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Actuarial Analyst - Life Valuation

Actuarial Analyst - Life Valuation

Job Title: Actuarial Analyst - Life Valuation
Contract Type: Permanent
Location: Sydney
Industry:
Contact Name: Richard Kirwan
Contact Email: richard@blackwaterrecruitment.com.au
Job Published: January 24, 2020 04:16

Job Description

The purpose of the role is to deliver regular financial reporting for the Wealth Protection, Superannuation & Investments products and support ad-hoc business projects. Analysts gain exposure to the entire product set and develop deeper skills and knowledge of more than one product. 

Main focus areas 

  • An actuarial analyst’s primary focus is to develop a detailed understanding of assigned products and associated processes to proficiently:
  • Conduct the monthly valuation for a variety of financial reports including profit reporting, analysis of variances to plan, analysis of change by source, capital and embedded value reporting
  • Provide meaningful analysis and commentary on financial results for inclusion in management, committee and Board reports
  • Assist in actuarial investigations such as experience investigations, expense analysis and allocation, and best estimate assumption setting.
  • Support the maintenance and enhancement of current actuarial processes and models
  • Strengthen the areas of risk management and internal controls within the actuarial function
  • Liaise with other finance teams to ensure the accuracy of data and answer queries 

Experience required

  • Two years life insurance industry experience.
  • Previous experience in valuation roles will be looked upon favourably.

Qualifications 

  • Bachelor’s Degree in actuarial or related studies
  • Working towards Actuarial Fellowship