Job Overview & Organization Mission

Suncorp is hiring a Senior Actuarial Analyst in Brisbane to develop generalized linear pricing models for home and motor insurance portfolios.

Suncorp’s Actuarial Pricing team in Brisbane is seeking a skilled Senior Actuarial Analyst to optimize risk pricing models across personal insurance portfolios.

As a key member of the team at Suncorp Group in Brisbane, QLD, you will play a central role in driving excellence, upholding top-tier Australian industry standards, and contributing directly to the strategic milestones of one of the nation’s premier employers.

Key Duties & Core Responsibilities

In this critical role, your operational duties and key performance responsibilities will encompass:

• Build and: Build and calibrate statistical Generalized Linear Models (GLMs) using Emblem and Python.
• Incorporate climate: Incorporate climate hazard and flood geospatial risk analytics into insurance premiums.
• Conduct portfolio: Conduct portfolio loss ratio tracking, margin analysis, and competitive price monitoring.
• Communicate technical: Communicate technical actuarial findings to underwriters and product leaders.

Required Qualifications, Licenses & Experience

To be successful in this position at Suncorp Group, candidates are expected to satisfy the following essential selection criteria:

• Mandatory Qualification: Actuarial Degree & Making Progress to FIAA.
• Relevant Experience: Minimum 3-5 Years of verified industry experience in Australia or recognized overseas equivalence.
• Degree in Actuarial Studies, Mathematics, or Statistics.
• Making steady progress towards Fellow of the Actuaries Institute (FIAA).
• Minimum 3 years experience in general insurance pricing or reserving.

Core Competencies & Key Technical Proficiencies

The successful applicant will possess demonstrated capabilities across the following domain skill sets:

Salary, Compensation & Employee Benefits

At Suncorp Group, we understand that our people drive our achievements. An outstanding remuneration and wellbeing package is provided in line with Australian benchmarks:

• Competitive Remuneration: AU$125,000 – AU$155,000 per year + standard Australian Superannuation (11.5%).
• Remuneration $125,000 – $155,000 + performance bonus + superannuation.
• Generous actuarial study support policy (paid exam leave and tuition reimbursement).
• World-class 80 Ann Street green building with flexible hybrid work.
• Leave Entitlements: 4 weeks annual leave (with 17.5% annual leave loading where applicable) plus 10 days paid personal/carer’s leave.
• Flexible Work: Progressive work-life balance options with supportive corporate culture and leadership development pathways.

About the Employer: Suncorp Group

Suncorp Group is a leading Australian insurance and financial services provider, home to trusted brands including Suncorp, AAMI, and GIO.

Suncorp Group is deeply committed to building diverse, equitable, and culturally inclusive work environments. We proudly celebrate diversity and welcome applications from all qualified individuals including First Nations Australians, people with disabilities, and candidates from culturally and linguistically diverse backgrounds.

Application Process & Next Steps

Applications for this position are currently open and being reviewed on a rolling basis. Suitable candidates are encouraged to apply as early as possible before the published closing date.

Please prepare an updated Curriculum Vitae (CV) and a tailored Cover Letter highlighting your relevant experience against the key selection criteria outlined above.

To proceed with your application, click the Apply on Employer Site button to access the official Suncorp Group careers gateway.