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Actuarial Analyst

QBE Management Services (UK) Limited
Posted a day ago, valid for 24 days
Location

Leeds, West Yorkshire LS14 1DZ

Salary

ÂŁ30,000 - ÂŁ36,000 per annum

info
Contract type

Full Time

Retirement Plan
Life Insurance

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Sonic Summary

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  • QBE is seeking a full-time Actuarial Analyst to join their Reserving Reinsurance team in Leeds, offering a hybrid work environment.
  • The role involves supporting the forecasting of Technical Provisions and analyzing reserve assessments while collaborating with internal and external stakeholders.
  • Candidates should have a good understanding of actuarial processes, experience with MS Office applications, and preferably knowledge of programming languages like SAS or SQL.
  • A minimum of 3 years of relevant experience in actuarial analysis is required, with a salary range of ÂŁ40,000 to ÂŁ50,000 based on experience.
  • QBE promotes a supportive workplace culture with flexible working options, comprehensive benefits, and a commitment to inclusivity.

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://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 ourcareers 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.?? 

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