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Actuary

Actuary
Onsite gym and comprehensive well-being program
True work/life balance
Supportive & engaged Manager
As one of Australia's leading Fund Managers, Life Insurers and Investment Providers, ING Australia is committed to providing our staff with a balanced lifestyle. This includes opportunities for career progression, a comprehensive well being program and a variety of other benefits including social club, salary packaging options, corporate casual dress, international career options and flexible working arrangements.
An exciting opportunity has become available for an Actuary to provide an oversight of the guaranteed products offered by INGA, including MoneyForLife, Capital Guaranteed, Capital Stable and any other products that may be introduced going forward.
This role will see you providing input on the investment strategies used to back policy liabilities and shareholder capital as well as reviewing and assessing the adequacy of hedging programs.
Specifically, your main responsibilities will be:
Review and assess the accuracy of the policy liability, capital and value calculations provided by the actuarial team managing the product.
Review and assess the effectiveness of the hedging program for the product and also the derivative strategies for other books of business.
Suggest strategies for improving the management of market related risks across all INGA portfolios.
Be a central point of contact for CEO, CFO and senior management queries on all the above issues.
Forecast potential future P&L impacts for the Capital Guaranteed and Capital Stable portfolios.
To secure this exciting opportunity, you will need the following:
Fellow of the Institute of Actuaries of Australia or equivalent
Knowledge of actuarial aspects of life insurance business
Tertiary qualifications in related discipline
Strong actuarial judgement
Extensive experience in devising and assessing a range of investment strategies.
An attractive salary and benefits will be provided; fast paced, friendly team environment; and CBD location.
To apply for this role, please forward your resume once completing the attached application. Candidates that are successfully short listed for this role will go through a series of competency/personality tests and will also be background checked.