At a Glance
- Tasks: Analyse and price reinsurance treaty business, influencing profitable decisions.
- Company: Join QBE, a global insurer with a human touch and innovative spirit.
- Benefits: 30 days holiday, private medical insurance, and remote work options.
- Other info: Collaborate with talented colleagues and develop your skills in a supportive culture.
- Why this job: Make a real impact in a dynamic environment with strong career growth.
- Qualifications: Actuarial pricing experience and confidence in complex analysis.
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.
We value our employee’s experience with us and are proud to have been recognised for various awards.
If you’re looking for a career that combines your expertise and your empathy, click Apply today.
Pricing Actuary - Reinsurance employer: QBE Insurance Group
At QBE, we pride ourselves on being an excellent employer, offering a dynamic work environment in London or Brussels where actuaries can thrive. With a strong focus on employee development, a culture of collaboration, and a commitment to innovation, our team enjoys comprehensive benefits including generous holiday allowances, private medical insurance, and opportunities for remote work abroad. Join us to make a meaningful impact while working alongside passionate professionals in the reinsurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Actuary - Reinsurance
✨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 skills can directly impact pricing decisions and support underwriters. Show them you’re not just about numbers!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you note. It shows your enthusiasm and keeps you fresh in their minds.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of the QBE team.
We think you need these skills to ace Pricing Actuary - Reinsurance
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Pricing Actuary role. Highlight your actuarial pricing experience and any relevant skills that match the job description. We want to see how you can influence commercial outcomes!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about reinsurance and how your background makes you a great fit for our team. Keep it engaging and personal – we love a good story!
Showcase Your Analytical Skills:Since this role involves complex analyses, be sure to mention any analytical tools you've used, like VBA or SQL. We want to know how you approach problem-solving and what methodologies you’ve developed or improved.
Apply Through Our Website:Don’t forget to apply through our website! It’s the easiest way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining the QBE family!
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 your actuarial models and be ready to discuss how you've used data to influence pricing decisions in the past. Be prepared to explain complex analyses in simple terms, as you’ll need to communicate with both technical and non-technical audiences.
✨Showcase Your Collaboration Skills
This role involves working closely with underwriters and brokers. Think of examples where you've successfully collaborated with others to achieve a common goal. Highlight your ability to negotiate and support underwriters during meetings, as this will show that you're not just a numbers person but also a team player.
✨Prepare for Scenario Questions
Expect questions that ask you to analyse hypothetical situations or past experiences. Practice articulating your thought process when faced with complex pricing scenarios. This will help you demonstrate your critical thinking and problem-solving skills, which are crucial for this role.
✨Understand the Business Context
Familiarise yourself with the Property & Casualty insurance landscape and current market trends. Being able to discuss how external factors impact pricing strategies will show that you’re not only technically skilled but also commercially aware, which is key for influencing profitable reinsurance decisions.
