When it comes to the Gender Pay Gap, we’ve made great strides but know we still have work to do. According to The Workplace Gender Equality Agency, the Financial and Insurance Services industry has the third highest gap in Australia, currently sitting at 19%. Suncorp’s Gender Pay Gap is 18.1%, and we’re aiming to reduce this to 15.5% by 30 June 2025.
Innovating Women explores career paths and turning points, barriers to equality, and how these women are championing innovation at Suncorp.
Nandini Prattipati | Product Design Specialist, Consumer Insurance, Product & Portfolio
Tell us a little about yourself; who inspired your unorthodox attitude towards a career path?
"I was born in India and moved to Melbourne, Australia when I was four. It was shortly after graduating from university that I started with Suncorp. I was looking for somewhere I could invest and grow long term. I didn't want to jump around; I looked for culture and longevity in terms of future opportunity and career growth. I’ve now been here just over seven years, and I've had a wild ride having had roles across Distribution, Claims and Portfolio teams. Early in my career I was presented with two choices; a ‘traditional’ pathway (graduate, complete a graduate program and roll into a permanent role) or choose the unknown. I chose the latter, which landed me my first leadership role. I’m a naturally inquisitive person, so learning and being challenged are key drivers in the types of roles or skills I gravitate to. I want to challenge myself even if that means jumping in the deep end.
The second was realising that not every role is the ‘perfect’ role - it can’t be everything you want. I accepted a role that was 70-80% of what I could work with or wanted, and it turned out to be one of my favourite experiences to date. I am an extrovert but that doesn’t have to be everyone’s personality trait to be able to make an impact.
Thinking about what the private sector can do to accelerate an open, safe and equal future for women, what do you feel would be the most transformative commitments we could make?
"Whilst we’ve certainly made progress there is a long road ahead to achieving equality in the workplace. A few things come to mind, especially for working mothers / primary carers: implementing ‘blind’ recruitment screening (removing name, age, and gender) so skillsets and accomplishments are a primary focus in the hiring process. Additionally, continuing to support flexible working arrangements so that primary carers don’t have to make a choice between being a parent and pursuing a career.
Statistics also show that women feel less confident in making large financial decisions. When designing or thinking about product offerings, we need companies in the private sector to be actively thinking about accessibility, inclusivity, and vulnerable groups, designing in a way that supports education and increasing confidence in financial literacy."
Tell us about a piece of work you've been involved in while at Suncorp that has helped or is helping to disrupt "business as usual" and create a more equal future for women
How do you encourage innovation in your team, and have you found that it has paid off?
What advice do you have for those who might not be used to thinking about gender equality in their work?
"If it’s not a conscious thought process or consideration already, it’s the small things that can make longer term shifts. If you’re not a cheerleader or advocate, don’t be a hurdle, either. Take time to understand how the other individual is processing information or consider their circumstances - especially if they are different from your own. Every person learns and is driven by different things, not every individual’s strength can be unlocked or even approached in the same way. Being able to individualise approach or understanding their circumstances helps to unlock potential is very rarely a one size fits all.
Just because something has been done in a certain way in the past doesn’t mean that’s how it needs to always be done. The world we live in has changed significantly so take what has worked well and adapt that to the workplaces of today."