Actuarial Analyst (Home Pricing and Underwriting)

About the role

Join our Home Pricing and Underwriting team as an Actuarial Analyst, where you'll play a pivotal role in leveraging advanced data analysis to make a significant impact. We're seeking a skilled professional with a strong drive and curiosity. In this position, you'll apply your extensive knowledge of the actuarial control cycle to optimise our home portfolio, enhancing both growth and profitability.

Your responsibilities will include applying actuarial principles to tackle critical business challenges, driving value creation, reducing costs, improving efficiency, and implementing best practices. You'll actively contribute to developing effective and profitable rating and underwriting strategies.

We value individuals who are proactive, resourceful, and eager to continuously expand their knowledge.

Become part of our close-knit team, where you'll gain visibility and enjoy learning opportunities that accelerate your growth. Thrive in a supportive environment where your contributions truly make an impact.

Ways of working

This role can be based either at our Sunshine Coast headquarters or in Fortitude Valley, with a hybrid work model that includes in-office presence from Tuesday to Thursday at your chosen location.

Key priorities

• Support the Actuarial function and company on insurance pricing and underwriting decisions through robust, accurate and timely data driven analysis.
• Evaluate portfolio composition, trends, and deviations from expectations over time.
• Compile and preprocess data for analysis, modelling and technical review of predictive claims models.
• Present insights and recommend adjustments to rates to management based on model outcomes.
• Implementing changes to pricing and underwriting systems.
• 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.

About you

• A Bachelor's degree in Actuarial Science or a related field.
• Progressing through actuarial examinations viewed favourably.
• Experience in an actuarial role (2+ years is a general indicator).
• Strong knowledge of general insurance concepts.
• Analytical mindset.
• Strong understanding of sources of insurance data, its limitations and common uses.
• Demonstrate efficient and independent working with very large data sets.
• Pricing experience is highly advantageous.
• Experience in building predictive models viewed favourably (e.g. GLM, machine learning).
• Proficiency in languages such as Python, R, SQL, SAS.
• Ability to collaborate effectively within a team.
• 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.