At a Glance
- Tasks: Deliver insightful risk management activities and provide second-line challenge across the business.
- Company: Join QBE, a leading insurance company with a focus on innovation and collaboration.
- Benefits: Enjoy 30 days holiday, flexible working, private medical insurance, and a generous pension plan.
- Other info: Opportunity for career growth and to work in a dynamic, hybrid environment.
- Why this job: Make a real impact in risk management while developing your analytical skills in a supportive environment.
- Qualifications: Strong quantitative background with experience in risk, actuarial, or finance roles.
The predicted salary is between 55000 - 65000 £ per year.
We’re looking for a Senior Risk Analyst/ Actuary to join our Risk Challenge team in London on a permanent basis. This is a fantastic opportunity for someone with a strong quantitative background who is curious, keen to learn and motivated by adding real value to the business. The role offers exposure across a broad range of risk management activities, providing second line challenge to the business and partnering closely with stakeholders across QBE.
Your new role
- Deliver a wide range of risk management initiatives, reporting and challenge activities, acting as a key member of the Risk Challenge team.
- Apply your technical and analytical skills to provide robust insight and effective second-line challenge, supporting better decision-making across the business.
- Work closely with stakeholders across multiple functions, building strong relationships and becoming a recognised point of contact within Risk.
- Support, and in some cases lead, the delivery of key risk reporting and represent Risk at relevant forums as required.
Main responsibilities
- Deliver insightful risk management activity, being curious and tenacious in identifying insights that support sound business and risk decisions.
- Provide effective second-line challenge to a range of business functions, engaging constructively with stakeholders across QBE.
- Apply actuarial or quantitative expertise to deliver agreed risk management activities, aligned to priorities set with your line manager.
- Support, and where appropriate lead, the delivery of key risk reporting to agreed quality and governance standards.
- Analyse quantitative risk areas including, but not limited to, Insurance Risk, Credit Risk and Market Risk.
- Represent Risk at relevant forums, providing appropriate, proportionate and value-adding challenge.
- Contribute to independent validation activities, such as capital model validation under Solvency II, and risk reviews of the business plan.
- Collaborate closely with colleagues across the Risk function and other assurance teams to ensure a joined-up approach.
- Actively role-model strong risk behaviours and promote effective risk management discipline across the business.
- Support people development within the team, including training junior analysts and sharing knowledge across the Risk function.
About you
You’ll have a strong quantitative background and experience working within an insurance environment, ideally within a risk, actuarial, finance or analytical function. You’ll be naturally curious, comfortable challenging constructively and motivated by learning and development. You’re someone who enjoys engaging with stakeholders, asking thoughtful questions and translating data into meaningful insight. You’ll be keen to broaden your exposure across risk disciplines and make a tangible impact on how the business understands and manages risk.
Skills and experience you’ll need
- A quantitative background, such as an actuary or accountant (nearly or newly qualified), or similar, with at least 3 years’ experience in insurance.
- Experience working within general insurer writing business through Lloyds is preferred.
- Background in risk, actuarial, finance, reserving or capital modelling is desirable.
- Ability to analyse data and provide clear, actionable insights.
- Stakeholder engagement and relationship-management skills, with the ability to influence and challenge constructively.
- Excellent communication and presentation skills, with the ability to articulate key messages clearly.
- Good organisational skills and the ability to operate at pace.
- Knowledge of risk management processes, language, tools and systems.
- Understanding of internal models and related processes is advantageous.
- Report-writing skills and attention to detail.
- Good IT skills, including Microsoft Excel capability.
Benefits
We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances. As a QBE employee you will have access to and benefit from:
- 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.
Equal Employment Opportunity
QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.
Senior Risk Actuary/ Analyst in London employer: QBE
Contact Detail:
QBE Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Risk Actuary/ Analyst in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and engage with professionals on platforms like LinkedIn. Building relationships can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by researching the company and its risk management practices. Be ready to discuss how your quantitative skills can add value to their team. Show them you’re not just another candidate, but someone who’s genuinely interested in their mission.
✨Tip Number 3
Practice your storytelling! When discussing your experience, frame it in a way that highlights your analytical skills and how you've tackled challenges in previous roles. This will help you stand out as a candidate who can think critically and provide valuable insights.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Senior Risk Actuary/ Analyst in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Risk Analyst/Actuary role. Highlight your quantitative skills and relevant experience in risk management, as this will show us you’re a great fit for the team.
Craft a Compelling Cover Letter: Your cover letter should reflect your curiosity and motivation to learn. Use it to explain why you want to join our Risk Challenge team and how your background aligns with the responsibilities outlined in the job description.
Showcase Your Analytical Skills: In your application, don’t forget to showcase your analytical skills. Provide examples of how you've used data to make sound business decisions or challenge existing processes, as this is key for the role.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. This way, we can easily track your application and ensure it gets the attention it deserves!
How to prepare for a job interview at QBE
✨Know Your Numbers
As a Senior Risk Analyst/Actuary, you'll need to demonstrate your strong quantitative skills. Brush up on key metrics and data analysis techniques relevant to risk management. Be prepared to discuss how you've applied these skills in previous roles, especially in insurance or actuarial contexts.
✨Engage with Stakeholders
This role involves a lot of interaction with various stakeholders. Practice articulating your thoughts clearly and concisely. Think of examples where you've successfully influenced decisions or provided constructive challenges to business functions. Show that you can build relationships and communicate effectively.
✨Show Your Curiosity
The job description highlights the importance of being curious and tenacious. Prepare questions that show your interest in the company's risk management processes and how they align with industry standards. This will demonstrate your eagerness to learn and contribute meaningfully.
✨Prepare for Technical Questions
Expect technical questions related to risk areas like Insurance Risk, Credit Risk, and Market Risk. Review relevant concepts and be ready to discuss how you've tackled similar challenges in the past. Being able to translate complex data into actionable insights will set you apart.