Natural Perils Pricing Analyst

16 hours ago


Melbourne, Victoria, Australia Suncorp Group Full time
About the Role

Suncorp Group is seeking a skilled Natural Perils Pricing Analyst to develop and implement natural peril address pricing models and infrastructure monitoring processes.

Key Responsibilities
  • Design and implement individual address and catastrophe natural peril pricing models, including cyclone, bushfire, earthquake, flood, hail, storm, demand surge, and underinsurance.
  • Utilize data science, environmental scientific research, insurance claim experience, and external expertise to develop natural peril models.
  • Track the effectiveness of price changes and understand their impacts on new business, renewal, lapse, cancellation rates, concentration risk, and reinsurance.
  • Engage with multiple business functions to share pricing knowledge and provide information on natural peril risk and claims experience.
  • Prepare portfolio business case impact analysis and recommendations for key stakeholders.
Requirements
  • Desirable academic backgrounds include actuarial studies, data science, climate science, and other analytics backgrounds.
  • Strong academic track record and analytical skills.
  • Basic exposure to programming languages such as SAS, Python, R, Excel, and relational databases.
  • Strong verbal and written communication skills and motivation to build positive working relationships.
  • Strong project and time management skills and ability to break complex problems down into simplified components.
About Suncorp Group

Suncorp Group's employee benefits are designed to support, empower, and reward our people. Some of our benefits include:

  • Employee discounts and rewards on various products and services.
  • Study support for eligible employees to continue learning and broadening their career opportunities.
  • Parental leave for primary carers.
  • Wellness initiatives to promote employees' health and financial wellbeing.
Why Work with Us

Suncorp Group's purpose has been at the core of our business for over 100 years. We deliver exceptional experiences by being customer-obsessed, innovative, and performance-driven. We care for others, are courageous, and do the right thing in everything we do.


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