Primary Details Time Type: Full time Worker Type: Employee To support the provision of a range of Actuarial services to help ensure that business decisions are made using the best possible quantitative information and support Senior Actuarial Analyst London/ Leeds Permanent (Hybrid) At QBE, our purpose is to enable a more resilient future. We are an international insurer and reinsurer with a local presence in 27 countries. The opportunity We're hiring for a Senior Actuarial Analyst to join our London or Leeds team on a full time, permanent basis. In this role, you'll support the provision of a range of Actuarial Reserving services to help ensure that business decisions are made using the best possible quantitative information and support. What will you get in return?

Full actuarial study support including paid study leave and financial incentives linked to exam progress
Supportive, collaborative and fun working environment
A company where diversity and inclusion are much more than just buzzwords but rather philosophies which are anchored in our DNA
Be part of a company that writes a diverse global portfolio of insurance business and is one of the biggest players in the Lloyds/London market

Your new role In this role, you'll maintain close working relationships with the Underwriting divisions, and Claims, Reinsurance and Finance in order to gain a thorough understanding of the portfolios and their drivers of profitability. The Actuarial department strives for continuous improvement. We're supported by a dedicated combined in-house development team for database and system maintenance and development. This enables the teams to spend less time processing data and more time on analytical thinking. Main responsibilities:

Good quality data provides the bedrock of any solid actuarial analysis you will spend time preparing, validating, and analysing data for use in models.
Use your growing actuarial knowledge to help make parameterisation decisions e.g. how volatile should a particular distribution be? How much can we rely on the historical claims data when trying to model the future?
Help to calibrate and run models (e.g. reserving models, capital models etc.) and then analyse the outputs to make sure the results make real-world sense
Use the outputs of these models to help the company make better decisions e.g. should we buy an additional layer of reinsurance coverage or not? Should we continue writing a particular type of insurance business?
Reserving: support half yearly reserve assessments, monitoring performance with interim analyses including actual vs expected and portfolio analysis. Helping to provide business analysis/MI for reports and accounts.
Capital Modelling: assist in the preparation of Reserve Risk and Underwriting Risk parameterisation
Ensure to maintain the high standards of the actuarial profession by complying with all:
- Relevant actuarial standards and good practice
- Legal and regulatory requirements

About You Were looking for someone whos currently working through their actuarial exams and have some experience in Reserving ideally from within London Market General Insurance. Skills you'll need:

Communicate information in a clear, well-organised and professional manner
Comfortable in building and maintaining strong relationships both internally and externally
Ability to work independently
Strong skills in Excel and other analytical tools
Comfortable working with and interpreting numerical data
Ability to organise own work to meet deadlines
Demonstrated interest in enhancing knowledge; seeks opportunities to learn and grow

Why QBE? At My Best At QBE, we want our people to feel rewarded and inspired to perform at their best, thats why we have created At My Best. Its our connection, our way of showing we have your back. We understand that one size doesnt 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. Its in the culture of our business, our QBE DNA, to support our people. Everything we do is underpinned by our QBE DNA. Were an international insurer thats building momentum towards realising our vision of becoming the most consistent and innovative risk partner. We can never really predict whats around the corner, but at QBE were asking the right questions to enable a more resilient future helping those around us build strength and embrace change to their advantage.

QBE aims to build a workplace that is fair and inclusive because we want to attract and retain the best people to do the job, we have adopted flexible working across the company and welcome this conversation ( https://qbeeurope.com/careers/flex-qbe/ ).

With more than more than 13,000 people working across 27 countries, were big enough to make a real impact, but small enough to provide a friendly workplace, where people are down-to-earth, passionate, and kind.

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

At My Best - QBE Benefits You are more than your work and QBE is more than a workplace, which is why we provide you with the benefits, support and flexibility to help you concentrate on living your best life personally and professionally. 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. Flexible working - balancing work and life is important so our flexible working opportunities are open to all, this can include 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 all the 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, by investing more in green businesses than the broader market, so your savings are looking after the planet's future, as well as your own.

Cycle-to-Work benefit from regular exercise whilst making your commute greener and cheaper, select and bike and/or accessories up to the value of £5,000. To find out more visit our Reward Page

QBE Awards Some of the awards QBE are proud to have won, been a finalist for, and shortlisted for include;

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 Employer

You can view all our awards here

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 are proud to have partnerships with organisations such as Stonewall and Working Families, and our commitment to the Women in Finance Charter, the UN Womens Empowerment Principles and Race at Work charter helps keep us accountable and transparent. For more information on our strategy targets please take a look at our Careers Page

Accessibility Here at QBE, we are promoting an accessible workplace for all, which includes supporting candidates to perform at their best during their recruitment process. If you require any accommodations, please make your Talent Acquisition contact aware.

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 QBEs 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

What next? If you have a passion to contribute to QBEs 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. We believe this is our moment what if it was yours too? APPLY NOW and lets make it happen! #reserving #actuaryexams 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 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.

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Actuarial Analyst