AddressApply
- A unique end to end pricing role providing exposure to implementing pricing recommendations and proposals
- Advanced ML to build and maintain competitors and other pricing models
- Flexible working conditions as part of the Suncorp culture
The Senior Actuarial Analyst / Actuarial Analyst works in the Model Activate & Analytics team within the Pricing & Analytics Department to provide Pricing and Analytical service to Consumer 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 Consumer line Insurance business.
We also have Actuarial Analyst roles available and encourage graduates to apply.
We have both permanent and 12-month contract opportunities available.
Please note you must be an Australian Citizen, Permanent Resident or 485 Temporary Graduate visa holder to apply.
What you'll do
- Use state-of-art internal Modelling Infrastructure to develop and enhance statistical and machine learning predictive models. This can be Risk Models, Demand Models and Competitor Models. Identify, investigate and introduce new way of modelling with the objective of improving model accuracy for better prediction
- 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
- Undertake price comparison with competitor brands to align with company's brand strategy. Monitor competitors' pricing movement, market share and applied all relevant information into pricing recommendations and proposals
- Work with Senior Actuarial Advisors to develop, recommend and implement optimised 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
- Address and solve the specific analytical and modelling aspects of problems.
- Provide Pricing and Analytical advice to business customers
What you'll bring
- Bachelor's Degree in Data Science, Actuarial, Statistics, Engineering, Mathematics, Econometrics and Computer Science etc
- Experience in using SAS and R are essential
- Experience with general insurance Analytical or Pricing related field of work is desirable
- Experience is Earnix is desirable
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.
If this opportunity sounds like the challenge you have been looking for please apply online today.
At Suncorp we build inclusion by providing an environment where everyone can be themselves and feel valued, involved and respected for their perspectives and contribution
