Principal Actuarial Analyst

Job description:

Principal Actuarial Analyst

• $168,512.00 per annum + 12% superannuation
• Full time, 12 month fixed term opportunity (parental leave)
• Wadawurrung / Geelong based role (hybrid work from home – 3 days a week in office)

About the opportunity

The Principal Actuarial Analyst, Actuarial Services will be responsible for providing analysis on claim performance trends to assist the Actuarial team of the Return to Work Victoria Business Unit (RTWV BU) in understanding and communicating key drivers of WorkSafe’s experience.

This position has specific responsibilities for the delivery of key actuarial data, the analysis of scheme trends and development of monitoring tools and actuarial models.

Key accountabilities

• Apply actuarial modelling and analytical skills to provide support to the broader actuarial team.
• Development of key statistical data and monitoring tools for analysis of Scheme trends.
• Conduct actuarial analysis as required, including preparing, manipulating, interpreting data and developing actuarial models under the direction of a senior actuarial consultant.
• Provide ad hoc support to the senior actuarial consultants.
• Provision of key statistical data for the scheme actuarial valuations.
• Prepare claims data for self-insurer exits and legislative or policy changes.
• Provide analytical support to the wider RTWV BU.
• Present complex analysis and insights in an easy to understand manner.
• Manage workload and deliver outcomes in accordance with timeframes specified.
• Develop and maintain knowledge of the relevant legislation, industry trends, business processes in WorkSafe.

Please ensure you review the Position Description here for additional information on accountabilities for this role.

About you

You will be an experienced analyst with excellent quantitative skills who is curious and inquisitive by nature. Known for your strong organisational skills and commitment to excellence, you consistently deliver accurate, high-quality insights and outcomes on time. You are an effective communicator who builds credible, trusted relationships and influences stakeholders at all levels.

Additionally, you possess the following skills and experience:

• Ability to problem solve, undertake effective research and analysis and produce accurate reports
• Ability to present insights statistically, visually, and in easy-to-understand language
• Ability to work both independently and as part of a collaborative team
• Experience in, and a strong knowledge of SAS/Excel preferred
• Experience and knowledge in the accident compensation industry and/or relevant actuarial experience desirable

Qualifications

• Tertiary qualifications in an appropriate discipline which may include postgraduate study at degree level in Actuarial Science, Mathematics, Statistics or other relevant field.
• Desirable for degree to satisfy the requirement of Part I of the Actuaries Institute actuarial education program.

Working with us

At WorkSafe, our goal is for every employee to feel connected, safe, and valued within their team, for teams to feel appreciated in the workplace, and for WorkSafe to be respected in the community.

We believe that a diverse workforce is essential for delivering the best outcomes for the Victorian community. We strongly encourage applications from all individuals, including First Nations people, people with disabilities, those from diverse cultural and linguistic backgrounds, and individuals of all sexualities and genders.  

What’s next?

Applications close 11:00pm Wednesday 29 July 2026. Click the link to apply, and join us in making a difference to Victorian lives.

Only applications submitted via the WorkSafe Careers website will be considered.

Preferred candidates will be required to satisfactorily complete a Nationally Coordinated Criminal History Check and/or other checks as required for the position as part of the recruitment process.

Eligibility for ongoing employment with WorkSafe Victoria requires Australian or New Zealand citizenship or permanent residency.

Due to the volume of applications received, individualised feedback will only be provided to candidates who progress to interview stage.

To ensure a fair and open recruitment process, we request that you complete your written application and any online interviews without the use of AI tools. We want to understand your professional skills, experience and capabilities. We acknowledge that candidates may choose to use AI as part of background research.

For further enquiries please contact Bianca Stojanovski via email bianca_stojanovski@worksafe.vic.gov.au