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Data Scientist – Natural Perils Pricing

Job No: 672963

Sydney - Inner Suburbs & CBD, Brisbane - Inner Suburbs & CBD, Melbourne - Inner Suburbs & CBD

Max Term Full Time

Insurance, IT

Pay Band 5


  • Support climate risk analysis using AI-driven modelling solutions
  • 12-month contract opportunity
  • Sydney, Brisbane or Melbourne location

About the role

This Data Scientist role in Suncorp's Natural Perils Pricing team supports climate risk analysis using AI-driven modelling solutions. The focus is on leveraging neural networks to uncover insights into how extreme weather impacts risk costs, customers, and communities. You will collaborate with actuaries, climate scientists, and engineers, enhancing the team's climate research and model development. Additionally, the role involves supporting risk selection, insurance products, and stakeholder engagement.

What you'll do

  • Apply neural network modelling techniques to uncover connections between climate and insurance domains.
  • Develop solutions to complex, non-obvious problems, ensuring scientific robustness by integrating earth system science into models.
  • Implement research findings into natural peril pricing and insurance products.
  • Collaborate across functions, providing data science insights and clear communication on complex topics to senior leadership.

What you'll bring 

  • PhD or master’s in earth systems science, physics, engineering, computer science, data science, or actuarial (required).
  • 3+ years of experience in AI-driven modelling (e.g., computer vision, medical imaging, nonlinear dynamics, climate).
  • Proficiency in artificial neural networks (e.g., CNNs, RNNs, GANs, GNNs, Diffusion models) and cloud-based technologies (CUDA API, parallel computing).
  • Expertise in model design, testing, validation, and advanced programming (Python, PyTorch, TensorFlow); additional languages like R, C++, Java are beneficial.
  • Strong data extraction skills using SQL, SAS, and similar tools.

What we can offer you

  • Competitive benefits package and excellent work culture
  • Excellent discounts on a range of retail favourite stores as well as insurance products
  • A range of flexible working and leave options, including 20 weeks paid parental leave and unlimited paid emergency response leave
  • Invest in your brighter future with ongoing study support and career development programs

About Suncorp Group

Suncorp Group is all about making a difference for people and in the communities, they call home. Few areas of our business are quite as foundational in making that difference as our Claims teams. They provide support and understanding for customers in some of their most challenging times, while finding outcomes that get their lives back on a healthier, happier path. That takes a special kind of person. Someone who can pick up the ins and outs of insurance processes – and deliver it to customers in a way that feels refreshingly simple. Someone who’s naturally empathetic and finds joy and pride in making a genuine difference – because you’ll be doing that from the moment you start work each day.

Apply now

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Advertised: AUS Eastern Standard Time
Applications close: AUS Eastern Standard Time

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