Valuation Actuary 12 months

Job Summary

This role provides key support to the reserving capital management and assumption setting functions of the ANZ Valuation team.

You will support quarterly reporting of financials of SCORs Australia & New Zealand business on the group basis.

This is a 12month full-time contract position as maternity leave cover with a planned start date in mid-August 2026based in Sydney and reports to the Head of Life & Health Reserving AN.

Key duties and responsibilities

Financial Reporting

• Calculate insurance contract liabilities including impacts of assumption model changes and sensitivities

• Upload cashflow projection data and estimates into reserving systems

• Ensure correct data flow to downstream systems

• Explain financial results including analysis of change

• Propose reserving assumptions based on experience study results

Prophet Modelling

• Setup and run Prophet cashflow projection models

• Perform user acceptance testing of model changes as required

Quality Assurance and Business Process Optimisation

• Assess reasonableness of projections and financial results

• Validate data quality in SCOR reserving systems

• Execute controls in the valuation process

• Respond to internal reviewers queries

• Optimise business processes through automation of processes

• Connect with SCORs Asia-Pacific actuarial community

Experience

• Fully qualified actuary or partially qualified actuary progressing through exams

• Knowledge of IFRS17 essential

• Life insurance financial reporting or valuation experience required

• Highly proficient user (coding not required) of Prophet actuarial projection system

• Advanced Excel skills

• Advanced SQL and Python programming skills

Competencies

• Agile resilient and comfortable with handling ambiguity shifting priorities adapts quickly to new information and requirements

• Inquisitive and analytical mindset knowing links between data systems and processes

• Capable of balancing precision and practical business mindset

• Effective written and oral communication skills

• Strong problem solving time and project management skills

• Enthusiastic can do attitude approach to fast-paced work

• Manage the reasonable expectations of stakeholders

• Work collaboratively with teams in multiple geographic SCOR locations

Required Education

• Associate or Fellow of the Actuaries Institute of Australia (or equivalent)

• Relevant degree in an actuarial studies commerce or related field