Actuarial Graduate

Company Description

• Two-year full-time program commencing February 2024
• The program consists of 3x six-month rotations across our Actuarial functions; Valuations, Capital, Finance, Individual Life Pricing and Group Pricing plus 1x 6-month rotation outside your selected discipline.
• Access to industry thought leaders, and support from dedicated sponsors, buddies, and career mentors.
• Ongoing professional learning and development programs
• Mentorship for actuarial exams, and study groups taught by senior actuaries.
• Networking with Senior Business Leaders, including our Chief Executive Officer
• Career development pathways tailored to your professional goals
• Work-life balance including flexible working from home arrangements.
• A work culture that respects opinions and fosters inclusion and diversity
• 1-week study tour to the Dai-Ichi Life Head Office in Japan.

Job Description

As an Actuarial graduate within TAL, you will be responsible for supporting and collaborating with the Actuarial teams on analytical tasks and commercial thinking to optimise outcomes for TAL and our customers. Having exposure to Individual Risk Group Risk and Finance you could be working on the following:

• Assisting in the reporting, monitoring, and designing of insurance products
• Valuing and modelling the economic capital, liabilities, and assets on behalf of the organisation.
• Ensuring regulatory compliance with statutory requirements
• Advising the business of the commercial and risk implications, (actuarial risk)
• Contributing towards a culture of process improvement

Qualifications

• Strong academic track record (distinction average or above) in a mathematical, finance field ideally with a major in Actuarial studies
• Desire to work in the life insurance industry
• Effective verbal and written communication skills
• Well-rounded background with experience across community and / or extra-curricular activities
• Curious mindset, a willingness to learn how things work and a passion for making things better.
• Interest in roles that not only embrace analytical skills but are also commercial and customer focused.
• Leadership qualities developed through high school, university, work experience and / or extracurricular activities
• Initiative and drive, together with the ability to work well both independently and in a team environment.

Who Can Apply

• To be eligible to apply, you must have completed your university degree within the last 2 years or be in your final year of study.
• The program starts in February 2024. You must also be an Australian citizen and willing to undergo background checks as required.
• Completion of an undergraduate or post-graduate degree in the last 2 years or by the end of 2023

Additional Information

• TAL is committed to providing actuaries educational support to enable them to excel in their role and up to 25 exam/study days a year.
• Company-paid income protection insurance, and life and total permanent disability insurance.
• Discounted private health insurance plan with NIB
• Wellbeing resources to support your physical, nutritional, mental, and financial health.
• Our offices have fitness facilities, with daily onsite classes in Boxing, HIIT, Yoga, Pilates, and Zumba.
• End-of-trip facilities including bike racks and showers, or employees are entitled to discounted memberships at nearby gyms.
• Discounts on everyday spending at over 350 popular Australian stores.
• Community Days - paid leave to give back to the community by volunteering, mentoring, or fundraising causes.
• Blended ways of working – a mix of working from home and in the office.

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.