Lead Actuary

At QBE, we don’t just provide insurance – we make a positive difference in people’s lives. We’re committed to helping people and businesses protect themselves from risk, so they can focus on what they do best. We do this by being the most consistent and innovative risk partner for our customers, and a key part of the communities where we operate.

We have a fantastic opportunity to join our Actuarial Reserving team in either London or Leeds as a Lead Actuary, with responsibility for the continued growth of the reserving team supporting our Reinsurance Business. You will support with the management of reserving processes, take accountability for the coaching and mentoring of the team as well being able to translate complex scenarios to various stakeholders across the organisation. This is a hybrid role with a team that come in to the office 2 or 3 days a week for the moments that matter.

As a key Insurance hub, our UK offices support business written globally, giving the successful applicant broad exposure to different geographies and the opportunity to collaborate with colleagues around the world.  You will be a crucial piece in the overall support and provision of actuarial services, using our mature business processes, ensuring that business decisions are made using the best possible quantitative information.

Your New Role

• Use and assist with the development of appropriate systems and procedures to ensure accurate data is used and subsequently appropriate analyses produced. This is to include adopting efficient and consistent actuarial models and process and / or technologies where appropriate
• Maintain and comply with documentation of key processes and policies to ensure QBE Europe and its Divisions:
• Comply with all material legal and regulatory requirements
• Adhere to relevant actuarial standards and good practice
• Assist the Actuarial Manager to ensure that processes are aligned with business needs and fit for purpose
• Manage and monitor Actuarial process, where applicable, to ensure their continued delivery and improvement to meet
• Ensure that results are delivered to team timelines
• Reserving: Perform the forecasting of technical provisions, reserve margins and reserve uncertainties to support business analysis/MI for reports and accounts, business planning, profitability studies and commutations.
• Ensures technical quality of work. Is able to understand drivers of materiality
• Able to work way through complexity and explain to stakeholders’ key assumptions
• Ensures that work is appropriately reviewed and undertakes appropriate review
• Coach, develop and support direct reports

About You

• ​​Four plus years post Qualified Institute and Faculty of Actuaries or equivalent body
• Solid relevant General Insurance experience
• Effective communication and participation in discussions with wider business
• Strong abilities in the use and interpretation of numerical data
• Ability to organise own work and direct reports to meet deadlines
• Able to collaborate across the actuarial teams
• Good understanding of QBE and insurance business processes
• Understanding of risks and uncertainty of actuarial work

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 - because we know it’s not just what we do that matters, it’s how we do it that makes the difference.  In addition to this, we also offer flexible parental leave for both parents and have several employee network groups that support and empower our diverse workforce.

At QBE, we view our people as our most precious asset. We understand the importance of fostering a work environment that is responsive to the changing needs of today's workforce. 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. #LI-Hybrid

Some of the award’s QBE are proud to have won, been a finalist for, and shortlisted for include;

Employer of the Year 2022 Winner – Insurance Insider

British Claims Awards 2022 Winner - InsurTech Award

Insurance Times Claims Excellence Awards 2022 Winner - Claims Product Solution of the Year

Working Families Best Practice Awards 2021 Finalist for: Best COVID-19 Response

Insurance Post British Insurance Awards 2022 Shortlisted for: Best Customer Care, Diversity & Inclusion Initiative of the Year 2022, Specialist Insurer of the Year (for Construction), General Insurer of the Year

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

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 know that diversity of thought, background and experience enables better decision making, improves the quality of our delivery and helps us to meet the needs of our customers.

About QBE

QBE helps businesses build resilience through risk management and insurance.

QBE European Operations is part of QBE Insurance Group, one of the world’s leading international insurers and reinsurers and Standard & Poor’s A+ rated. Listed on the Australian Securities Exchange, QBE’s gross written premium for the year ended 31 December 2021 was US$18.5 billion.

As a business insurance specialist, QBE European Operations offers a range of insurance products from the standard suite of property, casualty and motor to the specialist financial lines, marine and energy. All are tailored to the individual needs of our small, medium and large customer base.

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

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 NOW! 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.

Please make the Talent Acquisition aware should there be any reasonable adjustments that may need to be made for the interview and the remainder of the recruitment process.

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.

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.