Primary Details
Time Type: Full time Worker Type: EmployeeReserving Actuary
London or 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 a Reserving Actuary to join our Financial LinesActuarial Reserving team on a full time, permanent basis.
Your new role
Reporting to our 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
Have ability to 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, drives toward efficiencies in process, challenges the status quo
Manage and monitor Actuarial process, where applicable, to ensure their continued delivery and improvement to meet
Ensure appropriate checks are performed within processes to minimise inaccuracies, both on their own work and the review of others
Use and assist with the development of appropriate systems and procedures to ensure accurate data is used and subsequently appropriate analyses produced. This is to include adopting efficient and consistent actuarial models and process and / or technologies where appropriate
Plan and execute existing projects with multiple components with minimal direction
Manages own workflow and works largely independently, escalating for support when needed
Build relationships with internal and external stakeholders to improve customer focus
Understand developments in wider Actuarial community to stay abreast of current development
Keep bigger picture in mind, with ability to think through longer term implications and contribute to team strategic planning
Understands impact of regulatory environment on technical work
About you
You'll have an 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 agilemanner, responsive to stakeholder requirements
Influencing and collaboration skills
Organisational skills
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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 - because we know it’s not just what we do that matters, it’s how we do it that makes the difference. In addition to this, we also offer flexible parental leave for both parents and have several employee network groups that support and empower our diverse workforce.
At QBE, we view our people as our most precious asset. We understand the importance of fostering a work environment that is responsive to the changing needs of today's workforce. 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://careers/flex-qbe/).
#LI-Hybrid
Some of the award’s QBE are proud to have won, been a finalist for, and shortlisted for include:
5-star Diversity, Equity and inclusion (DEI) awards, 2023 Winner - Insurance Business Canada
Employer of the Year 2022 Winner – Insurance Insider
British Claims Awards 2022 Winner - InsurTech Award?
Insurance Times Claims Excellence Awards 2022 Winner - Claims Product Solution of the Year?
Working Families Best Practice Awards 2021 Finalist for: Best COVID-19 Response??
Insurance Post British Insurance Awards 2022 Shortlisted for: Best Customer Care, Diversity & Inclusion Initiative of the Year 2022, Specialist Insurer of the Year (for Construction), General Insurer of the Year?
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
Inclusion of Diversity
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