Reinsurance Pricing Actuary
Reinsurance Pricing Actuary

Reinsurance Pricing Actuary

Full-Time 55000 - 65000 £ / year (est.) No home office possible
QBE

At a Glance

  • Tasks: Analyse data and support pricing decisions in a dynamic reinsurance environment.
  • Company: Join QBE, a global insurer with a human touch and a collaborative culture.
  • Benefits: Enjoy 30 days holiday, flexible working, and comprehensive health insurance.
  • Other info: Opportunity for travel and excellent career growth in a fast-paced environment.
  • Why this job: Make a real impact while developing your actuarial skills in a supportive team.
  • Qualifications: Experience in pricing actuarial roles and strong analytical skills required.

The predicted salary is between 55000 - 65000 £ per year.

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.

The opportunity

We’re looking for a dynamic actuarial professional ready to take their career to the next level. In this role, you’ll be responsible for pricing and portfolio management activities across the reinsurance portfolio underwritten from our Dublin office, supporting key underwriting and strategic decisions within QBE RE. This is a broad, commercially focused role where you’ll work across pricing, portfolio management, renewals, reserving and technical analysis — with real exposure to senior stakeholders and business-critical decisions.

What sets this opportunity apart?

You’ll also have the chance to travel 1–4 times a year, building relationships with colleagues and clients across the global QBE RE network and contributing to the success of our international reinsurance business.

Your new role

Reporting to the Technical Underwriting Manager, you’ll work closely with underwriters, brokers, actuarial and reserving teams. You’ll play a key role in supporting the pricing and management of the portfolio, providing insight that drives profitability, performance and strategic growth. You’ll also contribute to wider QBE RE initiatives and projects, collaborating with colleagues across our global offices.

Main responsibilities:

  • Prepare reports and data to support pricing reviews and portfolio analysis
  • Develop strong relationships with internal stakeholders including underwriting and reserving
  • Recommend and implement changes to actuarial assumptions and pricing models
  • Apply appropriate actuarial techniques and models to support business decisions
  • Develop and enhance reporting and analytical tools to deliver business insight
  • Identify trends across portfolio performance, valuation and data analysis
  • Use and link data sources to support performance measurement
  • Provide technical guidance and support to less experienced actuarial colleagues
  • Ensure accuracy and integrity of data through robust checks and controls
  • Maintain strong stakeholder relationships across the business

About you

You have a strong interest in data, analytics and reinsurance pricing. You’re curious, detail‑driven and enjoy working collaboratively in a fast‑paced environment.

Skills you’ll need:

  • Good experience in a pricing actuarial role within insurance or reinsurance
  • Analytical skills and confidence working with large data sets
  • Excellent Excel skills, with the ability to identify trends and summarise insight
  • Experience in a programming language (Python, VBA, R…) is advantageous
  • A proactive, collaborative mindset with a desire to learn and develop
  • Problem‑solving and communication skills

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.

Awards & Recognition

We value our employee’s experience with us and are proud to have been recognised for the following awards:

  • Winner of Excellence in Diversity, Equity & Inclusion Award 2025 at the Insurance Business Australia Awards for our Respect@QBE program
  • Insurance Post British Insurance Awards 2025: Winner: Commercial Lines Insurer of the Year, Winner: Reinsurer of the Year - QBE Re, Winner: ESG, Diversity, Equity and Inclusion Initiative of the Year, Winner: Insurance Personality of the Year - Chris Wallace, Executive Director UK insurance
  • AXCO Global Insurance Awards 2024 Winner: Network Management of the Year
  • Insurance Business UK 5-Star Cyber Awards 2024: QBE rated as a 5-Star Cyber Insurer
  • UK IT Industry Awards 2023 Winner: Green Technology Innovation of the Year
  • Working Dads Employer Awards 2023 Winner: Parental Policies Award
  • Insurance Post British Insurance Awards 2023: QBE rated as a 5-Star Employee

Apply now and let’s make it happen! If you’re looking for a career that combines your expertise and your empathy, click Apply today. Your career. At the heart of it.

How to Apply:

To submit your application, click "Apply" and follow the step by step process.

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.

Reinsurance Pricing Actuary employer: QBE

At QBE, we pride ourselves on being an exceptional employer, offering a vibrant work culture that fosters collaboration and innovation. With generous benefits such as 30 days of holiday, flexible working arrangements, and comprehensive private medical insurance, we support our employees' well-being and professional growth. Our Dublin office provides a unique opportunity to engage with global colleagues while contributing to impactful projects in the reinsurance sector, making your career both meaningful and rewarding.
QBE

Contact Detail:

QBE Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Reinsurance Pricing Actuary

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect with QBE employees on LinkedIn. Building relationships can open doors that a CV just can't.

✨Tip Number 2

Prepare for interviews by researching QBE's values and recent projects. Show us how your skills align with our mission to be an innovative risk partner. Tailor your answers to reflect our culture!

✨Tip Number 3

Practice your problem-solving skills! We love candidates who can think on their feet. Use real-world scenarios to demonstrate how you tackle challenges, especially in pricing and data analysis.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining the QBE team.

We think you need these skills to ace Reinsurance Pricing Actuary

Actuarial Science
Analytical Skills
Data Analysis
Excel Skills
Programming (Python, VBA, R)
Problem-Solving Skills
Communication Skills
Stakeholder Management
Portfolio Management
Pricing Models
Technical Analysis
Attention to Detail
Collaborative Mindset
Trend Identification

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Reinsurance Pricing Actuary role. Highlight relevant experience and skills that match the job description, like your analytical skills and experience with large data sets.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a great fit for QBE. Don’t forget to mention your interest in data and analytics!

Showcase Your Technical Skills: Since this role involves working with actuarial techniques and programming languages, be sure to showcase any relevant technical skills you have. Mention your proficiency in Excel and any programming languages like Python or R.

Apply Through Our Website: We encourage you to apply through our website for a smooth application process. It’s the best way to ensure your application gets the attention it deserves, so don’t hesitate!

How to prepare for a job interview at QBE

✨Know Your Numbers

As a Reinsurance Pricing Actuary, you'll be dealing with data and analytics all day long. Brush up on your numerical skills and be ready to discuss how you've used data to drive decisions in previous roles. Be prepared to explain your thought process when analysing trends or making recommendations.

✨Showcase Your Technical Skills

Make sure you highlight your experience with Excel and any programming languages like Python or R. Bring examples of how you've applied these skills in real-world scenarios, especially in pricing models or portfolio management. This will show that you're not just familiar with the tools, but that you can use them effectively.

✨Build Relationships

Since this role involves working closely with underwriters and other stakeholders, demonstrate your ability to build strong relationships. Share examples of how you've collaborated with different teams in the past and how you approach communication to ensure everyone is on the same page.

✨Be Curious and Proactive

QBE values a proactive mindset, so come prepared with questions about the company and the role. Show your curiosity about their reinsurance strategies and how you can contribute to their goals. This will not only demonstrate your interest but also your willingness to learn and grow within the company.

Reinsurance Pricing Actuary
QBE

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