QBE logo


Share this job:

View all jobs at QBE

QBE is hiring an

Actuarial Analyst

Primary Details

Time Type: Full time

Worker Type: Employee

Actuarial Analyst

The Strategy Planning and Performance Team (SPP) are looking for an Actuarial Analyst who wants to continue their actuarial career by partnering with underwriters and key business functions in this varied and exciting role.

As an Actuarial Analyst you will form an integral part of this evolving team, which provides support to the entire Insurance Division business.

The individual in this role will have the opportunity to support and provide actuarial analysis for a wide range of classes of business including Property, Financial Lines, Casualty, Marine and Energy, covering both Lloyd’s and Company business.

Your Role:

  • Input into the end-to-end business planning process for designated lines of business, including derivation of loss ratios using varied actuarial techniques
  • Assisting with strategic portfolio level profitability analysis and thematic reviews, building complete understanding of all factors driving underlying performance.
  • Scenario testing and producing as-if analysis for portfolios undergoing growth or remediation
  • Carrying out claims inflation reviews and data driven analysis
  • Involvement in capital model underwriting risk parameterisation process
  • Liaison with Accumulation Management team on modelling outputs and their use in SPP team processes
  • Continued personal development – through DataCamp subscription or other learning platforms
  • Assisting with DUA and broker profitability reviews.
  • Case Pricing – although not explicitly part of the Strategy Planning and Performance function, continued pricing development would be available from individual risk pricing across all lines of business, applying both deterministic and stochastic techniques.

About You:

  • Some previous commercial experience within an actuarial function, e.g. pricing or reserving
  • Undertaking actuarial studies with progress being made through core principles exams
  • Highly numerate and analytical individual, with a proven track record of success
  • Good verbal and written communication skills with the ability to take initiative, manage your own workload and multitask, with meticulous attention to detail
  • Logical mind set with the ability to analyse trends and make decisions as a result
  • Good Excel skills, has the ability to interpret and summarise large data sets to quickly begin to identify trends and profitability
  • SQL experience is preferable – confidence manipulating and reconciling large data sets

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.

In addition to this, we also offer flexible parental leave for both parents and have several employee network groups that support and empower our diverse workforce.

Some of the award’s 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 2022Winner– 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 organisations 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.

We know that diversity of thought, background and experience enables better decision making, improves the quality of our delivery and helps us to meet the needs of our customers.

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.

For further information regarding QBE’s sustainability targets, including our net-zero pledges and inclusion of diversity targets, and our award-winning impact investment initiative ‘Premiums4Good’, please visit our Sustainability homepage and read our latest Sustainability Report.

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!

To find out more about why you should work for QBE, visit our careers website.

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!

How to Apply:

To submit your application, click “Apply” and follow the step-by-step process.

Equal Employment Opportunity:

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

View all jobs at QBE