Actuarial Analyst - Group Risk

Company Description

Welcome to This Australian Life. 

From the millions of Australians we protect, to those that make it happen every day at TAL, people really are what we’re all about. We want to grow with you. Achieve with you. And support you to do your best work. That's why we're focused on developing leadership, promoting diversity, rewarding excellence and retaining great talent.

We're always looking for people who want to go further with us. People who do what’s right, aim high, and work smart. Why not see where we can go

Job Description

In this role, you will be part of the Group Risk team that reports to the Head of Actuarial.
This team will also work closely with the Commercial Solutions function which is responsible for strategic actuarial management. The role will help deliver and communicate the results and associated insights for TDA’s Group Risk business, which is the largest in the Australian market.

Key Accountabilities:

• Support transformation activities to enhance the productivity, efficiency and operational risk of the valuation processes.
• Support the quality assurance and governance requirements for the production valuation models, including overseeing all changes that flow through the valuation process and managing UAT.
• Support wider Finance deliverables such as the long-term plan.
• Support wider product and pricing deliverables such as new products, product enhancements, repricing and retention initiatives.
• Support the valuation process for the TDA Group Risk business. This includes the execution of valuation models to deliver monthly, quarterly, semi-annual and annual performance reporting across statutory and management reports. Deliver these to timetable deadlines and within materiality limits.
• Support continual improvement in the Group Risk valuation reporting functions, across processes, systems, data, models and people.
• Support insightful analysis into actual and forecast results, that feeds back into proposed management actions to enhance the business. This includes insights into emerging experience and trends, risk and portfolio dynamics.

Qualifications

You will have Tertiary qualifications in Actuarial studies, Mathematics, Finance or related discipline and making good progress through actuarial exams (IAAust or equivalent). You will also have prior experience in the life insurance industry and preferably in financial
reporting and/or modelling.
You will have also have:

• Strong Prophet modelling skills
• Good time management and prioritisation skills
• Ability to investigate and resolve complex issues
• High attention to detail
• Strong initiative
• Strong Excel skills, including VBA
• Good communication and inter-personal skills
• Good understanding of databases and SQL

Additional Information

At TAL we value diversity in all its forms and are committed to fostering an inclusive and equitable culture for all our people. We encourage Aboriginal and Torres Strait Islander people, individuals from all backgrounds, including those with caring responsibilities, people living with disability, and individuals from the CALD and LGBTQI+ communities to apply. Even if you don’t check every box in the criteria above, we encourage you to apply today or get in touch with us here.

To provide you with the best experience, we can accommodate you at any stage of the recruitment process. Simply inform our Recruitment team at any time.

TAL is recognised by the Workplace Gender Equality Agency as an Employer of Choice. We are proud to be a member of Diversity Council Australia and the Australian Network on Disability. For information on our reconciliation journey, take a look at our Innovate Reconciliation Action Plan.

We acknowledge the Traditional Custodians of the Land in which our Head Office is based, the land of the Gadigal people of the Eora Nation, and recognise their deep connections to the land, sea, and culture.
We extend this acknowledgment to the many Traditional Lands that we operate across and pay our respects to Elders past, present, and emerging.

Everyone at TAL has a responsibility to do the right thing and is accountable for the way they conduct themselves. Our expectations are that you follow the principles set out in our Code of Conduct when you come to work every day. Risk management is everyone’s responsibility.

If you are already a TAL employee please apply via the SmartRecruiters button in Workday and navigate to the Employee Portal. This is important to ensure that your application is recorded accurately.