At a Glance
- Tasks: Analyse and price reinsurance treaty business, influencing profitable decisions.
- Company: Join QBE, a global insurer with a human touch and a collaborative culture.
- Benefits: Enjoy 30 days holiday, private medical insurance, and remote work options.
- Other info: Be part of an award-winning team focused on innovation and excellence.
- Why this job: Make a real impact in a dynamic role with strong development opportunities.
- Qualifications: Actuarial pricing experience and confidence in complex analysis required.
The predicted salary is between 55000 - 65000 € 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.
Your new role
- 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. This may involve 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. Internal stakeholders include underwriting, claims, finance and senior leadership.
- Foster a culture of technical excellence, accountability, and continuous improvement within actuarial function.
About you
- 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
We value our employee’s experience with us and are proud to have been recognised for various awards.
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.
Pricing Actuary - Reinsurance in London employer: QBE Insurance Group
At QBE, we pride ourselves on being an excellent employer, offering a dynamic work culture that fosters collaboration and innovation. With a strong focus on employee development, our Pricing Actuary role in London or Brussels provides opportunities to engage with complex transactions while enjoying benefits like 30 days of holiday, comprehensive private medical insurance, and the flexibility of remote work abroad. Join us to make a meaningful impact in a supportive environment where your contributions are valued and recognised.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Actuary - Reinsurance in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at QBE. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for interviews by practising your pitch. Be ready to explain how your actuarial experience aligns with the role. Use examples from your past work to show how you can influence commercial outcomes.
✨Tip Number 3
Show off your analytical skills! Be prepared to discuss complex analyses you've done before. Make sure you can present your findings clearly, even to non-technical folks.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining the QBE team.
We think you need these skills to ace Pricing Actuary - Reinsurance in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Pricing Actuary role. Highlight your actuarial pricing experience and any relevant skills that align with the job description. We want to see how you can make an impact at QBE!
Showcase Your Analytical Skills:Since this role involves complex analyses, be sure to include examples of your analytical work. Whether it's using VBA, SQL, or R, let us know how you've tackled similar challenges in the past. We love seeing your problem-solving prowess!
Communicate Clearly:Remember, you'll need to present complex information to both technical and non-technical audiences. Use clear and concise language in your application to demonstrate your communication skills. We appreciate clarity just as much as complexity!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way to ensure your application gets to us directly. Plus, it shows you're keen on joining the QBE team. Let’s make it happen together!
How to prepare for a job interview at QBE Insurance Group
✨Know Your Numbers
As a Pricing Actuary, you'll need to demonstrate your analytical prowess. Brush up on key actuarial concepts and be ready to discuss how you've applied them in past roles. Prepare to explain your thought process behind pricing decisions and how you use data to influence outcomes.
✨Communicate Clearly
You'll often present complex analyses to both technical and non-technical audiences. Practice simplifying your explanations without losing the essence of your insights. Use examples from your experience to illustrate your points and ensure everyone understands your recommendations.
✨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 ability to support negotiations and how your insights have helped shape profitable decisions.
✨Stay Current with Trends
The insurance landscape is always evolving. Familiarise yourself with current trends in Property & Casualty insurance and reinsurance. Be ready to discuss how these trends might impact pricing strategies and portfolio management, showing that you're proactive and forward-thinking.
