Actuarial Senior Analyst

Sydney - Australia

Monthly Salary: Not Disclosed

Posted on: Yesterday

Vacancies: 1 Vacancy

Job Summary

Job title: Senior Actuarial AnalystLocation: Sydney NSWDuration: PermanentJob type: Full-timeAvant is Australias leading medical defence organisation with a proud heritage of protecting Australian medical professionals for over 130 Corporate Actuarial team is responsible for actuarial oversight of Avants medical indemnity and private health insurance businesses and for capital management. The purpose of this role is to support the Actuary in the Corporate Actuarial team and the Appointed Actuary in delivering high-quality actuarial analysis and reporting. This includes statutory and management reporting pricing and budgeting valuation papers review and updating of actuarial models and ad hoc projects and key responsibilities include:Regulatory & Core Reporting including assisting with the production of monthly quarterly & half yearly valuation papers Internal Capital Adequacy Assessment Process reports and draft Board of quarterly capital adequacy calculations and APRA submissions as well as preparation and data analysis for the Financial Condition Report (FCR);Capital Management and monthly capital analysis and varied project & Process Improvement to reduce cycle times through automation documentationcontrol of data from different sources and interpret the variances to people with limited knowledge of the and improve tooling across SAS Excel Igloo 6 and similar statistical & actuarial with key stakeholders across the organisation particularly within Finance Product and Claims to align assumptions reconcile outputs and communicate findings clearly to both technical and non-technical of internal reviews sign offs and governance for major be successful in this role you will have the following preferred capabilities (qualifications experience and skills):Bachelors degree in Actuarial Studies Mathematics or of Part 1 and 2 exams and sufficient progress in Part 3 exams towards FIAA.2-5 years practical experience in actuarial roles in a general insurer or health insurer (wealth and life insurance sector experience will also be considered).Strong written and oral communication skills for drafting papers and presentations including the ability to translate analytics into business actuarial technical skills in claims reserving and good understanding of capital financial acumen: including an understanding of P&L Balance Sheets data skills in SAS Igloo 6 (or equivalent) Excel and model governance; ability to diagnose and fix input errors and control gaps. Exposure to Python is capital modelling experience is insurance product knowledge is an advantage but not ability to manage overlapping work at AvantAt Avant our people are the centre of everything we do for our members. We offer a range of benefits and opportunities to enable you to make a difference learn and grow in your value our people by offering an inclusive workplace with a diverse range of benefits flexible working options career development and internal mobility flexible working arrangements are designed to enable genuine work-life development is our priority and we have a variety of learning and development programs that will support you in your offer support to our people via Employee Assistance Program (EAP) Health and Wellbeing programs Tertiary Education Sponsorship and have a diverse and connected work environment where your contribution and ideas will be valued and respected and make a real difference to the lives of now represents 90000 health practitioners and medical students across every state and territory delivering market leading products and services to meet their professional personal and practice needs. Building on this heritage our vision is to be the most trusted professional partner in supporting doctors throughout their lives and a mutual organisation owned by members and run purely for their benefit our members are at the centre of all we do. As well as providing products and services to our member we play a broader community role by advocating for improvements in the healthcare system and in quality safety and professionalism in medicine through delivering education and research further information please contact Camilla Overall Senior Talent Acquisition Business Partner on

Required Experience:

Senior IC

Required Experience:

Senior IC