Manager Actuarial Reserving and Capital (MARC)

Join an organisation with a focus on diversity and inclusion, ensuring that all our employees feel welcomed, recognised, and valued.

About us – Australian Reinsurance Pool Corporation (ARPC)

ARPC’s purpose as a public financial corporation is to make a meaningful difference to Australian communities by providing sustainable and effective reinsurance for terrorism and cyclone events.

Our vision is to support insurers to deliver affordable terrorism and cyclone insurance in Australia. At ARPC, our values of Integrity, Respect, Service, and Wellbeing shape how we work and deliver outcomes.

Opportunity to be involved

The Manager Actuarial Reserving and Capital leads ARPC’s actuarial reserving and capital management function and is a key advisor to the Head of Actuarial.

Reporting to the Head of Actuarial, the role is responsible for delivering ARPC’s actuarial valuation of outstanding claims liabilities and premium liabilities, supporting capital projections, and providing financial risk insights that inform executive and Board decision-making.

This role plays a critical part in maintaining ARPC’s financial resilience and contributes to key organisational outputs including the Annual Valuation Report and Financial Outlook Report.

Role responsibilities

• Lead the delivery of ARPC’s annual actuarial valuation and ongoing reserve estimates, ensuring compliance with professional standards and organisational policies.
• Maintain and enhance ARPC’s capital projection model, providing insights that support capital management and the Financial Resilience Framework.
• Model cashflow and liquidity requirements in collaboration with Finance to support effective financial management.
• Contribute actuarial inputs into the Financial Outlook Report and annual budgeting processes, including projections of premium and claims costs.
• Provide high-quality technical advice and briefing material to the Head of Actuarial, CFO and Board on reserving and capital matters.
• Own and maintain actuarial model governance frameworks, including documentation, validation, change control and model risk oversight.
• Lead engagement with external stakeholders including the Cyclone Pool Reviewing Actuary, external actuaries and auditors.
• Embed sound risk management practices, proactively identifying risks and implementing mitigating actions.
• Lead and develop team capability, including management of the Reserving and Capital Analyst, and contribute to broader actuarial and corporate initiatives.

Candidate Attributes

Qualifications

• Fellowship of the Institute of Actuaries of Australia — Mandatory
• Tertiary qualification in Actuarial Studies, Economics, Finance, Statistics or Commerce — Mandatory

Experience

• Experience in the insurance, reinsurance or financial services sector— Mandatory.
• Experience delivering actuarial valuations, capital modelling or financial projections — Highly Desirable
• Experience engaging with senior stakeholders and translating complex data into clear insights— Highly Desirable
• Exposure to regulated or government environments — Desirable

Technical capability

• Strong analytical capability with the ability to derive clear insights from complex data
• Experience with programming languages (e.g. SQL, SAS, R, Python) and data visualisation tools (e.g. Power BI)
• Strong written and verbal communication skills, with the ability to influence senior stakeholders
• Demonstrated ability to build productive working relationships across internal and external stakeholders
• High attention to detail and ability to operate as a subject matter expert

Note

The role is based in Sydney CBD, and you must be an Australian citizen and be able to obtain the Australian Government’s baseline security clearance successfully.

Please apply for this position with a resume and covering letter to [email protected]. Your application will be reviewed by a member of the HR team and suitable candidates will be invited to an interview for the role.

The closing date for applications for this role is Monday 13^th April 2026.