Actuary (12 Month Fixed Term Contract)

This role is responsible for enhancing and productionising the existing Insurance Capital Standards (ICS) calculation models to align with TAL modelling standards, governance requirements, and audit expectations. The position focuses on strengthening controls, validations, and review processes across the ICS reporting framework, while improving analytical capabilities and process efficiency. The role will drive model enhancements, uplift reporting controls and checks, and optimise the end-to-end capital reporting process to ensure accurate, timely, and reliable delivery of monthly reporting obligations.

In this role you will: 

• Enhance and productionise Insurance Capital Standards (ICS) calculation models to improve

robustness, scalability, and alignment with TAL modelling standards.

• Review, design, and implement effective controls, reconciliations, and validation checks across the ICS reporting process to strengthen governance and minimise operational risk.
• Drive continuous improvement initiatives to streamline capital reporting processes, reduce manual

intervention, and improve reporting efficiency.

• Develop and maintain comprehensive documentation for models, methodologies, controls, and reporting processes.
• Support the implementation of model enhancements, testing, and validation activities, ensuring changes are appropriately governed and controlled.
• Support external audit reviews by providing evidence, documentation, and explanations relating to the ICS calculation and reporting framework.
• 5+ years’ experience in a life insurance (or equivalent) actuarial role.
• FIAA qualified (or equivalent)
• Strong analytical skills and financial modelling capabilities.
• Knowledge of the Australian life insurance market – products, industry structure and trends, drivers and profitability, regulatory requirements.
• Knowledge of Prophet and spreadsheet modelling.
• Experience in capital or other financial reporting desirable but not essential.

TAL is one of Australia’s leading life insurers, committed to inclusion, and supporting the career growth of our diverse workforce. We’re proud to be:  

• An Inclusive Employer – Recognised as Employer of Choice for Gender Equality by the Workplace Gender Equality Agency from 2014 to 2025 and 2023 to 2026 Bronze Tier Status within the Australian Workplace Equality Index  
• Diversity Champions – Member of Diversity Council Australia, Australian Disability Network, Pride in Diversity and Champions of Change  
• Reconciliation Advocates – Read our  Innovate Reconciliation Action Plan.  
• We welcome applications from people with diverse experiences, perspectives and backgrounds including Aboriginal and Torres Strait Islander people, caregivers, individuals with disability/ies, people from culturally diverse backgrounds and the LGBTQ+ community.  
• Need adjustments during the recruitment process? Let our team know by getting in touch with us  here. —we’re here to support you. 

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 several 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.  

#LI-Hybrid  

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 .