Job Description:
At our company, we are dedicated to making Australian pets the happiest and healthiest in the world. Our mission centers on ensuring pets receive the best care and protection through easy, accessible, and affordable tailored pet care plans and comprehensive insurance coverage. In pursuit of this mission, we are looking to hire a seasoned Pricing Actuary to help shape affordable yet profitable insurance.
Key Responsibilities:
• Pricing Strategy Development: Lead the design, implementation, and maintenance of forward-thinking pricing strategies considering loss experience and competitor prices, centred on key risk attributes such as age, breed, and location.
• Data Analysis: Harness our large datasets to unearth insights and pinpoint opportunities to optimise pricing strategies while balancing affordability and quality.
• Risk Assessment: Conduct meticulous risk assessments to craft pricing strategies that promote both company profitability and affordability.
• Product Development: Collaborate intimately with the Product and Marketing team to design insurance products aligned with our mission and catering to pet owners' diverse needs.
• Achieving Company Targets: Play a pivotal role in helping the company attain its target loss ratio and hit sales objectives through intelligent and responsive pricing strategies.
• Regulatory Compliance: Uphold a pricing framework that aligns with regulatory standards, engendering a relationship of trust and transparency with regulators.
• Reporting: Compile detailed reports to elucidate the pricing strategies and their anticipated repercussions to senior management, the risk carrier and the board.
• Industry Trends: Keep abreast of industry trends and regulatory shifts to maintain a competitive edge in pricing strategies.
Qualifications:
• Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, or a related field.
• 8-10 years of total work experience with at least three years dedicated to pricing.
• Experience in personal lines general insurance, such as pet, motor and home, would be beneficial.
• Mastery of statistical software such as R, SAS, or Python is preferred.
• Outstanding analytical and problem-solving aptitudes.
• Strong communication and presentation acumen.
• Proven ability to work effectively both in independent and team settings.
Benefits:
• Competitive salary
• Work during daylight hours (Australian time zone applies)
• Skip the daily commute and work from home
• Be part of something bigger with a mission centered on pet welfare
• Opportunities for career growth and development
How to Apply:
If you have a passion for pet welfare and possess the expertise to craft pricing strategies that resonate with our mission, we invite you to apply for this position. Strattmont has the sole mandate to fill this position.
