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Valuation Actuary

Job Title: Valuation Actuary
Contract Type: Permanent
Location: Sydney
Industry:
Salary: $160,000 - $180,000
Reference: 246061
Contact Name: Rowan Mollison
Contact Email: r.mollison@ensurerecruitment.com.au
Job Published: November 30, 2017 13:31

Job Description

A Life Insurance company is looking to bring in another Qualified Retail Valuation Actuary to join their team of 9 in Sydney. This person needs possess a good amount of local Retail Valuation experience as well as good communication and leadership skills to work alongside some external consultants on the new system building. 

They offer a generous salary package for people that are qualified for this role. 
  • Responsible for the Local and USGAAP monthly and quarterly reporting requirements; including calculating, policy reserves, unearned premium, IBNRs, DAC, pending claims and CICP 
  • Collection and analysis of data for product profitability analysis and determination of valuation assumptions 
  • Perform actuarial investigations, analysis and costings
  • Draft reports on investigations and communicate the results
  • Proactive identification of risks to profit or capital position with recommendations to address
  • Drafting and review of relevant sections of the annual FCR
  • Manage the Actuarial Analysts to ensure the provision of timely, quality actuarial valuations including meaningful analysis and feedback to the business 
  • Oversight of the preparation of statistical and other data for submission to APRA 
  • Working with the Valuation Actuary, Group to support the overall Actuarial Valuation and to manage the day to day responsibilities of the Actuarial Analysts
  • Working with the Capital and EV Actuary to provide input and advice for capital and EV calculations, analysis and advice to the business 
  • Participates in project work as required
  • Maintain full working knowledge of the relevant product and regulatory environment in Australia
  • Proactively contribute to and lead the identification and implementation of ways to do things better within the LEAN framework
If you are interested please make an application or alternatively contact Rowan Mollison on 0293465281 or r.mollison@ensurerecruitment.com.au

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