Senior Analyst – Financial Risk

Senior Analyst – Financial Risk Reporting to the Head of Market Risk, you will support the analysis and articulation of the Australian business’s (Life and Health) financial (asset and insurance) risks, oversight of the financial risk framework, and support relevant committees managing financial risk. You will also influence the oversight of asset‑liability management, market, credit, liquidity, insurance risk and capital management outcomes. You will work closely with the Head of Market Risk, Head of Insurance Risk and Manager – Financial Risk to deliver sound advice, guidance, analysis and reporting on financial risks to support sustainable business outcomes. Responsibilities Support second‑line oversight and challenge of insurance and reinsurance proposals Assist in oversight of asset‑liability management, market, credit, liquidity risk, and capital management outcomes Collate, challenge, and contribute to the development of Key Risk Indicators (KRIs) for financial risk and sustainability reporting Support the generation of regular Capital‑at‑Risk and Market Risk reports, ensuring accuracy and timeliness Support relevant committees managing financial risk Provide analytical support for financial risk assessments, ad‑hoc requests, and projects from time to time, from senior stakeholders Contribute to quarterly reporting inputs for market and insurance risk Engage with business units to ensure timely collection of KRIs and other risk data Recommend and implement improvements to data collection and validation processes to strengthen reliability of risk metrics Explore and propose tools or analytics enhancements (e.g. PowerBI, data visualisation) to improve insight and decision‑making Preferred Qualifications Actuarial student studying towards full FIAA qualification Previous experience within the Australian life insurance and/or health insurance industry A strong understanding of the key drivers of life and health financial risks from capital and ALM perspectives Experience working with or understanding of investment environment and derivative use; Value‑at‑Risk modelling; Reinsurance; and operational risk and compliance considerations Sound relationship management skills and the ability to develop cross‑organisational networks Competency with Power BI, Microsoft Excel (including use of macros), Word and PowerPoint Experience using Python, R and AI skills may be beneficial for this role Benefits Access our training and development to build on your current skills Career development through internal mobility opportunities Work for a business helping millions of Australians and make a difference to someone’s life everyday Access additional leave days a year to recharge and refresh yourself Enjoy wonderful Health and Wellbeing initiatives that support you Work with supportive and inclusive managers Flexible working arrangement Company Overview At AIA Australia, we’re proud to help guide, support and protect the wellbeing of over 3.5 million Australians. As part of the AIA Group – the largest independent publicly listed pan‑Asian life insurance group – it is our ambition to engage one billion people to live Healthier, Longer, Better Lives by 2030. Lots of companies like to say they’re different. What makes us truly different at AIA, is the difference we make in people’s lives. We are proud that this difference has been recognised in the 2024 ANZIIF awards by being named Life Insurance Company of the Year. Apply via the link. Location Melbourne or Sydney, Australia Seniority Level Mid‑Senior level Employment Type Full‑time Job Function Accounting/Auditing and Finance Industries Insurance and Financial Services #J-18808-Ljbffr