At a Glance
- Tasks: Lead a team in delivering expert actuarial advice and analysis for international markets.
- Company: Join QBE, a global insurer with a human touch and a collaborative culture.
- Benefits: Enjoy 30 days holiday, flexible working, and comprehensive health insurance.
- Other info: Be part of a dynamic team with excellent growth opportunities.
- Why this job: Make a real impact while developing your career in a supportive environment.
- Qualifications: Experience in actuarial functions and strong leadership skills required.
The predicted salary is between 63000 - 77000 £ per year.
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 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. We're building momentum towards our vision to become the most consistent and innovative risk partner.
The opportunity
We're looking for a Reserving Manager to join our Actuarial Reserving team, supporting products across our International Markets division on a full‐time, permanent basis. This is a key role within the function, offering the opportunity to take ownership of reserving advice, lead stakeholder relationships, and influence business planning and portfolio analysis across the division. You'll play a central role in ensuring technical excellence, supporting senior leaders, and developing actuarial capability within the team.
Your new role
Reporting to the Head of Reserving: International Markets, you'll provide expert actuarial advice to the business, ensuring high technical quality in quarterly reserving, business planning and deep‐dive portfolio analysis. You'll take ownership of relationships with underwriters, claims and finance, while leading and developing a team of actuaries. You'll act as a trusted advisor, supporting informed decision‐making and contributing to the ongoing development and strategic direction of the reserving function.
Key responsibilities:
- Deliver high‐quality reserving advice, including half-yearly reserving, business planning and portfolio deep dives.
- Forecast technical provisions, reserve margins and reserve uncertainty to support reporting, accounts, planning and commutations.
- Act as a trusted advisor to underwriters, claims and finance, building strong and effective stakeholder relationships.
- Ensure technical excellence, clear articulation of assumptions and appropriate consideration of materiality.
- Lead and develop actuarial team members, providing coaching, feedback and career guidance.
- Oversee actuarial processes and controls to ensure robust governance, accuracy and regulatory compliance.
- Drive continuous improvement by enhancing models, processes, systems and ways of working.
- Contribute to business discussions, identifying key uncertainties and providing insight to support decision‐making.
- Manage delivery against agreed timelines, taking ownership and accountability for outputs.
- Stay abreast of regulatory developments and actuarial best practice, reflecting these in technical work.
About you
You'll have significant experience working within an actuarial function in a multinational financial services organisation, ideally within General Insurance. You'll bring strong technical expertise, leadership capability and the confidence to engage and influence senior stakeholders.
Skills and experience you'll need:
- Effective communication skills and active participation in wider business discussions.
- Ability to influence and persuade, both directly and indirectly.
- Ability to work independently while collaborating effectively within a team.
- Strong organisational skills, with the ability to manage own workload and that of others.
- Agile and responsive approach while working within defined procedures.
- Willingness to challenge established processes and suggest improvements.
- Advanced Excel and analytical tool skills, with the ability to build sophisticated models.
- Strong numerical analysis and data interpretation skills.
- Fellow of the Institute of Actuaries or equivalent.
Benefits
We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances. As a QBE employee you will have access to and benefit from:
- 30 days holiday a year with the option to buy up to 2 additional days.
- Flexible working - balancing work and life is important so our flexible working opportunities are open to all, this can include part-time, job share and compressed hours.
- 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.
- Family friendly policies – we offer 26 weeks leave at full pay regardless of gender identity, sexual orientation or how you become a parent.
- Short term remote work abroad - you can request up to 20 days per year to work remotely from certain locations abroad.
- Sustainable investing - we believe sustainable integration is important for long term financial, environmental, and social outcomes.
- Cycle-to-Work – benefit from regular exercise whilst making your commute greener and cheaper, select and bike and/or accessories up to the value of 5,000.
To find out more visit our Rewarding our people - QBE European Operations.
Apply now and let's make it happen! If you're looking for a career that combines your expertise and your empathy, click Apply today.
Manager, Actuarial Insurance in London employer: QBE Insurance Group
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