At a Glance
- Tasks: Join our dynamic team as an Actuarial Analyst and dive into exciting data-driven projects.
- Company: QBE, a global insurer with a human touch and a collaborative culture.
- Benefits: Enjoy 30 days holiday, flexible working, private medical insurance, and a generous pension plan.
- Other info: Access learning tools and enjoy a supportive environment with excellent career growth opportunities.
- Why this job: Make a real impact in the insurance industry while developing your actuarial skills.
- Qualifications: Passion for data, experience with Python, Power BI, SQL, and ongoing actuarial exams.
The predicted salary is between 40000 - 50000 € per year.
At QBE, we get to the heart of what matters for our customers. We’re an international insurer with more than 13,000 people working across 26 countries. It’s an exciting time as we build momentum towards our vision to become the most consistent and innovative risk partner.
Ready to take your actuarial career to the next level? The Strategy Planning and Performance (SPP) Team is on the lookout for a dynamic Actuarial Analyst to join our high-energy crew! This is your chance to make a real impact by partnering with underwriters and key business functions in a role that's as exciting as it is varied.
Your new role as an Actuarial Analyst includes:
- Diving into the full business planning process for key business lines, using a mix of actuarial techniques to calculate loss ratios and uncover insights.
- Contributing to strategic profitability analysis and reviews, getting a deep understanding of what drives performance across the board.
- Leading scenario testing and creating "what-if" analysis for portfolios that are growing or undergoing changes.
- Conducting claims inflation reviews and using data to spot trends and make recommendations.
- Helping with DUA and broker profitability reviews, bringing fresh insights to the table.
- Getting involved in case pricing - while not the main focus of the team, there’s an opportunity for hands-on pricing experience across all lines using both deterministic and stochastic techniques.
We’re looking for someone who’s currently working through their actuarial exams and has a passion for data and tools like Python, Power BI, and SQL. If you're a curious, detail-oriented problem solver who loves learning and collaborating with others, we want to hear from you!
Skills you’ll need:
- Some commercial experience in an actuarial role (e.g., pricing or reserving in General Insurance or Personal Lines).
- Analytical skills and a love for working with data.
- Solid Excel abilities, with a knack for spotting trends and summarising data.
- SQL experience is a plus—comfortable working with large data sets.
- A collaborative, flexible mindset and a self-starter who’s eager to learn and grow.
We offer a range of benefits to help provide holistic support for your work life, including:
- 30 days holiday a year with the option to buy up to 2 additional days.
- Flexible working opportunities.
- Pension plan with employer contributions of 10% of your basic salary.
- Private medical insurance for you and your family.
- Family friendly policies with 26 weeks leave at full pay.
- Short term remote work abroad options.
- Cycle-to-Work scheme.
QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.
Actuarial Analyst in London employer: QBE
At QBE, we pride ourselves on being an exceptional employer, offering a vibrant work culture that fosters collaboration and innovation. With access to extensive benefits such as 30 days of holiday, flexible working arrangements, and comprehensive private medical insurance, we support our employees' well-being and professional growth. Located in London, our dynamic team environment encourages continuous learning and development, making it an ideal place for Actuarial Analysts to thrive and make a meaningful impact.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Analyst in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even hit up LinkedIn. The more you engage with others, the better your chances of landing that Actuarial Analyst role at QBE.
✨Ace the Interview
Prepare for your interview by practising common actuarial questions and showcasing your analytical skills. Remember to highlight your experience with tools like Python and SQL, as they’re key for this role. We want to see your passion shine through!
✨Show Off Your Skills
Don’t just talk about your skills—demonstrate them! Bring examples of your work or projects where you’ve used data analysis to drive insights. This will help us see how you can make a real impact at QBE.
✨Apply Through Our Website
Make sure to apply directly through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about joining our team.
We think you need these skills to ace Actuarial Analyst in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Actuarial Analyst role. Highlight relevant experience, especially any commercial actuarial work you've done. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to express your passion for data and actuarial science. Share why you're excited about joining our team at QBE and how you can contribute to our goals.
Showcase Your Skills:Don’t forget to mention your technical skills! If you’ve got experience with Python, SQL, or Power BI, let us know. We love seeing candidates who are eager to learn and grow in these areas.
Apply Through Our Website:We encourage you to apply directly 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 serious about joining our team!
How to prepare for a job interview at QBE
✨Know Your Numbers
As an Actuarial Analyst, you'll be dealing with a lot of data. Brush up on your statistical analysis skills and be ready to discuss how you've used data to drive insights in previous roles. Be prepared to explain your thought process when analysing loss ratios or conducting scenario testing.
✨Showcase Your Technical Skills
Make sure you highlight your experience with tools like Python, Power BI, and SQL during the interview. Bring examples of projects where you've used these tools to solve problems or improve processes. This will show that you're not just familiar with the software, but that you can apply it effectively.
✨Demonstrate Your Collaborative Spirit
QBE values teamwork, so be ready to share examples of how you've worked collaboratively in the past. Discuss any experiences where you partnered with underwriters or other business functions to achieve a common goal. This will illustrate your ability to fit into their dynamic team environment.
✨Ask Insightful Questions
Prepare thoughtful questions about the role and the company. Inquire about the specific challenges the SPP team is currently facing or how they measure success in the Actuarial Analyst position. This shows your genuine interest in the role and helps you assess if it's the right fit for you.
