The Opportunity – Senior Actuarial Analyst

This role plays a key part in supporting Medibank’s strategic and financial decision-making by delivering high-quality forecasting, actuarial analysis and business insights across our Health Insurance portfolios. Reporting to the Manager, Claims & Revenue, you will be a member of the Forecasting team within Actuarial & Investment Services, contributing to the delivery of forecasts that support sustainable growth, customer value and better health outcomes.

Working closely with stakeholders across Finance, Actuarial and the broader business, you will provide data-driven insights, maintain and enhance forecasting models, and support key commercial and strategic decisions through robust actuarial analysis and business partnering.

How you will create value

In this broad and dynamic role, you will add value by:

• Supporting the delivery of forecasts across Medibank’s forecasting cycle, including the annual corporate plan, periodic forecasts and monthly spot forecasts.

• Developing, maintaining and monitoring forecast assumptions through analysis of volume, revenue and claims trends, identifying key risks, opportunities and emerging issues.

• Producing insightful analysis to explain business performance, forecast variances and underlying drivers to support decision-making.

• Enhancing and maintaining forecasting methodologies, models and tools to improve accuracy, efficiency, transparency and governance.

• Providing scenario analysis and forecasting input to support pricing decisions, regulatory submissions and strategic planning activities.

• Building trusted relationships with stakeholders across Finance, Actuarial and operational business areas to coordinate forecasting inputs and provide actuarial advice.

• Undertaking actuarial investigations and presenting clear, actionable insights and recommendations to both technical and non-technical stakeholders.

• Contributing to continuous improvement initiatives through the application of new analytical techniques, automation opportunities and innovative forecasting approaches.

About you

You are an analytically minded actuarial professional with experience delivering insights and forecasting solutions in a complex business environment. You enjoy solving problems, partnering with stakeholders and translating data into meaningful commercial outcomes.

Key attributes and experience include:

• Strong actuarial modelling and analytical capabilities, including advanced proficiency in Excel, R and SQL.

• Demonstrated 3+ years’ experience in an actuarial, forecasting or analytical role, ideally gained within insurance, health or financial services.

• Experience working with large datasets, databases and forecasting or statistical modelling techniques.

• Strong stakeholder management and communication skills, with the ability to translate complex actuarial analysis into clear commercial insights for technical and non-technical audiences.

• Significant progress towards Fellowship with the Institute of Actuaries of Australia (or an equivalent international actuarial body).

• Tertiary qualifications in actuarial studies, statistics, finance, business or another quantitative discipline.