Pricing Actuary (Reinsurance)

Primary Details

Time Type: Full time

Worker Type: Employee

Pricing Actuary

London or Brussels (Hybrid)

Full-time

Permanent

The Opportunity

Are you an actuary who enjoys being close to the deal and influencing commercial outcomes?

This is a front-end pricing role where you’ll work alongside Underwriting to help shape profitable reinsurance decisions across a diverse Property & Casualty portfolio.

You’ll be hands-on with complex, high-value transactions, partnering with brokers and underwriters from initial analysis through to bind.

With exposure to a wide range of products and close collaboration with global actuarial colleagues, this role offers strong development, visibility, and impact.

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

• Analyse and price reinsurance treaty business and ensure conclusions and recommendations are analytically robust and clearly supported by data and models.
• Present complex analyses in a clear, structured manner to both technical and non-technical audiences.
• Provide support to underwriters to negotiate terms and structures to meet business goals. This may involve supporting underwriters in broker meetings and calls.
• Maintain and continuously improve actuarial methodologies, models, and reporting practices to meet evolving business needs.
• Develop monitoring and ad-hoc reporting to track pricing performance, profitability, and variance from expectations.
• Perform deep-dive portfolio and product analyses, identifying performance drivers, trends, and emerging risks.
• Proactively identify and evaluate opportunities to improve portfolio mix, pricing actions, and underwriting strategies.
• Contribute to business planning and forecasting.
• Build and maintain strong internal and external stakeholder relationships, delivering timely, relevant, and actionable insights. Internal stakeholders include underwriting, claims, finance, and senior leadership.
• Foster a culture of technical excellence, accountability, and continuous improvement within the actuarial function.

About you

• Actuarial pricing experience within Property & Casualty insurance or reinsurance.
• Experience developing, reviewing, or enhancing actuarial models and assumptions.
• Confidence working independently on complex analysis while collaborating closely with Underwriting.
• The ability to communicate pricing insights clearly to non-technical audiences.
• Experience using analytical or programming tools such as VBA, SQL, R, or similar.
• Actuarial qualification or progress toward qualification (e.g. FCAS, ACAS, FIA, IFOA, or equivalent).

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:

As well as the benefits below, we also offer an extensive choice of other options to suit you!

• 30 days holiday a year with the option to buy up to 2 additional days.
• 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 all the family.
• Short term remote work abroad - you can request up to 20 days per year to work remotely from certain locations abroad.

Awards & Recognition

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

• 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.
• 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, click Apply today.

Your career. At the heart of it.

Skills:

Actuarial Science, Analytical Thinking, Conflict Resolution, Critical Thinking, Decision Making, Financial Products, Intentional collaboration, Managing performance, Performance Management (PM), Problem Solving, Project Scoping, Risk Management, Sound Judgment, Stakeholder Management, Statistical Analysis Software (SAS).

Application Close Date: 08/06/2026 11:59 PM

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.