Actuarial Analyst

Let's talk about who we are

The nib Group has a mission and vision of people enjoying better health. Through our success, we aspire to more prosperous and sustainable communities, not only the creation of enterprise value. nib is a trusted health partner, helping members and travellers make more informed healthcare decisions, transact with healthcare systems and generally live healthier lives.

We're looking for people who share this passion and want to be a part of a team that has the appetite and ambition to be extraordinary. Extraordinary comes in different perspectives and experiences. We're committed to an environment where everyone has the autonomy and freedom to be their authentic selves, every day.

Let's talk about diversity, equity and inclusion

Let's talk about this role

Your new role as the Actuarial Analyst, will see you gain exposure and provide support to the Actuarial team across a wide range of actuarial modelling and advice provided to the nib Group.

You will perform analysis to assist in the assumptions for outstanding claims liability and future claims liability, build and maintain pricing models and communicate the results back to a variety of internal stakeholders.

On an average day as an Actuarial Analyst, you may be:
- Building and designing models to forecast and monitor profitability and performance- Support the monthly valuation of outstanding claims liabilities- Support the determination of future claims liability at half year and full year and interim periods and assist with preparation of inputs to financial statements- Preparing reports, analysis and commentary on industry trends and regulatory changes- Providing support to new business ventures, business cases and M&A activity- Partnering with teams across the organisation for pricing new products and costing product changes

Let's talk about you

With a desire and curiosity to learn and grow into this role, you consider yourself a self-motivated individual with strong problem-solving skills and a high attention to detail.

Furthermore, you will also need:
- Financial modelling and Microsoft Excel skills- Experience or exposure to coding in SQL, R or Python- Be studying towards Associate or Fellowship qualification of the IAA or equivalent actuarial body- Excellent communication and interpersonal skills- A passion for innovation and continuous development of our internal modelling methodologies, including increasing the adoption of machine learning techniques- Ability to work autonomously and as part of a team to solve key business problems- Passion for enabling timely decision making based on data driven insights

Let's talk about working at nib

Our hybrid working approach means our employees work outside of the office for most of the time. Our hubs offer workspaces to connect and collaborate for events, meetings, or activities. To help our employees embrace working outside of the office, we provide financial support to set up and maintain their home workspace. nib's approach to flexibility is focused on personalisation and giving our employees choice - not only in where they work, but also when and how.

Other benefits to support you at work (and play) include:
- Generous discounts on nib health and travel insurance products including 50% discount on employee health insurance- The opportunity to give back to the community through paid leave for volunteering through nib Foundation- Support
- _your better health _- whatever that looks for you - through our nib Well Program and corporate fitness discounts- Access to our employee share plans, short-term incentive program and life and salary continuance insurance benefits- Benefits to support our diverse workforce with 18 weeks paid parental leave for all new parents regardless of carer status, 5 days paid cultural leave for First Nations peoples and 4 weeks paid gender affirmation leave for trans, gender diverse and intersex employees

The fine print

All your information will be kept confidential according to EEO guidelines. Successful applicants will be required to complete a background check (including criminal history and bankruptcy check) prior to commencement of employment.

We acknowledge Aboriginal and Torres Strait Islander peoples as the Traditional Custodians of the lands where we live, learn and work.