Jobs
>
Sydney

    Appointed Actuary, Non-Life - Sydney, Australia - Munich Re

    Munich Re
    Default job background
    Description

    The Non-Life Actuarial Risk Management (NLARM for short) team monitors experience and produces quarterly reserve estimates for the business and preparing regulatory reports (AVR and FCR) at year end. We also provide ad-hoc support for the business where actuarial advice is needed and modelling and review support to the broader finance team, including for capital management and reinsurance purchasing. With the introduction of IFRS17, we are an important part of the team providing and quality assuring the results on a group and local basis. Reporting to the CFO, you will lead this close-knit supportive team.

    Your role:

    • Lead the team with the goal of achieving their career aspirations and broader business imperatives
    • Develop competencies of own team to ensure we have the necessary skills to meet customer, stakeholders and employee expectations
    • Establish and implement short and long range departmental goals, objectives, policies and operating procedures whilst maintaining appropriate internal control safeguards
    • Conduct quarterly valuations of Non-Life and Great Lakes Australia's (GLA) insurance liabilities
    • Prepare the annual Liability Valuation Reports for Non-Life and GLA (APRA requirement), Munich Re New Zealand (MRNZ) and GLA New Zealand
    • Prepare the annual Financial Condition Reports for Non-Life, GLA and present to the directors of Munich Re
    • IFRS17 quality assurance of inputs and results and explanation of results
    • Provide actuarial support and advice and other assignments as required by CRO, CFO and Head of Non-Life and GLA business units
    • Provide Actuarial Advice as required under the Actuarial Advice framework and supervise advice provided by Senior Actuaries
    • Supervise development of analytical tools for monitoring Non-Life and GLA

    Your profile:

    • University degree and Fellowship of the Institute of Actuaries of Australia (or equivalent, subject to APRA approval)
    • 5 years+ post qualified experience in a general insurance or general reinsurance environment
    • Team leadership experience
    • Strong communication, negotiation and presentation skills at senior management and Board level
    • Ability to balance statutory requirements along with partnering with the business to achieve commercial outcomes
    • Can manage a diverse range of stakeholders, influencing and driving to sometimes challenging outcomes
    • Knowledge of the Australian and New Zealand Insurance prudential framework and related regulatory and prudential supervisory environment. Knowledge of the Australian and New Zealand Insurance Actuarial Standards and Insurance financial reporting bases
    • Strong competence in actuarial techniques as used in general insurance including triangulation techniques used in the actuarial reserving process, pricing and capital modelling concepts
    • Able to meet the Australian regulator's (APRA) "Fit and Proper" requirements
    • High profile reputation within the insurance/reinsurance industry and actuarial profession

    At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experience, perspectives and thought. This interaction is the foundation of our open culture, spirit of partnership, of how our teams are built and cultivated, and of how we are supported and developed. And at the centre of this interaction is each of us.

    #J-18808-Ljbffr


  • Munich Re Sydney, Australia

    Appointed Actuary, Non-Life · **Company** · Munich Re · **Location** · Sydney, Australia · The Non-Life Actuarial Risk Management (NLARM for short) team monitors experience and produces quarterly reserve estimates for the business and preparing regulatory reports (AVR and FCR) at ...


  • Jobs via eFinancialCareers Sydney, Australia

    Appointed Actuary, Non-Life · Munich Re Sydney, Australia Posted 1 month ago Permanent Competitive · Appointed Actuary, Non-Life · The Non-Life Actuarial Risk Management (NLARM for short) team monitors experience and produces quarterly reserve estimates for the business and pr ...


  • Munich Re Sydney, Australia

    The Non-Life Actuarial Risk Management (NLARM for short) team monitors experience and produces quarterly reserve estimates for the business and preparing regulatory reports (AVR and FCR) at year end. We also provide ad-hoc support for the business where actuarial advice is needed ...


  • eFinancialCareers Ltd. Sydney, Australia

    Appointed Actuary, Non-Life Company Munich Re Location Sydney , Australia · The Non-Life Actuarial Risk Management (NLARM for short) team monitors experience and produces quarterly reserve estimates for the business and preparing regulatory reports (AVR and FCR) at year end. We a ...


  • Munich Re Sydney, Australia Full time

    Appointed Actuary, Non-Life Company Munich Re Location Sydney , Australia · The Non-Life Actuarial Risk Management (NLARM for short) team monitors experience and produces quarterly reserve estimates for the business and preparing regulatory reports (AVR and FCR) at year end. ...


  • Munich Re Sydney, Australia Full time

    The Non-Life Actuarial Risk Management (NLARM for short) team monitors experience and produces quarterly reserve estimates for the business and preparing regulatory reports (AVR and FCR) at year end. We also provide ad-hoc support for the business where actuarial advice is needed ...


