Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join our Actuarial Reserving team and provide expert actuarial advice.
- Company: QBE, a global insurer with a human touch and innovative culture.
- Benefits: 30 days holiday, flexible working, private medical insurance, and sustainable investing options.
- Why this job: Make a real impact in a dynamic environment while developing your actuarial skills.
- Qualifications: Experience in actuarial functions and strong analytical skills required.
- Other info: Opportunities for career growth and coaching student actuaries.
The predicted salary is between 28800 - 48000 £ per year.
At QBE, we get to the heart of what matters for our customers. We are 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.
We are looking for a Reserving Actuary to join our Actuarial Reserving team responsible for products across our International Markets division on a full-time, permanent basis.
Your new role
Reporting to the Reserving Manager, you will provide actuarial advice to the relevant business units, developing relationships with key stakeholders and ensuring technical quality of work undertaken. You will deliver quarterly reserving advice, input into business planning, reserve variability and business partnering to undertake deep dives into relevant segments of the portfolio, supporting the Actuarial Manager as required.
Other responsibilities:
- Perform the forecasting of technical provisions, reserve margins and reserve uncertainties to support business analysis/MI for reports and accounts, business planning, profitability studies and commutations.
- Support senior team members in working through complexity and explaining key assumptions to stakeholders.
- Support the development of student actuaries through formal and informal coaching and providing performance feedback to the reserving manager and professional guidance to junior team members.
- Identify areas for continuous improvement, drive towards efficiencies in process, challenge the status quo.
- Manage and monitor Actuarial processes, where applicable, to ensure their continued delivery and improvement.
- Ensure appropriate checks are performed within processes to minimise inaccuracies, both on your own work and the review of others.
- Use and assist with the development of appropriate systems and procedures to ensure accurate data is used and subsequently appropriate analyses produced.
- Plan and execute existing projects with multiple components with minimal direction.
- Manage your own workflow and work largely independently, escalating for support when needed.
- Build relationships with internal and external stakeholders to improve customer focus.
- Understand developments in the wider Actuarial community to stay abreast of current development.
- Keep the bigger picture in mind, with the ability to think through longer-term implications and contribute to team strategic planning.
- Understand the impact of the regulatory environment on technical work.
About you
You will have experience of working within the actuarial function in a multinational financial services business, ideally within GI. You will understand industry best practice in actuarial analysis, modelling and underwriting, and risk and compliance issues.
Skills you will need:
- Experience in discussions with wider business and stakeholder management skills.
- Experience in the use and interpretation of numerical data.
- Experience in Excel and other analytical tools.
- Ability to develop sophisticated models to address business needs.
- Ability to question established processes and suggest improvements.
- Experience working in an agile manner, responsive to stakeholder requirements.
- Influencing and collaboration skills.
- Organisational skills.
Benefits
We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances:
- 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.
- Family friendly policies offering 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 strategy supporting net-zero goals.
- Cycle-to-Work scheme.
Awards & Recognition
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.
Reserving Actuary in London employer: QBE
Contact Detail:
QBE Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reserving Actuary 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. Building relationships can open doors that a CV just can't.
✨Ace the Interview
Prepare for your interviews by researching QBE and the role of a Reserving Actuary. Think about how your skills align with their needs and be ready to share examples of your past work. Confidence is key!
✨Show Your Passion
When you get the chance to chat with potential employers, let your enthusiasm shine through. Talk about why you're excited about the role and how you can contribute to QBE's vision.
✨Follow Up
After your interview, don’t forget to send a thank-you email. It shows your appreciation and keeps you on their radar. Plus, it’s a great opportunity to reiterate your interest in the position!
We think you need these skills to ace Reserving Actuary in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Reserving Actuary role. Highlight relevant experience and skills that match the job description, like your actuarial expertise and stakeholder management skills. We want to see how you can make an impact!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with QBE's values. Don’t forget to mention any specific projects or achievements that showcase your skills.
Showcase Your Analytical Skills: Since this role involves a lot of data analysis, be sure to highlight your experience with Excel and other analytical tools. We love seeing examples of how you've developed sophisticated models or improved processes in your previous roles.
Apply Through Our Website: We encourage you to apply directly through our website for a smoother application process. It’s quick and easy, and you'll be one step closer to joining our amazing team at QBE!
How to prepare for a job interview at QBE
✨Know Your Numbers
As a Reserving Actuary, you'll be dealing with a lot of numerical data. Brush up on your statistical analysis skills and be ready to discuss how you've used data to inform decisions in past roles. Prepare examples that showcase your ability to develop sophisticated models and interpret complex data.
✨Understand the Business
Familiarise yourself with QBE's business model and the specific products within the International Markets division. Be prepared to discuss how your actuarial advice can impact business planning and profitability. Showing that you understand the bigger picture will impress your interviewers.
✨Build Relationships
Stakeholder management is key in this role. Think about how you've successfully built relationships in previous positions. Be ready to share examples of how you've collaborated with others to drive improvements or resolve issues, as this will demonstrate your influencing skills.
✨Show Continuous Improvement Mindset
QBE values innovation and efficiency. Come prepared with ideas on how you could identify areas for continuous improvement within the actuarial processes. Discuss any experiences where you've challenged the status quo and implemented changes that led to better outcomes.
