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Senior Analyst, Pricing

2 weeks ago

Melbourne, Victoria, Australia IAG AUS Full time $90,000 - $120,000 per year
Create impact as a Senior Pricing Analyst.    For over 165 years, CGU has been insuring ambition. Part of Insurance Australia Group (known as IAG), we're a leading commercial, rural and personal lines insurer and a top-three provider of workers compensation insurance.    Your Role   Joining the CGU Pricing team, you'll play a key role and be responsible for end-to-end pricing across our commercial underwritten lines portfolios such as Professional Indemnity, Liability, Workers Compensation, Construction & Engineering (C&E), and Fleet Insurance. This role combines technical modelling with commercial analysis to deliver pricing solutions that balance expected performance with market demands, helping ensure the company remains competitive and sustainable. You'll build, implement, and maintain rigorous pricing models while providing actionable insights that drive value for the business.    In addition to technical responsibilities, the role supports go-to-market pricing initiatives by collaborating closely with underwriting and portfolio teams to determine pricing positions and monitor strategy effectiveness. As a Senior Analyst, you'll contribute to governance through peer review and continuous improvement, leveraging broader data and tools across IAG to enhance pricing excellence. Curiosity about market trends and portfolio performance is essential for identifying risks and opportunities early.    The successful candidate will work cross-functionally, translating complex pricing models into clear recommendations for diverse stakeholders. They will contribute to the strategic pricing ecosystem by partnering with internal teams, driving innovation, and ensuring pricing recommendations are practical, aligned with business objectives, and supported by strong governance.    This is a permanent role, and we welcome applicants from Naarm (Melbourne) and Gadigal Country (Darling Park 2, Sydney About You
  • 3+ years' work experience with 1+ year focused in general insurance pricing or reserving, with a focus on technical long tail modelling and analysis. Experience in commercial insurance would be beneficial. 
  • Proficiency in actuarial IBNR and statistical techniques to develop, validate, and maintain pricing models for specialty insurance portfolios. 
  • Tertiary qualifications in actuarial science, statistics, business, or a related quantitative or commercial discipline. 
  • Proficiency in analytical tools such as Excel, R, Python, or similar, with capability to manage data and support analytical workflows. 
  • Excellent communication skills, with a talent for conveying complex ideas simply and effectively to technical and non-technical audiences. 
  • Experience working collaboratively across functions to influence pricing decisions, governance, and continuous improvement initiatives. 
  Applications close Sunday 31 August, 23:59pm AEST.      Joining CGU, you'll have access to a raft of benefits from across the Group:
  • Boosted superannuation with 13% as standard   
  • Up to 50% off personal insurance, including home and motor insurance   
  • 5 myLeave days per year on top of annual leave  
  • Work from home and many more flexibility options with myFlex    
  • Industry-leading 20 weeks paid parental leave, available from the day you start, for both primary and secondary carers  
  • Dedicated career growth programs, including the award-winning IAG Academy   
  • Discounts on every day and special occasion items   
  • Great employee network communities   
  • Community volunteer days and team volunteer activities  
  • Award-winning recognition and reward program  
*employment type eligibility criteria apply     ABOUT US​   As part of IAG you'll enjoy a world of career opportunities, a purpose-led place focused on creating connection and belonging, and where you can create meaningful impact every day and grow your career beyond the expected. That's not just words. It's our people promise. We're ready for you with unexpected opportunities for your career, your work-life and your ability to make a difference. We celebrate all viewpoints shaped by life experiences and culture, and are guided by the knowledge and voice of Aboriginal and Torres Strait Islander peoples, businesses, and communities. We collaborate on Indigenous-led solutions that enable growth and create meaningful change for our customers and employees.    We're ready for you. Apply today.  Learn more about oreferrer noopener\>who IAG is here.