Risk-Based Capital Advisor

Suncorp; Council of the City of Sydney; Hybrid; AUD 90,000 - 120,000; Full time

Job summary

A leading Australian financial services company is seeking a Risk-Based Capital Advisor to calibrate and enhance their internal capital model. This role involves analysis of financial data and preparation of reports for strategic decisions. Ideal candidates will have tertiary qualifications in actuarial science or related fields, along with experience in insurance actuarial roles. The position offers a hybrid working model and various employee benefits.

Benefits

Hybrid working with flexible leave options

20 weeks paid parental leave

Paid study support

Free wellbeing coaching

Discounts at 400+ retailers

Performance-based bonuses

Qualifications

• Tertiary qualifications in a relevant field.
• Experience in actuarial roles within insurance.
• Familiarity with stochastic modelling is desirable.

Responsibilities

• Calibrate and maintain the Risk-Based Capital model.
• Analyse data to produce model inputs.
• Prepare reports for management and the board.

Skills

Strong analytical and statistical skills

Proficiency in Excel

Experience in actuarial roles

Ability to work independently and collaboratively

Education

Tertiary qualifications in actuarial science, statistics, mathematics, or engineering

Progress toward or completion of Fellowship with the Actuaries Institute

Tools

VBA

Python

SAS

Dynamic Financial Analysis tools (e.g., Igloo)

Job description

• Brisbane & Sydney | Hybrid working with flexible leave options
• Contribute to capital strategy and decision-making
• Career development with actuarial and analytics focus

As a Risk-Based Capital Advisor, you’ll calibrate, operate, and enhance our internal capital model to inform strategic decisions across the business. Your work ensures accurate capital allocation, supports pricing and investment strategies, and influences board-level recommendations.

What You’ll Do

• Calibrate, document, and maintain the Risk-Based Capital model for the Australian insurance entity and consolidated group
• Analyse premium, claims, and financial data to produce accurate model inputs and actionable insights
• Prepare technical reports and presentations to communicate results to management and the board
• Enhance and develop the model to meet regulatory and business requirements
• Support capital allocation, pricing, reinsurance strategies, and investment analysis

What You’ll Bring

• Tertiary qualifications in actuarial science, statistics, mathematics, engineering, or related field
• Progress toward or completion of Fellowship with the Actuaries Institute (or equivalent)
• Experience in actuarial roles within insurance, preferably general insurance
• Strong analytical and statistical skills with proficiency in Excel and VBA; Python or SAS experience preferred
• Familiarity with Dynamic Financial Analysis tools (e.g., Igloo) and stochastic modelling highly desirable
• Ability to work independently and collaboratively in a small team environment

What You’ll Enjoy

Access our award-winning Shine platform – your central hub for exclusive perks, wellbeing support, career development, and recognition. Shine has been recognised for excellence in employee experience, making it easier than ever to access what matters most to you.

• Hybrid working, flexible leave, 20 weeks paid parental leave, and up to 5 days paid flexible leave annually
• Paid study support, career breaks, on-the-job learning, and a $1,000 referral bonus for eligible employees
• Free wellbeing coaching, a dedicated Employee Council, and confidential EAP access
• Discounts at 400+ retailers, insurance savings, gym memberships, and reduced super fees
• Paid volunteer leave, donation matching, and unlimited emergency response leave
• Performance-based bonuses and Suncorp shares for eligible employees
• Diversity is celebrated through employee resource groups and inclusive policies for all families

Explore our full benefits: www.suncorpgroup.com.au/careers/benefits

At Suncorp we believe we are our best when our workforce is as diverse, talented and passionate as the communities in which we live and operate, and where our people feel included, valued and connected. We are passionate about inspiring our people by creating a diverse, accessible, and inclusive culture, offering flexible work, career development and internal mobility, and building connected relationships amongst our team members and with our customers.

If you require any support and adjustments to participate equitably in our recruitment process or in the workplace, we encourage you to contact **************@suncorp.com.au for a confidential conversation. To apply for this opportunity, please submit your application directly via the link provided.

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