• $157,266 per annum + Superannuation
• Full Time, On Going position
• Geelong (Hybrid - 3 Days per week in the office)

About the role

The Principal Actuarial Analyst, Actuarial Services will be responsible for providing analysis on claim performance trends to assist the Actuarial team of the Return to Work Victoria Business Unit (RTWV BU) in understanding and communicating key drivers of WorkSafe's experience.

This position has specific responsibilities for the delivery of key actuarial data, the analysis of scheme trends and development of monitoring tools and actuarial models.

The Actuarial team is responsible for the management of the valuation of the Scheme and has strong relationships with WorkSafe's operational divisions and works closely with all aspects of the claims management process.

Key Accountabilities:

• Apply actuarial modelling and analytical skills to provide support to the broader actuarial team
• Development of key statistical data and monitoring tools for analysis of Scheme trends
• Conduct actuarial analysis as required, including preparing, manipulating, interpreting data and developing actuarial models under the direction of a senior actuarial consultant
• Provision of key statistical data for the scheme actuarial valuations
• Prepare claims data for self-insurer exits and legislative or policy changes
• Present complex analysis and insights in an easy to understand manner

Please ensure you click here to view the Position Description provided for additional information on accountabilities for this role.

About you

You will be an experienced analyst who is curious and inquisitive by nature. You will have excellent communication and interpersonal skills allowing you to develop strong stakeholder relationships. With strong deadline management skills you are also someone who is able to work autonomously with limited supervision when required whilst also being collaborative as part of a team.

Skills and experience:

• Ability to problem solve, undertake effective research and analysis and produce accurate reports
• Ability to present insights statistically, visually, and in easy-to-understand language
• Experience in, and a strong knowledge of SAS / Excel
• Statistical, quantitative and/or financial modelling skills to develop solutions to business challenges
• Experience and knowledge in the accident compensation industry and/or relevant actuarial experience desirable

Qualifications:

• You will have tertiary qualifications in an appropriate discipline which may include postgraduate study at degree level in Actuarial Science, Mathematics, Statistics or other relevant field
• Desirable for degree to satisfy the requirement of Part I of the Actuaries Institute actuarial education program

Working with Us

At WorkSafe, we aspire for every employee to feel connected, safe and valued in their team, for teams to feel valued in the workplace, and for WorkSafe to be valued in the community.

We believe that a diverse workforce is the key to delivering the best outcomes for the Victorian community and strongly encourage applications from all people, including First Nations people and people with disability, diverse cultural and linguistic backgrounds, sexualities and genders.

What's next?

Applications close at 11:00pm on Wednesday, 3rd July 2024. Click the link to apply, and join us in making a difference to Victorian lives.

Only people with the right to work in Australia may apply for this position. You may be required to undergo a National Police Check (and/or Medical Assessment) as part of the recruitment process.

Candidate screening may take place prior to the advertisement closing, so get your application in.

For further enquiries please contact David Heaney via email - david_heaney@worksafe.vic.gov.au

About us

WorkSafe's Strategy has our core purpose front of mind - reducing workplace harm and improving outcomes for injured workers. We don't shy away from the importance of our purpose to the Victorian community, that's why we have a stated ambition to be world leading.

We want Victoria to be the safest place to work in Australia and one of the safest in the world; and we aspire to be a world leader in return to work after a workplace injury.

WorkSafe are striving to build a diverse workforce that reflects the Victorian community we serve.

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