Primary Details
Time Type: Full time
Worker Type: Employee
Actuarial Analyst
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 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, but open to other Insurance areas. (Life Insurance Pensions, etc)

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.

LI-Hybrid

We’re an international insurer that’s building momentum towards realising our vision of becoming the most consistent and innovative risk partner. We can never really predict what’s around the corner, but at QBE we’re asking the right questions to enable a more resilient future – helping those around us build strength and embrace change to their advantage.
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 (
https://qbeeurope.com/careers/flex-qbe/
).
With more than more than 13,000 people working across 27 countries, we’re big enough to make a real impact, but small enough to provide a friendly workplace, where people are down-to-earth, passionate, and kind.
To find out more about why you should work for QBE, visit our
careers website.
At My Best - QBE Benefits
You are more than your work – and QBE is more than a workplace, which is why we provide you with the benefits, support and flexibility to help you concentrate on living your best life personally and professionally. As well as the benefits below we also offer an extensive choice of other options to suit you!
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, this can include part-time, job share and compressed hours.
Pension – you are automatically enrolled into the QBE pension plan, which entitles you to receive employer contributions of 10% of your basic salary.
Private medical insurance – we fund fully comprehensive private medical cover for you and all the family.
Family friendly policies – we offer 26 weeks leave at full pay regardless of gender identity, sexual orientation or how you become a parent.
Short term remote work abroad - you can request up to 20 days per year to work remotely from certain locations abroad.
Sustainable investing - we believe sustainable integration is important for long term financial, environmental, and social outcomes. Our pension strategy supports our net-zero goal to achieve year-on-year reductions in carbon footprint, by investing more in green businesses than the broader market, so your savings are looking after the planet’s future, as well as your own.
Cycle-to-Work – benefit from regular exercise whilst making your commute greener and cheaper, select and bike and/or accessories up to the value of £5,000.
To find out more visit our Reward Page
QBE Awards
Some of the award’s QBE are proud to have won, been a finalist for, and shortlisted for 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
You can view all our awards
here
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 are proud to have partnerships with organisations such as Stonewall and Working Families, and our commitment to the Women in Finance Charter, the UN Women’s Empowerment Principles and Race at Work charter helps keep us accountable and transparent. For more information on our strategy targets please take a look at our
Careers Page
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. If you require any accommodations, please make your Talent Acquisition contact aware.
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 QBE’s sustainability targets, including our net-zero pledges and inclusion of diversity targets, and our award-winning impact investment initiative ‘Premiums4Good’, please visit our
Sustainability homepage
and read our latest Sustainability Report
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?
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
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

• 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 focu