Senior Project Actuary - Prism at Zurich Insurance Company Ltd. | Sydney, New South Wales, Australia | Rezi

Senior Project Actuary - Prism at Zurich Insurance Company Ltd.

Senior Project Actuary - Prism

Zurich Insurance Company Ltd. · Sydney, New South Wales, Australia

1 months ago

Senior Project Actuary - Prism

Zurich Insurance Company Ltd. · Sydney, New South Wales, Australia

a month ago
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About the Role

Join Zurich, a Forbes 2024 ‘World’s Best Employer’ and Fortune’s ‘World’s Most Admired Companies’ for 2025, as a Project Actuary. This role supports the actuarial and financial integration of ClearView Wealth and Zurich, ensuring a smooth transition across reporting, capital management, modelling, data, and regulatory requirements. Contribute to becoming Australia's leading digital insurer in a values-driven, growing global organization committed to making a tangible difference and fostering a sustainable future.

Responsibilities

  • Lead and support actuarial work associated with the statutory merger, including the integration of actuarial processes, models, and data.
  • Align actuarial methodologies across businesses, working closely with stakeholders to achieve consistent approaches and outcomes.
  • Develop and implement new actuarial and reporting processes to meet statutory, regulatory, capital, and Group reporting requirements.
  • Support financial reporting activities, including IFRS 17 reporting, results analysis, and delivering insights to support decision-making.
  • Assist with purchase price allocation and related reporting, liaising with local, Group, and external stakeholders.
  • Review and align capital frameworks, methodologies, and requirements.
  • Contribute to planning and forecasting processes, providing actuarial input and supporting Group submissions.
  • Partner with data, administration, claims, and finance teams to ensure data integrity and improve understanding of profit and loss drivers.
  • Build and enhance data pipelines connecting new data sources with actuarial data warehouses.
  • Support experience investigations and assumption-setting exercises.
  • Assess actuarial impacts of administration system changes and support related testing activities.
  • Drive process improvements and automation initiatives to reduce reporting timelines and improve efficiency.

Requirements

  • In-depth knowledge in applying local statutory/regulatory guidelines and rules in the Australian life insurance industry.
  • Deep understanding of actuarial processes and techniques in a life insurance context.
  • Business acumen - understanding of business concepts, tools, and processes.
  • Excellent communication and presentation skills.
  • The ability to investigate, analyse, and implement solutions.

Skills

  • Actuarial integration
  • Reporting
  • Capital management
  • Modelling
  • Data management
  • Regulatory requirements
  • IFRS 17 reporting
  • Purchase price allocation
  • Capital frameworks
  • Planning and forecasting
  • Data integrity
  • Data pipelines
  • Experience investigations
  • Assumption-setting
  • Process improvements
  • Automation

Location

  • Australia

Work Type

  • Hybrid
  • Full-time

Experience Level

  • Project Actuary

Benefits

  • 5 weeks of annual leave (Z leave)
  • 15 days of personal/carer’s leave
  • Family Care (parental leave)
  • Hybrid working arrangement (3 days in office, 2 days remote)
  • AUD$500 wellbeing payment per year
  • AUD$295 new starter e-voucher for work-from-home setup
  • Award-winning training programs
  • Global mobility opportunities
  • Volunteer opportunities
  • State-of-the-art Green Star rated offices
  • A tree planted for every new employee

About the Company

  • Zurich is a leader in the insurance industry and a Forbes 2024 ‘World’s Best Employer’ and Fortune’s ‘World’s Most Admired Companies’ for 2025.
  • The company is on a journey towards a brighter future, focused on employee wellbeing, community, customers, and the planet.
  • Zurich is committed to becoming Australia's leading digital insurer.
  • It is a values-driven global organization experiencing real growth and transformation.
  • Zurich has state-of-the-art Green Star rated offices.
  • Recognized with employer of choice awards/memberships including WGEA, Family Inclusive Workplace, Gold AWEI Employer, and Pride in Diversity.

Equal Opportunity

  • Zurich is an equal opportunity employer.
  • Committed to ensuring a fair and accessible recruitment process for all candidates.
  • Encourages candidates requiring special accommodations to notify them at the time of application.