Job Description

Actuary - Diversified Business - Sydney CBD (HCF House)

We are seeking a commercially minded and technically strong Senior Actuary to join our Diversified Business team. This role provides a unique opportunity to work across a broad portfolio of products and business lines, delivering actuarial insights that support strategic decision-making, product development, pricing, financial performance monitoring and business growth.

As a key member of the team, you will lead and contribute to a wide variety of actuarial and analytical initiatives, including pricing reviews, forecasting, financial modelling, performance analysis, budgeting and regulatory reporting. You will work closely with stakeholders across the business and have the opportunity to mentor and support the development of junior actuarial team members.

This is an excellent opportunity for an experienced actuary who enjoys solving complex business problems, influencing stakeholders and driving commercial outcomes in a dynamic environment.

About the Role

Key Responsibilities

Pricing, Reporting & Business Performance

• Lead and deliver pricing, product development and portfolio monitoring initiatives.

• Analyse business performance, identify trends, risks and opportunities, and provide actionable recommendations.

• Prepare, review and communicate regular actuarial analyses and performance reports.

• Respond to business queries and provide actuarial advice to support decision-making across the organisation.

Forecasting & Financial Modelling

• Develop, maintain and enhance pricing, forecasting, reporting and reserving models.

• Lead experience investigations, performance reviews, budgeting processes and financial projections.

• Support year-end financial reporting and planning activities.

Regulatory & External Reporting

• Support the preparation of regulatory and statutory reporting requirements.

• Assist with reporting to external stakeholders including auditors, reinsurers, regulators and industry bodies.

• Monitor industry developments, market trends and regulatory changes that may impact the business.

Strategy & Business Insights

• Provide actuarial expertise and commercial insights to strategic initiatives and business projects.

• Conduct research and analysis on market, competitive and regulatory developments.

• Present findings and recommendations to management and senior stakeholders.

Team Leadership & Stakeholder Management

• Build and maintain strong relationships with stakeholders across Product, Finance, Risk, Technology, Data and Customer-facing teams.

• Provide guidance, coaching and oversight to actuarial analysts and junior team members where required.

• Foster a collaborative and high-performing team environment.

About You

You are an experienced actuarial professional with strong analytical capability, commercial acumen and the ability to communicate complex concepts to a broad range of stakeholders.

Skills, Experience & Qualifications

• Minimum 5 years’ experience in an actuarial, analytics, pricing, forecasting or financial modelling role.

• Qualified Actuary or progressing towards Fellowship of the Institute of Actuaries of Australia (or equivalent international qualification).

• Strong technical modelling skills, including experience with tools such as Excel, SQL, SAS, Python and/or R.

• Demonstrated ability to analyse complex data and translate findings into practical business recommendations.

• Experience managing multiple projects and stakeholders in a dynamic environment.

• Strong written and verbal communication skills, including presenting insights to senior stakeholders.

• Experience mentoring, coaching or reviewing the work of junior team members is highly regarded.

• Experience within insurance, health, financial services, banking, consulting or other data-driven industries will be highly regarded but is not essential.

• Knowledge of Australian insurance, health or financial services regulation is advantageous but not required.

Why Join Us?

This role offers the opportunity to work on diverse and impactful projects, influence key business decisions and contribute to the success of a growing and evolving business. You’ll join a collaborative team environment that values innovation, professional development and continuous improvement.

About HCF

At HCF, our purpose is to bring our human touch to healthcare. Since 1932 we’ve been putting our members and their health first. As Australia’s largest not-for-profit health fund, we cover 2 million members with health, life, travel and pet insurance and our vision is to make healthcare understandable, affordable, high quality and member centric.

We want to be true health partners to our members, easily guiding the healthcare choices that are right for them. At HCF, our values are the way we do things and create the necessary culture to help us realise our purpose and deliver our Strategy. Living our values in action we step forward, walk in their shoes, stay human, make it better and get there together.

Culture & Benefits

Purpose-driven passion
We’re united by a common purpose: to make healthcare affordable, understandable, high quality and member-focused.

Wellness and work-life balance
We’ll empower you with the necessary skills and tools to support your personal wellbeing journey, ensuring you perform at your best. Our offerings include:

• Flexible working arrangements

• 50% subsidy on HCF hospital and/or extras cover

• Family-friendly certified employer

• 18 weeks of parental leave for all new parents

• Mental health and wellbeing programs, including workshops, fitness classes, flu vaccinations, skin checks and more

• Discounts on HCF’s products, including life, pet and travel Insurance, as well as discounts at Fitness First gyms and on our eyecare products.

Collaboration and inclusivity
We embrace diversity as our strength and are committed to maintaining an inclusive and collaborative work environment. Our workplace is welcoming and safe for all our employees, irrespective of their unique characteristics including age, ethnicity, cultural or spiritual background, gender identity, disability, education and socio-economic status.

Continuous learning and growth
We believe in lifelong learning. HCF provides opportunities for personal and professional development. From workshops to mentorship programs, we encourage your growth and curiosity.

Next steps

If you require any adjustments to assist you in making your application or during the recruitment or onboarding process, please reach out to Talent Acquisition – peopleservices@hcf.com.au to discuss.

We encourage applicants to submit their applications at their earliest convenience, as at HCF, we review applications as they are submitted, and may have filled the role prior to the job closing date.