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Valuation Actuary (Life Insurance)

Valuation Actuary (Life Insurance)

Job Title: Valuation Actuary (Life Insurance)
Contract Type: Permanent
Location: Sydney
Industry:
Reference: 18528
Contact Name: Aliza Yau
Contact Email: aliza@sklactuarial.com.au
Job Published: January 25, 2018 17:55

Job Description

Responsibilities:

  • Manage and lead statutory reporting requirements and experience investigations. 
  • Perform data extraction, reconciliation, Prophet modelling, calculation of policy liabilities and assist on analysis of profit on a monthly basis.
  • Modify Prophet projection models as required and ensure documentation of modelling changes is kept up to date.
  • Conduct experience investigations for both setting internal best estimate assumptions and participating in external industry surveys.
  • Pro-actively seek ways to improve the efficiency and maximise the value-add of the valuation team.
  • Provide value adding advice to understand the life insurance business drivers, and support business initiatives and projects.
  • Establish working relationships with peers across the actuarial and finance teams in Finance Insurance and Life Insurance Business.
  • Review own and other's work to ensure integrity.

 

Qualifications:

  • 5+ years experience in life insurance or financial services industry
  • Demonstrate business acumen by extending actuarial analysis into practical commercial solutions;
  • Strong communication skills
  • Experience in life insurance valuation highly desirable
  • Experience in modelling software such as Prophet desirable