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Job ID: 33261
Job Openings by Title Senior Actuarial Analyst
Location Australia
Position:		 	Senior Actuarial Analyst

Company:			Insurance

Location:				Australia

Job ID:			33261


-Technical modeling of the sales and claims experience.
-Monitoring the portfolio performance.
-Undertaking pricing reviews of the portfolio.
-Providing advice and assistance into the annual budgeting process.
-Conducting monthly valuations of the outstanding claims liabilities.
-Review current pricing structure of the portfolio in conjunction with the Actuarial Manager.
-Production of technical models into the pricing framework.
-Analyze and monitor the effectiveness of rate changes and produce a monthly report on the portfolio results compared to budget.
-Ongoing development of the pricing models to enable effective pricing of the products -Identify areas of the portfolio that require attention and make recommendations for changes where necessary.
-Analyze competitor information and identify areas requiring further investigation.
-Provide support and guidance to junior team members.


-Tertiary qualifications in Actuarial, Mathematics/Statistics, Commerce or related field essential.
-Fellow/Associate of the Institute of Actuaries of Australia (or similar).
-3-5 year’s actuarial experience in personal lines General Insurance.
-Experience with statistical modelling techniques including GLM, GBM etc.
-Experience in portfolio analysis.
-Understanding of risk factors and pricing methods.
-High level of PC skills including SAS/R/Excel.
-Demonstrated ability to analyze information and make recommendations.
-Strong analytical and problem solving skills.
-Strong verbal and written communication skills and the ability to communicate technical concepts clearly, concisely, and in a professional manner.
-Ability to work collaboratively to tight deadlines.
-Understanding the link between reserving, pricing and portfolio monitoring.
-Ability to develop and implement innovative improvements.
-Strong accounting principles and understanding of the general insurance industry products.
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