Actuary, Strategic Capital

TAL; Sydney; Hybrid; AUD 120,000 - 180,000; Full time

Benefits offered by this job

Discounted insurance

Health & well-being programs

Employee benefits

Job summary

TAL is seeking a Senior Capital and Reinsurance Analyst to support the development and execution of TAL’s capital management strategy, reporting to the Head of Strategic Capital. You will collaborate with Finance and other stakeholders to drive capital position, profitability and risk considerations, including CAP initiatives and reinsurance programs.

You will contribute to transaction execution, governance, stress testing, forecasting, and dividend management to create long-term value for TAL

Qualifications

• Qualified actuary with strong knowledge of life insurance capital or valuation.
• Ability to communicate complex concepts clearly.
• Understanding of financial and operational risk management.

Responsibilities

• Contribute to TAL's capital management framework strategy.
• Support capital-related initiatives with Finance and stakeholders.
• Develop, maintain and enhance the Commercial Action Plan (CAP).
• Assess and syndicate reinsurance initiatives delivering value.
• Support development and execution of TAL's reinsurance strategy.

Skills

Actuary

Life insurance capital

Communication

Risk management

Education

Actuarial qualification

Job description

• Shape the future of insurance with innovative ideas and technologies that improve the lives of millions of Australians
• Work withexperienced andskilled colleagues who support and inspire one another to achieve collective success
• Enjoy benefits such as discounted insurance, health and well-being programs, and a range of employee benefits to support your lifestyle

For over 150 years,we'venever stopped finding better ways to protect Australians. As one of the nation’s leading life insurers,we’redriven by ambition and a sense of purpose. Our responsibility to our customers, partners, and the broader community is at the heart of everything we do.

At TAL,we’reempowered to experiment, innovate, and create better products and services. Backed by Daiichi Life, one of the world’s largest insurers, we deliver financial security to millions of Australians through our care andexpertise. Bring your curious mind and ambition to shape our industry and help us become the progressive, digitally enabled, leading insurer we aim to be.

Job Description

Reporting to the Head of Strategic Capital, this role plays a key part in supporting the development and execution of initiatives that enhance TAL’s capital position and long-term value. The position contributes to the implementation of TAL’s capital management strategy, providing financial analysis and recommendations to senior leadership on capital, profitability, value creation and risk considerations. Working closely with internal stakeholders and external partners, you will support reinsurance and capital management initiatives, including transaction execution, governance, recovery planning, stress testing, forecasting and dividend management. The role also contributes to the delivery of Commercial Action Plan (CAP) initiatives, partnering with Finance and the broader business to develop, execute and report on strategic projects that drive commercial outcomes.

In this role you will:

• Contributeto the strategic direction and ongoing evolution of TAL's capital management framework.


• Supportthe development and implementation of capital-related initiatives in partnership with Finance and business stakeholders.


• Assistin the development, maintenance and regular enhancement of the Commercial Action Plan (CAP).


• Participatein the assessment, development and syndication of reinsurance initiatives that deliver value while aligning with TAL's risk appetite.


• Supportthe development and execution of TAL's reinsurance strategy.


• Reviewand influencethe design, negotiation, implementation and termination of reinsurance treaties to optimise capital efficiency and value outcomes.

Qualifications

• Qualified Actuary


• Strong Knowledge of Life Insurance Capital or Valuation


• Strong ability to communicate and to articulate complex concepts.


• Strong understanding of financial and operational risk management

Additional Information

TAL is one of Australia’s leading life insurers, committed to inclusion, and supporting the career growth of our diverse workforce.We’reproud to be:

• An Inclusive Employer – Recognised as Employer of Choice for Gender Equality by the Workplace Gender Equality Agencyfrom2014 to2025and2023to2026Bronze Tier Status within the Australian Workplace Equality Index


• Diversity Champions – Member of Diversity Council Australia, Australian Disability Network, Pride in Diversity and Champions of Change


• We welcome applications from people with diverse experiences, perspectives and backgrounds including Aboriginal and Torres Strait Islander people, caregivers, individualswithdisability/ies, people from culturally diverse backgrounds and theLGBTQ+ community.


• Need adjustments during the recruitment process? Let our team know bygetting in touch withushere. —we’rehere to support you.

You’realwaysaccountable for your actions. You never give up. You strive to find the best outcomes for customers and partners.Andyou valueworking together to find the best solutions for problems.

As part of the recruitment process, there are several checks which may be conducted todemonstrateyour eligibility for a role at TAL including Criminal History, Bankruptcy, Entitlement to Work, Regulatory and Reference Checks.

#LI-Hybrid

Everyone at TAL has a responsibility to do the right thing and is accountable for the way they conduct themselves. Our expectations are that you follow the principles set out in our Code of Conduct when you come to work every day. Risk management is everyone’s responsibility.