Primary Details
Time Type: Full time
Worker Type: Employee
The purpose of this role is to provide expert actuarial advice to business units, ensuring technical excellence in biannual reserving advice, business planning, and deep dives into portfolio segments. Additionally, the role involves developing relationships with key stakeholders, direct line management responsibilities of up to 5 people, coaching student actuaries, and supporting the Senior Reserving Manager as needed. The role also includes taking ownership of relationships with underwriters, claims, and finance representatives, leading a team of actuaries, and providing professional guidance on reserving advice, business planning, and portfolio analysis.
Lead Actuary
Location: London/Leeds
Type: Permanent (Hybrid)
The Opportunity:
We're looking for a Lead Actuary to join our Reserving team on a full time, permanent basis.
Your new role:
Reporting to the Senior Reserving Manager, you'll provide actuarial advice to the relevant business units and act as the point of contact with key Underwriter, Claims, and Finance representatives. You'll deliver quarterly reserving advice, input into business planning, reserve variability, and business partnering to undertake portfolio analyses into relevant segments of the portfolio, supporting the actuarial manager as required.
Other responsibilities:
* Supporting the Motor, Liability, Packages & Credit reserving team
* Focusing on the following aspects of the portfolio:
* Delivery of reserving results and post reserving processes
* Delivery of regular actual vs. expected analysis
* Reserving and UW variability parameterization in conjunction with the capital team
* Supporting business planning discussions
* Performing ad-hoc portfolio analyses on key portfolios of interest
* Building and maintaining relationships with internal and external stakeholders to improve customer focus
* Clearly communicating results, key issues, sensitivities, and uncertainties
* Coaching and management of junior team members
About You:
* Post Qualified Institute and Faculty of Actuaries or equivalent body
* Understanding of industry best practice in actuarial analysis, modelling, and underwriting
* London Market / General Insurance background
* Knowledge of UK Motor & Liability insurance business would be an advantage
* Ability to effectively coordinate and work across a wide range of teams and departments
* Understanding of compliance issues
* Understanding of risks and uncertainty of actuarial work
* Understanding of developments in the actuarial profession
* Understanding of accounting environment and regulatory regimes
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.
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 plan with employer contributions of 10% of your basic salary.
* Fully comprehensive private medical cover for you and your family.
* 26 weeks leave at full pay regardless of gender identity, sexual orientation, or how you become a parent.
* Up to 20 days per year to work remotely from certain locations abroad.
* Cycle-to-Work scheme up to the value of £5,000.
To find out more about why you should work for QBE, visit our careers website.
Equal Employment Opportunity:
QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.
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, 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.
We believe this is our moment – what if it was yours too?
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