Senior Actuarial Analyst
Senior Actuarial Analyst

Senior Actuarial Analyst

Leeds Full-Time 36000 - 60000 £ / year (est.) No home office possible
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QBE Europe

At a Glance

  • Tasks: Support actuarial services, analyse data, and help make informed business decisions.
  • Company: QBE is a global insurer with a commitment to resilience and innovation.
  • Benefits: Enjoy flexible working, 30 days holiday, and comprehensive health insurance.
  • Why this job: Join a diverse team focused on continuous improvement and impactful decision-making.
  • Qualifications: Actuarial exam progress and experience in Reserving preferred.
  • Other info: Hybrid work model available; we value diversity and inclusion.

The predicted salary is between 36000 - 60000 £ per year.

We’re looking for a Senior Actuarial Analyst to join our International Markets Reserving Actuarial team on a full‑time, permanent basis. This role supports the delivery of a range of actuarial services across International Markets, helping to ensure business decisions are made using the best possible quantitative insight and analysis. Having the right to work in the UK is a requirement for this role; QBE may consider sponsorship at its discretion.

Key Responsibilities

  • Supporting the forecasting of reserves and reserve uncertainty for reporting, business planning, profitability studies and commutations.
  • Developing an understanding of the key business drivers for the areas you support.
  • Using appropriate systems and procedures to ensure accurate data is used and robust analyses are produced, including the use of efficient and consistent actuarial models, processes and technologies.
  • Performing appropriate checks within processes to minimise inaccuracies.
  • Supporting compliance with all relevant legal, regulatory and professional actuarial standards, as well as internal European and global reporting requirements.
  • Assisting the Reserving Manager to ensure processes are aligned to business needs and remain fit for purpose.
  • Building and maintaining strong relationships with internal and external stakeholders to improve customer focus.

Qualifications

  • Part‑qualified actuary with experience working within an actuarial function in a General or Specialty insurer.
  • Strong numerical and analytical skills, with the ability to interpret and communicate data effectively.
  • Advanced Excel skills and experience using other analytical tools.
  • Ability to organise and manage your own workload to meet deadlines.
  • Effective communication and stakeholder engagement skills.
  • Ability to influence directly and indirectly.
  • Experience working within defined processes and controls.

Benefits

  • 30 days holiday a year with the option to buy up to 2 additional days.
  • Flexible working – open to all, including part‑time, job share and compressed hours.
  • Pension – automatic enrolment in the QBE pension plan with 10% employer contributions of basic salary.
  • Private medical insurance – fully comprehensive cover for you and your family.
  • Family friendly policies – 26 weeks leave at full pay regardless of gender identity, sexual orientation or parentage.
  • Short‑term remote work abroad – up to 20 days per year from certain locations.
  • Sustainable investing – pension strategy aligned with net‑zero goal.
  • Cycle‑to‑Work – benefit from regular exercise and greener commute, up to £5,000 for bike 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.

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Senior Actuarial Analyst employer: QBE Europe

At QBE, we pride ourselves on being an excellent employer, offering a supportive and collaborative work environment that values diversity and inclusion. With comprehensive actuarial study support, flexible working arrangements, and a commitment to employee wellbeing, we empower our team members to thrive both personally and professionally. Join us in London or Leeds, where you can contribute to meaningful projects while enjoying a culture that prioritises growth and innovation.
QBE Europe

Contact Detail:

QBE Europe Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Actuarial Analyst

✨Tip Number 1

Familiarise yourself with the latest trends and developments in actuarial science, particularly in reserving and capital modelling. This knowledge will not only help you during interviews but also demonstrate your commitment to staying current in the field.

✨Tip Number 2

Network with professionals in the actuarial field, especially those working at QBE or similar companies. Attend industry events or join relevant online forums to build connections that could provide insights or referrals for your application.

✨Tip Number 3

Prepare to discuss specific examples of how you've used data analysis to influence business decisions in your previous roles. Being able to articulate your analytical thinking and its impact will set you apart from other candidates.

✨Tip Number 4

Showcase your soft skills, such as communication and relationship-building, during any interactions with the company. These skills are crucial for maintaining strong relationships with underwriting divisions and other departments, which is a key aspect of the role.

We think you need these skills to ace Senior Actuarial Analyst

Actuarial Science
Analytical Thinking
Data Analysis
Financial Modelling
Risk Management
Communication Skills
Attention to Detail
Stakeholder Management
Problem-Solving Skills
Excel Proficiency
Business Writing
Critical Thinking
Customer Service Orientation
Process Improvement

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in actuarial reserving and any progress you've made with your actuarial exams. Use keywords from the job description to demonstrate that you meet the specific requirements.

Craft a Strong Cover Letter: Write a cover letter that clearly outlines your motivation for applying to QBE and how your skills align with the role of Senior Actuarial Analyst. Mention your analytical skills and ability to work with data, as these are crucial for the position.

Showcase Your Analytical Skills: In your application, provide examples of how you've used your analytical skills in previous roles. Discuss any experience you have with data preparation, validation, and model calibration, as these are key responsibilities in the job.

Highlight Communication Skills: Since the role involves building relationships with various departments, emphasise your communication skills. Provide examples of how you've effectively communicated complex information to non-technical stakeholders in the past.

How to prepare for a job interview at QBE Europe

✨Understand the Role

Make sure you have a solid grasp of what a Senior Actuarial Analyst does. Familiarise yourself with key responsibilities like data preparation, model calibration, and the importance of actuarial standards. This will help you answer questions confidently and demonstrate your knowledge.

✨Showcase Your Analytical Skills

Prepare to discuss specific examples of how you've used analytical tools in previous roles. Highlight your experience with Excel and any other relevant software. Be ready to explain how you approach problem-solving and data analysis, as these are crucial for the role.

✨Build Relationships

Since the role involves working closely with various departments, be prepared to talk about your experience in building and maintaining professional relationships. Share examples of how you've collaborated with teams like Underwriting or Finance to achieve common goals.

✨Ask Insightful Questions

Prepare thoughtful questions to ask at the end of the interview. Inquire about the company's approach to continuous improvement in the Actuarial department or how they support employees in their actuarial exams. This shows your genuine interest in the role and the company.

Senior Actuarial Analyst
QBE Europe
Location: Leeds
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