Senior Pricing Analyst - Port Melbourne, Australia - Vero Insurance

    Vero Insurance
    Vero Insurance Port Melbourne, Australia

    2 weeks ago

    Vero Insurance background
    Permanent Full time
    Description
    Jobs - Job Details - Senior Pricing Analyst

    Careers at Suncorp

    Take the next step. Be part of something bigger at Suncorp.

    Senior Pricing Analyst

    Job No: 671158

    Sydney - Inner Suburbs & CBD, Brisbane - Inner Suburbs & CBD, Melbourne - Inner Suburbs & CBD

    Permanent Full Time

    Analyst, Insurance

    Pay Band 4

  • Permanent opportunity
  • Promote innovation through continuous improvement of current structures, methodologies and processes
  • Assist with implementation of price changes including testing
  • Sydney, Melbourne or Brisbane CBD location/ hybrid wfh
  • Suncorp's commitment to our people has spurred a culture where leaders are empowered to make decisions and people are able to succeed in a supportive environment that rewards ambition. Do you want to be part of the success story?

    We are looking for a Senior Pricing Analysts to support pricing of our commercial insurance products in the corporate short tail and corporate long tail teams. This would encompass analysis of internal and external data to provide pricing insights; working in a dynamic environment across the pricing family; delivering recommendations to varied stakeholders; remove blockages to performance; escalate issues; and look for ways to improve and simplify processes. The role will work to deliver the Commercial insurance strategy and will execute a program of work focussed on delivering against a dynamic and optimal P&L in the short, medium & long term using hands-on pricing analysis and modelling.

    What you'll do (not limited to):

  • Develop pricing monitoring dashboards and monitor key performance metrics
  • Collaborate with internal teams to align data processes, and develop and maintain data pipelines for risk modelling work
  • Deliver insights and end-to-end pricing by working with the rest of the Pricing team as well as Portfolio, Actuarial, Finance, and Claims. This includes both full rate reviews and book level premium adequacy reviews.
  • Develop pricing recommendations and proposals designed to closely align pricing strategy to budget and implement timely price changes accurately within the business/function
  • Provide technical support on model methodologies and their implementation.
  • What you will bring:

  • 2-3 years analytical experience within the insurance industry with a preference for Pricing, other Actuarial or Portfolio Management
  • Proven ability to engage in a team to achieve individual, team and divisional goals
  • Automation-focussed to improve efficiency
  • Experience with using R, SQL and Excel
  • Strong knowledge of commercial insurance products, as well as the market and regulatory environments in which they operate.
  • Strong communication skills
  • Ability to read, understand and analyse insurance policy wordings.
  • 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.

    Chase the sun, apply online today. For further information contact

    Advertised: 03 May 2024 AUS Eastern Standard Time
    Applications close: 17 May 2024 AUS Eastern Standard Time

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  • Multiple locations
  • 17 May 2024
  • Utilise your Insurance Analytics experience and join our friendly team

  • Multiple locations
  • 17 May 2024
  • Utilise your Insurance Analytics experience and join our friendly team