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Corporate Actuary - Life Insurance

Corporate Actuary - Life Insurance

Job Title: Corporate Actuary - Life Insurance
Contract Type: Permanent
Location: Sydney
Industry:
Contact Name: Aliza Yau
Contact Email: aliza@sklactuarial.com.au
Job Published: November 27, 2018 14:54

Job Description

The Role

Reporting to the Director of Corporate Actuarial you will be involved in the financial reporting in respect of the Australian operations of a multinational business. This includes the reporting of results based on US GAAP, Australian IFRS, UK IFRS, and Solvency II bases.

 

Duties and Responsibilities

  • Manage the day-to-day actuarial reporting process for the Australian Business Unit.
  • Coordinating the calculation of quarterly US GAAP, UK IFRS and AIFRS balances to the required standard and to agreed timescales, including analysis of results for all lines of business
  • Work with the Appointed Actuary as required to meet the statutory requirements of APRA, PRA and other regulatory authorities in respect of business written by the Australian business unit.
  • Providing the financial projections and scenario analyses required for the annual Plan and ICAAP processes.
  • Producing stress testing and scenario analyses to support business decisions.
  • Providing support and guidance to other team members

Experience

 

  • Good understanding of the Australian life insurance industry preferred
  • Good understanding of at least one or more of the following financial and capital reporting standards, e.g. US GAAP, UK IFRS, AIFRS, LAGIC, Solvency II
  • Qualified actuary (FIAA or equivalent) with up to 5 years post-qualified experience
  • Excellent technical actuarial and analytical skills
  • Ability to independently develop and implement new methodologies
  • Proficient with software packages, such as Excel, Access, and Word
  • Proficient with actuarial modelling software, e.g. MoSes and Prophet

To discuss the role in more detail, please contact Aliza Yau (CA) on 0499 888 857 or aliza@sklactuarial.com.au