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CommInsure Graduate and Summer Intern Programs

CommInsure Program overview

We provide financial solutions for life insurance and general insurance, as well as investments to help Australians protect their lifestyles. We are one of the largest life insurers in the country, with one of the largest actuarial practices, and we’re focused on responsible investing.

Summer intern program - 10 weeks

Our Summer Intern Program

This 10 week program gives you exposure across our business. You’ll receive training, networking opportunities, be supported by a buddy and have the chance to contribute meaningfully to our business.

2 years

Our Graduate Program

This two-year, structured Program includes rotations through several core areas - including Capital and Solvency, Calculations and Analysis, Insurance Pricing and Product Development. You’ll also be involved with project-based work, including strategy, spreadsheet analysis to uncover insights about our claims experience, business valuation, and providing advice to the business on product developments and initiatives.

There are several key roles that you could move into at the end of the Program: 

  • Finance Actuaries: responsible for the valuation and reporting of the insurance company’s financial results, calculation and communication of capital requirements and solvency and the management of the insurance risk of the business.  In particular, the Appointed Actuary is a key member of the finance team
  • Product Actuaries: responsible for the pricing and development of new and existing products, as well as for investigations into the experience of our products.
Qualities

What qualities do we look for?

You have a ‘can do’ attitude and the ability to learn quickly. Driven to succeed, you’ll need strong numerical ability, as well as good interpersonal and communication skills.

Degree types

What degree types do we look for?

A degree in Actuarial Studies is recommended but not essential.

Degree map

Where else could you fit?

Your degree could lead you in several different directions. Check out our degree map to explore some of these directions, and find out which is right for you. 

Learn more
Benefits

Benefits

As well as fine tuning your knowledge and understating of CommInsure, you’ll also have the opportunity to:

  • Be part of an inspirational team: Work alongside some of the industry’s finest and most talented professionals
  • Enjoy your time: Be part of a strong and cooperative culture
  • Receive training and development: This includes full study support for your actuarial studies (FIAA accreditation) and other technical and soft-skill training. You’ll also be supported by a mentor and buddy
  • Enjoy room to move: Receive opportunities to work in different roles, and potentially work in the Asia Pacific region
  • Work in a stable role with future potential: When you choose CommInsure, you’re choosing to work within Australia’s largest bank.

Awards and recognition

Top Graduate Employers

2014 Australian Association of Graduate Employers: Top Graduate Employer in the Commercial and Retail Banking Sector

We’re proud to have been named Top Graduate Employer in the Commercial and Retail Banking Sector by Australian Association of Graduate Employers (A.A.G.E) for five consecutive years (2010 - 2014).

Universum: Ideal Employer

2014 Universum: Top 5 Ideal Employer

We were ranked in the Top 5 Ideal Employers for management and commerce students by Universum in 2014.

CommInsure won the Platinum Award for Life Insurance Company of the Year at the Association of Financial Advisers / Plan For Life 2013 Awards. In addition, CommInsure was recognised as number one in the investment growth bond market by winning the Investment Growth Bond of the Year award. CommInsure was also a finalist in three other categories of Overall Annuity Provider of the Year, Long Term Income Stream Award and Trauma Award.

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