Natural Perils Pricing Analyst

Suncorp Group have an exciting role for a Natural Perils Pricing Analyst to join our team on a 12-month contract. This role is open to applicants based in Sydney, Melbourne or Brisbane. The purpose of this Natural Perils Pricing Analyst role is to develop and implement natural peril address pricing models and implement infrastructure and monitoring processes to assess the effectiveness of these models.What you'll do:

• Build, blend and implement individual address and catastrophe natural peril pricing models such as cyclone, bushfire, earthquake, flood, hail, storm, demand surge & underinsurance.
• Use a combination of data science, environmental scientific research, insurance claim experience and external expertise to develop above natural peril models.
• Formally track the effectiveness of price changes performed.
• Understand impacts of pricing changes such as; premium change impacts on new business, renewal, lapse, cancellation rates, concentration risk, and reinsurance.
• Respond to and engage with multiple functions of the business to share pricing knowledge and provide information around natural peril risk and claims experience.
• Understand, formulate and prepare portfolio business case impact analysis and recommendations for key business stakeholders.

What you'll bring:

• Desirable academic backgrounds include actuarial studies, data science, climate science and other analytics backgrounds.
• Strong academic track record
• Strong analytical skills
• Basic exposure to programming such as SAS, Python, R, Excel and relational databases
• Strong verbal and written communication skills
• Motivation to build positive and constructive working relationships with key stakeholders
• Strong project and time management
• Ability to break complex problems down into simplified components

What we can offer youSuncorp's employee benefits are designed to support, empower and reward our people. Some of our benefits include:

• Employee discounts and rewards - exclusive offers on more than 400 of Australia's large retailers including Myer, David Jones, Coles and Woolworths. We also offer discounts across our brands and various products including Suncorp Bank, Suncorp Insurance, AAMI, Shannons, Apia and GIO.
• Study support - We encourage external learning and offer study support to eligible employees, so you can continue to broaden your career opportunities while you work.
• Parental Leave - All permanent employees who are primary carers are offered 20 weeks parental leave.
• Wellness - We offer a wide range of initiatives to promote our employees' health and financial wellbeing. This includes discounts on major brand health insurance, as well as discounted gym membership plans for our people.

It's worth noting that specific benefits may vary depending on the role, level, and location of the employee. For more on our employee benefits,Why you'll love working with usAt Suncorp, our purpose has been at the core of our business for over 100 years. To deliver exceptional experiences we've had to become even more customer obsessed, innovative and performance driven than ever before.Delivering on our purpose has always meant putting words into action. Building futures and protecting what matters is why we're here. Caring for others, being courageous and doing the right thing underpins everything we do.Chase the sun, apply online todayAt Suncorp, we are committed to building futures and protecting what matters. We value the unique experiences, insights and diverse workforce that benefits our people, our business, and our customers. We'd love to see your application and speak with you even if you do not match the above mentioned.