  • SCOR Group Sydney, Australia

    In this exciting and fast-paced role you will be working across APAC (including China, North Asia, South Asia & ANZ) supporting the Head of L&H Actuarial, APAC in the management of all L&H group reserving activities with a key focus on IFRS17, Solvency II and any other projects. ...


  • Zurich Insurance Company Sydney, Australia

    A new adventure awaits... · How does 5 weeks leave per year, an impactful career that you'll truly love, and working for a great organisation that empowers wellbeing sound like to you? · At Zurich we're on a journey towards a brighter future... A brighter future for you - focus ...


  • Zurich Insurance Group North Sydney, Australia Full time

    A new adventure awaits... · How does 5 weeks leave per year, an impactful career that you'll truly love, and working for a great organisation that empowers wellbeing sound like to you? · At Zurich we're on a journey towards a brighter future... A brighter future for you - focus ...


  • SKL Actuarial New South Wales, Australia Full time

    Level up your career and work as a trusted advisor within a strong team environment for this established life insurer There are multiple roles available, ranging from Actuarial Analysts to Senior Actuarial Analysts. This role can be based anywhere in Singapore, Hong Kong, or Mala ...


  • SKL Actuarial Sydney, Australia Full time

    Excellent opportunity to join a fast-paced and passionate pricing team within this leading Australian life insurance company. · About the role · Provide technical actuarial and pricing advice on pricing projects and business initiative deliverables within required timeframes · De ...

  • Munich Re

    Valuation Actuary

    1 week ago


    Munich Re Sydney, Australia

    Valuation Actuary (12 month contract) · **Company** · Munich Re · **Location** · Sydney, Australia · Munich Re Australia have a great 12 month parental leave opportunity for a Valuation Actuary to join the Life Actuarial Risk Management (LARM) team. · CFO is responsible for the i ...

  • AXA

    Actuary

    2 weeks ago


    AXA Sydney, Australia

    ln this newly created role, we are looking for an Actuary with 5 years general insurance experience. You may be nearly or recently qualified and will be supporting the Chief Actuary of Australia with the management and delivery of all aspects of the Actuarial function. There will ...

  • XL Catlin

    Actuary

    2 weeks ago


    XL Catlin Sydney, Australia

    **Flexible Work Eligible**: None · **DISCOVER your opportunity** · ln this newly created role, we are looking for an Actuary with 5 years general insurance experience. You may be nearly or recently qualified and will be supporting the Chief Actuary of Australia with the managemen ...

  • SKL Actuarial

    Actuarial Analyst

    1 week ago


    SKL Actuarial Sydney, Australia

    Posted Date 24 April 2024 · Job Type Permanent · Location Sydney · Industry Life Insurance · Contact Name Aliza Yau CA · Our life insurance client is seeking an actuarial analyst to join their team in a role working across reserving, performing actuarial calculations, advanced te ...

  • Munich Re

    Actuarial Analyst

    2 weeks ago


    Munich Re Sydney, Australia

    Actuarial Analyst · **Company** · Munich Re · **Location** · Sydney, Australia · The Life team provides reinsurance services for the life industry in Australia and New Zealand. · The Life team operates in Retail, Group and Direct markets. The Group Insurance team works with life ...


  • Bluefin Resources Sydney, Australia

    Supporting the manager as the 2IC of the EV & Valuation reporting team · - Great team culture, work life balance and flexible working arrangement. · - Market leading remuneration on offer and amazing company benefits · Our client is looking to hire a Life Insurance Actuary to sup ...

  • QBE

    Actuarial Manager

    2 weeks ago


    QBE Sydney, Australia

    Primary Details · Time Type: Full time · Worker Type: Employee- Location: Sydney- Type: Permanent, full time · The opportunity · QBE's global actuarial community is continuing on a programme of strategic change, with a focus on enhanced insight into business performance and decis ...

  • Swiss RE

    Actuary

    3 weeks ago


    Swiss RE Sydney, Australia

    **About the Role** · We are seeking an actuary with approximately 5 years' experience in non-life insurance to assist in the delivery of all actuarial and reserving requirements. You will develop a deep understanding of the diverse, complex and growing insurance and reinsurance b ...

  • QBE Insurance

    Actuarial Manager

    2 weeks ago


    QBE Insurance Sydney, Australia

    **Primary Details** · Time Type: Full time · Worker Type: Employee · - **Location: Sydney**: · - **Type: Permanent, full time** · **The opportunity** · QBE's global actuarial community is continuing on a programme of strategic change, with a focus on enhanced insight into busines ...