As Senior Actuarial Manager you will be responsible in managing the execution of actuarial tasks, processes and projects for HCF’s Private Health Insurance and Diversified Business portfolio. This role requires complying with corporate requirements in terms of timeliness and accuracy of reporting and involves financial modelling, budgets and premium applications, product development, business initiatives and monitoring. This role is accountable for leading and mentoring Actuaries and Actuarial Analysts and critical to building and maintaining effective internal and external relationships with key stakeholders.
Senior Actuarial Manager (12-Month Contract)
Join Australia’s largest not-for-profit health fund and make an impact where it matters most - delivering better health outcomes for our members.
The Opportunity
We’re seeking an experienced and motivated Senior Actuarial Manager to lead the day-to-day actuarial activities for HCF’s Diversified Business portfolio. This role primarily focuses on HCF Life, with potential exposure to Overseas Visitors Health Cover (OVHC) and white-labelled general insurance products.
You’ll lead a talented team of four actuaries/analysts and play a key role in shaping product, pricing, and strategic decisions across the portfolio. This is a high-impact role offering exposure to senior stakeholders, including participation in Product and Pricing Committees (PPC) and collaboration with external Appointed Actuaries.
What You’ll Do
About You
FIAA qualification (or equivalent) with 5–10 years’ experience in actuarial or related business roles.
Strong background in life insurance (valuations, pricing, and financial reporting).
Working knowledge or keen interest in the Australian health insurance industry.
Proven leadership and people management skills.
Excellent communication and stakeholder management abilities.
Advanced Excel modelling skills; experience with SAS, R, or Python is an advantage.
Strategic mindset with the ability to translate complex data into actionable insights.
Why HCF?
At HCF, we’re not-for-profit, meaning we put people before profit. You’ll be part of a purpose-driven organisation committed to improving the health of our members and communities.
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 ourStrategy. 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:
50% subsidy on HCF hospital and/or extras cover
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.
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.
