At a Glance
- Tasks: Analyse and price credit reinsurance, supporting underwriting decisions with data-driven insights.
- Company: Join QBE, a global insurer with a human touch and a collaborative culture.
- Benefits: Enjoy 30 days holiday, a generous pension plan, and private medical insurance.
- Other info: Hybrid work model with opportunities for professional growth and development.
- Why this job: Make a real impact in a dynamic role at the forefront of credit reinsurance.
- Qualifications: Actuarial pricing experience, strong analytical skills, and proficiency in programming tools.
The predicted salary is between 60000 - 80000 £ per year.
About QBE
At QBE, we get to the heart of what matters for our customers. And we do it all with a human touch. We’re an international insurer with more than 13,000 people working across 26 countries – which means we’re big enough for your ambitions, yet small enough for you to make a real impact. It’s an exciting time. We’re building momentum towards our vision to become the most consistent and innovative risk partner. What if you could have a positive impact – at work and in the world? As part of the QBE team, you’ll get to spend every day working with people who are passionate, talented and kind.
The Opportunity
Are you an actuary who enjoys working at the intersection of technical analysis and commercial decision‑making? This is a front‑end pricing role where you’ll partner closely with Underwriting to shape sustainable and profitable credit reinsurance decisions across a diverse and complex portfolio. You’ll be hands‑on with a wide range of credit products, including Political Risk, Trade Credit, Surety, Mortgage, and structured credit solutions, supporting both treaty and bespoke transactions. From initial analysis through to bind, you’ll play a key role in ensuring pricing decisions are technically robust, commercially relevant, and aligned with QBE Re’s risk appetite. With exposure to global markets, evolving geopolitical risks, and innovative credit solutions, this role offers strong development, visibility, and impact.
Your new role
- Analyse and price credit reinsurance treaty business, as well as ad‑hoc bespoke transactions, ensuring recommendations are analytically robust and clearly supported by data and models.
- Present complex analysis in a clear, structured way to both technical and non‑technical audiences.
- Partner with Underwriters to support deal structuring and negotiations, including participation in broker discussions where required.
- Develop, review, and enhance pricing methodologies, models, and tools to reflect evolving credit, financial and geopolitical risks.
- Produce monitoring and ad‑hoc reporting to track pricing performance, profitability, and variance against expectations.
- Perform deep‑dive portfolio and product analyses, identifying key drivers, trends, and emerging risks across credit lines and asset classes.
- Work closely with the Head of Credit Reinsurance to identify opportunities to optimise portfolio mix, pricing actions, and underwriting strategy.
- Contribute to business planning, forecasting, and strategic initiatives.
- Build strong relationships with internal and external stakeholders, including underwriting, claims, finance and senior leadership.
- Promote a culture of technical excellence, strong governance, and continuous improvement within the pricing function.
About you
Experience in actuarial pricing within insurance or reinsurance, ideally with exposure to credit or financial risks. Understanding of Political Risk and/or Credit (re)insurance lines, or broader knowledge of credit asset classes such as corporate, structured or real estate finance. Strong analytical background, including experience in pricing, reserving, or modelling (e.g. default probabilities, rating models, forecasting approaches). Experience developing or enhancing actuarial models and assumptions. Ability to work independently on complex analyses while collaborating closely with underwriting and other stakeholders. Strong communication skills, with the ability to translate technical insights into clear commercial recommendations. Experience using analytical or programming tools such as VBA, SQL, R or Python. Actuarial qualification or progress toward qualification (e.g. FCAS, ACAS, FIA, IFOA, or equivalent). Equivalent qualifications such as CFA or MBA will also be considered. Degree in actuarial science, mathematics or a related quantitative discipline (or equivalent experience).
Benefits
30 days holiday a year with the option to buy up to 2 additional days. 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. Short term remote work abroad – you can request up to 20 days per year to work remotely from certain locations abroad.
Equal Employment Opportunity
QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.
Credit Reinsurance Pricing Actuary employer: 慨正橡扯
At QBE, we pride ourselves on being an exceptional employer, offering a dynamic work environment in London or Brussels where you can truly make an impact. With a strong focus on employee growth, we provide extensive benefits including generous holiday allowances, comprehensive medical insurance, and opportunities for remote work abroad. Our collaborative culture fosters innovation and technical excellence, ensuring that every team member is valued and empowered to contribute to our vision of becoming the most consistent and innovative risk partner.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Reinsurance Pricing Actuary
✨Dive Into Industry Networking Events
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✨Look Out for Graduate Schemes
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We think you need these skills to ace Credit Reinsurance Pricing Actuary
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at 慨正橡扯.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at 慨正橡扯. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at 慨正橡扯
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at 慨正橡扯 to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at 慨正橡扯, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding 慨正橡扯's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
