Actuarial Manager

Title: Actuarial Manager

Location: Newcastle Australia

Job Description:

About the role

At nib, we're committed to delivering better health outcomes through smart, data-led decisions. As an Actuarial Manager, you'll play a critical role in shaping strategy, influencing performance, and providing trusted advice across the business.

Reporting to the Senior Manager, Actuarial, you will lead key actuarial deliverables and partner with stakeholders to provide commercially focused, risk-aware insights that drive decision-making.

This is a high-impact role suited to an experienced actuarial professional who enjoys combining technical depth with business influence.

Key responsibilities

• Lead core actuarial processes including reserving, capital, pricing and forecasting

• Deliver high-quality analysis to inform strategic and operational decisions

• Develop and maintain robust actuarial models and frameworks

• Contribute to regulatory reporting and submissions (APRA, premium filings, ICAAP)

• Provide mentorship and guidance to junior team members

• Maintain strong documentation, controls and governance practices

• Partner with stakeholders to deliver clear, commercially relevant insights

About you

You bring strong technical capability combined with the ability to influence and communicate effectively across the business. You are comfortable working autonomously, balancing competing priorities, and translating complex analysis into actionable outcomes.

What you'll bring

• Degree in Actuarial Studies, Mathematics, Statistics or similar

• FIAA (or equivalent)

• Strong experience in financial and regulatory reporting

• Advanced analytical, modelling and programming capability

• Strong stakeholder engagement and communication skills

Highly regarded:

• Private health insurance experience

• Exposure to stress testing, capital frameworks or ICAAP

• Familiarity with APRA standards

We know some people only apply when they meet every requirement. We're always on the lookout for curious individuals who will add to the culture - so if this role resonates with you and you have relevant experience, we'd love to hear from you!

Who we are

nib is a leader in private health insurance, disability support and health services, reshaping the industry through bold innovation, strategic disruption and trusted partnerships. We deliver great value health insurance and support services to protect, connect and empower you to access healthcare when and where you need.

We have a mission and vision of people enjoying better health. Through our success, we aspire to more prosperous and sustainable communities, helping people make more informed healthcare decisions and generally live healthier lives.

Diversity, equity and inclusion

We embrace a flexible working environment and welcome candidates who reflect the diversity of the communities in which we operate. We're committed to an environment where everyone has the autonomy and freedom to be their authentic selves, every day. We encourage Aboriginal and Torres Strait Islander peoples, people living with disability, veterans, LGBTQIA+ as well as culturally diverse community members to apply for open roles.

We're committed to creating an accessible recruitment process and employment experience. If you identify as a person living with disability and require adjustments to our online application, recruitment, selection and/or assessment process, or would like this advertisement in an alternative format, please contact us at careers@nib.com.au

Working at nib

Our hybrid working model offers flexibility to work from home or our purpose-built office Hubs, designed for focus, connection, and collaboration. We're committed to coming together with purpose.

Other benefits to support you at work (and play) include:

• New starter benefit to help set up a functional home workspace

• 50% discount on employee health insurance + 35% off travel insurance

• The opportunity to give back to the community through paid leave for volunteering through nib foundation

• Access to our nib Well Program and corporate fitness discounts

• Access to employee share plans, short-term incentive program and life and salary continuance insurance benefits

• 18 weeks paid parental leave for all new parents regardless of carer status

• 5 days paid cultural leave for First Nations peoples

• 4 weeks paid gender affirmation leave for trans, gender diverse and intersex employees