Pricing Actuary

Auto & General; Sydney; On-site; AUD 140,000 - 210,000; Full time

Benefits offered by this job

Bonuses and reward programs

Rewards Gateway employee platform with

Generous leave options and ME day

Learning and development opportunities

A&G Difference community volunteering

Wellbeing programs and fitness perks

On-site events and family days

Job summary

Auto & General in Australia is seeking a Pricing Actuary to support pricing innovation and advance the company’s pricing ambitions. This senior role requires exceptional quantitative ability, attention to detail, and a proactive, can-do attitude.

You will design, build and validate complex pricing models, ensure data integrity, and deploy pricing solutions in production, collaborating with BAU Pricing and IT. The position is based in Sydney or Brisbane and offers strong growth opportunities.

Qualifications

• 5+ years in general insurance with a focus on short-tail pricing.
• Strong data integrity and model development discipline.
• Experience with Radar and Earnix pricing tools.

Responsibilities

• Design, build, and validate pricing algorithms and models.
• Ensure data integrity and model accuracy in all deliverables.
• Implement pricing solutions in Production with testing and monitoring.
• Collaborate with analytical colleagues across the company (e.g. BAU Pricing and IT).

Skills

Analytical skills

Attention to detail

Problem-solving

Education

Bachelor’s degree in Mathematics, Statistics, Actuarial Science, Data Science, Computer Science, or related quantitative field

Tools

Python

SQL

Radar

Earnix

Job description

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. This includes:

• 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
  • Exclusive discounts and savings across more than 600 top retailers
  • A comprehensive recognition program that celebrates milestones and achievements—helping you feel valued every step of the way
• 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 to cover all of the big stuff.
• 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 for causes that you’re passionate about.
• 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 - join us and you’ve got a ticket to our many on-site events throughout the year, family fun days and annual celebrations.
• Save money - as well as discounts on insurance products, we’ve teamed up with some incredible retailers, hospitality providers and others to bring you discounts on your purchases, no matter where you are in Australia.
  

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 - ING, Qantas and Coles Insurance.

We’re excited about the future and we’re always on the lookout for talented, passionate individuals who can help us achieve our goal of being Australia’s best insurer! If this sounds like you,
Auto & General values individual differences and believes in fostering an inclusive culture that creates a great place to work for all.