About the role
Join our Pricing and Underwriting team as a Senior Actuarial Analyst and drive substantial impact through advanced data analysis. We're seeking an experienced professional who is highly driven and inquisitive. In this role, you'll apply your deep knowledge of the actuarial control cycle to optimise our commercial portfolio, enhancing its growth and profitability.
Your role will be pivotal in applying actuarial principles to address key business challenges, driving value creation, cost reduction, efficiency improvements, and the implementation of best practices. This entails active participation in delivering effective and profitable rating and underwriting strategies.
Your expertise will be utilised across various areas, spanning pricing and underwriting, as you take a lead role in refining crucial actuarial processes to meet regulatory requirements. Additionally, we value individuals with a proactive problem-solving mindset and a dedication to continual learning.
In our small team, you'll have increased visibility and learning opportunities, allowing you to grow rapidly.
Join us and thrive in a supportive environment where your contributions truly matter.
Key priorities
- Conduct analysis of risk rating and underwriting characteristics.
- Evaluate portfolio composition, trends, and deviations from expectations over time.
- Assist in implementing changes to pricing and underwriting systems.
- Compile and preprocess data for the development of predictive claims models.
- Recommend adjustments to rates based on model outcomes.
- Design, refine, and provide necessary reports for various business functions.
- Collaborate with business units to ensure timely delivery of service levels for individual client underwriting referrals.
- Contribute to the improvement of systems, including pricing and underwriting platforms, as well as overarching sales and policy systems.
Ways of Working
This position is available in Sydney (Pitt Street), Brisbane (Fortitude Valley), or the Sunshine Coast (Sippy Downs). Our work model involves a hybrid arrangement, with in-office presence required from Tuesday to Thursday across all sites, while providing the option to work remotely on Mondays and Fridays.
About you
You will have:
- A Bachelor's degree in Actuarial Science or a related field.
- Completion of Part I and Part II of Actuarial qualification.
- Progress towards Part III exams or possession of a postgraduate degree is advantageous.
- Experience in an actuarial role (3+ years).
- Proficiency in languages such as Python, R, SQL, SAS.
- Ability to collaborate effectively within a team.
- Strong knowledge of general insurance concepts.
- Meticulous attention to detail.
- Strong problem-solving abilities.
- Effective communication skills.
How to apply
We would love the opportunity to get to know you better, but we know it works both ways. Get to know a little more about us at youi.com.au and click "APPLY NOW" to take that next step.
Youi is a part of the Circle Back Initiative, and we commit to responding to every application via our Talent Management Software.
Our Internal Talent Acquisition team exclusively manages all hiring processes, and we do not accept unsolicited resumes directed to hiring managers.
About Youi
At Youi, we don't believe in conforming to the status quo. We're not your typical insurance company - and that goes for our approach to both selling insurance and hiring our team. With over 1,800 employees, we have ambitious goals to keep growing and continue delivering awesome insurance solutions across new products and distribution channels.
We pride ourselves on our diversity and individuality, both among our employees and the customers we serve. We believe that it is the unique combination of skills, perspectives, and experiences of our people that makes us truly stand out.
Our company values reflect this - we are a dynamic, human-focused, honest, and passionate team who provides awesome service to our customers. We recognise and value the contributions of each team member to our culture and success.
At Youi, we're not afraid to be different, and we're looking for people who share our values and want to be part of a team that is making a difference in the insurance industry.
