Pricing Specialist

**Pricing Specialist - Natural Perils**(**Job Number**:240001PP**)**

**Description**

**About the role**

Are you ready to take on a dynamic role where your expertise in Natural Perils Models can make a real impact? RACQ is seeking a Natural Perils Specialist to elevate our Natural Perils Pricing capabilities and contribute to the sustainability and profitability of our general insurance portfolios.

As a key member of our team, you’ll leverage your extensive knowledge of Natural Perils Models (for example, flood, bushfire, hail, cyclone, storm, earthquake) to refine Queensland and National pricing strategies. You will ensure that our pricing not only aligns with the market but optimizes our exposure to natural hazards and events, supporting both business growth and portfolio sustainability.

**Key Responsibilities**:

- Member-Centric Approach: Balance portfolio sustainability with the affordability pressures faced by our members, while ensuring that pricing aligns with climate change risk.
- Leadership in Expertise: Be the go-to expert for natural peril-related modelling and analysis, uplifting team capabilities and fostering innovation.
- Strategic Alignment: Develop and implement processes to integrate natural perils models into product pricing, aligning with broader insurance and reinsurance objectives.
- Financial Impact: Contribute to portfolio profitability by ensuring accurate pricing, monitoring and controlling risk concentration, and evaluating the effectiveness of pricing decisions.
- Data-Driven Decisions: Structure and analyse internal and external data to support decisions, utilising advanced analytics techniques to drive insights.
- Collaborative Teamwork: Work alongside internal and external stakeholders to refine processes and improve natural peril pricing strategies.

**About you**

You’ll be part of an organisation that values innovation, collaboration, and sustainability. We are committed to providing our members with the best insurance solutions while ensuring our portfolios remain robust and resilient to natural hazards.
- Education: A relevant university degree in Geoscience, Hydrology, Actuarial Science, Mathematics, Economics or a related discipline.
- Experience: 7-10 years of experience in natural peril pricing for general insurance, with a deep understanding of Australian hazards models.
- Skills: Expertise in advanced analytics, natural hazards cost modelling, as well as SQL, and other data processing tools. Strong decision-making, problem-solving, and communication skills.

**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.

By joining RACQ, you’ll be part of new sustainability initiatives, including a commitment to being a carbon neutral organisation by 2030. We’ve invested in and partnered with sustainable companies, including the introduction 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.
- A range of flexible working and leave options, parental leave of 13 weeks primary carer leave, purchased leave up to 4 weeks per year, cultural observance leave, substitution of public holidays for cultural/religious reasons, personal leave for wellbeing, gender affirmation leave.
- Prioritise your wellbeing with discounts on health programs and access to wellbeing initiatives such annual flu vaccinations, corporate health insurance offer and free and confidential Employee Assistance Program (EAP).
- Invest in your development with in-house development programs and access to an extensive digital learning platform.

**RACQ is a ‘Circle Back Initiative’ employer - we commit to respond to every applicant.**

**#LI-HYBRID**

**Work Locations**

Edward Street/Eight Mile Plains