Pricing Actuary

Pricing Actuary

**Let's talk about who we are**

The nib Group has a mission and vision of people enjoying better health. Through our success, we aspire to more prosperous and sustainable communities, not only the creation of enterprise value. nib is a trusted health partner, helping members and travellers make more informed healthcare decisions, transact with healthcare systems and generally live healthier lives.

We're looking for people who share this passion and want to be a part of a team that has the appetite and ambition to be extraordinary. Extraordinary comes in different perspectives and experiences. We're committed to an environment where everyone has the autonomy and freedom to be their authentic selves, every day.

**Let's talk about diversity, equity and inclusion**

**Let's talk about this role**

This is a rare opportunity to work in a dynamic and fast paced team which will see you working across two main actuarial functions being reserving and pricing. You will have the opportunity to be involved in decision making and really make an impact to the business.

As the Pricing Actuary, you will support the Pricing Manager to provide expert actuarial advice across the nib Travel division. This includes insurance pricing, forecasting, liability valuation and ad hoc analysis which are all integral parts of nib Travel's financial management.

Duties will include:

- Lead pricing reviews for nib Travel brands
- Develop and maintain technical pricing and demand models
- Monitor competitive positioning across brands and markets
- Innovate with the development of market-leading predictive analytics and machine learning to support better customer and business outcomes across product design and pricing
- Support provision of financial forecasts and budgets for nib Travel

**Let's talk about you**

Ideally, you will hold tertiary qualifications in Actuarial studies and be nearly qualified or qualified with the Fellowship qualification of the IAA or equivalent actuarial body.

Furthermore, we're looking for:

- Advanced analytical and problem-solving abilities
- Excellent communication and interpersonal skills
- Strong understanding of actuarial concepts
- Experience with statistical modelling (GLMs/GBMs) and programming tools such as R, Python, SQL or other relevant analytical tools
- Experience delegating and mentoring junior team members
- Passion for enabling timely decision making based on data driven insights
- Experience with rating engines such as Earnix is highly desirable

**Let's talk about working at nib**

Our hybrid working model provides our employees with the flexibility to work from one of our office Hubs and from home based on what works best for them and their team. We make a commitment to come together with purpose and are excited to share moments that matter with one another. Our Hubs are purpose built to support focused work, connection, and collaboration with peers. We provide a new starter benefit as well as ongoing financial support to set up and maintain a functioning home workspace. At nib, we're committed to creating a flexible working environment where you're free to be you.

Other benefits to support you at work (and play) include:

- Generous discounts on nib health and travel insurance products including 50% discount on employee health insurance
- The opportunity to give back to the community through paid leave for volunteering through nib Foundation
- Support your better health - whatever that looks for you - through our nib Well Program and corporate fitness discounts
- Access to our employee share plans, short-term incentive program and life and salary continuance insurance benefits
- Benefits to support our diverse workforce with 18 weeks paid parental leave for all new parents regardless of carer status, 5 days paid cultural leave for First Nations peoples and 4 weeks paid gender affirmation leave for trans, gender diverse and intersex employees

**The fine print**

All your information will be kept confidential according to EEO guidelines. Successful applicants will be required to complete a background check (including criminal history and bankruptcy check) prior to commencement of employment.

We acknowledge Aboriginal and Torres Strait Islander peoples as the Traditional Custodians of the lands where we live, learn and work.

Job ID JR103132