At a Glance
- Tasks: Join our Risk Challenge team to deliver impactful risk management initiatives and insights.
- Company: QBE, a global insurer with a human touch and a collaborative culture.
- Benefits: 30 days holiday, flexible working, private medical insurance, and sustainable investing options.
- Other info: Dynamic environment with opportunities for growth and learning.
- Why this job: Make a real impact in risk management while developing your analytical skills.
- Qualifications: Strong quantitative background with experience in insurance or risk analysis.
The predicted salary is between 55000 - 65000 £ 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 and reinsurer 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 at QBE as we continue to build momentum towards our vision of becoming the most consistent and innovative risk partner.
The opportunity
We’re looking for a Senior Risk Analyst/ Actuary to join our Risk Challenge team in London on a permanent basis. This is a fantastic opportunity for someone with a strong quantitative background who is curious, keen to learn and motivated by adding real value to the business. The role offers exposure across a broad range of risk management activities, providing second line challenge to the business and partnering closely with stakeholders across QBE.
Your new role
In this role, you’ll deliver a wide range of risk management initiatives, reporting and challenge activities, acting as a key member of the Risk Challenge team. You’ll apply your technical and analytical skills to provide robust insight and effective second-line challenge, supporting better decision-making across the business. You’ll work closely with stakeholders across multiple functions, building strong relationships and becoming a recognised point of contact within Risk. Alongside this, you’ll support, and in some cases lead, the delivery of key risk reporting and represent Risk at relevant forums as required.
- Deliver insightful risk management activity, being curious and tenacious in identifying insights that support sound business and risk decisions.
- Provide effective second-line challenge to a range of business functions, engaging constructively with stakeholders across QBE.
- Apply actuarial or quantitative expertise to deliver agreed risk management activities, aligned to priorities set with your line manager.
- Support, and where appropriate lead, the delivery of key risk reporting to agreed quality and governance standards.
- Analyse quantitative risk areas including, but not limited to, Insurance Risk, Credit Risk and Market Risk.
- Represent Risk at relevant forums, providing appropriate, proportionate and value-adding challenge.
- Contribute to independent validation activities, such as capital model validation under Solvency II, and risk reviews of the business plan.
- Collaborate closely with colleagues across the Risk function and other assurance teams to ensure a joined-up approach.
- Actively role-model strong risk behaviours and promote effective risk management discipline across the business.
- Support people development within the team, including training junior analysts and sharing knowledge across the Risk function.
About you
You’ll have a strong quantitative background and experience working within an insurance environment, ideally within a risk, actuarial, finance or analytical function. You’ll be naturally curious, comfortable challenging constructively and motivated by learning and development. You’re someone who enjoys engaging with stakeholders, asking thoughtful questions and translating data into meaningful insight. You’ll be keen to broaden your exposure across risk disciplines and make a tangible impact on how the business understands and manages risk.
Skills and experience you’ll need:
A quantitative background, such as an actuary or accountant (nearly or newly qualified), or similar, with at least 3 years’ experience in insurance.
Experience working within general insurer writing business through Lloyds is preferred.
Background in risk, actuarial, finance, reserving or capital modelling is desirable.
Ability to analyse data and provide clear, actionable insights.
Stakeholder engagement and relationship-management skills, with the ability to influence and challenge constructively.
Excellent communication and presentation skills, with the ability to articulate key messages clearly.
Good organisational skills and the ability to operate at pace.
Knowledge of risk management processes, language, tools and systems.
Understanding of internal models and related processes is advantageous.
Report-writing skills and attention to detail.
Good IT skills, including Microsoft Excel capability.
Benefits
We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances. As a QBE employee you will have access to and benefit from:
- 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.
- 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.
Awards & Recognition
We value our employee’s experience with us and are proud to have been recognised for various awards.
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.
Senior Risk Actuary | Second-Line Risk & Insight (Hybrid) in London employer: Dormont Manufacturing Co
At QBE, we pride ourselves on fostering a supportive and inclusive work environment where employees can thrive. With a strong emphasis on professional development, our hybrid role in London offers the chance to engage with diverse stakeholders while contributing to meaningful risk management initiatives. Enjoy generous benefits such as 30 days of holiday, flexible working arrangements, and comprehensive private medical insurance, all while being part of a company committed to sustainability and employee well-being.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Risk Actuary | Second-Line Risk & Insight (Hybrid) in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about asking for informational interviews. The more people you know, the better your chances of landing that Senior Risk Actuary role.
✨Tip Number 2
Prepare for those interviews by practising common questions and scenarios related to risk management. We recommend using the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your analytical skills effectively.
✨Tip Number 3
Showcase your curiosity! During interviews, ask thoughtful questions about QBE’s risk management strategies and how they align with your expertise. This not only demonstrates your interest but also helps you stand out as a candidate who’s genuinely engaged.
✨Tip Number 4
Don’t forget to follow up after your interviews! A simple thank-you email can go a long way in keeping you top of mind. Plus, it shows your enthusiasm for the role and the company. And remember, apply through our website for the best chance!
We think you need these skills to ace Senior Risk Actuary | Second-Line Risk & Insight (Hybrid) in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Risk Analyst/Actuary role. Highlight your quantitative skills and relevant experience in risk management, as this will show us you’re a great fit for the position.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about risk management and how your background aligns with our needs. Be sure to mention specific experiences that demonstrate your analytical skills and stakeholder engagement.
Showcase Your Curiosity:We love candidates who are naturally curious! In your application, share examples of how you've sought out insights or challenged the status quo in previous roles. This will resonate well with our team’s values.
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to navigate!
How to prepare for a job interview at Dormont Manufacturing Co
✨Know Your Numbers
As a Senior Risk Actuary, you'll need to demonstrate your strong quantitative skills. Brush up on key actuarial concepts and be ready to discuss how you've applied these in previous roles. Prepare to share specific examples of how your analytical insights have influenced decision-making.
✨Engage with Stakeholders
This role involves a lot of interaction with various stakeholders. Practice articulating your thoughts clearly and concisely. Think about how you can build relationships and influence others constructively. Be prepared to discuss how you've successfully engaged with stakeholders in the past.
✨Show Your Curiosity
QBE values curiosity and a desire to learn. During the interview, express your eagerness to broaden your exposure within risk management. Share instances where your curiosity led to valuable insights or improvements in your work.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities. Think through potential risk scenarios relevant to the insurance industry and how you would approach them. This will showcase your critical thinking and ability to provide effective second-line challenge.
