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 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.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Actuary - Reinsurance
✨Tip Number 1
Network like a pro! Reach out to industry professionals on LinkedIn or at events. We can’t stress enough how important it is to make connections that could lead to job opportunities.
✨Tip Number 2
Prepare for interviews by practising your pitch. We recommend you highlight your analytical skills and experience with pricing models. Make sure you can explain complex concepts in simple terms!
✨Tip Number 3
Showcase your problem-solving skills during interviews. Think of examples where you’ve tackled challenges in pricing or analysis. We want to see how you can add value to the team!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Pricing Actuary - Reinsurance
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 or reinsurance, and showcase how your skills align with the responsibilities mentioned in the job description.
Showcase Your Analytical Skills:Since this role involves complex analyses, be sure to include examples of your analytical prowess. Mention any experience with tools like VBA, SQL, or R, and how you've used them to drive insights or improve pricing strategies.
Communicate Clearly:Remember, you’ll need to present complex data to both technical and non-technical audiences. Use clear, structured language in your application to demonstrate your ability to communicate effectively, just as you would in the role.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves, and you can easily keep track of your application status!
How to prepare for a job interview at hackajob
✨Know Your Numbers
As a Pricing Actuary, you'll need to be comfortable with data and models. Brush up on your analytical skills and be ready to discuss specific examples of how you've used data to influence pricing decisions in the past. This will show your potential employer that you can handle complex analyses.
✨Communicate Clearly
You'll often present your findings to both technical and non-technical audiences. Practice explaining your analyses in simple terms. Use clear, structured language and avoid jargon where possible. This will demonstrate your ability to bridge the gap between technical insights and business needs.
✨Show Your Collaborative Spirit
This role involves working closely with underwriters and brokers. Be prepared to share examples of how you've successfully collaborated in the past. Highlight your experience in supporting negotiations and how you’ve contributed to team goals, as this will resonate well with the interviewers.
✨Stay Ahead of Trends
The insurance landscape is always changing, so it's crucial to stay informed about emerging risks and trends in the Property & Casualty sector. Research current market conditions and be ready to discuss how these might impact pricing strategies. This shows your proactive approach and commitment to continuous improvement.
