At a Glance
- Tasks: Deliver insightful risk management activities and provide second-line challenge across the business.
- Company: Join QBE, a global insurer with a human touch and a collaborative culture.
- Benefits: Enjoy 30 days holiday, flexible working, private medical insurance, and a generous pension plan.
- Other info: Dynamic environment with opportunities for professional growth and development.
- 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 management.
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 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.
To find out more visit our Rewarding our people - QBE European Operations.
Awards & Recognition
We value our employee’s experience with us and are proud to have been recognised for the following awards:
- Winner of Excellence in Diversity, Equity & Inclusion Award 2025 at the Insurance Business Australia Awards for our Respect@QBE program.
- Insurance Post British Insurance Awards 2025: Winner: Commercial Lines Insurer of the Year, Winner: Reinsurer of the Year - QBE Re, Winner: ESG, Diversity, Equity and Inclusion Initiative of the Year, Winner: Insurance Personality of the Year - Chris Wallace, Executive Director UK insurance.
- 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 Employee.
**Apply now and let’s make it happen!** If you’re looking for a career that combines your expertise and your empathy, click Apply today. Your career. At the heart of it.
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/ Analyst employer: Dormont Manufacturing Co
At QBE, we pride ourselves on being an exceptional employer that values the well-being and growth of our employees. With a strong commitment to flexible working arrangements, comprehensive benefits including private medical insurance and generous holiday allowances, and a culture that fosters collaboration and continuous learning, our London office is an ideal environment for professionals looking to make a meaningful impact in risk management. Join us to be part of a diverse team that not only supports your career ambitions but also prioritises sustainability and community engagement.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Risk Actuary/ Analyst
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and risk management sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings at QBE!
✨Tip Number 2
Prepare for interviews by researching QBE’s values and recent projects. Tailor your responses to show how your skills align with their mission of being an innovative risk partner. Practice common interview questions, but also be ready to discuss how you can add real value to their team.
✨Tip Number 3
Showcase your analytical skills during interviews. Bring examples of past projects where you’ve used data to drive decisions or improve processes. This will demonstrate your quantitative background and your ability to provide actionable insights, which is key for the Senior Risk Analyst role.
✨Tip Number 4
Don’t forget to follow up after your interviews! A quick thank-you email reiterating your interest in the position and highlighting a key point from your conversation can keep you top of mind. And remember, apply through our website for the best chance at landing that dream job!
We think you need these skills to ace Senior Risk Actuary/ Analyst
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 asked thoughtful questions or sought out new learning opportunities in your previous roles. This will resonate well with our team.
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 Analyst/Actuary, you'll need to demonstrate your quantitative skills. Brush up on key metrics and data analysis techniques relevant to risk management. Be prepared to discuss how you've used data to drive decisions in past roles.
✨Engage with Stakeholders
This role involves a lot of collaboration. Think about examples where you've successfully engaged with stakeholders. Prepare to share how you’ve built relationships and influenced decisions through effective communication.
✨Show Your Curiosity
QBE values curiosity, so come ready with questions! Research the company’s recent initiatives or challenges in risk management. This shows you're not just interested in the role but also in contributing to their mission.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills. Think of situations where you had to provide second-line challenge or validate models. Use the STAR method (Situation, Task, Action, Result) to structure your responses clearly.
