Actuarial Analyst



QBE
Published
23.01.2025
Location
London, United Kingdom
Job Type
Hybrid Working Opportunity
TELECOMMUTE

London

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

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

Why QBE? At My Best 

 At QBE, we want our people to feel rewarded and inspired to perform at their best, that’s why we have created “At My Best”. It’s our connection, our way of showing we have your back. We understand that one size doesn’t 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. It’s in the culture of our business, our QBE DNA, to support our people. Everything we do is underpinned by our QBE DNA.

We’re an international insurer that’s building momentum towards realising our vision of becoming the most consistent and innovative risk partner. We can never really predict what’s around the corner, but at QBE we’re 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, we’re 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

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 Women’s 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 QBE’s 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 QBE’s 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 let’s make it happen!

 

We are proud supporters of Women in Data®.  Connect, engage and belong to the largest free female data community in the UK – visit: www.womenindata.co.uk to join our community.

Stay connected! Follow us on LinkedInfor updates on career opportunities and more.

 

APPLY HERE: Actuarial Analyst

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