Actuarial Analyst (Reserving)

Time Type: Full time

Worker Type: Employee

Position: Actuarial Analyst (Reserving)

Location: Leeds

Type: 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 are looking for an Actuarial Analyst to join our Reserving Reinsurance team based in our Leeds office. You will have the unique opportunity to work across lines of business written in both the Lloyds Market and London Market.

As a key Insurance hub, our UK offices support business written globally, giving you broad exposure to different geographies and the opportunity to collaborate with colleagues around the world.

Your new role

Reporting to our Lead Actuary, you will be a crucial piece in the overall support and provision of actuarial services, ensuring that business decisions are made using the best possible quantitative information.

Main responsibilities:

• Supporting the forecasting of regular Technical Provisions, Reserve Margins, and Reserve uncertainties.
• Monitoring and reviewing reserve assessments with interim analyses.
• Investigating drivers of Reserve changes and communicating to the Reserving Manager.
• Using appropriate systems and established procedures to ensure accurate data is used.
• Building and maintaining relationships with internal and external stakeholders.

About you

We would love to hear from you if you have a good understanding of how an Actuarial Department works, have some reserving experience, and are eager to advance your career.

You need to work well with others and be proactive and self-motivated in driving tasks forward.

Skills you will need:

• Understanding of industry best practice in actuarial analysis, modelling, and underwriting.
• Good understanding of detailed reports and the ability to analyse them.
• Communication, time management, and organizational skills.
• Experience using MS Office applications such as Word, Excel, and PowerPoint, and knowledge of a programming language e.g. SAS, SQL.
• Preference for General Insurance, open to Personal Lines.

Why QBE? At My Best

At QBE, we want our people to feel rewarded and inspired to perform at their best. We have created “At My Best” to support our people with a blend of wellbeing initiatives and benefits that offer flexibility to suit what matters most to you.

QBE Benefits:

• 30 days holiday a year with the option to buy up to 2 additional days.
• Flexible working opportunities including part-time, job share, and compressed hours.
• Pension: automatically enrolled into the QBE pension plan with employer contributions of 10% of your basic salary.
• Private medical insurance: fully comprehensive private medical cover for you and your family.
• Family friendly policies: 26 weeks leave at full pay regardless of gender identity or how you become a parent.
• Short term remote work abroad: request up to 20 days per year to work remotely from certain locations abroad.
• Sustainable investing: our pension strategy supports our net-zero goal.
• Cycle-to-Work: benefit from regular exercise whilst making your commute greener and cheaper.

QBE Awards:

Some of the awards QBE is proud to have won 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

Inclusion of Diversity

We are striving to create a workplace culture where all our people feel included. We are committed to building a diverse workforce that reflects the communities we operate in.

Accessibility

We promote an accessible workplace for all, supporting candidates to perform at their best during the recruitment process.

What next?

If you have a passion to contribute to QBE’s vision of enabling a more resilient future, we encourage you to apply! Simply click the “apply” button to submit your CV and other relevant documents.

We believe this is our moment – what if it was yours too?

APPLY NOW and let’s make it happen!

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

Equal Employment Opportunity:

QBE is an equal opportunity employer and complies with equal employment opportunity legislation in each jurisdiction it operates.