Senior Actuarial Analyst
Primary Details Time Type: Full time Worker Type: Employee To support the provision of a range of Actuarial services to help ensure that business decisions are made using the best possible quantitative information and support Senior Actuarial Analyst London/ Leeds Permanent (Hybrid) At QBE, our purpose is to enable a more resilient future. We are an international insurer and reinsurer with a local presence in 27 countries. The opportunity We're hiring for a Senior Actuarial Analyst to join our London or Leeds team on a full time, permanent basis. In this role, you'll support the provision of a range of Actuarial Reserving services to help ensure that business decisions are made using the best possible quantitative information and support. What will you get in return? Full actuarial study support including paid study leave and financial incentives linked to exam progress Supportive, collaborative and fun working environment A company where diversity and inclusion are much more than just buzzwords but rather philosophies which are anchored in our DNA Be part of a company that writes a diverse global portfolio of insurance business and is one of the biggest players in the Lloyd’s/London market Your new role In this role, you'll maintain close working relationships with the Underwriting divisions, and Claims, Reinsurance and Finance in order to gain a thorough understanding of the portfolios and their drivers of profitability. The Actuarial department strives for continuous improvement. We're supported by a dedicated combined in-house development team for database and system maintenance and development. This enables the teams to spend less time processing data and more time on analytical thinking. Main responsibilities: Good quality data provides the bedrock of any solid actuarial analysis – you will spend time preparing, validating, and analysing data for use in models. Use your growing actuarial knowledge to help make parameterisation decisions e.g. how volatile should a particular distribution be? How much can we rely on the historical claims data when trying to model the future? Help to calibrate and run models (e.g. reserving models, capital models etc.) and then analyse the outputs to make sure the results make ‘real-world’ sense Use the outputs of these models to help the company make better decisions e.g. should we buy an additional layer of reinsurance coverage or not? Should we continue writing a particular type of insurance business? Reserving: support half yearly reserve assessments, monitoring performance with interim analyses including actual vs expected and portfolio analysis. Helping to provide business analysis/MI for reports and accounts. Capital Modelling: assist in the preparation of Reserve Risk and Underwriting Risk parameterisation ? Ensure to maintain the high standards of the actuarial profession by complying with all: Relevant actuarial standards and good practice Legal and regulatory requirements About You We’re looking for someone who’s currently working through their actuarial exams and have some experience in Reserving ideally from within London Market General Insurance. Skills you'll need: Communicate information in a clear, well-organised and professional manner Comfortable in building and maintaining strong relationships both internally and externally Ability to work independently Strong skills in Excel and other analytical tools Comfortable working with and interpreting numerical data Ability to organise own work to meet deadlines Demonstrated interest in enhancing knowledge; seeks opportunities to learn and grow Why QBE? At My Best? ?At QBE, we want our people to feel rewarded and inspired to perform at their best, that’s why we have created “At My Best”.It’s our connection, our way of showing we have your back. We understand that one size doesn’t fit all and that priorities can change depending on your life stage. That is why our blend of wellbeing initiatives and benefits offer flexibility to suit what matters most to you. It’s in the culture of our business, our QBE DNA, to support our people. Everything we do is underpinned by our QBE DNA.?? #LI-Hybrid We’re an international insurer that’s building momentum towards realising our vision of becoming the most consistent and innovative risk partner. We can never really predict what’s around the corner, but at QBE we’re asking the right questions to enable a more resilient future – helping those around us build strength and embrace change to their advantage.?? QBE aims to build a workplace that is fair and inclusive because we want to attract and retain the best people to do the job, we have adopted flexible working across the company and welcome this conversation (https://careers/flex-qbe/).? With more than more than 13,000 people working across 27 countries, we’re big enough to make a real impact, but small enough to provide a friendly workplace, where people are down-to-earth, passionate, and kind.?? To find out more about why you should work for QBE, visit ourcareers website. At My Best - QBE Benefits? You
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