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Capital & Profit Advisory - Analyst/Senior Analyst

READY FOR ANYTHING 
At IAG, we live and work by our purpose to make your world a safer place. We are motivated by a unique culture that celebrates honesty, creativity, empathy, equity and collaboration. We call it the IAG way, and it means we all share a ‘ready for anything’ mindset that sets the tone for positive actions and positive outcomes. We put heart into everything we do which guides us to create amazing things for our customers, our people and our communities.  
We’re brimming with ideas, ambition and a readiness to apply bold thinking and risk awareness to make a difference where it matters most. 
As the largest general insurance group in Australia and New Zealand, we own some of the region’s most trusted brands, including NRMA Insurance, CGU, SGIO, SGIC and WFI. We are ready for anything. 

 

•    Actuarial Analyst/ Senior Analyst, Capital & Profit Advisory
•    Sydney CBD
•    Permanent Roles available

 

The Capital and Profit Advisory team delivers insights around economic capital and profit targets to key stakeholders across the Group including the Board and Business Divisions. The team aims to develop our understanding of potential economic capital-related impacts from changes in our business and in the event of possible future scenarios. 
As part of maintaining best practice Internal Capital Adequacy Assessment Process (ICAAP), the team provides advice on the solvency and profitability implications of investment, reinsurance underwriting, pricing and capital decisions. This advice is used to support strategic decision-making across the business on matters involving economic capital, risk and uncertainty.  
The role brings the opportunity to work with senior leaders in developing the company’s evolving capital platform and new ways of analysing profit targets. A track record of independent thinking will be critical as well as the ability to communicate complex technical issues to non-technical audiences and an enthusiasm for building internal relationships. 


Skills and Experience
•    Tertiary qualifications in an appropriate Technical discipline eg Statistics, Mathematics, Data Science, Actuarial, Finance & Engineering
•    Prior practical experience (minimum 1-2 years Analyst, 3-5 years for Senior Analyst) in the analysis of complex data, with a preference to experience in General Insurance roles
•    A good communicator and team player
•    Prior experience working with issues of economic capital is desired. 


IAG’s Group Actuarial 
The Capital and Profit Advisory team is part of the broader IAG Group Actuarial team. IAG’s Group Actuarial aims to influence better strategic decisions through analysis of experience and trends to create insights into the future. Our team, led by the Chief Actuary, advises Board, Executive and Senior Business Leaders across Australia and New Zealand in understanding the uncertainty associated with the Group’s material risks and provides pragmatic advice on optimising its enterprise value. 

 

Ready for anything? Let’s talk.
Start your career journey with us and click ‘Apply’! Applications close on Wednesday 11th August 2021
IAG rewards and recognises its people with generous benefits, career development opportunities and real work-life balance. Employees also enjoy 13% superannuation, up to 50% insurance discounts, flexible work and leave options, generous parental leave and return to work programs, various corporate partner discounts and a people-focused culture that celebrates achievements big and small. 
Creating a workforce that actively embraces diversity, inclusion and a sense of belonging is key to our success. We believe in treating everyone fairly which means that inclusion, removing barriers, striving for equity and embracing diversity are woven through our values and behaviours.  We encourage applications from all backgrounds and communities and are committed to providing a work environment that enables you to thrive, whatever your circumstances. If we can provide support with access requirements, alternative work arrangements please advise us via your application.
IAG has committed to the reconciliation movement in Australia for First Nations people and focus on providing a safe and supportive work environment for all our employees. More information on our Reconciliation Action Plan can be found on our company website.

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