Actuarial Analyst

Time Type: Full time

Worker Type: Employee

Position: Actuarial Analyst

Location: London

Type: Permanent (Hybrid)

About QBE

At QBE, we get to the heart of what matters for our customers. And we do it all with a human touch.

We’re an international insurer with more than 13,000 people working across 26 countries. This means we’re big enough for your ambitions, yet small enough for you to make a real impact. It’s an exciting time as we’re building momentum towards our vision to become the most consistent and innovative risk partner.

As part of the QBE team, you’ll get to spend every day working with people who are passionate, talented, and kind.

Having the right to work in the UK is a requirement for this role. QBE may consider sponsorship at its discretion.

The Opportunity

Ready to take your actuarial career to the next level? The Strategy Planning and Performance (SPP) Team is on the lookout for a dynamic Actuarial Analyst to join our high-energy crew! This is your chance to make a real impact by partnering with underwriters and key business functions in a role that’s as exciting as it is varied.

Your new role

As an Actuarial Analyst with us, you won’t just crunch numbers—you’ll be an essential part of a fast-paced, evolving team that supports the entire Insurance Division.

You’ll dive into a diverse range of classes, from Property and Casualty to Financial Lines, Marine, and Energy, across both Lloyd's and Company business. If you're ready to tackle challenges and drive strategic insights, this is the role for you!

Main responsibilities:

• Dive into the full business planning process for key business lines, using a mix of actuarial techniques to calculate loss ratios and uncover insights.
• Contribute to strategic profitability analysis and reviews, getting a deep understanding of what drives performance across the board.
• Lead scenario testing and create "what-if" analysis for portfolios that are growing or undergoing changes.
• Conduct claims inflation reviews and use data to spot trends and make recommendations.
• Keep growing and developing your skills - access learning tools like DataCamp or other platforms to stay on top of the game.
• Help with DUA and broker profitability reviews, bringing fresh insights to the table.
• Get involved in case pricing - while not the main focus of the team, there’s an opportunity for hands-on pricing experience across all lines using both deterministic and stochastic techniques.

About you

We’re looking for someone who’s currently working through their actuarial exams and has a passion for data and tools like Python, Power BI, and SQL.

If you're a curious, detail-oriented problem solver who loves learning and collaborating with others, we want to hear from you!

Skills you’ll need:

• Some commercial experience in an actuarial role (e.g., pricing or reserving in General Insurance or Personal Lines).
• Analytical skills and a love for working with data.
• Solid Excel abilities, with a knack for spotting trends and summarising data.
• SQL experience is a plus—comfortable working with large data sets.
• A collaborative, flexible mindset and a self-starter who’s eager to learn and grow.

Benefits

We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances. As a QBE employee, you will have access to and benefit from:

30 days holiday a year with the option to buy up to 2 additional days.

Flexible working - balancing work and life is important so our flexible working opportunities are open to all, including part-time, job share, and compressed hours.

Pension: you are automatically enrolled into the QBE pension plan, which entitles you to receive employer contributions of 10% of your basic salary.

Private medical insurance: we fund fully comprehensive private medical cover for you and your family.

Family friendly policies: we offer 26 weeks leave at full pay regardless of gender identity, sexual orientation, or how you become a parent.

Short term remote work abroad: you can request up to 20 days per year to work remotely from certain locations abroad.

Sustainable investing: we believe sustainable integration is important for long-term financial, environmental, and social outcomes. Our pension strategy supports our net-zero goal to achieve year-on-year reductions in carbon footprint.

Cycle-to-Work: benefit from regular exercise whilst making your commute greener and cheaper, select a bike and/or accessories up to the value of £5,000.

Awards & Recognition

We value our employee’s experience with us and are proud to have been recognised for various awards.

Apply now and let’s make it happen!

If you’re looking for a career that combines your expertise and your empathy, apply today.

Your career. At the heart of it.

Skills: Actuarial Science, Analytical Thinking, Business Writing, Communication, Critical Thinking, Customer Service, Data Science, Detail-Oriented, Financial Modeling, Financial Risk Management (FRM), Intentional collaboration, Managing performance, Process Improvements, Risk Management, Stakeholder Management.

Equal Employment Opportunity:

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