Senior Actuarial Analyst

Apply now Job no: 499816
Work type: 38 HOUR WK - NOT ROSTERED
Location: SUNSHINE COAST
Categories: Product

 Why Youi?

  • Advance your Career with a Prominent Organisation
  • Flexible / Remote work arrangements
  • Generous study policy

Insurance for Individuals

Since Youi emerged in Australia in 2008 we have built a strong brand through awesome customer service, tailoring products to individuals and challenging our competitors to do better. We value both our people and technology, and our IT department of more than 150 passionate Youiers is testament to us taking our tech and business growth seriously. With over 1,700 employees, and gross written premium exceeding $1billion, we have ambitious goals to keep growing and continue delivering awesome insurance solutions across new products and distribution channels, backed by industry leading customer experience.

About the role

Our Actuarial Department is where the data analysis and reporting takes place.  The role of Senior Actuarial Analyst means that you will add value to the company by applying actuarial principles to all the important business and department problems through analytics, portfolio monitoring and best pricing and underwriting practice. This position contributes towards Youi’s ability to achieve its strategic goals via the teams OKRs by creating value, reducing costs and building efficiencies. The role includes participating in the delivery of effective and profitable rating and underwriting.

You will be tasked with the analysis of data relating to actuarial risk factors and the wider business. To excel in this role you will have an in depth understanding of key data sources and effectively manipulate these for analysis. You can expect to be dealing with people from right across the organisation.

Key responsibilities include:

  • Prepare and use statistical models to analyse and provide insights which solve core business problems
  • Effectively prepare data for modelling purposes and build models in Emblem, Python, R and SAS
  • Determine claims frequency and claims size models as a basis for pricing recommendations
  • Monitor and identify opportunities to improve portfolio performance
  • Contribute to the enhancements of systems, including pricing and underwriting systems as well as the overall sales and policy system
  • Lead statistical modelling projects from data preparation, modelling outcomes, price recommendation, system implementation and documentation of the modelling process
  • Feel comfortable presenting analysis to Senior Management
  • Provide support to (Graduate) Actuarial Analysts

The successful candidate will ideally have:

  • Relevant Bachelor Degree in Actuarial Science or related studies.

Preferred qualification:

- Progress in Part I exams towards qualification as an Actuary.

- Progress on Part II exams or post graduate degree. Fully (or nearly) qualified Actuary

  • Approximately 3 - 5 years’ experience in an actuarial role
  • Experience in programming languages such as SQL, SAS, R, Python and C# preferred
  • Experience using Willis Towers Watson pricing software Emblem preferred
  • Knowledge of advanced actuarial concepts
  • Understanding of general insurance concepts
  • Curiosity to explore profit and growth opportunities and provide insights and recommendations to convince management to change pricing, underwriting and product
  • Strong attention to detail
  • Excellent analytical and problem-solving skills
  • The ability to work effectively within a team environment

 The Youi Difference

We’re well known for having one of the best company cultures in Australia and this extends into the Actuarial team, how we interact with each other, and with the broader business. Whether it’s chatting to our CEO in the elevator (who favours shorts and t-shirt!) or sharing your favourite camping spots with a colleague whilst waiting for your haircut or massage at The Hub at HQ, everyone is warm, friendly, and approachable and you’ll love getting to know the talented people that call Youi home. We live and breathe our Human value and embrace flexible working, with a focus on employee wellbeing. We believe when you’re feeling your best, you’ll do your best work and that means awesome outcomes for our customers and our community

Don’t miss this opportunity to join a fast moving, innovative Actuarial Team - APPLY NOW!

Advertised: E. Australia Standard Time
Applications close: E. Australia Standard Time

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