At a Glance
- Tasks: Lead global Property pricing strategy and enhance pricing models for profitability.
- Company: Join QBE Insurance, a global leader with a human touch.
- Benefits: Enjoy hybrid working, competitive salary, and career growth opportunities.
- Other info: Collaborative environment with a focus on continuous improvement and innovation.
- Why this job: Make a real impact in shaping innovative pricing strategies worldwide.
- Qualifications: Strong experience in insurance pricing, especially in Property.
The predicted salary is between 80000 - 100000 £ per year.
hackajob is collaborating with QBE Insurance to connect them with exceptional professionals for this role.
Primary Details
- Time Type: Full time
- Worker Type: Employee
Role Highlights
- London based role with hybrid working
Play a key role in shaping global Property pricing strategy, influencing underwriting decisions and driving profitable growth.
The Opportunity
This is a strategic opportunity to play a key role in shaping and embedding best‑in‑class technical pricing across our global Property portfolio. You’ll lead the development and continuous enhancement of pricing models, ensuring they are robust, commercially relevant, and fully integrated into underwriting decision‑making. Working closely with underwriting, portfolio management, and data teams, you’ll provide insight and challenge on pricing performance to drive profitability and optimisation. You’ll also contribute to ongoing pricing transformation, strengthening tools, governance, and frameworks, while collaborating across our global pricing community to balance consistency with local market needs.
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. What if you could have a positive impact – at work and in the world? As part of the QBE team, you’ll get to spend every day working with people who are passionate, talented and kind.
Your new role:
- Provide leadership and oversight to ensure the Group Property technical pricing framework is delivered consistently across divisions, aligned with Group Pricing Standards and return-on-capital objectives.
- Develop and maintain the Group Property technical pricing framework, with a strong emphasis on enhancing the quality of technical pricing and building confidence in technical rate adequacy as a strategic enabler for portfolio management and decision-making.
- Lead and develop an offshore team responsible for sourcing, transforming, and validating divisional data, and for building non-Catastrophe Property peril models using appropriate modelling techniques in collaboration with divisional pricing teams.
- Work closely with the Catastrophe Modelling team to integrate Cat model outputs including allocated reinsurance costs and capital costs to produce a comprehensive total technical price.
- Oversee deployment of pricing tools into underwriting workflows, ensuring solutions meet underwriter requirements and meaningfully support risk selection and pricing decisions.
- Monitor and challenge pricing performance, including rate change and rate adequacy, and provide actionable insights to support portfolio optimisation and profitability targets.
- Collaborate with underwriting, portfolio management, product committee, and claims to improve data quality, enhance pricing insight, and ensure consistent application of technical pricing.
- Represent global pricing community in Property product committees and provide technical expertise to support data driven decisions.
- Contribute to pricing transformation initiatives, including tool enhancement, infrastructure improvements, and adoption of new methodologies and technologies.
- Provide leadership and engage with the global pricing community to align Group and Divisional teams, balancing standardisation with local market requirements and divisional needs. Contribute to the development and execution of the Global Pricing Strategy.
- Lead the ongoing evolution of the Property pricing operating model, including prioritisation, delivery cadence, and effective alignment across Group, offshore and divisional pricing teams to support scalable pricing solution delivery.
Having the right to work in the UK is a requirement for this role. QBE may consider sponsorship at its discretion.
About You
Strong experience in insurance pricing, with a focus on Property or Speciality.
Group Head of Property Pricing in Liverpool employer: QBE Insurance
QBE Insurance is an exceptional employer, offering a dynamic work environment in London with hybrid working options that promote a healthy work-life balance. Employees benefit from generous holiday allowances, comprehensive health coverage, and robust pension contributions, all while being part of a collaborative culture that values innovation and personal growth. With a commitment to sustainability and diversity, QBE empowers its team to make a meaningful impact both within the company and in the wider community.
StudySmarter Expert Advice🤫
We think this is how you could land Group Head of Property Pricing in Liverpool
✨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 Group Head of Property Pricing in Liverpool
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.
