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 options.
- Other info: Remote work options and excellent career growth opportunities await you.
- Why this job: Make a real impact in Cyber pricing while developing your skills in a dynamic environment.
- 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. All potential candidates should read through the following details of this job with care before making an application.
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.
Required 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 opportunities, including part-time, job share and compressed hours.
- Pension plan with employer contributions of 10% of your basic salary.
- Private medical insurance for you and your family.
- 26 weeks leave at full pay regardless of gender identity, sexual orientation or how you become a parent.
- Short term remote work abroad - request up to 20 days per year to work remotely from certain locations abroad.
- Sustainable investing aligned with net-zero goals.
- Cycle-to-Work scheme to make your commute greener and cheaper.
Skills: Actuarial Science, Analytical Thinking, Collaboration Tools, Communication, Critical Thinking, Customer Service, Data Quality Assessments, Intentional collaboration, Managing performance, Price Modelling, Pricing Strategies, Programming Languages, Research Analysis, Risk Management, Working Independently.
Pensions Actuary - Fully Remote in Westminster 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 Pensions Actuary - Fully Remote in Westminster
✨Tap into Campus Networks
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We think you need these skills to ace Pensions Actuary - Fully Remote in Westminster
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.
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'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
✨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.
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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
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✨Network with Industry Professionals
Before your interview, reach out to current or former QBE Insurance 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.