Capital Reporting Actuary | ICS & IAS Analytics

TAL; Sydney; On-site; AUD 150,000 - 190,000; Full time

Job summary

TAL, a long-standing Australian life insurer, seeks an experienced actuarial professional to lead capital reporting under ICS, explaining movements to senior stakeholders and liaising with Dai-ichi Life and external auditors. The role drives IAS model enhancements and governance improvements.

You will deliver timely ICS results, provide insightful commentary, and strengthen controls and documentation across the reporting process, aligning with regulatory requirements and company standards.

Qualifications

• 5+ years’ post qualification experience in a life insurance (or equivalent) actuarial role.
• Knowledge of the Australian life insurance market – products, industry structure and trends, drivers and profitability, regulatory requirements.
• Knowledge of Prophet and spreadsheet modelling.
• Experience in capital reporting, valuation, financial reporting, or a related actuarial or finance function.

Responsibilities

• Produce and deliver Insurance Capital Standards (ICS) results on regular basis in accordance with reporting timetables, ensuring accuracy, completeness and timeliness.
• Perform analysis of capital movements and key drivers, providing clear and insightful commentary to senior management.
• Prepare and present IAS reporting packs for senior stakeholders, including the Appointed Actuary and CFO.
• Coordinate the delivery of IAS results and supporting analysis to Dai-ichi Life, ensuring accuracy, completeness, and timeliness.
• Liaise with external auditors during periodic reviews and audits, responding to queries, provide high-quality supporting documentation, implement enhancements to address audit recommendations.
• Lead and support enhancements to the IAS reporting process, models, and methodologies to improve efficiency and accuracy.
• Perform User Acceptance Testing (UAT) for model changes and / or methodology updates.
• Strengthen governance and control frameworks across the IAS reporting process, including the development of transparent and traceable review controls.
• Enhance the visibility and documentation of key checks, reconciliations, and review procedures to support robust risk management and auditability.
• Maintain comprehensive documentation of model changes, methodologies, assumptions, processes, and governance decisions.

Skills

Actuarial experience

Australian life insurance knowledge

Financial reporting understanding

Tools

Prophet

Spreadsheet modelling

Job description

TAL, a long-standing Australian life insurer, seeks an experienced actuarial professional to lead capital reporting under ICS, explaining movements to senior stakeholders and liaising with Dai-ichi Life and external auditors. The role drives IAS model enhancements and governance improvements.

You will deliver timely ICS results, provide insightful commentary, and strengthen controls and documentation across the reporting process, aligning with regulatory requirements and company standards.