Pricing Analyst

Pricing Analyst / Specialist

(

Job Number:

2300019C

)

Description

About the role

We have a great permanent full-time opportunity for a Pricing Analyst/ Specialist to join us in our Insurance Pricing team.

The primary purpose of this important role is to support and improve customer remediation process around insurance premiums, as well as to develop, influence, and execute on pricing strategies and decisions across RACQ and partner portfolios to deliver profitability, growth, and sustainability.

Key Responsibilities

In the area of customer remediation:

• Collect and analyse information about policies and premiums charged and calculate the refunds.
• Establish new or improve current processes addressing customer remediation.
• Support the business in rootcause analysis and risk mitigation.

In the area of insurance pricing:

• Gather, structure, and analyse internal and external data using a broad range of descriptive, diagnostic, predictive and prescriptive analytics technologies.
• Develop and understand predictive statistical models such as technical cost, premium emulation, competitor price, retention, and quote conversion models.
• Use specialist knowledge to enhance modelling, analysis, monitoring and/or reporting components of the pricing process.
• Collate predictive model outcomes and actual data to perform pricing analyses that have a complete view of cost, RACQ price, competitive position, and demand.
• Contribute to profitable growth of the portfolios by pricing risks accurately and ensuring antiselection is avoided.
• Generate clear and concise documentation for repeatable processes.

About You

• Degree or postgraduate qualification in math, actuarial science, business, or related discipline.
• Relevant experience, ideally within General insurance industry.
• Advanced analytical modelling skills in relevant languages (SAS,
• SQL, R, Python).
• Highly developed experience and expertise in the design, development, testing, deployment, and implementation of descriptive, diagnostic, predictive and prescriptive analytic solutions using a broad range of technologies.
• Able to report and able to explain the results of complex analysis to wide range of stakeholders.

Why join RACQ?

It is an exciting time to be part of RACQ as we continue our transformation towards better, smarter solutions that deliver more security and prosperity for Queenslanders.

We are big enough to make a real difference in our community, yet small enough to nurture your professional and personal development.

Introduction to home solar and batteries, Green Home and Car Loans, and many other products and initiatives. We'll continue to advocate for, research, and offer green solutions.

At RACQ we are passionate about building a diverse and inclusive workplace to create better outcomes for our employees and our members.

We aim for our teams to be a true reflection of our communities and are committed to inclusion particularly people of Aboriginal and Torres Strait Islander heritage, and those who may experience diversity or disability related barriers in securing employment.

Applicants from these and other diverse backgrounds are encouraged to apply. If you have any support or access requirement, please advise us at the time of applying.

What we offer you:
Our employee benefits are designed to enrich your work life, your home and the community you live in, some of these include:

• Financial benefits and discounts on a range of banking, assistance and insurance products
• Give back to our communities with paid volunteer leave, payroll giving and volunteering for community events such as MotorFest and EKKA
• A range of flexible working and leave options, including 12 weeks paid parental leave, 2 weeks paid nonprimary caregiver leave and purchased leave up to 4 weeks per year
• Prioritise your wellbeing with our onsite and virtual health hub, discounts on health programs and access to wellbeing initiatives such as yoga
• Invest in your development with inhouse development programs and online courses.

RACQ is a 'Circle Back Initiative' employer - we commit to respond to every applicant.

LI-HYBRID

Work Locations
Eight Mile Plains 2649 Logan Road Eight Mile Plains 4113

---