Senior Actuarial Analyst

Suncorp Group

Job Description

  • 12 month role
  • Translate technical advice to business value adding solution.
  • Sydney, Melbourne, Brisbane CBD location / hybrid work from home

The role of Senior Actuarial Analyst in the Model Activate & Analytics team within the Pricing & Analytics Department is to provide Pricing and Analytical service to Motor Insurance business. This position contributes to the Pricing & Analytics team's purpose of supporting the business to improve product profitability and the financial control of the insurance products. The team covers the pricing analytics work for both consumer and commercial line Insurance business. This vital role also involves supporting segmentation modelling and reporting, demand model data infrastructure upgrades, and ad hoc tasks such as data reconciliation and fraud investigation.

What You’ll Do

  • Work with Senior Actuarial Advisor to develop, recommend and implement pricing solution to achieve financial and non-financial business objectives
  • Apply the thorough understanding of the insurance data assets to extract and manipulate data for business analysis purpose
  • Use state-of-art internal Modelling Infrastructure to develop and enhance statistical and machine learning predictive models
  • Understand the end to end pricing ecosystems
  • Improve risk selection and apply the insights of customer and market to formulate the best pricing offering to meet the business objectives and customers’ needs.

What You’ll Bring

  • Bachelor’s Degree in Data Science, Actuarial, Statistics, Engineering, Mathematics, Econometrics and Computer Science etc is mandatory
  • Relevant Postgraduate Qualification desired
  • Membership of relevant professional body desired
  • Experience with general insurance Analytical or Pricing related field of work would be valued but isn’t mandatory
  • Demonstrated knowledge and experience within complex analytics and modelling projects
  • Experience with Earnix is highly preferred, but not essential.

Employee benefits | Suncorp Group

Suncorp Group is all about making a difference for people and in the communities, they call home. Few areas of our business are quite as foundational in making that difference as our Claims teams. They provide support and understanding for customers in some of their most challenging times, while finding outcomes that get their lives back on a healthier, happier path. That takes a special kind of person. Someone who can pick up the ins and outs of insurance processes – and deliver it to customers in a way that feels refreshingly simple. Someone who’s naturally empathetic and finds joy and pride in making a genuine difference – because you’ll be doing that from the moment you start work each day.

We believe we are at 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 ***email_hidden*** for a confidential conversation.