Actuarial Specialist

Primary Details

Time Type: Full time

Worker Type: Employee

• Location: Sydney, NSW
• Type: Permanent, full time
• Hybrid role, happy to talk flexible working

The Opportunity

We are seeking a technically strong Actuarial Specialist to join our Business & Consumer (B&C) Actuarial team.

This role will be a technical specialist position, offering the opportunity to perform in-depth analysis to unlock deeper insights and perform work beyond core reserving responsibilities.

The remit of the role will also include leading project work across a wide array of portfolios under the B&C umbrella, which include Property, Casualty or Liability, Specialty, and Lenders Mortgage Insurance.

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 – which means we’re big enough for your ambitions, yet small enough for you to make a real impact.

It’s an exciting time. We’re building momentum towards our vision to become the most consistent and innovative risk partner.

What if you could have a positive impact – at work and in the world? As part of the QBE team, you’ll get to spend every day working with people who are passionate, talented, and kind.

Your new role

This role combines core reserving responsibility with broader actuarial advisory and project work across QBE’s Business & Consumer portfolio, helping drive stronger insights, better decision-making, and portfolio performance.

You will:

• Deliver key components of the quarterly reserving process for specialty products, ensuring robust analysis, consistency, and alignment to agreed standards.
• Build strong relationships with stakeholders and communicate clear, well-structured insights to both senior and non-technical audiences.
• Provide actuarial advice to support the business, including analysis of large commercial accounts, renewals, and input into commercial terms such as profit-sharing arrangements.
• Enhance segmentation across policyholder and claims dimensions, strengthen reserving assumptions, contribute actuarial input into pricing for large commercial accounts, and develop claims initiative measurement and tracking.
• Support strategic projects across one or more B&C products, including portfolio transactions, scenario modelling, and participation in cross-functional working groups.
• Contribute to improving end-to-end understanding of portfolio performance across B&C products by bringing insights from pricing, capital, reinsurance, and broader AUSPAC strategy.

About You

To be successful in the role you will have:

• Qualified actuary, or close to qualification, with strong general insurance reserving experience across property and casualty classes.
• Deep technical capability, with the ability to apply sound actuarial judgement to complex problems.
• Exposure to pricing, reserving, or portfolio analytics within commercial lines is highly regarded.
• Strong stakeholder management skills, with the ability to translate technical analysis into clear business insights.
• Proactive, commercially minded, and driven to improve outcomes through continuous improvement.
• Experience using actuarial and data tools such as R, Python, SAS, or similar, with an innovative and creative mindset.

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:

• ‘Hybrid Working’ – a mix of working from home and in the office to enhance your work/life balance.
• Life Leave, supporting the life events we all experience, leaving your annual leave for rest.
• 18 weeks’ gender-equal flexible leave for all new parents, including paid super.
• A range of discounts on insurance products, car hire, hotels, goods, and services.

Rewards & Recognition

We value our employee’s experience with us and are proud to have been recognised for the following awards:

• 2025 Winner of Excellence in Diversity, Equity & Inclusion Award at the Insurance Business Australia Awards for our Respect@QBE program.
• Platinum employer on the Australian Workplace Equality Index (AWEI) – the definitive national benchmark on LGBTQI+ workplace inclusion.
• Ranked in the top ten in the AAGE Top Graduate Employers 2025 for medium sized program as voted by graduates.

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.

Successful applicants will need to complete work rights, police, and credit checks through our online provider as a condition of employment.

QBE recognises the value of diverse perspectives and experience. We are committed to an inclusive workplace where everyone feels valued and respected for who they are.

Skills:

Actuarial Science, Analytical Thinking, Cost Management, Critical Thinking, Customer Service, High Accuracy, Intentional Collaboration, Managing Performance, Persuasion, Risk Management, Solvency II, Statistical Analysis Software (SAS), Statistical Data Analysis, Team Development, Time Management.

Application Close Date: 01/06/2026 11:59 PM

Equal Employment Opportunity:

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