Reserving Actuary

AsaproudKiwi-ownedinsurer,we take pride in challengingthe status quo – and move fast to make things happen.We'rehere to create beautifully simple, rewarding experiences for our customers and communities, andwe'reworking hard to protect the future of Aotearoa.

At its heart, insurance is about helping people through the unexpected.

Doing what's right for our customers – especially in tough times – gives real purpose to our work.

This role is all about leading with insight.

You'llbe a key strategic partner in shaping Tower's financial strength and operational performance across New Zealand and the Pacific.

You'llbring your actuarialexpertiseto the table, delivering robust reserving insights, analysing claims trends, and supporting capital optimisation – all while ensuring we meet regulatory standards.

But thisisn'tjust about crunchingnumbers.

It'sabout combining technicalknow-howwith commercial acumen to influence decisions that drive profitability, resilience, and sustainable growth.

You'llalso be part of our AI transformation journey, using emerging technologies to enhance reserving methodologies and support smarter, faster decision-making.

Your day-to-day would look like

Leading the delivery of actuarial reserving insights and deep claims trend analysis

Supporting capital modelling and optimisation

Ensuring compliance with regulatory reporting standards

Collaborating across finance, claims, reinsurance, and pricing teams

Leveraging AI and machine learning to improve reserving efficiency and accuracy

In your first 6–12 months, success will look like

Maintaining and developing valuation models

Estimating insurance liabilities and solvency positions for monthly reporting

Delivering comprehensive liability valuations for financial and regulatory reporting

Providing actionable insights to the wider business

Embedding AI tools into reserving processes

To thrive in this role,you'll need

Nearly or newly qualified actuary (NZSA member)

A tertiary qualification in Actuar Science, Mathematics, Statistics, or similar

General Insurance experience, with a focus on reserving or capital management

Strong skills in Excel, SQL, R or Python

A sharp analytical mind and a knack for solving complex problems

Excellent communication skills – you can explain the technical in a way that makes sense

Confidence working with diverse stakeholders and cross-functional teams

We invest in you.

We'reserious about looking after our people.

Along with a competitive salary, we offer a bunch of perks and benefits to support you and celebrate the work you do :

26 weeks of paid parental leave for the primary carer and 4 weeks for partners

A paid day off on your birthday, plus two extra annual leave days and the option to buy up to eight more

Wellness leave – no need to justify your mental health day

Career growth and internal progression opportunities

Flexible working and a beautiful, modern office in Auckland

Discounts on Tower insurance products

Free life insurance (up to 4x your base salary)

Retail discounts with top brands

Ready to apply?

If this sounds like your kind of role,we'd love to hear from you.

We're looking for someone who's excited to help shape a new era of insurance – someone who's ready to make a real impact.

If that's you, send us your CV and a cover letter that shows us what you're all about.

We're reviewing applications as they come in – so don't wait too long.

Apply now and let's chat.

This advertisement has been distributed by the New Zealand Society of Actuaries to its members who are reminded that neither the NZSA nor the officers of the Society can accept any liability in relation to the appointment that may be made as a result of this notification.

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