Challenger Limited is an ASX-listed investment management firm managing $123.9 billion in assets (as at 30 June 2025). Life with us is fast moving and always exciting. Together we’re driving to deliver our vision to provide our customers with financial security for a better retirement.
We achieve this goal by providing a work environment where people from diverse backgrounds, with a range of skills and experiences can contribute and succeed.
Senior Pricing Actuary
Sydney CBD
Hybrid – 3 days in office, 2 days WFH
Challenger is seeking a Senior Pricing Actuary for a 12-month opportunity. You’ll bring proven experience in pricing or capital roles, with exposure to longevity risk seen as a strong advantage.
Opportunity and Responsibilities
This is a unique opportunity to join Challenger’s Reinsurance Pricing team, responsible for setting market pricing and modelling risk across life (re)insurance opportunities.
Based in our Sydney head office, you’ll gain exposure to a diverse range of products, markets, and internal functions — contributing directly to Challenger’s longevity strategy. You’ll lead and manage end-to-end pricing processes — from technical calculations to stakeholder engagement — ensuring outcomes align with strategic and commercial goals.
Working as part of a close-knit and collaborative team, you will:
- Manage and conduct actuarial pricing to meet commercial objectives.
- Manage products, tenders, client requests, and development projects.
- Analyse industry trends and historical experience to inform pricing assumptions.
- Build and refine quantitative models to assess capital requirements and returns across multiple regulatory environments.
- Prepare and present pricing results, taking ownership of analysis and insights.
- Develop and enhance complex pricing models to improve accuracy and efficiency.
- Support client communication and approval processes, engaging effectively with internal and external stakeholders.
Team & Culture
You’ll be part of a close-knit team of four actuarial pricing professionals, reporting to the Head of Reinsurance Pricing. The team is collaborative, supportive, and values independence, technical excellence, and a proactive approach.
Working at the intersection of technical analysis, model development, and stakeholder engagement, the team plays a key role in shaping Challenger’s reinsurance strategy. We’re looking for someone who is self-motivated, commercially minded, and able to combine actuarial rigour with practical business insight.
About You
We’re seeking a qualified actuary with strong technical expertise and commercial acumen, capable of managing complex projects in a collaborative, fast-paced environment.
Previous pricing or capital experience is required, and experience or understanding of longevity risk will be viewed favourably.
- Qualified Actuary (FIAA qualification or international equivalent).
- Strong actuarial problem-solving and analytical skills.
- Experience in capital modelling, testing, and communicating different return metrics.
- Proficiency in Excel; familiarity with Prophet, Moses, or Access advantageous.
Why Challenger?
At Challenger, you’ll be part of a leading organisation at the forefront of retirement income innovation. Hybrid work arrangements, flexibility, and a strong focus on professional growth are all part of our culture.
#LI-GW1
#LI-Challenger
#LI-Hybrid
Challenger's employee value proposition guides how we work: Grow and realise your potential, supporting each other, stronger together and making things happen. Our culture encourages curiosity, considered thinking and meaningful contribution, with opportunities to build a broad and rewarding career.
We are committed to fostering a safe, inclusive and respectful workplace where people of all backgrounds, identities and ways of thinking can thrive, and promoting flexible working to support work-life balance.
Challenger is proud to be a Workplace Gender Equality Agency (WGEA) Employer of Choice for Gender Equality, a Family Friendly Workplace and recognised as a Bronze Employer in the Australian Workplace Equality Index (AWEI), the national benchmark for LGBTQ+ workplace inclusion.
Job type:
Max Term (Fixed Term)Posting Close Date :
28/11/2025Top Skills
What We Do
Challenger Life is Australia’s largest provider of annuities and provides regular income to thousands of customers. We’re a multi-award-winning Life Company and have $23 billion in assets under management (as at 30 June 2023).
Challenger is focused on providing customers with financial security for retirement. We do this by offering investment strategies that exhibit consistently superior performance, and by helping customers in retirement with safe and reliable income streams.
As Australia’s largest annuity provider, we provide regular income payments to thousands of Australian retirees. Our lifetime annuities protect retirees from the risk of running out of money late in life.
The regular retirement incomes we pay are backed by a high-quality investment portfolio, including fixed income and commercial property investments. These investments generate regular and predictable investment income, which we use to fund retirement incomes paid to our customers.
For our social media disclaimer statement, visit:
http://www.challenger.com.au/Disclaimer
