**Primary Details
Time Type: Full time Worker Type: Employee
Lead Actuary
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
We're looking for an enthusiastic Lead Actuary to join our Strategy, Performance and Planning team on a full time, permanent basis.
Your new role
Reporting to the Actuarial Manager, you'll be supporting our Insurance Division in strategic portfolio level profitability analysis and thematic reviews which will assist and influence underwriting decisions. You'll work across various lines of business with exposures across a range of geographic territories and have leadership responsibilities.
Other responsibilities:
- Driving expected ultimate losses per portfolio (on both an ‘as is' and a ‘go forward' basis allowing for quantifiable changes to strategy).
- Identifying areas of strength and weakness in the Plan through segmentation analysis
- Recommending actions to address any weaknesses or enhance the strengths through identifying the levers available to improve the underwriting result
- Carrying out scenario and sensitivity testing on the Business Plans to ensure the robustness and effectiveness of any changes
- Peer reviewing DUA and broker profitability reviews.
- Analysing claims inflation trends and considering factors influencing inflation for input into the central inflation management group
- Support with outwards reinsurance placements and discussions
- Provide input to pricing models, applying knowledge of business performance, trends and driving factors to assist Pricing Actuarial colleagues in the model review process
- Case Pricing – although not part of the planning function, providing resource support to the pricing team for case pricing reviews.
About You:
This role will suit you should you have General Insurance background and be fully qualified Actuary.
- Ability to articulate analysis to wide range of partners (both internal and external)
- Ability to engage collaboratively with stakeholders bringing a range of business perspectives
- Persuading and influencing skills both directly and indirectly
- Presentational skills
- Experience in Microsoft Excel and SQL
- Knowledge of software and programming languages such as Python, R, Power BI, Tableau and Visual Basic is desirable
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 (https://careers/flex-qbe/).
#LI-Hybrid
Some of the award's QBE are proud to have won, been a finalist for, and shortlisted for include:
5-star Diversity, Equity and inclusion (DEI) awards, 2023 Winner - Insurance Business Canada
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.?
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 (Link).