Prudential Capital Specialist

Prudential Capital Specialist Lead capital calculations, planning and regulatory reporting across Australia and New Zealand, partnering with Finance, Risk and Actuarial to strengthen capital management. About Redion Redion is a global care, assistance, and travel insurance provider, helping people stay protected and supported wherever life takes them. In Australia, Redion partners with businesses and travellers to deliver travel insurance, emergency assistance, and care services, providing support before, during, and after every journey. Backed by a global network spanning more than 190 countries, Redion combines local expertise with worldwide reach to be there when it matters most. Guided by our values of Caring, Collaborative, Agile, Reliable, and Experts, we're committed to delivering exceptional experiences for our customers, partners, and people. About the role As the Prudential Capital Specialist, you will play a key role in overseeing and managing capital calculations, planning, and regulatory reporting across Australia and New Zealand. You will be responsible for the calculation of the Prescribed Capital Requirement (PCR), while supporting the development of the Capital Plan and Internal Capital Adequacy Assessment Process (ICAAP) to ensure compliance with prudential regulatory requirements. Working in a dual-country environment, you will partner closely with Finance, Risk, Actuarial, and Group stakeholders to provide capital insights, support strategic decision-making, and strengthen capital management frameworks. This is an excellent opportunity for a technically strong and analytically minded professional who enjoys working across complex regulatory requirements within a global organisation. What the role looks like · Lead the calculation, review, and reporting of capital requirements across Australia and New Zealand, ensuring compliance with APRA, RBNZ, and internal governance standards. · Prepare capital analysis, insights, and reporting for senior leadership, supporting informed business and strategic decision-making. · Own key capital planning activities, including ICAAP, stress testing, forecasting, and scenario modelling. · Partner closely with Finance, Risk, Actuarial, and Group teams to align on capital methodologies, assumptions, and reporting requirements. · Analyse capital trends, drivers, and sensitivities, providing recommendations to optimise capital outcomes. · Support regulatory engagement and submissions, working with APRA, RBNZ, and internal stakeholders as required. · Contribute to finance transformation initiatives, system enhancements, and the strengthening of controls and processes related to capital reporting. What you’ll bring · Degree qualified in Accounting, Finance, or a related discipline, with CA, CPA, or equivalent professional qualifications. · Strong understanding of insurance financial frameworks, including APRA standards and IFRS 17. · Experience in technical accounting, finance systems, transformation, or change initiatives within a complex environment. · Strong analytical and problem-solving skills, with the ability to interpret financial, regulatory, and operational requirements. · Proven ability to build relationships and collaborate effectively with stakeholders across Finance, Operations, IT, Risk, and external partners. · Excellent communication skills, with the ability to translate technical concepts into practical business outcomes. · A proactive, detail-oriented, and continuous improvement mindset, with a passion for enhancing processes, controls, and systems. Why join us At Redion, we're more than a travel insurance and assistance provider. We're a global care business that helps people navigate life's unexpected moments with confidence and peace of mind. Every day, our people make a real difference by supporting customers when they need it most. What You'll Get · State of the art offices · Competitive salary package and annual bonus opportunities · Flexible Public Holiday Exchange: Trade selected public holidays for alternative dates that better suit your personal, cultural, or family commitments · 50/50 hybrid working, giving you the flexibility to work from both home and office · 20 weeks paid parental leave for primary carers, 2 weeks paid for secondary carers · An active Social Club with regular team events and activities · Ongoing opportunities for career development and professional growth · A supportive, collaborative culture where your contributions are recognised and valued Department Finance Role Prudential Capital Analyst Locations Sydney Office Remote status Hybrid Employment type Full-time About Redion ANZ We are a dedicated team of more than 200 employees located across Australia and New Zealand, with our headquarters in Sydney and operations hub in Brisbane. Supported by a fully in-house assistance operation, Australian-based nurses and doctors available 24/7, and a global network of more than 400 medical professionals, Redion provides critical medical, travel, and emergency assistance services to travellers around the world. We have two direct to market travel insurance products, Tick Insurance and Insure&Go. Both brands are well-established direct consumer brands with more than 10 years presence in the market