Senior Risk Actuary/ Analyst in London

Senior Risk Actuary/ Analyst in London

London Full-Time 55000 - 65000 € / year (est.) No home office possible
hackajob

At a Glance

  • Tasks: Deliver insightful risk management activities and provide second-line challenge across the business.
  • Company: Join QBE Insurance, a global leader in insurance with a human touch.
  • Benefits: Enjoy 30 days holiday, flexible working, and comprehensive private medical insurance.
  • Other info: Dynamic team 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 analysis.

The predicted salary is between 55000 - 65000 € per year.

Overview

hackajob is collaborating with QBE Insurance to connect them with exceptional professionals for this role.

Primary Details

  • Time Type: Full time
  • Worker Type: Employee
  • Senior Risk Analyst/Actuary – London
  • Permanent role (Hybrid)

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. The role would suit a professional with a strong analytical background and appetite to broaden their exposure within a risk function.

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.

Main responsibilities

  • 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 / Skills and Experience you’ll need

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

  • 30 days holiday a year with the option to buy up to 2 additional days
  • Flexible working - balancing work and life with options such as part-time, job share and compressed hours
  • Pension – automatic enrolment into the QBE pension plan with employer contributions of 10%
  • Private medical insurance – fully comprehensive private medical cover for you and your family
  • Family friendly policies – 26 weeks leave at full pay
  • Short term remote work abroad – up to 20 days per year to work remotely from certain locations
  • Sustainable investing – pension strategy supports net-zero goals
  • Cycle-to-Work – bicycle and accessories up to £5,000

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 in London employer: hackajob

At QBE Insurance, we pride ourselves on fostering a supportive and inclusive work environment where employees can thrive. With a strong focus on professional development, our London office offers flexible working arrangements, comprehensive benefits including private medical insurance and generous holiday allowances, and the opportunity to make a meaningful impact in the risk management field. Join us to be part of a passionate team dedicated to innovation and excellence in the insurance industry.

hackajob

Contact Detail:

hackajob Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Risk Actuary/ Analyst in London

Network Like a Pro

Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to current QBE employees on LinkedIn. Building relationships can open doors that applications alone can't.

Ace the Interview

Prepare for your interview by researching QBE’s values and recent projects. Think of examples from your experience that showcase your analytical skills and stakeholder engagement. Remember, it’s not just about what you know, but how you communicate it!

Show Your Curiosity

During interviews or networking chats, ask thoughtful questions about risk management practices at QBE. This shows you're genuinely interested and eager to learn, which is exactly the kind of attitude they’re looking for!

Follow Up

After any interaction, whether it’s an interview or a casual chat, send a thank-you email. It’s a simple way to express gratitude and keep yourself top of mind. Plus, it shows you’re professional and courteous!

We think you need these skills to ace Senior Risk Actuary/ Analyst in London

Quantitative Analysis
Actuarial Expertise
Risk Management
Stakeholder Engagement
Data Analysis
Communication Skills
Presentation Skills

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 reflect your curiosity and motivation to learn. Use it to explain how your background aligns with QBE's vision and how you can add real value to the team.

Showcase Your Analytical Skills:In your application, don’t forget to showcase your analytical skills. Provide examples of how you've used data to make sound business decisions or challenge existing processes – we love seeing that!

Apply Through Our Website:We encourage you to apply through our website for a smooth application process. It’s the best way for us to receive your application and keep track of all the amazing candidates like you!

How to prepare for a job interview at hackajob

Know Your Numbers

As a Senior Risk Analyst/Actuary, you'll need to demonstrate your strong quantitative skills. Brush up on key metrics and data analysis techniques relevant to risk management. Be prepared to discuss how you've used these skills in past roles to provide actionable insights.

Engage with Stakeholders

This role involves a lot of interaction with various stakeholders. Practice articulating your thoughts clearly and concisely. Think of examples where you've successfully influenced decisions or built relationships in previous positions, as this will show your ability to engage constructively.

Show Your Curiosity

QBE values curiosity, so come ready with thoughtful questions about their risk management processes and challenges. This not only shows your interest in the role but also your proactive approach to understanding the business better.

Prepare for Scenario Questions

Expect scenario-based questions that assess your problem-solving abilities. Prepare by thinking through potential risk scenarios you might face in the role and how you would approach them. This will help you showcase your analytical mindset and decision-making skills.