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Appointed Actuary

Job No: 675738

Auckland

Permanent Full Time

Insurance, Pricing, Planning and Analysis

NZ-B7


The Role:

The Appointed Actuary NZ will lead the Valuation, Reinsurance, and Actuarial Modelling teams for Suncorp NZ as well as performing the statutory role of Appointed Actuary for VINZL. The role will require a candidate who can demonstrate exceptional levels of actuarial leadership, strategic risk management, and executive stakeholder management.

A key part of this role is to maintain and cultivate stakeholder relationships with senior management, directors, regulatory bodies, and external parties (including CEO, CFO, Board, RBNZ and KPMG)​.

What you’ll do:

  • Provide actuarial input and analysis to the management reporting process to support understanding of the drivers behind product profitability and statutory results
  • Perform liability and regulatory valuations and requirements and provide ongoing updates to Suncorp NZ SLT 
  • Produce appropriate valuation solvency and other reports that meet Actuarial Profession and regulatory requirements for VINZL
  • Report to the Board on key issues 
  • Monitor and interrogate trends in claims and other experience to provide feedback for pricing and valuation decisions to improve the provision of services to customers and inform data analytics
  • Ensure all Service Level Agreements (SLA’s) are complied with and reviewed regularly 
  • Accountable for the development and implementation of the reinsurance strategy 
  • Responsible for reinsurance operations management for VINZL including required analysis and reporting 
  • Ensure all governance and legislative requirements of a reinsurance nature are met and that actions will always be compliant and meet the governance expectations of VINZL and the Suncorp Group 

What you’ll bring:

  • Fellow of the New Zealand Society of Actuaries (or equivalent)
  • Significant prior leadership experience in a finance, actuarial or related field
  • Extensive experience in NZ and Global insurance market environment and strong knowledge of the New Zealand insurance industry, business and technical environments

If this opportunity sounds like the challenge, you have been looking for please apply online today. For more information, contact liam.saif@suncorp.com.au

Apply now

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Advertised: New Zealand Daylight Time
Applications close: New Zealand Standard Time

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