Actuary – Diversified Business

Make an impact through data, insights and smarter business decisions.

Working within our Group CFO division, you’ll partner with stakeholders across the business to turn complex data into meaningful insights, support strategic initiatives and help shape business decisions. You’ll also have exposure to HCF Life, with opportunities to support our Pet and Travel Insurance portfolios.

What you’ll be doing

• Pricing and product development: Lead and contribute to pricing reviews, product development projects and portfolio monitoring, using data and actuarial insights to inform recommendations.
• Financial modelling and forecasting: Develop and maintain actuarial models, support budgeting and forecasting, and contribute to claims reviews, experience investigations and financial reporting.
• Reporting and insights: Analyse portfolio performance, identify emerging trends, risks and opportunities, and communicate findings and recommendations to stakeholders.
• Regulatory and external reporting: Support regulatory reporting requirements and work with external Appointed Actuaries, reinsurers and industry bodies.
• Strategy and business partnering: Provide actuarial expertise and commercial insights to support strategic initiatives, business planning and decisions affecting our diversified portfolio.
• Collaboration and team support: Build strong relationships across Product & Innovation, Finance, Risk, IT and other business areas, with opportunities to guide and support Actuarial Analysts.

What you’ll bring

• At least five years’ relevant actuarial experience, ideally within private health or life insurance.
• Qualified as, or working towards, Fellowship of the Institute of Actuaries of Australia.
• Strong technical, analytical and financial modelling skills, including advanced Excel and experience with tools such as SAS, SQL, Python or R.
• Knowledge of the Australian life and health insurance industries and their regulatory frameworks.
• The ability to interpret complex data, identify trends and translate findings into clear insights and practical recommendations.
• Strong communication and presentation skills, with the confidence to engage and influence stakeholders at all levels.
• A proactive, commercially minded approach and an interest in using technology and AI tools to improve the way we work.

Why join HCF?

You’ll be part of a collaborative actuarial team where your work goes beyond the numbers. With exposure to a diverse range of insurance products, business challenges and strategic initiatives, you’ll have the opportunity to broaden your expertise, influence decisions and make a meaningful contribution to HCF’s performance.

If you’re looking for a role that combines technical actuarial work with business partnering and strategic thinking, we’d love to hear from you.

Ready to make an impact? Apply now.

About HCF

At HCF, our purpose is to bring our human touch to healthcare. Since 1932 we’ve been putting our members and their health first. As Australia’s largest not-for-profit health fund, we cover 2 million members with health, life, travel and pet insurance and our vision is to make healthcare understandable, affordable, high quality and member centric.

We want to be true health partners to our members, easily guiding the healthcare choices that are right for them. At HCF, our values are the way we do things and create the necessary culture to help us realise our purpose and deliver our  Strategy. Living our values in action we step forward, walk in their shoes, stay human, make it better and get there together.
 

Culture & Benefits 

Purpose-driven passion
We’re united by a common purpose: to make healthcare affordable, understandable, high quality and member-focused.

Wellness and work-life balance
We’ll empower you with the necessary skills and tools to support your personal wellbeing journey, ensuring you perform at your best. Our offerings include:

• Flexible working arrangements
• 50% subsidy on HCF hospital and/or extras cover
• Family-friendly certified employer
• 18 weeks of parental leave for all new parents
• Mental health and wellbeing programs, including workshops, fitness classes, flu vaccinations, skin checks and more
• Discounts on HCF’s products, including life, pet and travel Insurance, as well as discounts at Fitness First gyms and on our eyecare products.

Collaboration and inclusivity
We embrace diversity as our strength and are committed to maintaining an inclusive and collaborative work environment. Our workplace is welcoming and safe for all our employees, irrespective of their unique characteristics including age, ethnicity, cultural or spiritual background, gender identity, disability, education and socio-economic status.

Continuous learning and growth
We believe in lifelong learning. HCF provides opportunities for personal and professional development. From workshops to mentorship programs, we encourage your growth and curiosity.

Next steps

If you require any adjustments to assist you in making your application or during the recruitment or onboarding process, please reach out to Talent Acquisition – [email protected] to discuss or call 02 9290 0464.

We encourage applicants to submit their applications at their earliest convenience, as at HCF, we review applications as they are submitted, and may have filled the role prior to the job closing date.

Please be aware of recruitment scams, phishing, and impersonation attempts. HCF will never request payment or sensitive financial information at any stage of the recruitment process. If you receive suspicious communications claiming to be from HCF, please verify them through our Careers page or contact us directly.