Claims Actuary

London / Hybrid

The opportunity:

This is a unique opportunity to join QBE as a Claims Actuary. In this dynamic role you will delve into the intricate world of volatile claims and reserve volatility within the long tail claims population of EO Complex Claims. You will be the key player in providing trend analysis and actionable insights to both the Reserving Actuaries and the EO Complex claims team acting as a trusted intermediary and translator between these vital teams. Your expertise in data analytics will be crucial in the EO Complex claims team where you will not only identify and remedy data anomalies but also provide valuable context that impacts the downstream processes for Reserving Actuaries. Join us and make a significant impact with your skills and insights!

At QBE we strike the perfect balancenot too big not too smallgiving you the opportunity to make a real contribution. With hybrid working arrangements excellent benefits and a supportive environment we are committed to helping you succeed and grow.

Your new role:

• Leading on the analysis of volatile claims on a monthly basis and delivering the volatility proforma submission twice a year. Communication with all key internal stakeholders as .

• Understanding trends and drivers of movements and communicating with Reserving Actuaries to help inform their assumptions.

• Meeting with claims leaders and adjusters to understand and interpret claims volatility and liaising with Underwriting leads regarding the information.

• Identifying data improvement opportunities and implementing solutions and change in conjunction with Operations Change and Transformation teams

• Understanding and influencing monthly movements in incurred position and communicating with internal stakeholders.

• Deliver claims insights for Claims Managers ( e.g. long term trends in development insured level performance metrics etc).

• Assist the EO Complex claim team and Reserving Actuaries with learning and development to support continue collaboration and technical excellence.

• In depth analysis and reviews of - and presentations to internal stakeholders on - trends specific to classes of business emerging risks and market-wide exposure events.

• Supporting the EO Complex claims team with automation AI GenAI regular reporting to internal and external stakeholders.

• Identifying and lead on opportunities for further analyses that drives efficiencies and action.

About you

• Effective communication and ability to collaborate across various teams with different priorities and skillsets

• Strong abilities in the use and interpretation of numerical data

• Ability to work independently organise own work and meet deadlines

• Exceptional skills in Excel and other analytical and data tools for example Power BI and SQL

• Ability to question established processes and suggest improvements

• Understanding of risks and uncertainty the actuarial profession and/or London Market claims

Why QBE At My Best

At QBE we want our people to feel rewarded and inspired to perform at their best thats why we have created At My Best. Its our connection our way of showing we have your back. We understand that one size doesnt 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. Its in the culture of our business our QBE DNA to support our people. Everything we do is underpinned by our QBE DNA.

Were an international insurer thats building momentum towards realising our vision of becoming the most consistent and innovative risk partner. We can never really predict whats around the corner but at QBE were 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 ( more than more than 13000 people working across 27 countries were 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 our careers website.

At My Best - QBE Benefits

You are more than your work and QBE is more than a workplace which is why we provide you with the benefits support and flexibility to help you concentrate on living your best life personally and professionally. As well as the benefits below we also offer an extensive choice of other options to suit you!

• 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 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. Our pension strategy supports our net-zero goal to achieve year-on-year reductions in carbon footprint by investing more in green businesses than the broader market so your savings are looking after the planets future as well as your own.

• 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 5000.

To find out more visit our Reward Page

QBE Awards

Some of the awards QBE are proud to have won been a finalist for and shortlisted for include;

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