Climate Hazards Pricing Analyst

Suncorp; Sydney; On-site; AUD 70,000 - 90,000; Full time

Benefits offered by this job

Flexible working environment

Job summary

Suncorp is seeking a Natural Perils Pricing Analyst I to join the Consumer Insurance Pricing & Analytics team in Sydney. This role focuses on pricing models for natural hazards to support sustainable outcomes for customers and business.

The candidate will work with data science, catastrophe modelling and environmental research professionals, applying analytical skills to translate insights into actionable pricing strategies.

Qualifications

• Tertiary qualification in a quantitative or analytical discipline such as Statistics, Mathematics, Finance, Business Analytics, Engineering, Natural Sciences, Actuarial Studies (highly regarded).
• Experience in an insurance, analytics, pricing, or risk-focused role is preferred.
• Recent graduates with a strong academic record and relevant analytical skills are encouraged to apply.

Responsibilities

• Develop, refine and implement natural peril pricing models at an individual address and catastrophe level, including Flood, Cyclone, Bushfire, Earthquake, Hail, Storm, Demand surge, Underinsurance.
• Combine data science techniques, environmental research, insurance claims insights, and external expertise to improve risk assessment and pricing accuracy.
• Monitor and evaluate the effectiveness of pricing changes and model performance. Analyse the impact of pricing decisions on New business, Renewals, Customer retention and lapses, Cancellation rates, Concentration risk, Reinsurance outcomes.
• Prepare business cases, portfolio impact assessments, and recommendations for senior stakeholders.
• Partner with teams across Portfolio Management, Underwriting, Claims, Reinsurance, Capital, Business Intelligence, and Corporate Affairs to provide insights on natural peril risks and claims experience.
• Communicate complex analytical findings in a clear and meaningful way to both technical and non-technical audiences.

Skills

Analytical thinking

Written & verbal communication

Time management

Education

Statistics

Mathematics

Actuarial Studies

Tools

Python

R

SAS

Excel

SQL

Job description

Suncorp is seeking a Natural Perils Pricing Analyst I to join the Consumer Insurance Pricing & Analytics team in Sydney. This role focuses on pricing models for natural hazards to support sustainable outcomes for customers and business.

The candidate will work with data science, catastrophe modelling and environmental research professionals, applying analytical skills to translate insights into actionable pricing strategies.