Senior Actuary - Model Development & Risk Management

Senior Actuary - Model Development & Risk Management

Job Title: Senior Actuary - Model Development & Risk Management
Contract Type: Permanent
Location: Sydney
Contact Name: Richard Kirwan
Contact Email:
Job Published: January 24, 2020 05:52

Job Description

My client is looking for a Senior Actuary to ownership of model rebuild and design working colaborately with the Corporate Actuarial team. The role is have responsibility for the follow: 

  • rebuild and redesign critical actuarial processes within the actuarial team
  • ensure that models risk management requirements are met for the development, testing and documentation of revamped processes
  • lead development and maintenance of model risk management.

More specifically your main responsibilities will include but not limited to:

  • Build good relationships with actuarial users to deliver enhancements to actuarial processes, delivery and provision
  • Provide analysis, insights and recommendations that support development of changes to deliver better business outcomes
  • Develop models to reduce operational risk and improve productivity of critical actuarial processes
  • Expand the scope of model risk management framework (ICCED) to all teams within Group Actuarial and provide specialist advice on the ICCED Framework to the business
  • Ensure adequate deployment controls, version control and documentation of stochastic financial models

What We Look For In You

  • Tertiary qualification in a quantitative discipline: i.e., actuarial studies, finance or mathematics. 
  • Ideally at least 5 years post qualification experience
  • Knowledge and experience of Australian insurance and financial services market, including market structure, product, distribution, regulation, and governance processes
  • Exceptional experience in Excel/VBA including Finance and Actuarial Models
  • Good understanding of Actuarial Valuation process needs
  • Change management skills plus problem solving and lateral thinking
  • Programming and financial modelling aptitude 
  • Collaborative stakeholder management ability. 
If you are interested to know more about this role, please contact Richard Kirwan on 0418 310 307 or email