Actuary

  • 39049
  • Non-Life - Actuarial
  • |
  • Australia
  • |
  • Feb 5, 2021
Insurance
RESPONSIBILITIES
  • Support business decision-making processes such as capital management, risk management, reinsurance, catastrophe aggregations, reserving, and asset liability management
  • Support the development and maintenance of the global capital model, including prioritisation and implementation of proposed model developments and management of model releases
  • Perform analysis to determine the capital needs of the business
  • Contribute to the use of the model for capital allocation, risk appetite monitoring, operational risk modelling, reserving variability analysis and analysing reinsurance options
  • Performing validation and ensuring appropriate checks are performed within processes to minimise inaccuracies
  • Crafting reports and presentations for internal management, rating agencies and regulators
  • Build relationships and collaborate with wider Actuarial, Risk, Reinsurance and Exposure Management functions globally to enable appropriate consistency of process, and encourage the sharing and adoption of standard methodologies
QUALIFICATIONS
  • Relevant tertiary qualifications (Actuarial institute or equivalent body)
  • General insurance industry experience (within Capital modelling, pricing, or reserving) is advantageous, but other actuarial backgrounds will be considered
  • Strong knowledge of the insurance industry and current market environment including regulatory requirements
  • Strong understanding of industry best practice in actuarial analysis and modelling
  • Good understanding of underwriting; claims; catastrophe modelling; reserving; reinsurance; pricing
  • Solid VBA, Access, Excel, and SQL skills.
  • Knowledge of Igloo financial modelling software essential
  • Excellent problem-solving and analytical skills
  • Ability to produce reports and data for technical audiences and senior management
  • Ability to build relationships and engage with stakeholders across all levels of the business