- Build new pricing engine and shape pricing outcomes across niche motor insurance
- Grow your actuarial, modelling and optimisation skills
- Support better decisions through data-led insights
Use your actuarial skills to create pricing solutions that improve customer outcomes, support business performance and build your technical growth.
About the Role
Join the Model Activate and Analytics team within Pricing and Analytics, supporting pricing process design along with pricing outcomes across niche motor insurance product and portfolios as needed. You will use actuarial techniques, fundamental understanding of insurance lifecycle, modelling and business insight to recommend pricing solutions that meet customer and business expectations.
This role connects building new pricing engine, pricing analysis, optimisation, implementation and monitoring. You will work with product, portfolio and actuarial teams to improve profitability, process quality and decision making.
What You'll Do
- Support to build new pricing engine for niche motor insurance product
- Conduct pricing reviews using technical analysis, demand modelling, optimisation, implementation and monitoring
- Analyse portfolio trends, pricing performance and customer impacts to support informed business decisions
- Build clear recommendations that improve pricing outcomes, profitability and process quality
- Manage stakeholder requirements and provide timely updates on progress, risks and issues
- Prepare concise written analysis that explains findings, options and recommended actions
- Support a robust analytical team by sharing knowledge,
improving methods and exploring useful data tools
What You'll Bring
- At least 12 months of general insurance experience in pricing, actuarial, claims or portfolio management
- Practical knowledge of product, portfolio and insurance pricing concepts, ideally across motor or related products
- Experience using SAS, R, RShiny, Excel, relational databases or similar analytical tools
- Solid understanding of statistical modelling, machine learning, trend analysis and predictive analytics
- Familiarity with Python, SQL, Spark, Redshift, Databricks, Bitbucket or Earnix Optimisation would be valued
- Strong problem-solving, communication and stakeholder management skills, with the ability to meet deadlines
What You'll Enjoy Access our award-winning Shine platform – your central hub for exclusive perks, wellbeing support, career development, and recognition. Shine has been recognised for excellence in employee experience, making it easier than ever to access what matters most to you.
- Performance-based bonuses and Suncorp shares for eligible employees
- Hybrid working, flexible leave, 20 weeks paid parental leave, and up to 5 days paid flexible leave annually
- Paid study support, career breaks, on-the-job learning,
and a $1,000 referral bonus for eligible employees
- Free wellbeing coaching, a dedicated Employee Council, and confidential EAP access
- Discounts at 400+ retailers, insurance savings, gym memberships, and reduced super fees
- Paid volunteer leave, donation matching, and unlimited emergency response leave
- Diversity is celebrated through employee resource groups and inclusive policies for all families
Explore our full benefits At Suncorp we believe we are our best when our workforce is as diverse, talented and passionate as the communities in which we live and operate, and where our people feel included, valued and connected. We are passionate about inspiring our people by creating a diverse, accessible, and inclusive culture, offering adaptable work, career development and internal mobility, and building connected relationships amongst our team members and with our customers.
If you require any support and adjustments to participate equitably in our recruitment process or in the workplace, we encourage you to contact
[email protected] for a confidential conversation. To apply for this opportunity, please submit your application directly via the link provided.
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📌 Senior Actuarial Analyst (Melbourne)
🏢 Suncorp
📍 Melbourne