Graduate Actuarial Analyst

Why Medibank 

At Medibank, our purpose is Better Health for Better Lives. This means everything we do as an organisation is aimed at improving the health and wellbeing of everyone in Australia and helping them lead better quality lives. 

We’ve been around for over 40 years and our customers are at the heart of everything we do. We believe humans are remarkable creatures and capable of achieving extraordinary things. And when we have good health and wellbeing, we can be even better versions of ourselves. 

We believe that health is the human version of a superpower. The enabler of potential. Our people play an important role in unlocking and protecting human potential. We believe that by working together, we’re stronger. 

We’re passionate about nurturing careers, supporting new innovation and thinking, and openly collaborate and share ideas. We’re healthy and active in our lives, and wellbeing is encouraged at every level. 

The Medibank team works together to deliver better experiences for our customers and help everyone in Australia to live better. Just like Medibank’s customers, our people are all unique in their life experiences, skills, and abilities. We respect this and will continue to build a culture that supports physical and mental wellbeing. 

About the opportunity

Our incredible Actuary Pricing team have an exciting new opportunity available for a Graduate who is looking to embark their career within the Actuarial space.

The Actuary Pricing team provides advice to the business on matters relating to health insurance pricing and product development. This role will focus on maintaining, enhancing and building new profitability monitoring systems and processes, and 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 Services at Medibank to meet its obligations and contribute to the success of the organisation.

This is an excellent opportunity where you will be guided and supported by our talented team to assist with the following:

Data – Data champion for the team. In addition to collecting and analysing data, monitor and maintain its quality and help define standards and procedures for using these resources Product monitoring – Responsible for timely delivery of regular monitoring reports. Perform investigation and escalate adverse trends to Actuarial Leads and/or key stakeholders as required. Maintain and improve the pricing artefacts – Maintain and ensure pricing artefacts/analyses are robust and accurate, and are responsive to evolving needs. Support continuous improvement across the team (e.g. automation). Develop insights for pricing and product development– support ad-hoc analysis that affect pricing and product development to provide insights that will drive sound business decisions.

What we are looking for 

We’d love to receive applications from Graduates or current students who are in their final year of university. We can be flexible with part time hours until completion of degree, otherwise this role will be full time hours.

We are open to Graduates who have tertiary qualifications in Actuarial, Commerce, Information Systems, Analytics or Mathematics.

So we’re on the lookout for: 

Innovative thinking  Proven problem-solving skills  A strong sense of curiosity  The determination to deliver brilliantly  A strong connection to our purpose  A love of telling stories through data  Enjoy working in a collaborative environment

Eligibility to apply 

You are eligible to apply for the Graduate Actuarial Analyst role if: 

You are in the final year of your undergraduate or postgraduate degree or you have completed your university studies within 3 years at the time of your application; and  You are an Australian or New Zealand citizen or an Australian permanent resident or hold a graduate working visa. 

---