Lead Actuary

Redion ANZ; City of Brisbane; On-site; AUD 180,000 - 280,000; Full time

Benefits offered by this job

State of the art offices

Competitive salary package and annual

Flexible Public Holiday Exchange

50/50 hybrid working

20 weeks paid parental leave

2 weeks paid for secondary carers

Social Club & events

Career development opportunities

Job summary

Redion ANZ is seeking a Lead Actuary to shape profitability and governance across the Australian travel insurance portfolio. You will oversee reserving, capital management, reinsurance, and regulatory reporting while partnering with Commercial, Finance, and Risk teams to drive strategic outcomes.

The role calls for a Fellow of the Actuaries Institute with deep general insurance experience, strong communication, and the ability to influence executive decisions in a hybrid work environment.

Qualifications

• Fellow of the Actuaries Institute with general insurance experience.
• Strong skills in reserving, liability valuation, and portfolio performance analysis.
• Experience with APRA regulatory reporting and capital management.
• Understanding of reinsurance structures and treaty performance.

Responsibilities

• Lead the actuarial reserving process and analyze claims trends.
• Contribute to APRA reporting, capital monitoring, and governance.
• Oversee reinsurance design and performance.
• Influence underwriting, pricing, and product strategies with cross-functional teams.
• Provide actuarial insights for business planning and growth.
• Act as actuarial SME and engage with regulators and partners.
• Drive governance and risk management improvements.

Skills

Actuarial leadership

Reserving & valuation

Portfolio performance analysis

Stakeholder management

Regulatory reporting (APRA)

Data analytics (Excel/SQL/Python/R)

Education

Fellow of the Actuaries Institute

Tools

Excel

SQL

Python

R

Job description

About Redion

Redion is a global care, assistance, and travel insurance provider, helping people stay protected and supported wherever life takes them. In Australia, Redion partners with businesses and travellers to deliver travel insurance, emergency assistance, and care services, providing support before, during, and after every journey.

Backed by a global network spanning more than 190 countries, Redion combines local expertise with worldwide reach to be there when it matters most. Guided by our values of Caring, Collaborative, Agile, Reliable, and Experts, we're committed to delivering exceptional experiences for our customers, partners, and people.

About the role

As Lead Actuary, you will play a key role in shaping the performance, profitability, and sustainability of Redion Australia's travel insurance portfolio. Reporting to the Chief Insurance Officer, you will lead the actuarial function across reserving, capital management, reinsurance, regulatory reporting, and portfolio performance, providing trusted advice to senior leaders and influencing strategic business decisions.

Partnering closely with teams across Commercial, Finance, Product, Claims, and Risk, you will translate actuarial insights into actions that drive portfolio performance, strengthen governance, and support sustainable growth. This is an excellent opportunity for a commercially minded actuary who combines strong technical expertise with the ability to influence outcomes at an executive level.

What the role looks like

• Lead the actuarial reserving process, ensuring accurate liability valuations and providing insights into claims trends, portfolio performance, and emerging risks.
• Own actuarial input into APRA reporting, capital monitoring, solvency management, and Board-level reporting, ensuring robust governance and regulatory compliance.
• Support the design, evaluation, and performance monitoring of reinsurance arrangements to optimise portfolio protection and financial outcomes.
• Partner with Commercial, Finance, Product, Claims, and Risk teams to identify performance drivers and influence underwriting, pricing, and product strategies.
• Provide actuarial expertise to support business planning, forecasting, strategic initiatives, and new growth opportunities.
• Act as the organisation's actuarial subject matter expert, building strong relationships with insurers, reinsurers, auditors, and regulators.
• Drive actuarial governance, risk management, and continuous improvement, ensuring strong controls and adherence to professional and regulatory standards.

What you’ll bring

• Fellow of the Actuaries Institute with extensive actuarial experience within the general insurance sector.
• Strong expertise in reserving, liability valuation, and insurance portfolio performance analysis.
• Demonstrated experience delivering APRA regulatory reporting, capital management analysis, and governance requirements.
• Sound understanding of reinsurance structures, treaty performance, renewals, and recovery management.
• Commercially minded with the ability to translate complex actuarial insights into clear business recommendations and strategic decisions.
• Advanced analytical and problem-solving skills, with experience using actuarial modelling and data tools such as Excel, SQL, Python, or R.
• Outstanding stakeholder management and communication skills, with a proven ability to influence executives, insurers, reinsurers, regulators, and cross-functional teams.

Why join us

At Redion, we're more than a travel insurance and assistance provider. We're a global care business that helps people navigate life's unexpected moments with confidence and peace of mind. Every day, our people make a real difference by supporting customers when they need it most.

What You'll Get

• State of the art offices
• Competitive salary package and annual bonus opportunities
• Flexible Public Holiday Exchange: Trade selected public holidays for alternative dates that better suit your personal, cultural, or family commitments
• 50/50 hybrid working, giving you the flexibility to work from both home and office
• 20 weeks paid parental leave for primary carers, 2 weeks paid for secondary carers
• An active Social Club with regular team events and activities
• Ongoing opportunities for career development and professional growth
• A supportive, collaborative culture where your contributions are recognised and valued