Queensland Treasury is seeking a Principal Actuary with strong experience in general insurance to join their team. This role will provide high-level actuarial support, analysis, and advice across a broad range of areas including CTP, injury schemes, and other insurance funds.
The role provides authoritative advice in relation to significant long-term liabilities and also in activities to mitigate the risk to the Queensland Government of CTP insurer insolvency.
This role will also have a potential succession pathway.
Your new opportunity
This role will be an integral part of the State Actuary’s Office and will provide high-level actuarial support across a range of schemes/insurance funds including the Queensland Compulsory Third Party (CTP) Scheme, the Nominal Defendant Fund, the National Injury Insurance Scheme Queensland, and the Queensland Government Insurance Fund (QGIF).
The work ranges from roles where you would be the primary actuary signing off on liabilities etc., to those where involvement is largely at a higher level, keeping abreast of experience and issues to provide regular high-level and more in-depth advice as required.
In this role, you will:
- Provide actuarial services and advice regarding the Government’s general insurance and disability schemes and regulated private sector schemes, with the ability to advise on “non-standard” actuarial matters as required.
- Communicate the results and implications of complex actuarial analysis to stakeholders at all levels, including technical experts, Senior Executives, Ministers, Boards and Parliamentary Committees, as well as Risk, Governance and Advisory Committees of various Government agencies and schemes.
- Build and maintain strong and effective working relationships across Queensland Government departments and agencies, other State and Federal Government agencies, Insurers, external actuarial providers and other stakeholders.
- Lead and manage a small professional team, ensuring ongoing coaching, mentoring and guidance to promote continual development and skills transfer.
What experience you will bring:
- Fellowship of the Actuaries Institute of Australia or equivalent body.
- Minimum of 10 years’ experience in long-tail general insurance roles in actuarial with prior Government experience highly regarded.
- A comprehensive understanding of actuarial modelling tools and strong analytical skills.
- Strong and effective written and oral communication skills and able to work with stakeholders at all levels.
- The ability to understand and manage the nuances of public and private sector insurance schemes and Government policy issues.
- Must be based in Queensland or willing to relocate.
- Must be an Australian citizen or have Permanent Residency.
How to apply
For further information or to apply for this role, please contact Jas Singh FIAA on 0412 738 567 or jas@sklactuarial.com.au
Queensland Treasury is committed to building an inclusive and diverse workforce that reflects the community we serve and treating all applicants equitably. This starts with recruitment, including making reasonable adjustments to support applicants at all stages of the process.
We welcome applicants to share with the hiring manager any health condition, disability, and/or cultural or linguistic background, so that we may make any necessary adjustments to enable you to equitably participate in the recruitment process.
