QBE is hiring a
Reserving Actuary
Primary Details
- Time Type: Full time
- Worker Type: Employee
Reserving Actuary
London or Leeds
Permanent (Hybrid)
At QBE, our purpose is to enable a more resilient future.
The opportunity
We're looking for a Reserving Actuary to join our Actuarial Reserving team on a full time, permanent basis.
Your new role
Reporting to our Reserving Manager, you'll provide actuarial advice to the relevant business units, developing relationships with key stakeholders and ensuring technical quality of work undertaken.
You'll deliver quarterly reserving advice, input into business planning, reserve variability and business partnering to undertake deep dives into relevant segments of the portfolio, supporting Actuarial Manager as required.
Other responsibilities:
- 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.
- Support senior team members in working through complexity and explaining key assumptions to stakeholders
- Develop and coach student actuaries
- Have ability to supervise a small team, allocating responsibilities and managing priorities - providing performance feedback to team and professional guidance to junior team members
- Identify areas for continuous improvement, drives toward efficiencies in process, challenges the status quo
- Manage and monitor Actuarial process, where applicable, to ensure their continued delivery and improvement to meet
- Ensure appropriate checks are performed within processes to minimise inaccuracies, both on their own work and the review of others
- 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
- Plan and execute existing projects with multiple components with minimal direction
- Manages own workflow and works largely independently, escalating for support when needed
- Build relationships with internal and external stakeholders to improve customer focus
- Understand developments in wider Actuarial community to stay abreast of current development
- Keep bigger picture in mind, with ability to think through longer term implications and contribute to team strategic planning
- Understands impact of regulatory environment on technical work
About you
You'll have an experience of working within the actuarial function in a multinational financial services business, ideally within GI. You'll understand industry best practice in actuarial analysis, modelling and underwriting, and risk and compliance issues.
Skills you'll need:
- Experience in discussions with wider business and stakeholder management skills
- Experience in the use and interpretation of numerical data
- Experience in Excel and other analytical tools. Ability to develop sophisticated models to address business needs
- Ability to question established processes and suggest improvements
- Experience working in an agile manner, responsive to stakeholder requirements
- Influencing and collaboration skills
- Organisational skills
Why QBE? At My Best
At QBE, we want our people to feel rewarded and inspired to perform at their best, thatās why we have created āAt My Bestā. Itās our connection, our way of showing we have your back. We understand that one size doesnāt 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. Itās 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 itās not just what we do that matters, itās 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.
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 QBEās sustainability targets, including our net-zero pledges and inclusion of diversity targets, and our award-winning impact investment initiative āPremiums4Goodā, please visit our Sustainability homepage and read our latest Sustainability Report.
About QBE
We can never really predict whatās around the corner, but at QBE weāre asking the right questions to enable a more resilient future ā helping those around us build strength and embrace change to their advantage.
Weāre an international insurer thatās building momentum towards realizing our vision of becoming the most consistent and innovative risk partner.
And our people will be at the center of our success. Weāre proud to work together, and encourage each other enable resilience for our customers, our environment, our economies and our communities.
With more than 11,000 people working across 27 countries, weāre big enough to make a real impact, but small enough to provide a friendly workplace, where people are down-to-earth, passionate and kind.
We believe this is our moment ā what if it was yours too?
Your career at QBE ā letās make it happen!
What next?
If you have a passion to contribute to QBEās vision of enabling a more resilient future for our customers and the community, we encourage you to apply! Simply click the āapplyā 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.
APPLY NOW and letās make it happen!
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.