Vehicle Valuation & Buyer Analyst

Ritchie Brothers Auctioneers; Geelong; On-site; AUD 70,000 - 90,000; Full time

Job summary

Ritchie Brothers Auctioneers – Geelong VIC seeks a National Valuations Executive to lead salvage vehicle valuations and interpret auction market trends. You will draw on historical auction data and proprietary pricing data to deliver reliable assessments for insurer partners and internal stakeholders.

The role requires close collaboration with Remarketing, Sales and Operations to ensure valuations align with business strategies.

Qualifications

• Deep understanding of salvage vehicle valuations.
• Ability to interpret auction market trends.

Responsibilities

• Conduct salvage valuations for vehicles, heavy salvage, caravans and marine using historical auction data and pricing data.
• Ensure valuations meet accuracy benchmarks and SLA turnaround times.
• Maintain knowledge of market conditions and auction trends to enhance valuation reliability.
• Collaborate with Remarketing, Sales and Operations to align valuations with business strategies.
• Provide valuation insights and reports to support internal decision-making and customer discussions.
• Support Remarketing with pricing strategies to maximise auction outcomes.
• Provide buy prices for denied claim vehicles to the Remarketing team.
• Utilise auction sales database to analyse trends and ensure valuation accuracy.
• Assist with maintenance of the AU Vehicle Database and identify vehicles for online advertising.
• Refine valuation methodologies with industry best practices and emerging data insights.
• Ensure compliance with policies and industry standards when conducting valuations.
• Assist in building out pricing guide for AU instance to support valuation accuracy.

Job description

Ritchie Brothers Auctioneers – Geelong VIC

This role is ideal for a detail-oriented professional with a deep understanding of salvage vehicle valuations and a strong ability to interpret auction market trends. The National Valuations Executive will play a key role in optimising valuation accuracy and supporting our insurer partners with reliable assessments.

Valuation & Market Analysis

• Conduct salvage valuations, including but not limited to vehicles, heavy salvage, caravans and marine, using a combination of historical auction data, market trends, and proprietary pricing data.
• Ensure valuations meet accuracy benchmarks and are completed within agreed SLA turnaround times.
• Maintain up-to-date knowledge of market conditions and auction trends to enhance valuation reliability.
• Work closely with the Remarketing, Sales, and Operations teams to ensure valuations align with business strategies and customer expectations.
• Provide valuation insights and reports to support internal decision-making and customer discussions.
• Support the Remarketing team with pricing strategies to maximise auction outcomes.
• Provide the Remarketing team with buy prices for denied claim vehicles.
• Utilise the company’s auction sales database to analyse trends and ensure valuation accuracy.
• Assist with the maintenance of the IAA AU Vehicle Database and help with identification of vehicles for online advertising.
• Continuously refine valuation methodologies by incorporating industry best practices and emerging data insights.
• Ensure compliance with company policies and industry standards when conducting valuations.
• Support the creation of the AU instance of the pricing guide build out and continuous improvement which in time will further support valuation accuracy.

Experience in valuations required with at least 2 years experience valuing vehicles, preferably salvage vehicles.