Actuary

The Hospitals Contribution Fund Of Australia Limited; Sydney; On-site; AUD 150,000 - 210,000; Full time

Benefits offered by this job

Flexible working arrangements

50% subsidy on hospital/extras cover

18 weeks parental leave

Mental health and wellbeing programs

Product/insurance discounts

Job summary

The Hospitals Contribution Fund Of Australia Limited (HCF) in Sydney CBD is seeking a commercially minded Pricing Actuary to provide actuarial analysis, pricing support and strategic advice across our product portfolio. You will work with Product, Finance, Growth and Risk teams to influence pricing and product development, monitor performance and present findings to senior stakeholders.

This role offers exposure to cross-functional initiatives and the opportunity to shape health insurance

Qualifications

• Degree in Actuarial Studies, Mathematics, Statistics or related discipline.
• Progressing towards or qualified as a Fellow/Associate of the Actuaries Institute (or equivalent).
• Strong experience in actuarial, pricing, product, portfolio analytics or insurance-related roles.
• Experience within Private Health Insurance is highly regarded but not essential.
• Strong analytical, problem-solving and data interpretation skills.
• Advanced Excel skills and experience with SQL, SAS or other data analytics tools.
• Excellent stakeholder management and communication skills, with the ability to influence at all levels of an organisation.

Responsibilities

• Deliver actuarial analysis and insights to support product strategy, pricing and portfolio performance.
• Identify trends, risks and opportunities through analysis of product, customer and market data.
• Support development, enhancement and implementation of new products and product features.
• Provide actuarial input into business initiatives, financial modelling and strategic projects.
• Monitor product performance and recommend actions to improve outcomes.
• Prepare reports, presentations and recommendations for senior stakeholders.
• Partner with cross-functional teams to deliver product and pricing initiatives.
• Support regulatory, governance and compliance requirements.

Skills

Actuarial Pricing

Data analysis

Stakeholder management

Communication

Pricing strategy

Analytical thinking

Education

Actuarial Studies degree

Fellow/Associate of the Actuaries Institute

Tools

SQL

SAS

Excel

Job description

Join HCF and help shape the future of health insurance products through data-driven insights, pricing strategy and innovation.

Actuary - Pricing - Sydney CBD (HCF House)

We’re seeking a commercially minded Pricing Actuary to provide actuarial analysis, pricing support and strategic advice across HCF’s product portfolio. Working closely with Product, Finance, Growth, Risk and Executive stakeholders, you’ll play a key role in product development, performance monitoring and business decision-making.

What you’ll be doing

• Deliver actuarial analysis and insights to support product strategy, pricing and portfolio performance
• Identify trends, risks and opportunities through analysis of product, customer and market data
• Support the development, enhancement and implementation of new products and product features
• Provide actuarial input into business initiatives, financial modelling and strategic projects
• Monitor product performance and recommend actions to improve outcomes
• Prepare reports, presentations and recommendations for senior stakeholders
• Partner with cross-functional teams to deliver product and pricing initiatives
• Support regulatory, governance and compliance requirements

About you

• Degree qualified in Actuarial Studies, Mathematics, Statistics or a related discipline
• Progressing towards or qualified as a Fellow/Associate of the Actuaries Institute (or equivalent)
• Strong experience in actuarial, pricing, product, portfolio analytics or insurance-related roles
• Experience within Private Health Insurance is highly regarded but not essential
• Candidates from general insurance, life insurance, health insurance, other analytical environments are encouraged to apply
• Strong analytical, problem-solving and data interpretation skills
• Advanced Excel skills and experience with SQL, SAS or other data analytics tools
• Excellent stakeholder management and communication skills, with the ability to influence at all levels of an organisation

Why HCF?

At HCF, you’ll have the opportunity to work on meaningful projects that directly impact the health and wellbeing of our members. You’ll join a collaborative actuarial team, gain exposure to strategic business initiatives and contribute to shaping innovative products in a purpose-led organisation. If you’re looking for a role where you can combine technical expertise with commercial impact, we’d love to hear from you.

About HCF

At HCF, our purpose is to bring our human touch to healthcare. Since 1932 we’ve been putting our members and their health first. As Australia’s largest not-for-profit health fund, we cover 2 million members with health, life, travel and pet insurance and our vision is to make healthcare understandable, affordable, high quality and member centric. We want to be true health partners to our members, easily guiding the healthcare choices that are right for them. At HCF, our values are the way we do things and create the necessary culture to help us realise our purpose and deliver our Strategy. Living our values in action we step forward, walk in their shoes, stay human, make it better and get there together.

Culture & Benefits

Purpose-driven passion We’re united by a common purpose: to make healthcare affordable, understandable, high quality and member-focused.

Wellness and work-life balance We’ll empower you with the necessary skills and tools to support your personal wellbeing journey, ensuring you perform at your best.

Our offerings include:

• Flexible working arrangements
• 50% subsidy on HCF hospital and/or extras cover
• Family-friendly certified employer
• 18 weeks of parental leave for all new parents
• Mental health and wellbeing programs, including workshops, fitness classes, flu vaccinations, skin checks and more
• Discounts on HCF’s products, including life, pet and travel Insurance, as well as discounts at Fitness First gyms and on our eyecare products.

Collaboration and inclusivity We embrace diversity as our strength and are committed to maintaining an inclusive and collaborative work environment. Our workplace is welcoming and safe for all our employees, irrespective of their unique characteristics including age, ethnicity, cultural or spiritual background, gender identity, disability, education and socio-economic status.

Continuous learning and growth We believe in lifelong learning. HCF provides opportunities for personal and professional development. From workshops to mentorship programs, we encourage your growth and curiosity.

We create a flexible, inclusive, family-friendly culture so our employees are inspired and motivated to achieve the best for themselves and our members.

Our purpose is to bring a human touch to every part of the healthcare system, in big ways and small.

Our values inform the way we do things. They help us build the culture we need to realise our purpose.

Our values are to: Step Forward Get There Together Make it Better Stay Human Walk in Their Shoes.

We’ve invested in our people and teams to ensure they’re equipped to reach their career goals. We help team members expand their skill sets and develop personally through various internal and external courses, as well as broaden their on-the-job experience through transfers, secondments or promotions.