Pricing Actuary - Reinsurance in London

Pricing Actuary - Reinsurance in London

London Full-Time 60000 - 80000 € / year (est.) No home office possible
hackajob

At a Glance

  • Tasks: Analyse and price reinsurance treaty business, influencing profitable decisions.
  • Company: Join a leading reinsurance firm with a strong focus on innovation and collaboration.
  • Benefits: Enjoy 30 days holiday, private medical insurance, and a generous pension plan.
  • Other info: Work hybrid in London or Brussels with excellent career growth opportunities.
  • Why this job: Make a real impact in a dynamic role with exposure to high-value transactions.
  • Qualifications: Actuarial pricing experience and strong analytical skills required.

The predicted salary is between 60000 - 80000 € per year.

Are you an actuary who enjoys being close to the deal and influencing commercial outcomes? This is a front‑end pricing role where you’ll work alongside Underwriting to help shape profitable reinsurance decisions across a diverse Property & Casualty portfolio. You’ll be hands‑on with complex, high‑value transactions, partnering with brokers and underwriters from initial analysis through to bind. With exposure to a wide range of products and close collaboration with global actuarial colleagues, this role offers strong development, visibility and impact.

Responsibilities

  • Analyse and price reinsurance treaty business and ensure conclusions and recommendations are analytically robust and clearly supported by data and models.
  • Present complex analyses in a clear, structured manner to both technical and non‑technical audiences.
  • Provide support to underwriters to negotiate terms and structures to meet business goals, including supporting underwriters in broker meetings and calls.
  • Maintain and continuously improve actuarial methodologies, models, and reporting practices to meet evolving business needs.
  • Develop monitoring and ad‑hoc reporting to track pricing performance, profitability, and variance from expectations.
  • Perform deep‑dive portfolio and product analyses, identifying performance drivers, trends, and emerging risks.
  • Proactively identify and evaluate opportunities to improve portfolio mix, pricing actions, and underwriting strategies.
  • Contribute to business planning and forecasting.
  • Build and maintain strong internal and external stakeholder relationships, delivering timely, relevant, and actionable insights.
  • Foster a culture of technical excellence, accountability, and continuous improvement within the actuarial function.

Qualifications

  • Actuarial pricing experience within Property & Casualty insurance or reinsurance.
  • Experience developing, reviewing or enhancing actuarial models and assumptions.
  • Confidence working independently on complex analysis while collaborating closely with Underwriting.
  • The ability to communicate pricing insights clearly to non‑technical audiences.
  • Experience using analytical or programming tools such as VBA, SQL, R or similar.
  • Actuarial qualification or progress toward qualification (e.g. FCAS, ACAS, FIA, IFOA, or equivalent).

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.

Awards & Recognition

  • 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.
  • Insurance Post British Insurance Awards 2023: QBE rated as a 5-Star Employee.

Equal Employment Opportunity

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.

Pricing Actuary - Reinsurance in London employer: hackajob

At QBE, we pride ourselves on being an exceptional employer, offering a dynamic work environment in London or Brussels where our Pricing Actuaries can thrive. With a strong focus on employee development, competitive benefits including generous holiday allowances and comprehensive medical coverage, and a culture that fosters collaboration and technical excellence, we empower our team to make impactful decisions in the reinsurance sector. Join us to be part of a forward-thinking company recognised for its commitment to diversity, equity, and inclusion, while enjoying the flexibility of hybrid working arrangements.

hackajob

Contact Detail:

hackajob Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Pricing Actuary - Reinsurance in London

Tip Number 1

Network like a pro! Reach out to people in the industry, especially those already working in reinsurance or actuarial roles. A friendly chat can lead to insider info about job openings and even referrals.

Tip Number 2

Prepare for interviews by practising your pitch. You want to showcase your analytical skills and how you can influence commercial outcomes. Use examples from your past experiences to demonstrate your impact.

Tip Number 3

Don’t underestimate the power of follow-ups! After an interview, send a thank-you email to express your appreciation and reiterate your interest in the role. It keeps you on their radar and shows your enthusiasm.

Tip Number 4

Apply through our website! We’ve got loads of opportunities, and applying directly can sometimes give you a leg up. Plus, it’s super easy to keep track of your applications that way.

We think you need these skills to ace Pricing Actuary - Reinsurance in London

Actuarial Pricing Experience
Data Analysis
Communication Skills
Analytical Skills
Model Development
Stakeholder Management
Problem-Solving Skills

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter for the Pricing Actuary role. Highlight your relevant experience in Property & Casualty insurance and any actuarial qualifications you have. We want to see how your skills align with our needs!

Showcase Your Analytical Skills:Since this role involves complex analyses, be sure to include examples of your analytical work. Whether it's using VBA, SQL, or R, let us know how you've tackled similar challenges in the past. We love seeing your problem-solving prowess!

Communicate Clearly:Remember, you'll need to present complex data to both technical and non-technical audiences. Use clear and concise language in your application to demonstrate your communication skills. We appreciate candidates who can bridge the gap between numbers and people!

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you're keen on joining our team at StudySmarter!

How to prepare for a job interview at hackajob

Know Your Numbers

As a Pricing Actuary, you'll need to demonstrate your analytical prowess. Brush up on your actuarial models and be ready to discuss how you've used data to influence pricing decisions in the past. Prepare specific examples that showcase your ability to analyse complex data and present it clearly.

Speak Their Language

You'll be working closely with underwriters and brokers, so it's crucial to communicate effectively with both technical and non-technical audiences. Practice explaining your analyses in simple terms, as well as being able to dive deep into the technical details when needed. This will show your versatility and understanding of the role.

Showcase Your Collaboration Skills

This role involves a lot of teamwork, especially with underwriting and other stakeholders. Be prepared to share examples of how you've successfully collaborated in the past. Highlight any experiences where you’ve supported negotiations or contributed to business planning, as this will resonate well with the interviewers.

Stay Ahead of Trends

The insurance landscape is always evolving, so it's important to stay informed about industry trends and emerging risks. Research current market conditions and be ready to discuss how these might impact pricing strategies. Showing that you're proactive about identifying opportunities for improvement will set you apart from other candidates.