australian medical professionals for over 130 years. An opportunity is available for a Pricing Actuary to join our Pricing and Analytics team in a full-time capacity for a...

  • Pricing Actuary

    2 weeks ago

    Sydney, New South Wales, Australia Avant Full time $80,000 - $120,000 per year

    Job: Pricing ActuaryDuration: 12-month contractLocation: Sydney & hybrid working arrangementAvant is Australia's leading medical defence organisation with a proud heritage of protecting Australian medical professionals for over 130 years.An opportunity is available for a Pricing Actuary to join our Pricing and Analytics team in a full-time capacity for a...

  • Pricing Actuary

    2 weeks ago

    Sydney, New South Wales, Australia Avant Mutual Full time $104,000 - $160,000 per year

    Job: Pricing ActuaryDuration: 12-month contractLocation: Sydney & hybrid working arrangementAvant is Australia's leading medical defence organisation with a proud heritage of protecting Australian medical professionals for over 130 years.An opportunity is available for aPricing Actuaryto join our Pricing and Analytics team in a full-time capacity for...

  • Analyst, Actuarial Consulting

    2 weeks ago

    Sydney, New South Wales, Australia Mercer Full time $60,000 - $90,000 per year

    Merceris seeking motivated and analytical candidates to join our growing team for the following position based in our Sydney or Melbourne office:Analyst, Actuarial ConsultingWhat can you expect?As anAnalyst, Actuarial Consulting,you will support delivery of a range of Actuarial projects in the consulting areas of superannuation and retirement (defined...

  • Head of APAC Actuarial

    4 days ago

    Sydney, New South Wales, Australia Everest Re Group Full time $120,000 - $180,000 per year

    Title:Head of APAC ActuarialCompany:Everest International Reinsurance, Ltd. (Australia)Job Category:AnalyticsJob Description:About Everest:Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and...

  • Senior Actuarial Analyst

    2 weeks ago

    Sydney, New South Wales, Australia Aware Super Full time $80,000 - $120,000 per year

    Your SUPER career starts hereAs one of Australia's largest profit-for-members superannuation funds, we always remember whose money it is and whose future we're looking after. We work to reimagine a new way forward for our 1.1 million members and their communities. Each other. And our world.Sound good? Learn more about us and what we do at Your New Role6...

  • Assistant/Director, Actuarial Enablement

    1 week ago

    Sydney, New South Wales, Australia Liberty Insurance Full time $120,000 - $180,000 per year

    Are you looking to apply innovative solutions across systems spanning different countries and cultures? Join our growing team at Liberty Mutual, which has been recognized as a "Great Place to Work" and one of the "Best Employers for Diversity".This is a unique opportunity to influence and enable the strategic direction of actuarial and data science across...