Pensions Actuary - Fully Remote in London

Pensions Actuary - Fully Remote in London

London Full-Time No working from home possible
QBE Insurance Group

At a Glance

  • Tasks: Join our Global Cyber Pricing team to develop innovative pricing models and collaborate with diverse teams.
  • Company: QBE, a leading international insurer with a focus on innovation and sustainability.
  • Benefits: Enjoy 30 days holiday, flexible working, private medical insurance, and a generous pension plan.
  • Other info: Work remotely, enjoy family-friendly policies, and contribute to sustainable investing.
  • Why this job: Make a real impact in the exciting field of Cyber pricing while developing your skills.
  • Qualifications: Experience in General Insurance, strong analytical skills, and proficiency in Excel and Python.

We are seeking a Global Pricing Actuary to join our Group Pricing team in London, supporting Cyber pricing on a global scale. This role combines business partnering, underwriting collaboration, and advanced pricing analytics, with a focus on the robust development and controlled deployment of pricing models into production.

Our ambition is to be a market‑leading Cyber Pricing team. Working closely with Underwriters, we aim to deliver profitable and sustainable growth, while investing in the capability of our people. We are committed to developing expertise across both insurance and data science, and to equipping our team with the tools, data, and insights they need to excel.

Your new role:

  • Operate within the Global Cyber Pricing team, building and maintaining strong relationships across the global Cyber community, including Underwriting, Pricing, Technology, Actuarial and offshore teams.
  • Lead the development and delivery of Cyber pricing models to Divisional Pricing teams, including implementation into pricing systems and collaboration with the Technology community, alongside supporting testing and validation.
  • Partner with third-party data providers to enhance internal datasets and support external data submissions.
  • Provide analytical insight to inform portfolio management, performance projections, rate change strategy, and ongoing pricing model development.
  • Integrate advanced data science techniques with traditional actuarial methods to support a market-leading Cyber pricing approach.
  • Provide oversight, support and guidance to the Group Pricing India team to ensure consistent and high-quality delivery.

About You:

  • Experience working within General Insurance; exposure to Cyber is beneficial.
  • Strong analytical and problem-solving capability, with the ability to interpret complex data and generate insight.
  • Effective communication skills, with the ability to collaborate and build relationships across teams.
  • A proactive approach to learning, with a willingness to develop new skills and capabilities.
  • Ability to manage multiple priorities and deliver to deadlines in a dynamic environment.
  • Comfortable working both independently and as part of a team in a delivery-focused setting.
  • Strong technical capability in Excel and Python; knowledge of SQL or R would be advantageous.

Benefits:

  • 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.

How to Apply:

If you’re looking for a career that combines your expertise and your empathy, click Apply today.

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

Pensions Actuary - Fully Remote in London employer: QBE Insurance Group

QBE Insurance Group is an excellent employer, offering a dynamic work environment in Leeds that promotes a healthy work-life balance through its hybrid work model. Employees benefit from competitive perks such as 30 days of holiday and private medical insurance, alongside opportunities for professional growth and development in the field of personal injury claims. The company's commitment to sustainable investing further enhances its appeal, making it a rewarding place for those looking to make a meaningful impact in their careers.

QBE Insurance Group

Contact Details:

QBE Insurance Group Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Pensions Actuary - Fully Remote in London

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like QBE Insurance Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Pensions Actuary - Fully Remote in London

Actuarial Science
Analytical Thinking
Collaboration Tools
Communication Skills
Critical Thinking
Data Quality Assessments
Price Modelling

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to QBE Insurance Group.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on QBE Insurance Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at QBE Insurance Group

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with QBE Insurance Group.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at QBE Insurance Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former QBE Insurance Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.