Pricing Graduate – Satellite - IAG at IAG Australia
What is it like as part of your rotations: What division were you in and what did you learn/get involved in? Typical day?
My first rotation was as a P&L Analyst in the Portfolio team at Satellite. I was introduced to how an insurance business runs, ranging from Top Line growth (New Business and Renewals) and Bottom line (Claims, Expenses). It gave me an overall view of the business and I was able to provide valuable inputs in weekly and monthly meetings with Coles. This not only helped me in understanding and explaining data but aided me in developing strong communication skills and stakeholder relationships. I was also involved in a Budget development model from scratch, seeing how all the facets of the business create a profit.
I’m currently a Pricing Analyst in the Product and Pricing team, where I have been involved in Natural Perils, seeing how policies are priced at a technical rate, and diving deep down into what goes into creating that magical quote number at the end of the process. Recently, I have been introduced to IAG’s pricing capability and software and are looking to develop new ways that can improve the current process we have.
At Satellite, every day is different, which makes it even more rewarding; there’s always something new to learn and conquer. I begin my workday with e-mail skimming, where I assign myself the tasks that I need to get through the day, on priority levels. Throughout the day I’m working, attending meetings, or just figuring out what to eat for lunch out here in Pyrmont! The day usually winds up with a table tennis session or a board games night just to relax.
Describe in three words your experience on the graduate program so far…
Challenging, Educational & Fun
What has the support network at IAG been like for you as a Grad?
Everyone involved, including my managers and colleagues, to the graduates and buddies, have been great, providing support whenever and wherever. At IAG, if you need help with anything, require the assistance of any kind, there’s always someone who can lend a helping hand. The caring nature really comes through in all employees at IAG, with strong study support arrangements and a highly flexible work lifestyle.
What has been the most memorable experiences you have had on the Grad program?
Working here and being part of the first graduate intake at Satellite has been memorable in its own way. There have been countless challenges to overcome, but things that stand out are the conferences we’ve had, bringing together all employees from Satellite for 2 days, travelling to and working in the Melbourne for a piece of work with Coles and the 90-day Business Case Challenge.
If you could give 1 piece of advice to a student applying for the Graduate Program, what would it be?
Just be yourself. The graduate program provides you with a multitude of opportunities for learning and working in different areas of the business. It’s important to be confident and to strive to the best of your ability.