Capital Reporting Actuary

This role is responsible for the delivery of capital reporting under the Insurance Capital Standards (ICS) framework ensuring the accurate and timely production analysis and communication of capital results to senior stakeholders and Dai-ichi Life. The position plays a key role in explaining capital movements supporting governance and reporting requirements and managing relationships with external auditors through the coordination and resolution of audit addition the role drives the ongoing enhancement of ICS models and reporting processes with a focus on strengthening model quality controls governance efficiency and overall reporting capability.

In this role you will:

• Produce and deliver Insurance Capital Standards (ICS) results on regular basis in accordance with reporting timetables ensuring accuracy completeness and timeliness.
• Perform analysis of capital movements and key drivers providing clear and insightful commentary to senior management.
• Prepare and present ICS reporting packs for senior stakeholders including the Appointed Actuary
  and CFO.
• Coordinate the delivery of ICS results and supporting analysis to Dai-ichi Life ensuring accuracy
  completeness and timeliness.
• Liaise with external auditors during periodic reviews and audits responding to queries provide high-
  quality supporting documentation implement enhancements to address audit recommendations.
• Lead and support enhancements to the ICS reporting process models and methodologies to
• improve efficiency and accuracy.
• Perform User Acceptance Testing (UAT) for model changes and / or methodology updates.
• Strengthen governance and control frameworks across the ICS reporting process including the development of transparent and traceable review controls.
• Enhance the visibility and documentation of key checks reconciliations and review procedures to support robust risk management and auditability.
• Maintain comprehensive documentation of model changes methodologies assumptions processes and governance decisions.

Qualifications :

• FIAA qualified (or equivalent).
• 5 years post qualification experience in a life insurance (or equivalent) actuarial role.
• Knowledge of the Australian life insurance market products industry structure and trends drivers and profitability regulatory requirements.
• Knowledge of Prophet and spreadsheet modelling.
• Experience in capital reporting valuation financial reporting or a related actuarial or finance function.

Additional Information :

TAL is one of Australias leading life insurers committed to inclusion and supporting the career growth of our diverse workforce. Were proud to be:  

• An Inclusive Employer Recognised as Employer of Choice for Gender Equality by the Workplace Gender Equality Agency from 2014 to 2025 and 2023 to 2026 Bronze Tier Status within the Australian Workplace Equality Index  
• Diversity Champions Member of Diversity Council Australia Australian Disability Network Pride in Diversity and Champions of Change  
• Reconciliation Advocates Read our Innovate Reconciliation Action Plan. 
• We welcome applications from people with diverse experiences perspectives and backgrounds including Aboriginal and Torres Strait Islander people caregivers individuals with disability/ies people from culturally diverse backgrounds and the LGBTQ community.  
• Need adjustments during the recruitment process Let our team know by getting in touch with us here to support you. 

Yourealwaysaccountable for your actions. You never give up. You strive to find the best outcomes for customers and valueworking together to find the best solutions for problems.  

As part of the recruitment process there are several checks which may be conducted to demonstrate your eligibility for a role at TAL including Criminal History Bankruptcy Entitlement to Work Regulatory and Reference Checks.  

#LI-Hybrid 

Everyone at TAL has a responsibility to do the right thing and is accountable for the way they conduct themselves. Our expectations are that you follow the principles set out in our Code of Conduct when you come to work every day. Risk management is everyones responsibility.

If you are already a TAL employee please apply via the SmartRecruiters button in Workday and navigate to the Employee Portal. This is important to ensure that your application is recorded accurately.

Remote Work :

No

Employment Type :

Full-time