Valuation Actuary

Succession Recruitment Pty Ltd

An interesting and diverse Reserving role with a highly regarded Insurer

  • A diverse Non-traditional Reserving role
  • Great team environment
  • Attractive Salary package and benefits

Join a highly regarded and established Personal Lines and Commercial Insurance provider. Regarded for its innovation and continued growth, this market leader is currently seeking a Valuation Actuary. You will be part of a centralised team providing a range of services from reserving, capital adequacy monitoring, and reinsurance strategy, to all parts of the business in Australia and NZ.
This role is diverse one, responsible for the reserving process across the businesses, and providing support in capital and reinsurance. Key responsibilities include:
  • Oversee valuation process throughout the year.
  • Assist with statutory disclosures and reporting.
  • Manage internal and external communications to all stakeholders in relation to valuation.
  • Assist in statutory reports (Financial Condition report), analysis of forecast capital projections, ICAAP reports and Summary Statement.
  • Assist Reinsurance Manager with reinsurance reporting and extraction of data
  • Work with finance and analytics teams to streamline valuation approach.
This is not a traditional reserving role and will require excellent stakeholder management skills, dealing with multiple products across a complex environment. You’ll have at least 3 years experience in Reserving, and strong general insurance knowledge, ideally across multiple products. Your communication skills will be especially important, able to communicate complex actuarial concepts to non-actuarial audiences. You’ll be comfortable with statistical analysis programs and programming languages such as SQL, SAS, VBA and Excel.
You’ll be either newly or nearly qualified, with tertiary qualifications in Actuarial, Maths or Statistics/ Quant.

For more information or a confidential conversation please call Andrew Macleanan on 02 8123 1140, click Apply, or email your resume to am@successionrecruitment.com.au