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Natural Perils Pricing Actuary Specialist

Job description

About Auto & General

Auto & General is the Australian arm of a private global group, employing 8,000 individuals across 31 offices and serving over 8.9 million customers worldwide. As Australia’s fastest-growing insurance business, A&G has been offering general insurance solutions since 2000. The company provides a diverse range of insurance products, including Car, Motorcycle, Home, Contents, Pet, and Travel Insurance, as well as Roadside Assistance. A&G proudly insures leading brands such as Budget Direct, ING, Qantas, and Virgin Money.
  
Committed to "safeguarding a brighter future" for customers, employees, and the broader community, A&G fosters a culture of high performance and integrity, referred to as the "A&G Way." The company expects every team member to contribute 100% effort, energy, and dedication to achieving its goals. In return, A&G invests in its team members by offering generous rewards, benefits, development opportunities, and job security.
 
About the role:

The Natural Perils Pricing Actuary / Specialist plays a key senior technical role within the Pricing team, delivering robust and timely data-driven insights to support insurance pricing, underwriting, and risk management decisions. The role involves developing advanced pricing models, maintaining and implementing rating changes, and performing regular and ad-hoc reporting to inform business strategy.
  
This role requires a high level of technical expertise, including managing complex datasets, conducting detailed modelling and analysis, and applying sound commercial judgement. The specialist will be responsible for supporting decision-making across the business by clearly communicating complex insights to both technical and non-technical stakeholders. Collaboration is essential, with close engagement across functions such as underwriting, sales, marketing and IT, as well as active participation in improving pricing infrastructure and ensuring the quality and timeliness of data delivery.
  
In addition to technical responsibilities, the Pricing Actuary / Specialist will contribute to a culture of continuous improvement and innovation. They will help shape the strategic direction of natural peril pricing, support testing and deployment of IT changes, and provide mentoring and guidance to junior team members. The role requires a proactive and detail-oriented mindset, with a focus on delivering high-quality work that aligns with business priorities and risk appetite.
  
Specifically, key accountabilities include:
  • Develop and maintain advanced pricing models for natural perils (e.g. flood, bushfire, earthquake), ensuring technical accuracy, relevance to market conditions, and alignment with the company’s risk appetite.
  • Conduct complex data analysis and modelling to generate actionable insights that support underwriting, pricing strategy, and portfolio performance.
  • Lead the implementation of rating changes, including testing, impact assessment, and post-live monitoring, ensuring timely and accurate delivery.
  • Communicate technical findings and recommendations to stakeholders across the business, including non-technical audiences, through clear and concise presentations and reports.
  • Collaborate cross-functionally with teams such as IT, underwriting, marketing, and data analytics to improve pricing systems, leverage emerging data sources, and enhance overall pricing capability.
  • Support and mentor junior analysts, promoting technical excellence, knowledge sharing, and continuous professional development within the pricing team.
The Person:
  
The ideal candidate for the Natural Perils Pricing Actuary / Specialist role will bring a strong blend of technical proficiency, industry knowledge, and analytical rigour. With a minimum of five years’ experience in general insurance pricing, preferably with a focus on natural perils risk, you will have a proven ability to develop and maintain robust pricing models, interpret complex datasets, and deliver actionable insights that support strategic decision-making. Your strong attention to detail and problem-solving skills will ensure accuracy and integrity in all aspects of your analytical work.
  
Tertiary qualifications in actuarial studies, mathematics, data science, or a related field will be highly regarded, along with hands-on experience in tools such as SAS, R, or cloud-based platforms like Google Cloud Platform (GCP). You will be confident working with large, multi-source datasets and comfortable translating technical findings into clear, commercially relevant recommendations for both technical and non-technical stakeholders. A solid understanding of pricing systems and the ability to evaluate and enhance infrastructure will also be critical.
  
Strong communication and collaboration skills will set you apart, as will your ability to guide and mentor junior team members. You will demonstrate a proactive mindset and a commitment to continuous improvement, both in your own work and across the broader pricing function. Your commercial acumen, paired with deep technical expertise, will enable you to contribute meaningfully to the organisation’s natural perils pricing strategy and support broader risk and underwriting objectives.
  
  
For a strictly confidential discussion, please contact Callan Raine, Director - Executive on 0411 686 652. Alternatively, you can request a candidate pack by emailing executive@troocoo.com
  
Submit your application (CV and cover letter) via the apply button.