Reinsurance Pricing Actuary (L&H)

Primary Details

Time Type: Full time

Worker Type: Employee

Reinsurance Pricing Actuary (LAH)

Location: London / Brussels

Type: Permanent (Hybrid)

About QBE

At QBE, we get to the heart of what matters for our customers. We’re an international insurer with more than 13,000 people working across 26 countries, which 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 build momentum towards our vision to become the most consistent and innovative risk partner. 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

QBE Re is the reinsurance arm of QBE Insurance Group, operating globally to deliver tailored risk solutions across a wide range of sectors. Our Brussels and London office plays a strategic role in supporting international operations, combining local market insight with the strength of a global network.

We are looking for a Reinsurance Pricing Actuary to join one of our teams (in Brussels or London), supporting the pricing and profitability of QBE Re’s LAH (Life, Accident & Health) reinsurance portfolio. The role involves close collaboration with underwriting and actuarial stakeholders to develop robust pricing methodologies, enhance models and tools, and support sustainable, profitable growth across international markets.

Your new role

• Provide support to plans to deliver the pricing strategy.
• Provide support on pricing projects to improve pricing techniques and processes for profitable growth.
• Ensure compliance with internal governance, actuarial, and regulatory standards.
• Build and maintain relationships with key external and internal stakeholders to improve pricing models.
• Develop pricing tools and rates to ensure robust methods are adopted by the business.
• Support the continuous development of minimum pricing standards and methodologies.
• Investigate and understand the range of models and rating tools used in divisions to identify weaknesses and strengths.
• Able to develop and modify complex actuarial models.
• Identify new opportunities for actuarial analysis and drive efficiencies.
• Present clear and well-organised analyses to appropriate audiences.
• Coordinate and oversee the work of professionals, including mentoring.
• Develop solutions to proactively ensure ongoing profitability of products.
• Maintain quality controls and standards throughout processes.
• Analyse and interpret data independently to support business decisions.

About you

We're looking for a motivated and technically capable actuary with a solid foundation in pricing and actuarial modelling, ideally within LAH insurance or reinsurance.

Skills and background you’ll need:

• A minimum of five years’ relevant actuarial experience, ideally within LAH insurance or reinsurance.
• Proven experience in actuarial pricing analysis and predictive modelling.
• A strong understanding of general insurance, with experience in reserving considered a strong advantage.
• Strong analytical, problem-solving, and communication skills, with the ability to translate complex analyses into clear business insights.
• A proactive mindset, with the ability to identify improvement opportunities and drive efficiencies.
• Ability to work independently and to organize own work to meet deadlines.
• Active participation in the development of the knowledge of the team via knowledge sharing.

Qualifications

• University degree (or equivalent combination of education and experience), preferably in actuarial science, mathematics, statistics, or a related quantitative field.
• Actuarial qualification or progress towards actuarial certification is preferred.
• Strong knowledge of Microsoft Office, particularly Excel.
• Practical knowledge or exposure to programming in at least one of the following: VBA, Python, or R.
• Fluent English is required; being French or Dutch native is a plus if based in Brussels.

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.
• 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:

• Winner of Excellence in Diversity, Equity & Inclusion Award 2025 at the Insurance Business Australia Awards for our Respect program.
• Insurance Post British Insurance Awards 2025: Winner: Commercial Lines Insurer of the Year, Winner: Reinsurer of the Year - QBE Re, Winner: ESG, Diversity, Equity and Inclusion Initiative of the Year, Winner: Insurance Personality of the Year - Chris Wallace, Executive Director UK insurance.
• AXCO Global Insurance Awards 2024 Winner: Network Management of the Year.
• Insurance Business UK 5-Star Cyber Awards 2024: QBE rated as a 5-Star Cyber Insurer.
• UK IT Industry Awards 2023 Winner: Green Technology Innovation of the Year.
• Working Dads Employer Awards 2023 Winner: Parental Policies Award.
• Insurance Post British Insurance Awards 2023: QBE rated as a 5-Star Employee.

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
• Critical Thinking
• Decision Making
• Financial Products
• Intentional Collaboration
• Managing Performance
• Price Modelling
• Problem Solving
• Process Improvements
• Risk Management
• Sound Judgment
• Stakeholder Management
• Statistical Analysis Software (SAS)
• Waterfall Model

Equal Employment Opportunity:

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