At a Glance
- Tasks: Shape global Cyber pricing using actuarial expertise and data science.
- Company: Join QBE Insurance, a leader in innovative risk solutions.
- Benefits: 30 days holiday, flexible working, private medical insurance, and sustainable investing.
- Other info: Fully remote role with excellent career growth opportunities.
- Why this job: Make a real impact in Cyber pricing while developing your skills.
- Qualifications: Strong analytical skills, proficiency in Excel and Python, and a proactive learning attitude.
The predicted salary is between 60000 - 80000 £ per year.
hackajob is collaborating with QBE Insurance to connect them with exceptional professionals for this role.
Time Type: Full time
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.
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. We're building momentum towards our vision to become the most consistent and innovative risk partner.
Key Responsibilities:
- 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.
Key Skills:
- 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.
StudySmarter Expert Advice🤫
We think this is how you could land Pensions Actuary - Fully Remote in Bristol
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like QBE Insurance). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like QBE Insurance. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Pensions Actuary - Fully Remote in Bristol
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at QBE Insurance.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at QBE Insurance. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at QBE Insurance
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at QBE Insurance to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at QBE Insurance, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding QBE Insurance's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
