Actuarial Analyst (Reserving)
Actuarial Analyst (Reserving)
Apply locations Leeds, United Kingdom
Time Type: Full time
Posted on: Posted Yesterday
Job requisition id: 330382
Primary Details
Time Type: Full time
Worker Type: Employee
Leeds
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 Actuarial Analyst to join our Reserving Reinsurance team based in our Leeds office. You'll have the unique opportunity to work across lines of business written in both the Lloyds Market and London Market, without the need to be based in London.
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'll 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.
Main responsibilities:
* Supporting the forecasting of regular Technical Provisions, Reserve Margins, and Reserve uncertainties to provide appropriate analysis for reports and accounts, business planning, profitability studies and commutations.
* Monitoring and reviewing reserve assessments with interim analyses including actual vs expected, large loss and catastrophe event reporting, business planning.
* Investigating drivers of Reserve changes and communicating to the Reserving Manager.
* Using appropriate systems and established procedures to ensure accurate data is used and subsequently appropriate analyses produced.
* Building and maintaining relationships with internal and external stakeholders to strengthen customer focus.
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'll need:
* Understanding of industry best practice in actuarial analysis, modelling and underwriting.
* Good understanding of detailed reports and the ability to analyse them is important.
* 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, 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.
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, and we are committed to building a diverse workforce that reflects the communities we operate in.
Accessibility
Here at QBE, we are promoting an accessible workplace for all, which includes 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.
APPLY NOW and let’s make it happen!
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