Apply now Job no: 501723
Work type: 38 HOUR WK - NOT ROSTERED
Location: SYDNEY
Categories: Actuarial & Analytics, Reinsurance & Reserving
About the role We are excited to announce a newly created opportunity within our Reinsurance team at Youi, based in Pitt Street, Sydney. We are seeking a motivated professional currently at a specialist level who is ready to step into a manager role. This position offers a unique chance to advance your career in a supportive and dynamic environment.
In this pivotal role, you will facilitate and manage effective reinsurance arrangements that align with our strategic business objectives. Reporting directly to the Head of Reinsurance & Appointed Actuary, you will engage in face-to-face interactions with reinsurers while overseeing the detailed administration of contracts and agreements. This balance between client-facing responsibilities and meticulous contract management will be essential for your success and the success of our team.
As part of our small, collaborative team, you will connect with the broader Actuarial and Analytics department. Your participation in the Australian Actuarial Forum and attendance at bi-weekly meetings with our CEO and group CEO—both seasoned actuaries—will provide you with valuable insights and networking opportunities.
We encourage individuals who demonstrate entrepreneurial thinking, problem-solving skills, and a drive for career progression to consider this opportunity. If you're eager to embrace this challenge, shape our reinsurance strategies, and advance your career in an environment that values collaboration and innovation, we want to hear from you!
Join us and be part of a team where your contributions will be recognised and celebrated.
Ways of working We welcome applications from candidates based in Sydney or those considering a relocation to the area. Our hybrid working model requires in-office attendance from Tuesday to Thursday.
Key priorities Address strategic requests from brokers, reinsurers, and senior management, while coordinating communication and engagements to develop effective reinsurance placement strategies aligned with Youi's Product Disclosure Statements (PDS).Facilitate the drafting, review, and finalisation of reinsurance contracts, manage marketing materials for the renewal process, and coordinate travel itineraries for related trips.Oversee reinsurance treaty performance, including claims payments and backup coverage needs, while ensuring compliance with management strategies and maintaining counterparty grades.Draft regulatory documentation for committee approval, conduct ad-hoc treaty reviews, and stay informed on regulatory changes and market trends, ensuring compliance with reporting requirements.Collaborate with the Actuarial department to support the execution of the Actuarial Control Cycle, keeping leadership informed on key reinsurance matters.Foster relationships with finance and risk stakeholders, leveraging leadership skills to share knowledge and develop talent, while identifying improvements to enhance the efficiency of reinsurance processes.About you Experience in providing reinsurance services within the general insurance sector (5+ years is a general indicator).Understanding of reinsurance accounting and APRA regulations preferred.Strong analytical skills.Excellent written and verbal communication abilities.Demonstrates a high level of integrity and professional accountability.Adaptable to change in a fast-paced environment.Proactive in identifying risks and opportunities.Willingness to take on supervisory responsibilities.Strong attention to detail and ability to perform under pressure.Capable of working collaboratively within a team environment.How to apply We would love the opportunity to get to know you better, but we know it works both ways. Get to know a little more about us at youi.com.au and click "APPLY NOW" to take that next step.
Youi is a part of the Circle Back Initiative, and we commit to responding to every application via our Talent Management Software.
Our Internal Talent Acquisition team exclusively manages all hiring processes, and we do not accept unsolicited resumes directed to hiring managers. About Youi At Youi, we believe in challenging the status quo. We're not your typical insurance company - and that extends to how we sell insurance and hire our team. With over 2,300 employees, we have ambitious goals to keep growing and continue delivering awesome insurance solutions across new products and distribution channels.
We pride ourselves on our diversity and individuality, both among our employees and the customers we serve. We believe that it is the unique combination of skills, perspectives, and experiences of our people that truly sets us apart.
Our company values – being dynamic, human-focused, awesome service, honest, and passionate – guide everything we do. We recognise and value the contributions of each team member to our culture and success.
At Youi, we're unafraid to be different, and we're looking for people who share our values and want to be part of a team that is making a difference in the insurance industry.
Advertised: 24 Oct 2024 AUS Eastern Daylight Time
Applications close:
#J-18808-Ljbffr