Credit Reinsurance Pricing Actuary

Credit Reinsurance Pricing Actuary

London or Brussels (Hybrid)

Full-time Permanent

About QBE

At QBE we get to the heart of what matters for our customers. And we do it all with a human touch.

Were an international insurer with more than 13000 people working across 26 countries which means were big enough for your ambitions yet small enough for you to make a real impact. Its an exciting time. Were building momentum towards our vision to become the most consistent and innovative risk partner.

What if you could have a positive impact at work and in the world As part of the QBE team youll get to spend every day working with people who are passionate talented and kind.

The Opportunity

Are you an actuary who enjoys working at the intersection of technical analysis and commercial decisionmaking

This is a frontend pricing role where youll partner closely with Underwriting to shape sustainable and profitable credit reinsurance decisions across a diverse and complex portfolio.

Youll be handson with a wide range of credit products including Political Risk Trade Credit Surety Mortgage and structured credit solutions supporting both treaty and bespoke transactions. From initial analysis through to bind youll play a key role in ensuring pricing decisions are technically robust commercially relevant and aligned with QBE Res risk appetite.

With exposure to global markets evolving geopolitical risks and innovative credit solutions this role offers strong development visibility and impact.

Your new role

• Analyse and price credit reinsurance treaty business as well as adhoc bespoke transactions ensuring recommendations are analytically robust and clearly supported by data and models.

• Present complex analysis in a clear structured way to both technical and nontechnical audiences.

• Partner with Underwriters to support deal structuring and negotiations including participation in broker discussions where required.

• Develop review and enhance pricing methodologies models and tools to reflect evolving credit financial and geopolitical risks.

• Produce monitoring and adhoc reporting to track pricing performance profitability and variance against expectations.

• Perform deepdive portfolio and product analyses identifying key drivers trends and emerging risks across credit lines and asset classes.

• Work closely with the Head of Credit Reinsurance to identify opportunities to optimise portfolio mix pricing actions and underwriting strategy.

• Contribute to business planning forecasting and strategic initiatives.

• Build strong relationships with internal and external stakeholders including underwriting claims finance and senior leadership.

• Promote a culture of technical excellence strong governance and continuous improvement within the pricing function.

About you

• Experience in actuarial pricing within insurance or reinsurance ideally with exposure to credit or financial risks.

• Understanding of Political Risk and/or Credit (re)insurance lines or broader knowledge of credit asset classes such as corporate structured or real estate finance.

• Strong analytical background including experience in pricing reserving or modelling (e.g. default probabilities rating models forecasting approaches).

• Experience developing or enhancing actuarial models and assumptions.

• Ability to work independently on complex analyses while collaborating closely with underwriting and other stakeholders.

• Strong communication skills with the ability to translate technical insights into clear commercial recommendations.

• Experience using analytical or programming tools such as VBA SQL R or Python.

• Actuarial qualification or progress toward qualification (e.g. FCAS ACAS FIA IFOA or equivalent). Equivalent qualifications such as CFA or MBA will also be considered.

• Degree in actuarial science mathematics or a related quantitative discipline (or equivalent experience).