Valuation Actuary

Job Title: Valuation Actuary
Contract Type: Permanent
Location: Sydney
Salary: Up to $170,000 including bonus
Reference: 2732165
Contact Name: Rowan Mollison
Contact Email:
Job Published: May 14, 2018 17:08

Job Description

The purpose of this role is to support the Deputy Chief Actuary, Valuations and Delivery with the primary end to end responsibility for the valuation.
More specifically your responsibilities will include but will not be limited to:
  • End to end delivery and communication of monthly reporting; profits, embedded values, value of new business, including analysis of variances to plan and analysis of change by source.
  • Deliver policy liabilities and embedded values as disclosed in Half Yearly Investor Reports, Statutory / Life Act reports, and financial condition investigations required by the Life Act,  Board and the Group Actuary.
  • Maintain and enhance current actuarial valuation processes considering speed, quality and simplicity.
  • Documentation of process/enhancements, management of key person risk and strengthen the risk management and internal controls within the actuarial function.
  • Assist in delivering key actuarial inputs to the annual strategic planning and forecast process for Wealth Protection business
With your FIAA/FIA qualifications what we also look for in you is:
  • Ideally at least 2 years post qualification experience in a broad range of roles
  • An understanding of the actuarial aspect of Life Insurance Act 1995, APRA Prudential Standards and related regulations.
  • Experience in the Insurance industry, specifically the Retail and Group Life and Disability markets
  • Understanding of the products and systems
  • Experience in the use of Prophet
  • Analysis and problem solving
  • Verbal and written communications skills
  • Prioritising and time management
If the above looks of interest please make an application or contact Rowan Mollison on 0490788613 or

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