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About the Role

This permanent role is responsible for accurate and timely actuarial pricing analyses for new business, existing clients, and internal pricing bases, under appropriate supervision and governance. You will gain broad exposure, work with industry experts, and help shape pricing decisions across a diverse portfolio of reinsurance business.

Responsibilities

• Pricing new business, renewals and in-force portfolios across Group, Retail, Retirement and Financial Reinsurance.
• Partnering with Client and Reinsurance Solutions teams to deliver actuarial insights that support commercial decisions.
• Enhancing pricing models, tools and processes through continuous improvement.
• Working with large, complex datasets to generate pricing, portfolio and client insights.
• Analysing experience trends, profitability drivers and emerging risks to influence pricing and portfolio strategy.
• Leveraging automation, technology and modern analytics to improve efficiency and productivity.
• Building relationships with stakeholders across the business and contributing to key decisions.
• Preparing and maintaining reinsurance treaty documentation.
• Staying close to industry trends, market developments and experience research.
• Growing your professional network within the life insurance actuarial community.
• Contributing to marketing and business development activities that help grow the business.

Requirements

• Qualified Actuary or close to qualification (FIAA or equivalent), with ideally only 1-2 exams remaining.
• 4+ years' experience in the life insurance industry, with exposure to pricing, experience analysis or related actuarial work.
• Strong understanding of life insurance products, actuarial modelling and market dynamics.
• Advanced Excel skills and strong actuarial technical capability, including problem solving and sound judgement.
• Experience with, or a passion for developing skills in, analytical and automation tools.
• Excellent communication skills, with the ability to translate technical concepts for both actuarial and non-actuarial audiences.
• Strong stakeholder management skills and the confidence to escalate and collaborate when needed.
• A proactive, curious and improvement-focused mindset, with a keen interest in technology, automation and AI.
• High attention to detail, professional integrity and the ability to manage competing priorities and deadlines.
• A collaborative approach, balanced with the ability to take ownership and work independently.
• Applicants must have unrestricted permanent rights to work in Australia (Australian citizenship or permanent residency only).

Skills

• Analytical and automation tools
• Excel
• Problem solving
• Judgement
• Communication
• Stakeholder management
• Technology
• Automation
• AI
• Attention to detail
• Integrity
• Priority management
• Collaboration
• Ownership
• Independence
• R
• SQL
• Power BI

Location

• Sydney

Work Type

• Permanent
• Hybrid working arrangements

Experience Level

• 4+ years' experience in the life insurance industry

Education Level

• Qualified Actuary or close to qualification (FIAA or equivalent)

Benefits

• Structured onboarding
• Hybrid working arrangements
• Employee Assistance Program (EAP)
• Modern offerings focused on professional development, wellbeing and engagement

About the Company

• Hannover Re employs more than 4,000 people across locations worldwide.
• Our strength lies in connecting power, relying on each other to achieve more.
• Our purpose is beyond risk sharing – we team up to create opportunity, delivering innovative, customised solutions.
• This mindset has made us one of the world’s leading and most profitable reinsurance groups and a trusted, reliable employer.
• In Australia and New Zealand, Hannover Re is a major player in the Life & Health reinsurance market.
• Locally, we combine the agility of a small, nimble team with the financial strength and global reach of one of the world’s largest reinsurers.