Actuary (Reinsurance Pricing)

The Opportunity:

We are looking for a Reinsurance Pricing Actuary to join our QBE Re team in London. This is an exciting opportunity to work within a collaborative environment across several stakeholders, including claims, underwriting, and finance. Supporting the pricing manager, you will be delivering case pricing, developing pricing tools, and conducting actuarial studies to ensure appropriate business decisions are made. This is an international role giving you the opportunity to collaborate with colleagues across the world including Brussels, New York, Dublin, and Bogota.

With hybrid office working and excellent benefits including 30 days holiday, you will be working in a supportive and inclusive environment. We’re the down-to-earth, international insurer that is neither too big nor small, so you can make a real impact!

Your New Role:

• Awareness and understanding of the business drivers for the function
• Use and assist with the development of appropriate systems and procedures to ensure accurate data is used and subsequently appropriate analyses produced. This is to include adopting efficient and consistent actuarial models and process and / or technologies where appropriate
• Maintain and comply with documentation of key processes and policies and with legal and regulatory requirements
• Adhere to relevant actuarial standards and good practice
• Meet all internal European and / or global internal reporting requirements
• Assist the Actuarial Manager to ensure that processes are aligned with business needs and fit for purpose
• Pricing: Perform the development of pricing tools and rates and the review of premium/rating methods to ensure that methods adopted by the business are robust/valid
• Case Pricing: perform actuarial pricing/risk assessment of complex reinsurance treaties for all lines of business as required
• Support the underwriters by performing portfolio/market actuarial analyses and provide the results to the underwriting teams.

About You:

• Excellent communication skills with the ability to build rapport and manage stakeholder relationships
• Ability to persuade and influence both directly and indirectly
• Good technical knowledge in Excel and other analytical tools with the ability to develop sophisticated models to address business needs
• Strong numeracy and data analysis skills with the ability to identify, manipulate and analysis existing data
• An Actuarial qualification or working towards

Why QBE? At My Best

At QBE, we want our people to feel rewarded and inspired to perform at their best, that’s why we have created “At My Best”. It’s our connection, our way of showing we have your back. We understand that one size doesn’t fit all and that priorities can change depending on your life stage. That is why our blend of wellbeing initiatives and benefits offer flexibility to suit what matters most to you.

It’s in the culture of our business, our QBE DNA, to support our people. Everything we do is underpinned by our QBE DNA - because we know it’s not just what we do that matters, it’s how we do it that makes the difference.

Some of the awards QBE are proud to have won, been a finalist for, and shortlisted for include:

• 5-star Diversity, Equity and inclusion (DEI) awards, 2023 Winner - Insurance Business Canada
• Employer of the Year 2022 Winner – Insurance Insider
• British Claims Awards 2022 Winner - InsurTech Award
• Insurance Times Claims Excellence Awards 2022 Winner - Claims Product Solution of the Year
• Working Families Best Practice Awards 2021 Finalist for: Best COVID-19 Response
• Insurance Post British Insurance Awards 2022 Shortlisted for: Best Customer Care, Diversity & Inclusion Initiative of the Year 2022, Specialist Insurer of the Year (for Construction), General Insurer of the Year

We are proud to have partnerships with organizations such as Stonewall and Working Families, and our commitment to the Women in Finance Charter, the UN Women’s Empowerment Principles and Race at Work charter helps keep us accountable and transparent.

Inclusion of Diversity

We are striving to create a workplace culture where all our people feel included, and we are committed to building a diverse workforce that is reflective of the communities we operate in.

ESG & Sustainability

At QBE, we believe that integrating sustainability into our business helps us deliver on our purpose of enabling a more resilient future. Our three key focus areas include fostering an orderly and inclusive transition to a net-zero economy, enabling a sustainable and resilient workforce and partnering for growth through innovative, sustainable and impactful solutions.

About QBE

We can never really predict what’s around the corner, but at QBE we’re asking the right questions to enable a more resilient future – helping those around us build strength and embrace change to their advantage.

We’re an international insurer that’s building momentum towards realizing our vision of becoming the most consistent and innovative risk partner.

And our people will be at the center of our success. We’re proud to work together, and encourage each other enable resilience for our customers, our environment, our economies and our communities.

With more than 11,000 people working across 27 countries, we’re big enough to make a real impact, but small enough to provide a friendly workplace, where people are down-to-earth, passionate and kind.

We believe this is our moment – what if it was yours too?

Your career at QBE — let’s make it happen!

What next?

If you have a passion to contribute to QBE’s vision of enabling a more resilient future for our customers and the community, we encourage you to apply! Simply click the “apply” button to submit your CV and other relevant documents, and a member of our friendly Talent Acquisition team will be in contact to discuss your interest further if you meet the requirements of the role.

Please make the Talent Acquisition aware should there be any reasonable adjustments that may need to be made for the interview and the remainder of the recruitment process.

APPLY NOW and let’s make it happen!

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.