Reporting Actuary

The Opportunity – Capital & Reserving Actuary 

This role is a key member of Medibank's Capital & Reserving Squad, supporting the delivery of critical actuarial analysis, reporting and advice that underpin sound financial management, regulatory compliance and strategic decision-making. 

You will play an important role in claims reserving, prudential reporting, capital management and Risk Equalisation activities, while helping to drive continuous improvement across actuarial models, reporting processes and controls. 

You will partner with stakeholders across Finance, Actuarial and Risk functions to provide high-quality actuarial insights, apply professional judgement to complex issues and contribute to the ongoing evolution of the team's capabilities, systems and processes. 

How you will create value 

In this broad and dynamic role, you will add value by: 

• Owning and delivering assigned actuarial analysis, modelling, reporting and advice across the team’s remit, including claims reserving, prudential reporting, capital management and Risk Equalisation activities. 

• Leading key components of the monthly claims reserving and reporting cycle, , applying actuarial judgement in reviewing model outputs, setting assumptions and explaining trends. 

• Preparing regulatory reporting and supporting modelling and documentation, including APRA submissions, reconciliations, audit responses and compliance obligations. 

• Analysing experience, trends, variances and emerging issues to provide meaningful insights and recommendations that support informed decision-making. 

• Applying effective governance, controls and validation practices across models, data, assumptions and reporting, in line with regulatory obligations, actuarial standards and internal frameworks.  

• Leading process uplift initiatives, automation opportunities and continuous improvement activities that strengthen the squad's overall contribution and effectiveness. 

• Coordinating analysts in delivering to deadlines, and providing technical guidance, peer review and coaching. 

About you 

You are an actuarial professional who combines strong analytical capability with commercial thinking, technical expertise and a collaborative approach. You are comfortable working with complex datasets and models, applying sound judgement and communicating insights to a broad range of stakeholders.  

Key attributes and experience include: 

• Associate or Fellow of the Actuaries Institute (or equivalent), with typically 4+ years' actuarial experience. 

• Strong practical experience in one or more of private health insurance, claims reserving, liability valuation, APRA prudential reporting or actuarial and financial reporting processes. 

• Strong actuarial modelling, financial analysis and data skills, including advanced Excel and practical experience with SQL and a programming languages such as R or Python. 

• Demonstrated ability to analyse complex information, identify key insights and translate them into clear, actionable advice. 

• Experience developing or enhancing governed models, reporting processes and control environments, and a drive for continuous improvement.