Pricing Actuary, Retirement

Company Description
Welcome to This Australian Life.
From the millions of Australians we protect, to those that make it happen every day at TAL, people really are what we’re all about. We want to grow with you. Achieve with you. And support you to do your best work. That's why we're focused on developing leadership, promoting diversity, rewarding excellence, and retaining great talent.
We're always looking for people who want to go further with us. People who do what’s right, aim high, and work smart. Why not see where we can go?
Job Description
Join Australia’s number one life insurer as a Pricing Actuary, Retirement. This role is part of our Group Life and Retirement business unit which is focused on developing modern and innovative retirement solutions with our superannuation fund partners to provide confidence for Australians to live their best retirement.
You will be a commercially minded Actuary with a desire to drive innovative product outcomes and have the ability to engage with a diverse group of internal and external stakeholders.
This is a permanent role, working flexibly from our Sydney office.
In this role you will:

• Ensure pricing is compliant to the internal profitability metrics, including liaising with the Appointed Actuary on the CPS320 advice process.
• Provide actuarial support on technical aspects of product development.
• Build upon TAL’s actuarial modelling capability for both product pricing, business case projections, and member outcomes.
• Stay abreast of longevity trends in Australia and globally.
• Stay abreast of trends in the Australian retirement market, including changing regulation, the advice ecosystem, and competitor’s products.
• Provide support on the design and implementation of actuarial processes to calculate settlements under innovative longevity insurance contracts.
• Present pricing or modelling results to internal and external stakeholders, as required.

Qualifications

• Experience working as an Actuary within the Life Insurance industry
• Experience with retirement products such as annuities, desirable
• Knowledge of superannuation and retirement solutions, including the market they operate within
• Knowledge of current and proposed regulations impacting the superannuation and life insurance industry
• Self-starter with strong analytical and problem solving skills
• Excellent verbal and written communication skills
• Fellow of the Institute of Actuaries in Australia, or an equivalent body

You’re always accountable for your actions. You never give up. You strive to find the best outcomes for customers and partners. And you value working together to find the best solutions for problems.
As part of the recruitment process, there are a number of checks which may be conducted to demonstrate your eligibility for a role at TAL including Criminal History, Bankruptcy, Entitlement to Work, Regulatory and Reference Checks.
Additional Information
At TAL we value diversity in all its forms and are committed to fostering an inclusive and equitable culture for all our people. We encourage Aboriginal and Torres Strait Islander people, individuals from all backgrounds, including those with caring responsibilities, people living with disability, and individuals from the CALD and LGBTQI+ communities to apply. Even if you don’t check every box in the criteria above, we encourage you to apply today or get in touch with us
To provide you with the best experience, we can accommodate you at any stage of the recruitment process. Simply inform our Recruitment team at any time.
TAL is recognised by the Workplace Gender Equality Agency as an Employer of Choice. We are proud to be a member of Diversity Council Australia and the Australian Network on Disability. For information on our reconciliation journey, take a look at our
We acknowledge the Traditional Custodians of the Land in which our Head Office is based, the land of the Gadigal people of the Eora Nation, and recognise their deep connections to the land, sea, and culture.
We extend this acknowledgment to the many Traditional Lands that we operate across and pay our respects to Elders past, present, and emerging.
#LI-Hybrid
Everyone at TAL has a responsibility to do the right thing and is accountable for the way they conduct themselves. Our expectations are that you follow the principles set out in our Code of Conduct when you come to work every day. Risk management is everyone’s responsibility.
If you are already a TAL employee please apply via the SmartRecruiters button in Workday and navigate to the Employee Portal. This is important to ensure that your application is recorded accurately.