Modelling Actuary

We are somewhat different

Hannover Re employs more than 4,000 people across locations worldwide. Our strength? Connecting Power: We rely on each other to achieve more.

Our purpose? Beyond risk sharing – we team up to create opportunity. Delivering innovative, customised solutions in an environment where yesterday’s answers may not meet tomorrow’s challenges. This mindset has made us one of the world’s leading and most profitable reinsurance groups and a trusted, reliable employer.

In Australia and New Zealand, Hannover Re is a major player in the Life & Health reinsurance market. Locally, we combine the agility of a small, nimble team with the financial strength and global reach of one of the world’s largest reinsurers.

We currently have an exciting opportunity for a Modelling Actuary to join our Life & Health Subsidiary in Sydney.

About the role:

Reporting directly to the Deputy Chief Actuary, this permanent role is part of our Actuarial team.

As a Modelling Actuary, you will support actuarial modelling, financial reporting and capital modelling processes, while contributing to broader actuarial projects and system improvements.

You can look forward to:

• Contributing to the development and enhancement of actuarial models and infrastructure across the full lifecycle

• Supporting Internal Capital Model runs and related processes

• Assisting with quarterly financial reporting, including RiskAgility FM modelling

• Identifying opportunities to improve models, processes and overall efficiency

• Working on actuarial and business-led projects, including strategic initiatives

• Collaborating across teams to strengthen data quality and systems

You come equipped with:

• FIAA (or equivalent) or nearly qualified with minimum 5 years of experience in the Life insurance industry desirable

• Actuarial modelling software experience, ideally with RiskAgility FM.

• Experience with coding in R and SQL

• Strong analytical and problem-solving skills

• Ability to work with minimal supervision and as part of a team

• Excellent organisation skills, attention to detail and ability to prioritise effectively

• Clear and effective communication both written and verbal

You will stand out if you are:

• Naturally curious – always asking “how can we do this better?”

• Process-oriented – with a strong focus on continuous improvement

• Self-driven – able to prioritise effectively and work with minimal supervision

• Attention to detail orientated – you see the things others miss and have an eye for numbers and effective use of language

Applicants must have unrestricted permanent rights to work in Australia (Australian citizenship or permanent residency only).

What do we offer you:

Are our values, Responsibility, Drive and We‑Spirit aligned with yours?

Culture & environment

You’ll join an international organisation with short decision paths, an open feedback culture, and a strong sense of community built on respect, collaboration and mutual support.

Benefits

We value our people and their contribution to our shared success. Our benefits include structured onboarding, hybrid working arrangements, an Employee Assistance Program (EAP) and modern offerings focused on professional development, wellbeing and engagement.

Career development

You’ll bring your specialist expertise and in return we offer continuous learning, exposure to global perspectives, and the opportunity to contribute ideas, innovate and shape your career.

Only together can we achieve our objectives.

To learn more about Hannover Re Australia, visit our careers site: https://www.hannover-re.com/de/local-offices/australia/career/

We don’t just offer a job and a title. If you’re looking for an organisation that genuinely values its people and is Somewhat Different, we would love to hear from you.

Apply now!