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Actuarial Analyst

Employer
Suncorp Group
Location
Sydney, Australia
Salary
Competitive
Closing date
Dec 30, 2024
View more categoriesView less categories
Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Actuarial Analyst

Job No: 673842

Sydney - Inner Suburbs & CBD

Permanent Full Time

Analyst, Insurance

Pay Band 3

Being a part of Finance & Advice at Suncorp Group means being switched on, endlessly curious and always adaptable. In return, you'll be supported to bring your own ideas to the table and challenge conventions - with the aim of making life a little brighter, simpler and better for our customers and each other.

The role

The Actuarial Analyst works in the Commercial Valuation team under the Appointed Actuary. This position provides actuarial, analytical and technical support to the team specialising in Commercial lines of business.

What you'll do

Provision of support to the Manager Commercial Valuation for Commercial product lines including:

  • valuations & reporting: Half-yearly valuations which impacts on the company's profitability and balance sheet results, supplementary analysis, development of reporting and self-service tools, presentation of results
  • forecast and business planning support including budget and prospective profitability

Actuarial, analytical and technical support includes:

  • data preparation, validation and analysis
  • working with more senior members of the team to design or assess reasonableness and suitability of models and results
  • documentation of processes, analysis and investigations undertaken
  • preparation of reports to presentation of results

Work collaboratively with teams across the business including portfolio, reinsurance, claims and finance as well as the wider Appointed Actuary team and optimise business outcomes.

What you'll bring

  • Strong results in a bachelor degree with a significant mathematical and statistical component (mandatory)
  • Studying towards Fellowship of the Institute of Actuaries Australia (mandatory)
  • Passed part I and II (desired)
  • 0-2 years of general insurance experience in an actuarial role (desired)
  • Knowledge of spreadsheet modelling (Excel) and data extraction (SQL or SAS) (preferred)
  • Strong analytical aptitude and the ability to think logically
  • IT skills and knowledge of spreadsheets, databases and data structure
  • Ability to manage workloads and strong communication skills.

What we can offer you

Suncorp's employee benefits are designed to support, empower and reward our people. Some of our benefits include:

  • Employee discounts and rewards - exclusive offers on more than 400 of Australia's large retailers including Myer, David Jones, Coles and Woolworths. We also offer discounts across our brands and various products including Suncorp Insurance, AAMI, Shannons, Apia and GIO.
  • Study support - We encourage external learning and offer study support to eligible employees, so you can continue to broaden your career opportunities while you work.
  • Parental Leave - All permanent employees who are primary carers are offered 20 weeks parental leave.
  • Wellness - We offer a wide range of initiatives to promote our employees' health and financial wellbeing. This includes discounts on major brand health insurance, as well as discounted gym membership plans for our people.

It's worth noting that specific benefits may vary depending on the role, level, and location of the employee. For more on our employee benefits, Click Here

Why you'll love working with us

At Suncorp, our purpose has been at the core of our business for over 100 years. To deliver exceptional experiences we've had to become even more customer obsessed, innovative and performance driven than ever before.

Delivering on our purpose has always meant putting words into action. Building futures and protecting what matters is why we're here. Caring for others, being courageous and doing the right thing underpins everything we do.

Chase the sun, apply online today

At Suncorp, we are committed to building futures and protecting what matters. We value the unique experiences, insights and diverse workforce that benefits our people, our business, and our customers. We'd love to see your application and speak with you even if you do not match the above mentioned.

Advertised: 26 Nov 2024 AUS Eastern Daylight Time
Applications close: 06 Dec 2024 AUS Eastern Daylight Time

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