Actuary, Modelling & Analytics

AustralianSuper; City of Melbourne; On-site; AUD 120,000 - 180,000; Full time

Job summary

AustralianSuper is seeking an experienced actuary to join the Actuarial Consulting team. The role blends modelling, governance and stakeholder management to deliver reliable insights for members.

You will lead modelling initiatives, ensure compliance with the Model Risk Management standard, and translate complex results for senior leaders. Flexible, collaborative environment with a strong risk culture is offered.

Qualifications

• Professional actuarial qualification (FIAA or AIAA).
• Experience in superannuation or financial services is preferred.
• Strong modelling, data analysis and programming skills.

Responsibilities

• Lead actuarial modelling and analysis for items like Lifetime Value of a Member.
• Model forecasting and reserve modelling (ORFR and Trustee Risk Reserve).
• Translate outputs into clear insights for senior executives and stakeholders.
• Develop and maintain robust models using Excel, Python and other tools.
• Ensure methodologies and outputs align with business requirements.
• Support ad hoc modelling for market events, budgets and strategy reviews.
• Analyze membership to inform strategic objectives and growth.
• Escalate delivery risks, issues and resource constraints to management.

Skills

Actuarial modelling

Python

R

SQL

Excel

Stakeholder management

Communication skills

Education

FIAA or AIAA

Tools

Power BI

Job description

Job Description

At AustralianSuper, we truly care about our colleagues. We know work and life are intertwined. That's why we support the diverse needs of everyone and have policies that enable us all to thrive and be truly flexible. We ensure diversity is celebrated for the opportunity it provides us all to learn and grow and deliver better outcomes for members.We are dedicated to building a high-performance environment underpinned by a strong risk culture, ensuring we deliver the best outcomes for our members.

Job Description

At AustralianSuper, we truly care about our colleagues. We know work and life are intertwined. That's why we support the diverse needs of everyone and have policies that enable us all to thrive and be truly flexible. We ensure diversity is celebrated for the opportunity it provides us all to learn and grow and deliver better outcomes for members.We are dedicated to building a high-performance environment underpinned by a strong risk culture, ensuring we deliver the best outcomes for our members.

The role combines actuarial expertise, modelling capability, model governance and stakeholder management to deliver reliable, fit-for-purpose insights that support decision making and improve outcomes for members.

The role supports the technical needs of the Actuarial Consulting team in ensuring all models are developed, maintained and operated in accordance with the Model Risk Management Standard, including model documentation, testing, validation, controls, monitoring, issue remediation and compliance obligations.

Your New Role

Key Duties Include But Are Not Limited To

• Lead actuarial modelling and analysis for items including:
• Lifetime Value of a Member
• Reserve modelling (including ORFR and Trustee Risk Reserve)
• Translate complex modelling and analytical outcomes into clear actionable insights for senior executives and key stakeholders.
• Develop, enhance and maintain robust, scalable and transparent actuarial models using Excel, Python and other analytical tools where appropriate.
• Ensure modelling methodologies, assumptions, calculations and outputs remain fit for purpose and aligned to business requirements and capable of being supported within the Fund’s analytics and data platforms.
• Support ad hoc actuarial and other modelling and analysis for senior management and across the Fund in response to unanticipated market events, Federal Budget announcements, policy changes and Strategy reviews.
• Performing analyses of the membership in order to identify Fund implications and to generate strategic insights for senior stakeholders to ensure the membership forecast reflects the strategic objectives and targets of the Fund and factors in investment in future membership growth.
• Proactively escalation delivery risks, issues, control weaknesses and resourcing constraints to management.

What You’ll Need

• Experience in superannuation, life insurance, wealth management or broader financial services.
• Prior experience developing stochastic, projection, forecasting or member behaviour models.
• Experience mentoring colleagues and transferring technical knowledge to reduce key person dependency
• Professional actuarial qualification (FIAA or AIAA).
• Technically strong in data analysis tools and programming languages (e.g., Python, R, SQL, Excel, Power BI).
• Demonstrated well developed written and oral communication/ interpersonal skills with the ability to present ideas, perspectives clearly and articulately to a wide range of senior stakeholders.
• Advanced use of MS Office products, especially Excel and comfortable working with large volumes and multiple sources of data.
• An ability to operate under a formal Model Risk Management framework.

Life at AustralianSuper

AustralianSuper is committed to colleague development, and we support our people with ongoing learning, coaching and training, as well as career opportunities across our expanding global organisation. We offer generous leave entitlements and promote a blended working environment in which all roles can flex, and we're happy to discuss what this looks like for you.

We cultivate a workplace that champions safety, respect, inclusiveness and diversity. We are committed to supporting our diverse workforce in a way that is inclusive and embraces diversity in all its forms. If you require any reasonable adjustments to the recruitment process or the role, please let our recruitment team know.

AustralianSuper uses AI to review resumes and conduct initial phone interviews. This involves processing your resume, cover letter, and voice recording in Australia and the USA to help assess your suitability for the applied role. When invited to an AI phone screening, you may opt for a traditional phone screening instead. For information on how we handle your personal data, please refer to our Candidate Privacy Policy.

https://www.australiansuper.com/careers/candidate-privacy-notice

Australian or New Zealand citizenship or Australian permanent residency status is required.

Agencies please note: this vacancy is being managed directly by AustralianSuper's Talent Acquisition team. We will contact our preferred agency partners should we require additional support. Thank you.