Python Job: Analyst, Natural Perils

Role - Analyst, Natural Perils

Location - Australia

Opportunity - Permanent

READY FOR ANYTHING -

At IAG, we live and work by our purpose to make your world a safer place. We are motivated by a unique culture that celebrates honesty, creativity, empathy, equity and collaboration. We call it the IAG way, and it means we all share a ‘ready for anything’ mindset that sets the tone for positive actions and positive outcomes. We put heart into everything we do which guides us to create amazing things for our customers, our people and our communities.

We’re brimming with ideas, ambition and a readiness to apply bold thinking and risk awareness to make a difference where it matters most.

As the largest general insurance group in Australia and New Zealand, we own some of the region’s most trusted brands, including NRMA Insurance, CGU, SGIO, SGIC and WFI. We are ready for anything.

Job description:

The purpose of the role and your unique contribution is to develop and implement natural peril pricing models and insights for the purpose of reinsurance modelling, peril pricing and major event response. You’ll also be assisting to run peril models for reinsurance renewals and to assist with the team’s fulfilment of modelling governance controls and standards.

Key Responsibilities:

• Develop and implement natural peril pricing models and understand how the model results relate to claims experience
• Assist with modelling for reinsurance renewals
• Assist with the team’s governance processes such as modelling standards, model monitoring and risk controls
• Keep abreast of product coverage changes and working with data lead to understand impacts and resolve data and mapping issues
• Assist in the preparation of and respond to upcoming and recent natural disasters that significantly affect IAG’s portfolio

Skills & Experience

• Strong knowledge of statistical learning methodologies including GLMs and Extreme Value theory
• Familiarity in delivering pricing solutions to stakeholders
• Experience in insurance data reporting and analytics
• Experience in data and statistical software packages (R, SAS, Python)
• Tertiary qualification/s in a relevant discipline such as statistics, finance, actuarial sciences, data analytics or computer science.

Ready for anything? Let’s talk.

IAG rewards and recognises its people with generous benefits, career development opportunities and real work-life balance. Employees also enjoy 13% superannuation, up to 50% insurance discounts, flexible work and leave options, generous parental leave and return to work programs, various corporate partner discounts and a people-focused culture that celebrates achievements big and small.

Creating a workforce that actively embraces diversity, inclusion and a sense of belonging is key to our success. We believe in treating everyone fairly which means that inclusion, removing barriers, striving for equity and embracing diversity are woven through our values and behaviours. We encourage applications from all backgrounds and communities and are committed to providing a work environment that enables you to thrive, whatever your circumstances. If we can provide support with access requirements, alternative work arrangements please advise us via your application.

IAG has committed to the reconciliation movement in Australia for First Nations people and focus on providing a safe and supportive work environment for all our employees. More information on our Reconciliation Action Plan can be found on our company website.

IAG Culture story

The IAG way