Primary Details
Time Type: Full time
Worker Type: Employee
Reserving Actuary
Location: Leeds or London
Contract: 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 a Reserving Actuary to join our Actuarial Reserving team responsible for products across International Markets on a full time, permanent basis.
Your new role
Reporting to our Senior 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.
* 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, drive toward efficiencies in process, and challenge the status quo.
* Manage and monitor Actuarial process to ensure continued delivery and improvement.
* Ensure appropriate checks are performed within processes to minimize inaccuracies.
* Use and assist with the development of appropriate systems and procedures to ensure accurate data is used and analyses produced.
* Plan and execute existing projects with multiple components with minimal direction.
* Manage own workflow and work largely independently, escalating for support when needed.
* Build relationships with internal and external stakeholders to improve customer focus.
* Understand developments in the wider Actuarial community to stay abreast of current trends.
* Keep the bigger picture in mind, with the ability to think through longer-term implications and contribute to team strategic planning.
* Understand the impact of the regulatory environment on technical work.
About you
You'll have 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. That is 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. Our blend of wellbeing initiatives and benefits offers flexibility to suit what matters most to you.
Benefits:
* 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.
* 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, sexual orientation 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 by investing more in green businesses.
* Cycle-to-Work – select a bike and/or accessories up to the value of £5,000.
Inclusion and Accessibility
We are striving to create a workplace culture where all our people feel included and are committed to building a diverse workforce. We promote an accessible workplace for all, supporting candidates to perform at their best during their recruitment process.
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.
We believe this is our moment – what if it was yours too?
APPLY NOW and let’s make it happen!
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