Pricing Analyst Opportunity

2 days ago

Sydney, New South Wales, Australia IAG Full time

About This Role

As a Pricing Analyst, you will be part of a market leading team responsible for delivering peril pricing and reinsurance costs to the IAG business units across Australia and New Zealand.

The current team members have expertise in actuarial sciences, engineering, GIS and catastrophe modelling. Your technical background will build on this knowledge to deliver analytical insights to the Group as well as contribute to the engines pioneered by the team.

You will build close relationships with diverse professionals and work autonomously in a solution orientated and delivery focused manner.

About You –

  • You have a tertiary qualification in actuarial sciences, statistics, applied mathematics, engineering, econometrics or related disciplines.
  • You'll have a good understanding of data modelling techniques, statistical methods, tools/languages such as R, SAS, SQL, ArcGIS.
  • Hands on data management and analytics experience is preferable, ideally gained from general insurance or financial services sector.
  • You can work autonomously in a solution orientated and delivery focused manner.
  • Experience working within a multi-disciplinary fast-paced team.

Key Responsibilities

  • You'll develop, implement, and maintain analytical tools to provide insights on natural perils risk, pricing, profitability and affordability.
  • You will build analytical application designs and prototyping to test ideas and drive innovation on perils risk and climate risk solutions.
  • You'll conduct exploratory data analysis, methodological research and experiments to contribute to innovative analytics solutions.
  • You will maintain natural perils cost allocations and pricing processes, and managing internal stakeholders across the business.
  • Provide analytical support to the Pricing & Engineering team on perils including earthquake, flood, bushfire, cyclone, storm and hail.
  • You'll assist in the delivery of peril risk models for both reinsurance and risk-based pricing applications.

About Us

IAG is the largest general insurance group in Australia and New Zealand, underwriting over AUD13 billion of premium per annum. We're also a tech and research facility, a hub for climate change experts and a centre of resilience design.

We turn our purpose of making your world safer into action by helping, supporting ambitions and making insurance accessible. When you join IAG, you're not joining one brand. You're joining a large purpose-led, Trans-Tasman group dedicated to making your world a safer place.

About Working at IAG

  • Flexibility and support so you can live life to the fullest.
  • Work in a team who care about people and community.
  • Receive meaningful recognition through an award-winning system.
  • Access up to 50% off home, motor and small business insurance.
  • Grow through dynamic Trans-Tasman secondments.

Estimated Salary: AUD60,000 - AUD90,000 per annum, depending on location and experience.

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