Purpose of the role 

The role will contribute value to Youi by applying actuarial principles to support key business decisions, with a particular emphasis on reinsurance.

Key priorities 

• Prepare and review data for reinsurance renewals, catastrophe modelling and related requests.
• Improve automation, timeliness and accuracy across reinsurance placement and reporting processes.
• Ensure receipt of signed reinsurance contracts and prepare supporting management papers.
• Maintain counterparty grades, adhere to the Reinsurance Management Strategy and assist with collateralisation and commutations.
• Support drafting of regulatory reinsurance documentation (ReMS, Placement Strategy, ReAS, Reinsurance Declaration).
• Calculate and allocate reinsurance premiums, complete true-ups and process payments.
• Perform monthly reporting to reinsurers, process recoveries and prepare loss notifications.
• Provide actuarial support outside reinsurance (IFRS 17, stress testing, capital modelling, reporting, climate strategy, business modelling, expenses).
• Uphold risk-management practices, compliance requirements and the Actuarial Control Cycle.
• Promote safety, operational efficiency and company values in day-to-day work.

About you 
Experience & Knowledge:

• Bachelor’s degree in actuarial or related field, with progress toward actuarial qualification.
• Minimum 3 years’ actuarial experience in general insurance; reinsurance experience preferred.
• Strong analytical ability with excellent written and verbal communication skills.
• Knowledge of actuarial standards, professional development requirements and IFRS 17 (beneficial).
• Understanding of reinsurance, reserving, pricing and portfolio monitoring links.
• Strong Excel skills and proficiency in at least one programming language (SQL beneficial).
• High attention to detail, strong time management and ability to manage multiple priorities.
• Demonstrated integrity, accountability and adaptability in a fast-paced environment.
• Proactive approach to identifying risks and opportunities with an innovative mindset.
• Effective collaborator with a commitment to continuous professional development.

Ways of working 

Youi offers a hybrid model: in-office Tuesday to Thursday, remote Mondays and Fridays.

Sydney office:
Located in the heart of Sydney’s CBD, our office offers multiple commuting options, including bus, and trains.

Why Youi?

At Youi, we challenge the norm—in both insurance and hiring. With 3,000+ employees, we’re growing fast, driven by diversity, individuality, and a passion for awesome service. Our dynamic, honest, and human-focused team values every contribution. If you’re ready to make a difference, join us!

• Work-Life Balance – 22 days of leave (including your birthday), paid volunteer day, and onsite wellness services.
• Financial Perks – 15% insurance discount, retail deals, free footy tickets, and  financial wellbeing & health insurance consults.
• Growth & Recognition – Career progression, paid study leave, and an award-winning reward & recognition program.

As a Circle Back Initiative member, we commit to respond to every application.

* Our Internal Talent Acquisition team handles all hiring, and we don’t accept unsolicited resumes sent to hiring managers. *