Actuarial Graduate Program

As an Actuarial graduate at TAL, we are committed to developing your leadership capability. We are seeking future leaders who want to use their passion and skills to make a difference to the lives of Australians. TALs Graduate Program gives you the opportunity to explore a broad range of opportunities, across several of our business lines. 

What we provide

• Two-year full-time program commencing February 2025
• The program consists of 3x six-month rotations across our Actuarial functions; Valuations, Capital, Finance, Individual Life Pricing and Group Pricing plus 1x 6-month rotation outside your selected discipline.
• Access to industry thought leaders, and support from dedicated sponsors, buddies, and career mentors.
• Ongoing professional learning and development programs
• Mentorship for actuarial exams, and study groups taught by senior actuaries.
• Networking with Senior Business Leaders, including our Chief Executive Officer
• Career development pathways tailored to your professional goals
• Work-life balance including flexible working from home arrangements.
• A work culture that respects opinions and fosters inclusion and diversity
• 1-week study tour to the Dai-Ichi Life Head Office in Japan.

What you will do

As an Actuarial graduate within TAL, you will be responsible for supporting and collaborating with the Actuarial teams on analytical tasks and commercial thinking to optimise outcomes for TAL and our customers.

Having exposure to Individual Risk Group Risk and Finance you could be working on the following:

• Assisting in the reporting, monitoring, and designing of insurance products
• Valuing and modelling the economic capital, liabilities, and assets on behalf of the organisation.
• Ensuring regulatory compliance with statutory requirements
• Advising the business of the commercial and risk implications, (actuarial risk)
• Contributing towards a culture of process improvement

Who we are looking for:

• Strong academic record (distinction average or above) in a mathematical, finance field ideally with a major in Actuarial studies
• Desire to work in the life insurance industry
• Effective verbal and written communication skills
• Well-rounded background with experience across community and / or extra-curricular activities
• Curious mindset, a willingness to learn how things work and a passion for making things better.
• Interest in roles that not only embrace analytical skills but are also commercial and customer focused.
• Leadership qualities developed through high school, university, work experience and / or extracurricular activities.
• Initiative and drive, together with the ability to work well both independently and in a team environment.

Who Can Apply

• Completion of an undergraduate or post-graduate degree in the last 2 years or by the end of 2024
• The program starts in February 2025. You must also be an Australian citizen and willing to undergo background checks as required.

Benefits:

• TAL is committed to providing actuaries educational support to enable them to excel in their role and up to 25 exam/study days a year.
• Company-paid income protection insurance, and life and total + permanent disability insurance.
• Discounted private health insurance plan with NIB.
• Wellbeing resources to support your physical, nutritional, mental, and financial health.
• Our offices have fitness facilities, a fully equipped gym, daily onsite classes in Boxing, HIIT, Yoga, Pilates, and Zumba.
• End-of-trip facilities including bike racks and showers, or employees are entitled to discounted memberships at nearby gyms.
• Discounts on everyday spending at over 350 popular Australian stores.
• Community Days - paid leave to give back to the community by volunteering, mentoring, or fundraising causes.
• Blended ways of working – a mix of working from home and in the office.