22 Aug
|
Suncorp Group
|
Melbourne
22 Aug
Suncorp Group
Melbourne
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
Job Description
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 strong 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
Robust 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 flexible 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 for a confidential conversation.
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📌 Senior Actuarial Analyst (Melbourne)
🏢 Suncorp Group
📍 Melbourne