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Melbourne

    Senior Actuarial Analyst - Melbourne, Australia - Suncorp Group

    Suncorp Group background
    Permanent Full time
    Description

    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 the 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.

    What you'll do (not limited to):

  • Work with Senior Actuarial Advisors and Pricing Analytics Manager to develop, recommend and implement optimised pricing solution to achieve financial and non-financial business objectives
  • Share technical and business knowledge to Actuarial analyst and rest of pricing team when required
  • Work in groups, short and long-term projects or BAU
  • 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. 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
  • 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 will bring:

  • Experience with general insurance Analytical or Pricing related field of work for 2 years, desired but not mandatory
  • Experience within general insurance - pricing modelling is desirable
  • Demonstrated knowledge and experience within complex analytics and modelling project
  • Effective communication, stakeholder engagement and interpersonal skills
  • Results oriented, self-motivated with the ability to work in a fast-paced project environment.
  • Experience working within an analytical role and/or using SAS, R, Python, SQL
  • What's in it for you:

  • Competitive salary package
  • Discounts of up to 25% on our various Insurance, Banking & Superannuation products
  • Flexible working environment and arrangements; genuine focus on work-life balance
  • Numerous discounts with our corporate partners (retail & shopping / travel & holiday / health & wellbeing)
  • We offer support and various programs for our people: (Employee Assistance Program (EAP), Health & Wellbeing, Study Support, Employee Referral Program, Facilities for nursing mothers, Company share options, Social club, Years of Service Recognition).
  • What you will love about working with us:

    Better outcomes for customers takes innovation, care and a laser focus. As part of the Suncorp Group, we're the go-getters working at the heart of some of Australia and New Zealand's most trusted names in banking and insurance to deliver just that – and then some. Here, you'll be equipped with all kinds of support and opportunities to make an impact, because our commitment to brightening lives extends to all our incredible people too. And in an organisation that measures success through the results we deliver for our customers, communities and each other, you'll thrive knowing you're making a genuine difference along the way. Suncorp has been awarded Employer of Choice for Gender Equality (EOCGE) by the Workplace Gender Equality Agency (WGEA) for seven years in a row.


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