Direct Product Analyst

Hannover Re; Sydney; Hybride; AUD 90 000 - 130 000; Plein temps

Avantages offerts par ce poste

Hybrid working arrangements

Employee Assistance Program (EAP)

Structured onboarding and professional

Wellbeing and engagement

Résumé du poste

Hannover Re Australia is seeking a Direct Product Analyst to support the Head of Direct Product & Pricing and the Direct Business Development Team. You will monitor, report on, and manage existing life insurance products, ensuring regulatory obligations such as DDO are met while helping develop new product solutions.

This permanent Sydney-based role requires at least 3 years in life insurance, a degree in Actuarial Studies (preferred) and strong Excel, Power BI, SQL, Python, R, and Copilot

Qualifications

• At least 3 years' experience in the life insurance industry.
• Progress towards FIAA qualification or Actuarial Studies preferred.
• Experience with Design and Distribution Obligations (DDO) preferred.
• Advanced Excel skills and strong analytical capabilities.

Responsabilités

• Support Head of Direct Product & Pricing and Direct Business Development Team.
• Monitor, report on and manage existing Direct insurance products.
• Ensure regulatory obligations, including DDO, are met.
• Assist in onboarding new product solutions and process improvements.
• Collaborate with Actuarial, Underwriting, Claims, Risk, Compliance and Operations.

Outils

Power BI

SQL

Python

R

Copilot

Description du poste

Hannover Re employs more than 4,000 people across locations worldwide. Our strength? Connecting Power: We rely on each other to achieve more.

Our purpose? Beyond risk sharing – we team up to create opportunity. Delivering innovative, customised solutions in an environment where yesterday’s answers may not meet tomorrow’s challenges. This mindset has made us one of the world’s leading and most profitable reinsurance groups and a trusted, reliable employer.

In Australia and New Zealand, Hannover Re is a major player in the Life & Health reinsurance market. Locally, we combine the agility of a small, nimble team with the financial strength and global reach of one of the world’s largest reinsurers.

We currently have an exciting opportunity for a Direct Product Analyst to join our Life & Health Subsidiary in Sydney.

About the role

Reporting directly to the Head of Direct Product & Pricing, this permanent role will be responsible for supporting the Head of Product & Pricing and the Direct Business Development Team with the ongoing monitoring, reporting and management of existing products, including the associated regulatory and compliance obligations (in particular, the Design & Distribution Obligations). This position will also be involved in the development of new product solutions in the Direct Business.

Key responsibilities

Supporting the ongoing monitoring, reporting and management of Direct insurance products.

Monitoring product compliance requirements, including Design and Distribution Obligations (DDO), across new and existing products.

Supporting product reviews and the implementation of regulatory changes impacting Direct products.

Developing and maintaining product guidelines, processes and procedures.

Reviewing and enhancing product team processes and reporting frameworks.

Supporting the onboarding of new products through the established onboarding framework.

Managing client relationships and responding to client enquiries in a timely and professional manner.

Collaborating with internal and external stakeholders to develop and launch new product solutions.

Working closely with teams across Actuarial, Underwriting, Claims, Risk, Compliance and Operations.

Contributing to a culture of strong risk management, governance and compliance.

About you

At least 3 years' experience in the life insurance industry.

A degree in Actuarial Studies (preferred but not essential) and progress towards FIAA qualification or equivalent.

Experience with Design and Distribution Obligations (DDO) (preferred).

Advanced Microsoft Office skills, including advanced Excel.

Experience with, or a strong interest in, analytical, productivity and AI-enabled tools such as Excel, SQL, Power BI, Python, R and Copilot.

Strong stakeholder and relationship management skills.

The ability to recognise when issues should be escalated and involve others where required.

Strategic thinking skills and the ability to engage with senior stakeholders.

Excellent organisational skills, attention to detail and the ability to prioritise effectively.

Strong written and verbal communication skills.

Applicants must have unrestricted permanent rights to work in Australia (Australian citizenship or permanent residency only).

What do we offer you:

Are our values, Responsibility, Drive and We‑Spirit aligned with yours?

You’ll join an international organisation with short decision paths, an open feedback culture, and a strong sense of community built on respect, collaboration and mutual support.

We value our people and their contribution to our shared success. Our benefits include structured onboarding, hybrid working arrangements, an Employee Assistance Program (EAP) and modern offerings focused on professional development, wellbeing and engagement.

You’ll bring your specialist expertise and in return we offer continuous learning, exposure to global perspectives, and the opportunity to contribute ideas, innovate and shape your career.

Only together can we achieve our objectives.

To learn more about Hannover Re Australia, visit our careers site:https://www.hannover-re.com/de/local-offices/australia/career/

We don’t just offer a job and a title. If you’re looking for an organisation that genuinely values its people and isSomewhat Different, we would love to hear from you.