Pricing Specialist

Auto & General Australia; Brisbane; On-site; AUD 120,000 - 180,000; Full time

Benefits offered by this job

Bonuses

Work from home 2 days/week

Volunteer days

ME day

Paid parental leave

Additional leave purchases

Learning & development

A&G Difference volunteering

Wellbeing program

On-site events and celebrations

Discounts on retailers and services

Job summary

Auto & General Australia is seeking a Lifestyle Pricing Specialist to support end-to-end pricing of lifestyle insurance products (Motorcycle, Pet, Travel) through advanced data analytics, modelling and implementation. You will work on reporting, analysis and statistical modelling while mentoring the team and ensuring pricing decisions are data-driven and collaborative.

The role requires deep data expertise, ability to validate data sources, and collaboration with IT and vendors.

Qualifications

• 7+ years general insurance industry experience.
• Proven analytical and problem-solving capability.
• Excellent attention to detail.
• Programming knowledge: BigQuery, SAS, SQL, R, Python or similar.
• Experience with pricing software: Emblem, Radar, Earnix.
• Degree qualified in mathematics, actuarial studies or similar.

Responsibilities

• Report, analyze and model pricing using data analytics.
• Understand data sources, data limitations, and manage large datasets.
• Validate external data assets and coordinate with data vendors.
• Develop and maintain data assets for pricing.
• Analyse and interpret data from multiple sources to resolve issues and draw insights.
• Implement complex rating changes and quantify impact on portfolio.
• Test and monitor live pricing changes and IT changes.
• Communicate findings to senior management.

Skills

Proven analytical and problem-solving

Excellent attention to detail

Education

Degree in mathematics or actuarial studies

Tools

BigQuery

SAS

SQL

R

Python

Emblem

Radar

Earnix

Job description

The role

The Lifestyle Pricing Specialist will support the end-to-end pricing of our lifestyle insurance products (including Motorcycle, Pet, Travel) through best-in-class data analytics, modelling and implementation.

Brief Description

A Lifestyle Pricing Specialist is responsible for a variety of work, including:

• Reporting
• Analysis
• Statistical modelling
• Team Building & Mentoring
• We want to ensure our insurance pricing decisions are based on robust data-driven analysis, whilst maintaining an attitude of collaboration, curiosity and fun.

General

• Understand sources of data, its limitations, and uses within the team
• Efficiently manage and manipulate very large data sets
• Validate external data assets and raise any issues with external data vendors
• Evaluate alternative data sources for risk rating
• Assist with the development and maintenance of data assets for the wider team
• Analyse, interpret, and extrapolate data from a number of sources to resolve complex issues
• Draw insights and provide recommendations on next steps
• Implement complex rating changes and quantify the expected impact on the portfolio
• Implement, test, and monitor live pricing changes and/or IT changes
• Perform reviews of premium adequacy and make appropriate recommendations
• Understand system limitations and impact on pricing changes
• Peer review and provide quality feedback on risk rating and new pricing rules
• Provide valuable advice and guidance to the business on data, analytics, and complex address/pricing issues
• Explain technical work and communicate findings to senior management

Other

• Define requirements, create test plans, manage and sign-off testing for IT changes that impact pricing and address changes
• Perform other reasonable and relevant activities (e.g. data extracts, price queries, reinsurance analysis, compliance investigations) to meet operational requirements
• Adhere to all pricing policies and procedures
• Prepare and present complex papers for presentation to GMs, Directors or P&UW Committee

Qualifications and Experience

• 7+ years general insurance industry experience
• Proven analytical and problem-solving capability
• Excellent attention to detail
• Programming knowledge (e.g. BigQuery, SAS, SQL, R, Python or similar)
• Experience with pricing software (e.g. Emblem, Radar, Earnix)
• Degree qualified in mathematics, actuarial studies or similar

Our Perks

Location: Toowong - Close to a variety of public transport and easy parking options, the Toowong office has excellent end of trip facilities (including secure bike storage and showers), outdoor spaces and plenty of modern collaborative areas to work and connect with colleagues. Conveniently based at Toowong Village tower with views of the mountains and the Brisbane River, our location is only 4 km from the city and provides access to retail, restaurants and other amenities.

• 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
• Work flexibility - with options to work from home two days per week.
• 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!

Auto & General values individual differences and believes in fostering an inclusive culture that creates a great place to work for all.