Actuary

**The Company**

Our team and products have been recognised with dozens of awards including by the Financial Times who ranked Cover Genius as the #1 fastest growing company in APAC in 2020. Our diverse team across 10 countries and many language groups commits itself to diverse cultural programs, in particular “CG Gives” which makes social entrepreneurs out of us all and funds development initiatives in global communities.

Our People are Bold, Authentic, Purposeful and Inspired

Our People are not Perfect, Traditional, Complacent or Cautious

**About the role**

This role is an important part of the Insurance team to provide quantitative analysis and modelling support to inform pricing decisions for our insurance products. In addition, you will work closely with ‎internal stakeholders within the business to provide ‎innovative solutions to our partners.‎

**New Product Development and Pricing**

The role will work closely with the Partnerships and Data (including Machine Learning & software engineering specialists) to design and implement our unique insurance products. The key focus will be on the development of initial pricing and underwriting guidelines.

**Insurance Performance Analysis**

The role will support the Insurance Team in forming a view of ongoing financial performance for our partner and captive underwriters across the full range of products. This will include assessment of the retrospective and prospective liabilities and other relevant metrics.

**Net Revenue / Margin Management**

Assist the Insurance team in providing net pricing insights to our underwriters:
Calculate actuarial technical prices to achieve the target underwriting profit margin.

Work with Claims team to inform ongoing underwriter portfolio management.

Build and own dashboards for different market segments to monitor net loss ratios

Explore the data and find insights to improve margin opportunities for distribution partners and underwriters.

**What your working week will involve**:

- Contribute to and support the development and implementation of new products through initial pricing and underwriting guidelines.
- Utilise knowledge of actuarial pricing methodology, concepts and product to produce reserving and pricing insights.
- Provide insights and recommendations to internal stakeholders to support underwriter relationships.
- Perform pricing and reserving analysis using machine learning techniques such as GLMs or any other analytical tools
- Demonstrate a positive and proactive approach with internal stakeholders and address their concerns.
- Identify opportunities to continuously improve processes to address inefficiencies and risks.
- Develop skills in relevant data and modelling software to contribute for development and implementation of best practice in pricing and modelling.

**What the ideal profile looks like**:

- Degree in Actuarial Studies, Mathematics, Statistics or Data Science
- Experience working in General Insurance lines of business
- Strong technical, analytical and mathematical skills
- Strong SQL and Excel skillsResults driven focus with an emphasis on producing outstanding results
- The ability to quickly build and maintain relationships with internal and external stakeholders, demonstrating exceptional customer service
- Strong time management and organisation skills, with the ability to multi-task and ‎prioritise your work, whilst working in a fast-paced environment
- Currently making good progress with examinations through the Institute of Actuaries of Australia (or equivalent).
- Strong analytical skills with the ability to collect, organise, analyse and disseminate significant amounts of information with attention to detail and accuracy
- Ability to communicate and interpret data to a variety of audiences
- Excellent written and verbal communication and presentation skills
- Ability to communicate complex ideas in a clear, concise manner both verbally and in writing
- Proven ability to foster and develop relationships with key external and internal stakeholders
- Excellent organisational skills and the ability to independently take initiative on projects
- Ability to adapt quickly to a start-up pace environment and culture
- Produce reports and analyze performance to maximize opportunity and market share

**Why Cover Genius?**

Cover Genius not only cares about being the best in our industry, we care about our team. We’re a business that understands life can be fluid and so we flex to ensure we provide the environment to suit that. What does that mean?
- Flexible Work Environment - we are outcome focussed and understand that for our people to perform at their best flexibility is critical. Soon after the declaration of the COVID-19 global pandemic the entire CG team was granted an extra 15 days of Wellness Leave to take throughout 2020.
- Employee Stock Options - we want our people to share in our success, we reward them with ownership for their contribution in creating a world