Pricing Actuary - Retirement

• Supportive leaders that value your career development
• Generous insurance plan for our people
• Flexible work options

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? 

We have a great opportunity available to join TAL’s Product, Pricing and Portfolio Management team as a Pricing Actuary. You will be part of a specialist Retirement pricing team who are involved in the design and pricing of new retirement products. This team create the business case for new initiatives and develop models to price the new product structures to meet TAL’s commercial requirements while delivering value to the end customer.

This is a permanent role, working flexibly from our Sydney office.

In this role you will:

• Understand commercial drivers of the Investments business unit, including participating and Unit-Linked product portfolios
• Contribute to long-term business plans and provide analysis of business impacts of product and pricing changes
• Work with stakeholders across Technology, Finance, Risk, Legal and Operations to implement product, pricing and system changes to simplify our product portfolio
• Support the implementation of product and system changes to accommodate regulatory change
• Perform member remediation calculations
• Support technology and operations teams with business-as-usual processes such as annual statement production
• Run pricing models and analyse results
• Contribute to product development.
• Develop existing and new models to price innovative product structures
• Understand trends in the Australian retirement market, including changing regulation, the advice ecosystem, and competitor’s products
• Conduct analysis of longevity experience
• Calculation of net payments due to clients and reinsurers
• Complete analysis of profit

• Relevant tertiary qualification
• Fellowship of Institute of Actuaries in Australia
• Knowledge of superannuation and retirement solutions, including the market they operate within
• Strong analytical and problem-solving skills
• Excellent interpersonal skills
• Excellent verbal and written communication skills
• Experience with life investment and retirement products such as annuities, desirable

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. 

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 here.  

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, please read our Innovate Reconciliation Action Plan.  

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. 

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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.