Pricing Actuary

At QBE, we get to the heart of what matters for our customers. We are an international insurer focused on making a positive impact. This role is part of the Data Science Pricing team in London, working on Marine and wider pricing transformations.

Position Details: Full‑time, Permanent (Hybrid), located in London.

Work Eligibility: Having the right to work in the UK is a requirement for this role. QBE may consider sponsorship at its discretion.

Responsibilities:

• Work with the Marine Pricing Data Science lead and build strong relationships with Marine underwriters in European and Lloyd’s markets.
• Be responsible for the ongoing development of Marine models used by various Marine underwriting teams (Cargo, P&I, Hull, Liability, Ports & Terminals, Specie and War).
• Work on the case pricing of larger risks and binders.
• Fuse new data science techniques with traditional pricing methods to help form a market leading team of pricing data science professionals.
• Provide support and guidance to junior members of the Marine Pricing Data Science team.

Qualifications:

• Knowledge and experience of working in General Insurance; specific experience within Marine classes (Cargo, Hull, P&I, etc.) is advantageous.
• Qualified / nearly qualified actuary, or a similar mathematical or scientific qualification backed up by relevant experience in the insurance industry.
• Strong analytical and problem‑solving skills.
• Excellent communication skills and collaborative mindset.
• Willingness and desire to learn new skills.
• Ability to manage multiple priorities and projects.
• A quantitative undergraduate degree.
• Experience in using Excel, Python, R, SQL or other programming languages.

Benefits:

• Work for a world‑leading insurer alongside experts in pricing, data science, insurance underwriting, claims, and information technology.
• Develop and deploy industry‑leading pricing and machine learning models into a $5 B book of business.
• Invest in your personal development with support to train and learn new skills.
• Utilise high‑quality data science lab environments including QBE’s Google Cloud Platform.
• Exposure to the London Market: the world’s largest and most complex insurance risks, and gain exposure to UK, European insurance, and reinsurance sectors.
• Competitive compensation, pension, training, and benefits.
• Study support for actuarial exams and other relevant professional qualifications.
• 30 days holiday per year with option to buy up to 2 additional days.
• Flexible working opportunities, including part‑time, job share, and compressed hours.
• Automatic enrollment into QBE pension plan with employer contributions of 10% of basic salary.
• Full‑comprehensive private medical cover for you and family.
• Family‑friendly policies: 26 weeks leave at full pay regardless of gender identity, sexual orientation or how you become a parent.
• Short‑term remote work abroad: up to 20 days per year to work remotely from certain locations abroad.
• Sustainable investing: pension strategy supports net‑zero goal; green business investments.
• Cycle‑to‑Work benefit: bike accessories up to the value of £5,000.

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