Actuary, Valuation
Munich Re
- Sydney, NSW
- Permanent
- Full-time
- Group Reporting: Preparation, analysis and reporting of Solvency II and IFRS 17 reserves and profit and loss statements
- Analyse results and ensure key drivers are well understood and documented
- Writing of good quality reports and other documentation for internal and external reference (including audit)
- Such reports may include:
- Quarterly Financial Statement Report
- Group Assumption Report
- Economic Valuation Report
- Quality engagement with all customers, suppliers and other stakeholders and timeframes are met
- Solvency II: Perform the Solvency II valuation process, including Model & assumption change, Experience analysis, Economic change, VNB and risk margins
- Confirm that group valuation assumptions are correctly used in valuation systems
- Management Information: Help collate LARM input to Management Reporting & Board Packs
- Annual Planning: Development of business plan forecasts from business estimates
- Tracking of business performance to Annual Plan
- Implement IFRS 17 into the group reporting framework in accordance with CLR requirements and timetables
- Up to 5 years experience in a Life (re)insurance pricing or reserving environment
- Strong modelling and actuarial valuation system experience
- Experience in life prudential regime in Australia and internationally including MoS financial reporting, IFRS 17 (desirable) and Solvency II. Experience in economic capital implementation and management would be well regarded
- Good technical report writing skills to produce comprehensive, commercial reports and documentation, including considered opinion and justification of data and content
- Ability to identify, investigate and present to senior management financial management insights
- We have many attractive benefits to offer you, including 16% superannuation
- Enjoy increased annual leave entitlements
- Flexible, hybrid working conditions