Financial Analyst - Actuarial

About us:

Join Australian Unity’s Wealth & Capital Markets division in a unique actuarial-focused role supporting the AU Life business.

Established in 1840, we are Australia’s first wellbeing company, delivering health, wealth and care services for our members and the community.

As a social enterprise, we’re motivated by our purpose to positively impact the wellbeing of millions. We reinvest profits to deliver products and services sustainably that matter most to our members, customers and the Australian community.         

For us, Real Wellbeing encompasses the whole experience of life. It’s about feeling supported in your health, connected with your community and empowered to live life on your terms.

About the Role:

Reporting to the Head of Finance – AU Life, you’ll bring strong actuarial expertise in life insurance, including APRA regulatory reporting and capital adequacy assessment, while delivering insights across modelling, capital and management reporting.

The role also offers exposure to strategic initiatives, product design and investment decision making, making it ideal for actuaries ready to broaden their scope and impact.

Please note: This is not a traditional accounting or month‑end role. It is best suited to candidates with actuarial or life insurance experience who are looking to expand into a broader capital, prudential and strategy‑oriented role.

Key Responsibilities include:

• Support delivery of management, Board and regulatory reporting, including quarterly and annual APRA submissions (LRS/LRF), ensuring accurate data collation, validation and timely delivery
• Contribute to capital management activities, including review of solvency and regulatory capital calculations
• Assist in preparation of ICAAP updates, recovery planning and capital monitoring frameworks, including stress testing and scenario analysis
• Conduct financial modelling, investment analysis and feasibility assessments to inform strategic and product‑related decisions
• Collaborate on strategic partnerships, white‑label opportunities and product design initiatives
• Prepare budgeting and forecasting inputs, providing valuable insights for financial planning and business performance
• Partner with the appointed actuary and external actuarial vendors, supporting effective oversight of outsourced actuarial services
• Identify and implement opportunities to enhance processes, models and reporting frameworks

About You:

• Experience within life insurance or actuarial environments, ideally with exposure to APRA reporting (LRS/LRF)
• Strong understanding of capital adequacy, ICAAP, solvency or regulatory frameworks
• Tertiary qualifications in Actuarial Studies, Financial Management, Financial Analysis, Business or a related discipline
• Progress toward actuarial qualification (or actuarial exposure) highly regarded
• Strong analytical and modelling capability (Excel/VBA or similar), with the ability to interpret complex data and translate insights into meaningful recommendations
• Comfortable working across both technical and stakeholder‑facing environments, including finance, actuarial and business teams
• A proactive mindset, with an interest in improving processes, frameworks and ways of working
• Exposure to funds management, investments or asset management is desirable

What’s on Offer:

You will enjoy a range of great employee benefits and rewards including:

• Competitive salary + bonus program
• Enjoy additional yearly Well-Being and Community leave days
• 14-week paid parental leave, with equal benefit for both parents PLUS our Bump to Baby
• Employee Referral Program
• Employee Assistance Program – support and assistance for you and your partner at those times in life when you need it most
• Maxxia Rewards - a great range of discounts and benefits at selected retail outlets, department stores, attractions, travel, cinemas, restaurants.
• Discounts across the Australian Unity business including Private Health Insurance, General Insurance + more!
• Available access to LinkedIn Learning courses through our great Learning platform

For further benefits visit: https://www.australianunity.com.au/careers/culture

Australian Unity is an Equal Opportunity employer and we encourage applications from all members of the community, including people of Aboriginal and Torres strait Islander descent, culturally and linguistically diverse backgrounds and, mature aged people.