Current Opportunity

Actuarial Manager-Reserving & Capital

Posted Date 3 April 2024

Job Type Permanent

Location Sydney

Contact Name Aliza Yau CA

Our client is a multinational insurer looking for an actuarial manager join their reserving team.

Responsibilities:

  • Develop and maintain actuarial reserving processes to comply with regulatory requirements and best practices
  • Development and review of monitoring processes to support the reserving function
  • Collaborating with underwriting, finance and claims to gather relevant insights for reserving
  • Maintain loss projection models for premium liabilities
  • Responsible for preparing regulatory reporting deliverables
  • Engaging with external auditors and reviewing actuaries
  • Supporting the finance team to report insurance liabilities under Australian and US GAAP
  • Maintaining suitable financial projections for the business
  • Supporting capital management processes for the ICAAP
  • Undertaking ad hoc investigations into specific areas or topics of interest where actuarial advice is to be provided
  • Assisting with the continued evolution of business processes
  • Foster development of junior members of the actuarial team

About You:

  • Qualified or nearly qualified Fellow with the Institute of Actuaries of Australia or equivalent body
  • Strong knowledge of actuarial valuation techniques and processes, with a view on best practices
  • Strong technical and analytical skills
  • Strong written and verbal communication
  • Ability to deliver results under tight deadlines and competing objectives
  • Must be proficient with Microsoft Excel skills
  • Robust inter-personal skills and willingness/ ability to function as member of a multi-disciplined, international team
  • Minimum 4 years of actuarial experience within general insurance
  • Experience in LMI would be highly regarded but is not essential

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