Hybrid Insurance Pricing Analyst: AI-Driven Modelling

Suncorp Group; Victoria; Hybrid; AUD 90,000 - 120,000; Full time

Benefits offered by this job

Shine platform perks

Performance incentives & Suncorp share

Hybrid working

Paid parental leave

Study support

Wellbeing coaching

Volunteer leave

Discounts at retailers

Job summary

Suncorp Group is seeking a Pricing Analyst to join the Commercial Insurance Pricing team in Australia. You will contribute to pricing models for SME Packages, Strata and Non-Fleet Motor portfolios, performing analytics, predictive modelling and data capabilities to support portfolio growth and profitability.

You will work with Senior Pricing Advisors and stakeholders to deliver pricing recommendations, enhance modelling capabilities and maintain pricing infrastructure, while exploring automation

Qualifications

• Degree in Statistics, Actuarial Studies, Business Analytics or related field.
• 12+ months relevant pricing/insurance experience preferred.
• Knowledge of GLMs/GBMs and machine learning approaches.
• Ability to interpret complex datasets and derive practical solutions.
• Experience with SAS and/or R; Python/SQL/Excel advantageous.

Responsibilities

• Develop pricing frameworks and recommendations to improve risk selection and align with business goals and budgets.
• Support implementation and monitoring of pricing changes for accuracy and timeliness.
• Maintain pricing infrastructure and develop modelling-ready datasets.
• Assist in pricing initiatives leveraging data science, automation, and AI.
• Provide technical support on pricing model methodologies and testing.
• Prepare pricing papers and communications for stakeholders.
• Identify opportunities to leverage data science to improve pricing processes.

Skills

GLMs/GBMs

Statistical modelling

Data analysis

SAS

R

Python

SQL

Excel

Communication

Education

Bachelor's degree in Statistics, Actuarial Studies, Business Analytics or related field

Tools

SAS

R

Python

SQL

Job description

Suncorp Group is seeking a Pricing Analyst to join the Commercial Insurance Pricing team in Australia. You will contribute to pricing models for SME Packages, Strata and Non-Fleet Motor portfolios, performing analytics, predictive modelling and data capabilities to support portfolio growth and profitability.

You will work with Senior Pricing Advisors and stakeholders to deliver pricing recommendations, enhance modelling capabilities and maintain pricing infrastructure, while exploring automation