Actuarial Graduate Program

What we can provide: 

• Two-year full-time program commencing February 2024.
• The program consists of 3x six-month rotations across our Actuarial functions; Valuations, Capital, Finance, Individual Life Pricing and Group Pricing plus 1x 6-month rotation outside your selected discipline.
• Access to industry thought leaders, and support from dedicated sponsors, buddies, and career mentors.
• Ongoing professional learning and development programs.
• Mentorship for actuarial exams, and study groups taught by senior actuaries.
• Networking with Senior Business Leaders, including our Chief Executive Officer.
• Career development pathways tailored to your professional goals.
• Work-life balance including flexible working from home arrangements.
• A work culture that respects opinions and fosters inclusion and diversity.
• 1-week study tour to the Dai-Ichi Life Head Office in Japan.

What you will do:

As an Actuarial Graduate within TAL, you will be responsible for supporting and collaborating with the Actuarial teams on analytical tasks and commercial thinking to optimise outcomes for TAL and our customers. 

Having exposure to Individual Risk Group Risk and Finance you could be working on the following:

• Assisting in the reporting, monitoring, and designing of insurance products.
• Valuing and modelling the economic capital, liabilities, and assets on behalf of the organisation.
• Ensuring regulatory compliance with statutory requirements.
• Advising the business of the commercial and risk implications (actuarial risk).
• Contributing towards a culture of process improvement.

Who we are looking for:

• Strong academic track (distinction average or above) in a mathematical, finance field ideally with a major in Actuarial studies.
• Desire to work in the life insurance industry.
• Effective verbal and written communication skills.
• Well-rounded background with experience across community and/or extra-curricular activities
• Curious mindset, a willingness to learn how things work and a passion for making things better.
• Interest in roles that not only embrace analytical skills but are also commercial and customer focused.
• Leadership qualities developed through high school, university, work experience and/or extracurricular activities.
• Initiative and drive, together with the ability to work well both independently and in a team environment.

Our benefits:

• TAL is committed to providing actuaries educational support to enable them to excel in their role and up to 25 exam/study days a year.
• Company-paid income protection insurance, and life and total + permanent disability insurance.
• Discounted private health insurance plan with NIB.
• Wellbeing resources to support your physical, nutritional, mental, and financial health.
• Our offices have fitness facilities; a fully equipped gym, daily onsite classes in Boxing, HIIT, Yoga, Pilates, and Zumba.
• End-of-trip facilities including bike racks and showers, or employees are entitled to discounted memberships at nearby gyms.
• Discounts on everyday spending at over 350 popular Australian stores.
• Community Days - paid leave to give back to the community by volunteering, mentoring, or fundraising causes.
• Blended ways of working – a mix of working from home and in the office.

Who can apply:

• The program starts in February 2024 by which time you must be an Australian citizen, a Permanent Resident of Australia or hold a 485 Sub-Class Visa, and willing to undergo references and background checks as required.
• Completion of an undergraduate or post-graduate degree in the last 2 years or by the end of 2023.

If this sounds like an opportunity for you, we encourage you to apply today. Please attach a cover letter and/or resume and a copy of your academic transcripts.

Important to us:

Every Australian life is different. And we know the value of having different people from all walks of life with varied points of view. 

Work is a big part of life, and we work hard to make it one of the best parts. We offer a workplace that’s inclusive and flexible, supporting our people with options that let them make the most of their careers. We don’t just say it; we do it.  

Everyone at TAL has a responsibility to do the right thing and is accountable for the way they conduct themselves. Our expectations are that you follow the principles set out in our Code of Conduct when you come to work every day. Risk management is everyone’s responsibility.