Actuarial Analyst | NSW Sydney All
|Category:||Actuarial and Statistical|
|Position Type:||Full Time|
|Attachments:||No File Attached|
|Application Close Date:||20-Oct-2018|
#CLOSER #BRAVER #FASTER
You will provide support within the Group Actuarial team in promoting the understanding of uncertainty associated with the Group's material risks to Executive and Senior Business leaders across Australia, NZ and IAG's Asian Joint Ventures. The role supports the office of the Chief Actuary in modelling and advising on the valuation of insurance liabilities and risk-based capital.
The role offers a unique opportunity to manage the Internal Capital Model (ICM), which supports the Group's economic capital decision-making. The role requires, and will develop, an understanding of complex data, dynamic financial analysis (DFA), and the financial mechanisms of a general insurer. The ICM offers a big picture view across pricing, reserving, investment and economic data, natural catastrophes, and reinsurance. The team primarily uses SQL (data storage and manipulation), Igloo (DFA simulation software) and Excel (project analysis). We are looking for someone who is interested in financial modelling, programming and automation.
Qualifications & Experience
- Tertiary qualifications in an appropriate Technical discipline e.g. Actuarial, Statistics, Mathematics, Data Science, Finance, Engineering
- Practical experience with analytical software such as SAS, Excel, SQL, R or Python
- A good communicator and team player
At IAG, we believe that everyone has a unique point of view to share, shaped by their life experiences, cultures & passions. We celebrate and commit to:
#Proud to be me – we value difference, not sameness
#Together – harnessing our collective wisdom enables us to be our best for our customers & each other
#No boxes – it's not about labels, boxes or categories. It's about building a diverse and inclusive mindset into everything we do
IAG is the largest general insurance group in Australia and New Zealand, with a growing presence in Asia. IAG owns some of the region's most trusted brands, including NRMA Insurance, CGU, SGIO, SGIC, WFI and Swann Insurance.
- Support offered for Actuarial studies
- 13% Super
- 50% insurance discounts
- Flexible work and leave options
- Recognition and reward program
Start your career journey with us and click ‘Apply'!
We encourage Aboriginal and Torres Strait Islanders to apply for this position.