At a Glance
- Tasks: Dive into business planning, analyse data, and lead scenario testing for insurance lines.
- Company: Join QBE, a global insurer with a vibrant and innovative culture.
- Benefits: Enjoy 30 days holiday, flexible working, and comprehensive medical cover.
- Other info: Flexible roles available, including part-time and remote work options.
- Why this job: Elevate your actuarial career while making a real impact in a dynamic team.
- Qualifications: Actuarial exam progress, strong analytical skills, and experience with data tools.
The predicted salary is between 40000 - 50000 £ per year.
Location: London
Type: Full time, Employee, Permanent (Hybrid)
About QBE
We’re an international insurer with more than 13,000 people working across 26 countries. We’re building momentum towards our vision to become the most consistent and innovative risk partner.
Opportunity
Ready to take your actuarial career to the next level? The Strategy Planning and Performance (SPP) Team is looking for a dynamic Actuarial Analyst to join our high‑energy crew. This role offers the chance to work with underwriters and key business functions, and to impact a diverse range of insurance lines across both Lloyd's and Company business.
Responsibilities
- Dive into the full business planning process for key business lines, using actuarial techniques to calculate loss ratios and uncover insights.
- Contribute to strategic profitability analysis and reviews, gaining a deep understanding of what drives performance.
- Lead scenario testing and create what‑if analysis for growing or changing portfolios.
- Conduct claims inflation reviews and use data to spot trends and make recommendations.
- Help with DUA and broker profitability reviews, bringing fresh insights to the table.
- Get involved in case pricing across all lines using deterministic and stochastic techniques.
About You
We’re looking for someone currently working through actuarial exams and passionate about data and tools such as Python, Power BI, and SQL. A curious, detail‑oriented problem solver who loves learning and collaborating is ideal.
Skills
- Commercial experience in an actuarial role (e.g., pricing or reserving in General Insurance or Personal Lines).
- Analytical skills and a love for working with data.
- Solid Excel abilities, with a knack for spotting trends and summarising data.
- SQL experience is a plus – comfortable working with large data sets.
- A collaborative, flexible mindset and a self‑starter eager to learn and grow.
Benefits
- 30 days holiday a year, with the option to buy up to 2 additional days.
- Flexible working – part‑time, job share, compressed hours.
- Pension – automatic enrollment with 10% employer contribution.
- Private medical insurance – comprehensive cover for you and your family.
- Family friendly policies – 26 weeks leave at full pay irrespective of gender identity, sexual orientation or parentage.
- Short‑term remote work abroad – up to 20 days per year.
- Sustainable investing – net‑zero goal supported by pension strategy.
- Cycle‑to‑Work – up to £5,000 value for bikes or accessories.
Equal Employment Opportunity
QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.
How to Apply
To submit your application, click the Apply button and follow the step‑by‑step process.
Additional Information
Having the right to work in the UK is a requirement for this role. QBE may consider sponsorship at its discretion.
Actuarial Analyst employer: hackajob
QBE is an exceptional employer that fosters a dynamic and collaborative work culture, offering Actuarial Analysts the opportunity to engage with diverse insurance lines while working in the vibrant city of London. With generous benefits such as 30 days of holiday, flexible working arrangements, and a strong commitment to employee growth through continuous learning and development, QBE stands out as a forward-thinking organisation dedicated to innovation and sustainability.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Analyst
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even hit up LinkedIn. The more you chat with professionals, the better your chances of landing that Actuarial Analyst role.
✨Show Off Your Skills
When you get the chance to meet potential employers, don’t hold back! Share your experience with Python, Power BI, and SQL. Show them how you can use these tools to make a real impact on their business.
✨Prepare for the Interview
Do your homework before the interview! Understand QBE’s business model and think about how your skills can contribute to their goals. Be ready to discuss your analytical skills and how you’ve used data to drive decisions.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining our team at QBE.
We think you need these skills to ace Actuarial Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Actuarial Analyst role. Highlight your relevant experience, especially any work with data analysis, actuarial techniques, and tools like Python or SQL. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to express your passion for actuarial work and how you can contribute to our team. Be sure to mention specific projects or experiences that demonstrate your analytical skills and collaborative mindset.
Showcase Your Analytical Skills:In both your CV and cover letter, make sure to showcase your analytical skills. Talk about any experience you have with loss ratios, claims inflation reviews, or scenario testing. We love seeing how you've used data to drive insights in your previous roles!
Apply Through Our Website:Don't forget to apply through our website! It’s the easiest way for us to receive your application and ensures you’re considered for the role. Plus, it shows you're keen on joining our team at QBE!
How to prepare for a job interview at hackajob
✨Know Your Numbers
As an Actuarial Analyst, you'll be dealing with data and calculations all the time. Brush up on your actuarial techniques and be ready to discuss how you've used them in past roles or projects. Be prepared to explain loss ratios and profitability analysis clearly.
✨Show Off Your Tech Skills
Make sure you highlight your experience with tools like Python, Power BI, and SQL during the interview. Bring examples of how you've used these tools to analyse data or solve problems. If you can, prepare a mini-case study to demonstrate your analytical skills.
✨Be Curious and Collaborative
QBE values a curious mindset and collaboration. Think of examples where you've worked in a team to tackle a problem or learned something new that helped your work. Show that you're not just about numbers but also about working with others to drive results.
✨Prepare Questions
Interviews are a two-way street! Prepare thoughtful questions about the role, the team, and QBE's approach to innovation in risk management. This shows your interest and helps you determine if the company is the right fit for you.
