At a Glance
- Tasks: Develop pricing models and insights to enhance commercial insurance strategies.
- Company: Join Suncorp, a leader in the insurance industry with a focus on diversity and inclusion.
- Benefits: Enjoy hybrid work, paid study support, and exclusive perks through our Shine platform.
- Other info: Flexible leave options and a supportive environment for career development.
- Why this job: Make a real impact on pricing strategies while growing your technical skills.
- Qualifications: Degree in actuarial studies or related field; pricing experience preferred.
The predicted salary is between 66150 - 80850 $ per year.
Help strengthen commercial insurance pricing while growing your technical capability through meaningful analysis, modern modelling methods and collaborative problem-solving.
About the Role
Join our Commercial Pricing team to develop pricing models and insights across SME Packages, Strata and Non-Fleet Motor insurance. You will combine data science with established pricing methods to support sustainable portfolio outcomes and informed decisions. The role contributes to pricing strategy, risk selection and commercial data capability. You will work with varied stakeholders to simplify analysis, automate solutions and deliver timely pricing recommendations that support customer and business needs. This is a 12 month contract opportunity.
What You'll Do
- Develop pricing models and frameworks that improve risk selection and support portfolio goals
- Prepare pricing recommendations, impact analysis and business cases for key stakeholders
- Maintain commercial pricing infrastructure and support modelling-ready datasets
- Explore internal and external data sources to strengthen pricing and modelling capability
- Provide technical support for model methodologies, implementation and ongoing price changes
- Research data science and artificial intelligence methods that improve analysis and team capability
What You'll Bring
- A relevant degree in actuarial studies, mathematics, data analytics, business or a related field
- At least one year of pricing experience, preferably within the Australian general insurance market
- Strong analytical capability and knowledge of product and pricing business drivers
- Experience with SAS, Excel, R or programming languages such as Python, C or VBA
- Knowledge of GLMs, GBMs, NLP or other machine learning techniques is advantageous
- Clear communication, practical problem-solving and effective project prioritisation skills
What You'll Enjoy
- Access our award-winning Shine platform – your central hub for exclusive perks, wellbeing support, career development, and recognition.
- Opportunity to receive performance-based Incentives and Suncorp shares for eligible employees
- Hybrid working, flexible leave, 20 weeks paid parental leave, and up to 5 days paid flexible leave annually
- Paid study support, career breaks, on-the-job learning, and a $1,000 referral bonus for eligible employees
- Free wellbeing coaching, a dedicated Employee Council, and confidential EAP access
- Discounts at 900+ retailers, Fitness Passport, and reduced super fees
- Paid volunteer leave, donation matching, and unlimited emergency response leave
- Diversity is celebrated through employee resource groups and inclusive policies for all families
At Suncorp we believe we are our best when our workforce is as diverse, talented and passionate as the communities in which we live and operate, and where our people feel included, valued and connected. We are passionate about inspiring our people by creating a diverse, accessible, and inclusive culture, offering flexible work, career development and internal mobility, and building connected relationships amongst our team members and with our customers.
If you require any support and adjustments to participate equitably in our recruitment process or in the workplace, we encourage you to contact ***************@suncorp.com.au for a confidential conversation.
Senior Pricing Analyst in Melbourne employer: Suncorp
Suncorp is an exceptional employer, offering a dynamic work environment in Brisbane, Sydney, or Melbourne where you can make a real impact in the fight against financial crime. With access to the award-winning Shine platform, employees benefit from flexible working arrangements, generous parental leave, and extensive career development opportunities, all while being part of a diverse and inclusive culture that values every individual. Join us to not only protect our customers but also to grow your career in a supportive and innovative team.
