At a Glance
- Tasks: Design and validate innovative pricing algorithms and predictive models.
- Company: Join Auto & General, Australia's fastest-growing insurer with a vibrant culture.
- Benefits: Enjoy bonuses, discounts, flexible leave options, and professional development opportunities.
- Other info: Be part of a diverse team that values inclusivity and celebrates achievements.
- Why this job: Make an impact in the insurance industry while working with cutting-edge data science techniques.
- Qualifications: 5+ years in insurance, strong analytical skills, and proficiency in Python or SQL.
The predicted salary is between 90000 - 110000 $ per year.
The Pricing Actuary will support the Pricing Manager in delivering pricing innovation projects and accelerating the company’s pricing ambitions. Pricing Actuary is a senior technical role. To excel in this role, the Pricing Actuary must possess exceptional technical acumen, a strong background in quantitative analysis, data science, or actuarial science, great attention to detail, and a can-do attitude.
Location: Sydney or Brisbane (Toowong)
Position Accountabilities:
- To undertake analytical tasks efficiently, thoroughly, with due care and minimal mistakes.
- Design, build, and validate complex pricing algorithms, predictive models, and simulation tools.
- Ensure high standards of data integrity and model accuracy with unwavering attention to detail.
- Ensure pricing solutions adhere to all pricing policies and procedures, and proactively mitigate any potential risks before implementation.
- Implement new pricing solutions in Production, including testing and post-live monitoring.
- Collaborate with analytical colleagues across the company (e.g. BAU Pricing and IT).
What experience you’ll bring:
Qualifications and Experience:
- 5+ years of general insurance industry experience with strong focus on short-tail pricing.
- Proven analytical and complex problem-solving capability with a can-do attitude.
- Exceptional attention to detail and a meticulous approach to data integrity and model development, ensuring accuracy and precision in all deliverables.
- In-depth understanding of advanced statistical modelling techniques and predictive analytics.
- Experience with statistical programming languages (e.g. Python, SQL).
- Tertiary qualification in Mathematics, Statistics, Actuarial Science, Data Science, Computer Science, or a related quantitative field.
- Experience with specialised pricing tools (Radar and Earnix).
The benefits of working at A&G:
- Be rewarded - we recognise high performance and reward our people for their hard work through bonuses and other perks.
- Access to A&G’s employee reward and recognition platform, powered by Rewards Gateway - Enjoy a wide range of benefits, including personalised rewards and peer-to-peer recognition.
- Options for leave - life happens, so we've got volunteer days, an additional paid 'ME' day, paid parental leave and the opportunity to purchase additional leave.
- Grow with us - we've got learning and professional development opportunities to suit everyone.
- Give back - our A&G Difference program gives you the power to change our community for the better through volunteering, fundraising and donation opportunities.
- Take care of yourself - your wellbeing is important to us and our healthy mind and body hub, mental-health support and fitness discounts will help you be your best self.
- Celebrate the wins - we love sharing our successes and celebrating together.
- Save money - as well as discounts on insurance products, we’ve teamed up with some incredible retailers to bring you discounts on your purchases.
About us:
Auto & General (A&G) is the fastest-growing major Motor and Home insurer in Australia, providing insurance products and solutions to safeguard a brighter future for our customers and community. Our range of general insurance products including Car, Motorcycle, Home, Contents Pet and Travel products are delivered through our multi-award-winning brand Budget Direct and partnerships with leading brands.
Auto & General values individual differences and believes in fostering an inclusive culture that creates a great place to work for all.
Pricing Actuary / Pricing Specialist in Sydney employer: Auto & General
Auto & General is an exceptional employer that prioritises employee development and fosters a collaborative work culture. With opportunities for growth across multiple sites, including North Lakes and Kawana, employees benefit from a supportive environment that encourages innovation and teamwork, making it a rewarding place to advance your career in technical coaching.
