RACQ Insurance is a leading general insurance company in Queensland, focusing on RACQ members. As a major player in the Queensland Insurance industry, we have a history of strong growth and performance in the Motor, Home, Boat and CTP insurance lines.

You are invited to join our Actuarial Services team, within the Actuarial Pricing and Analytics function. Being part of a medium sized insurer you will be more than a number and can have a genuine and direct impact on company results and performance.

The main concern of the role is to assist:

• Reviewing technical premium rates required for short tail portfolios
• Enhancing natural peril premium rating capabilities
• Developing and maintaining predictive models for insurance claim and customer behaviour metrics
• Developing and maintaining price monitoring reports including a rate strength report and peril exposure reports
• Pricing new products and policy options/features
• Developing price optimisation capabilities
• Undertaking ad-hoc policy/claim/customer experience analyses

Whilst all candidates are encouraged to apply, the following traits lend themselves most to performing successfully in this role:

• An actuarial, statistics or other mathematical degree with an excellent academic record
• Professional experience in a general insurance and/or predictive modelling context
• Base SAS and SAS macro programming skills
• Attention to detail
• Attention to the bigger picture
• Using logic, reasoning and pragmatism to solve problems, especially when no out of the box solution exists
• A knack for being able to explain complex and/or detailed issues in plain, unambiguous, easily understood terms (verbal and written)

You will report to the Manager, Actuarial Pricing and Analytics, joining a team of three other existing actuarial analysts, all of whom happen to be studying for the actuarial professional exams (at various levels of completion). Should you wish to pursue the actuarial qualification, financial support will be provided.

Your day-to-day customers will include:
Actuaries and analysts from the wider actuarial services team, especially from the Insurance Liabilities function
Managers and analysts from the business information (data provision) teams
Accountants and analysts from the finance team
Managers and analysts from the insurance product and claim management teams

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