Senior Insurance Accountant

Redion ANZ; Sydney; On-site; AUD 120,000 - 160,000; Full time

Benefits offered by this job

Hybrid working 50/50

Annual bonus opportunities

Flexible public holiday exchange

Parental leave 20 weeks

Job summary

Redion ANZ is seeking an Insurance Accountant to lead insurance accounting activities across Australia and New Zealand. You will partner with Finance, Risk, and Actuarial teams to ensure compliant reporting and robust capital management in a dual-country environment.

The role focuses on delivering capital calculations, ICAAP, and regulatory reporting while supporting finance transformation initiatives and broader strategic programs within ANZ Finance.

Qualifications

• Experience in insurance accounting or financial services.
• Strong knowledge of IFRS 17 and balance sheet components (premiums, claims, commissions, reserves).
• Ability to interpret complex regulatory requirements and deliver accurate reporting.

Responsibilities

• Lead capital calculations, ICAAP reporting across Australia and New Zealand.
• Perform capital stress testing, scenario modelling, and sensitivity analysis.
• Coordinate with APRA, RBNZ, Group Finance, and Group Risk for submissions and governance.

Skills

Insurance accounting

IFRS 17

Regulatory reporting

Analytical thinking

Stakeholder management

Capital management

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

Join our ANZ Finance team as an Insurance Accountant, where you will play a key role in managing and delivering high quality insurance accounting outcomes for our New Zealand business. Operating in a dual-country environment across Australia and New Zealand, you will be responsible for ensuring compliance with local regulatory and accounting requirements, providing technical accounting expertise, and partnering with a broad range of stakeholders across the organisation.

This is a unique opportunity to contribute to a significant period of transformation, supporting the implementation of insurance technical accounting processes covering premiums, commissions, claims, and technical reserves. You will also play a critical role in meeting New Zealand's standalone reporting requirements and supporting major initiatives, including our legal entity framework transformation and the rollout of an enhanced accounting platform.

What the role looks like

• Lead the preparation, review, and delivery of capital calculations, Capital Plans, and ICAAP reporting across Australia and New Zealand.
• Perform capital stress testing, sensitivity analysis, and scenario modelling to support effective risk management and regulatory compliance.
• Partner with APRA, RBNZ, Group Finance, and Group Risk teams to coordinate capital reporting, regulatory submissions, and governance requirements.
• Analyse capital performance, key drivers, and emerging trends to provide actionable insights for senior leadership and strategic decision-making.
• Support Recovery Planning activities, including scenario development, documentation, and reporting to management and Board stakeholders.
• Contribute to the enhancement of capital models, systems, controls, and reporting frameworks, ensuring accuracy, efficiency, and compliance.
• Play an active role in finance transformation initiatives and cross-functional projects, collaborating with Finance, Risk, Actuarial, and Group teams to deliver business outcomes.

What you’ll bring

• Proven experience in insurance accounting, finance, capital management, or regulatory reporting within the insurance or financial services industry.
• Strong technical knowledge of insurance accounting principles, including IFRS 17 and key insurance balance sheet components such as premiums, claims, commissions, and reserves.
• Ability to interpret complex regulatory requirements and deliver accurate, high-quality financial and capital reporting outcomes.
• Excellent analytical and problem-solving skills, with the ability to translate data into meaningful insights and recommendations.
• Strong stakeholder management and communication skills, with the confidence to build relationships across Finance, Risk, Actuarial, and senior leadership teams.
• Experience supporting finance transformation initiatives, system implementations, process improvements, or testing activities will be highly regarded.
• A collaborative, proactive, and solutions-focused approach, combined with strong professional judgement, accountability, and a commitment to continuous improvement.

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