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Senior Actuarial Analyst

Job Description - Senior Actuarial Analyst

Description

Build your analytics career while shaping smarter pricing decisions, improving portfolio outcomes and developing innovative solutions for consumer insurance customers.

 

This is a 12 month contract opportunity. 

 

About the Role

Join the Model Activate and Analytics team within Consumer Insurance Pricing and Analytics. You will deliver end-to-end data and modelling solutions that improve risk selection and support sustainable portfolio outcomes. Working with Portfolio, Finance, Claims Operations and pricing teams, you will turn complex analysis into clear recommendations. You will also implement scalable solutions within pricing systems, establish performance monitoring and explore new data sources, rating factors and modelling techniques.

 

What You'll Do

  • Identify and prioritise risk selection initiatives using data insights and stakeholder input

  • Investigate portfolio opportunities and recommend strategies that balance growth, profitability and risk

  • Deliver and implement robust, scalable risk selection solutions within pricing systems

  • Design monitoring frameworks and dashboards that measure initiative performance

  • Translate analytical findings into clear reports and practical business recommendations

  • Evaluate emerging data sources, rating factors and predictive modelling approaches

 

What You'll Bring

  • Hold a bachelor’s degree in data science, statistics, mathematics, computer science, actuarial studies or another quantitative discipline

  • Bring at least one year of relevant advanced analytics or data science experience

  • Demonstrate coding experience with R, SAS, Python or VBA, plus a commitment to automation

  • Apply knowledge of Generalised Linear Models and machine learning techniques, including gradient boosting, random forests or neural networks

  • Communicate advanced technical concepts clearly and support colleagues in building capability

  • Offer experience with Git, Linux, insurance modelling, AWS, Databricks or AI coding agents where applicable

 

What You’ll Enjoy

  • Access our award-winning Shine platform – your central hub for exclusive perks, wellbeing support, career development, and recognition. Shine has been recognised for excellence in employee experience, making it easier than ever to access what matters most to you

  • Opportunity to receive performance-based Incentives and Suncorp shares for eligible employees

  • Hybrid working, flexible leave, 20 weeks paid parental leave, and up to 5 days paid flexible leave annually

  • Paid study support, career breaks, on-the-job learning, and a $1,000 referral bonus for eligible employees

  • Free wellbeing coaching, a dedicated Employee Council, and confidential EAP access

  • Discounts at 900+ retailers, Fitness Passport, and reduced super fees

  • Paid volunteer leave, donation matching, and unlimited emergency response leave

Diversity is celebrated through employee resource groups and inclusive policies for all families

 

Explore our full benefits

 

At Suncorp we believe we are our best when our workforce is as diverse, talented and passionate as the communities in which we live and operate, and where our people feel included, valued and connected. We are passionate about inspiring our people by creating a diverse, accessible, and inclusive culture, offering flexible work, career development and internal mobility, and building connected relationships amongst our team members and with our customers.

 

If you require any support and adjustments to participate equitably in our recruitment process or in the workplace, we encourage you to contact [email protected] for a confidential conversation. To apply for this opportunity, please submit your application directly via the link provided.



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About the Company

Suncorp Bank

Suncorp Group is one of Australia's largest financial services companies offering a range of insurance and banking solutions across Australia and New Zealand.

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