Reserving Manager

QBE; London; Hybrid; GBP 60,000 - 100,000; Full time

Job summary

Join a forward-thinking company as a Reserving Manager and play a pivotal role in delivering actuarial advice across various business units. This position offers a unique opportunity to engage with Underwriters, Claims, and Finance representatives while contributing to business planning and portfolio analyses. With a commitment to employee wellbeing and flexible working arrangements, this innovative firm fosters a culture of inclusivity and support, making it an ideal environment for professionals looking to make a significant impact in the insurance industry.

Benefits

30 days holiday

Flexible working arrangements

10% employer pension contributions

Private medical insurance

Family-friendly policies

Remote work abroad

Cycle-to-Work scheme

Qualifications

• Post-Qualified Actuary with knowledge of industry best practices.
• Experience in London Market / General Insurance is essential.

Responsibilities

• Provide actuarial advice and deliver quarterly reserving advice.
• Analyze reserve variability and support portfolio analyses.

Skills

Actuarial Science

Analytical Thinking

Conflict Resolution

Critical Thinking

Financial Products

Collaboration

Performance Management

Problem Solving

Project Scoping

Risk Management

Sound Judgment

Stakeholder Management

SAS

Team Management

Education

Post-Qualified Actuary

Job description

Primary Details

Time Type: Full time
Worker Type: Employee

Reserving Manager

Location: London

Contract: 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 looking for a Reserving Manager to join our Reserving team on a full-time, permanent basis.

Your role:

Reporting to the Head of Reserving (UK & Europe), you'll provide actuarial advice to relevant business units and serve as a key contact with Underwriters, Claims, and Finance representatives. You will deliver quarterly reserving advice, contribute to business planning, analyze reserve variability, and support portfolio analyses across relevant segments, assisting the actuarial manager as needed.

Other responsibilities:

• Supporting the UK & Europe reserving team
• Focusing on specific aspects of the portfolio
• Delivering reserving results and managing post-reserving processes
• Performing actual vs. expected analyses regularly
• Parameterizing reserving and underwriting variability with the capital team
• Supporting business planning discussions
• Conducting ad-hoc portfolio analyses on key segments
• Building and maintaining stakeholder relationships to enhance customer focus
• Communicating results, issues, sensitivities, and uncertainties clearly
• Coaching and managing junior team members

About You:

• Post-Qualified Actuary (Institute and Faculty of Actuaries or equivalent)
• Knowledge of industry best practices in actuarial analysis, modeling, and underwriting
• Experience in London Market / General Insurance
• Knowledge of Property and Casualty insurance is advantageous
• Ability to coordinate across teams and departments effectively
• Understanding of compliance, risks, and uncertainties in actuarial work
• Awareness of developments in the actuarial profession
• Understanding of accounting environments and regulatory regimes

Why QBE? At My Best

We aim to create an environment where our people feel rewarded and inspired. Our “At My Best” initiative reflects our commitment to wellbeing, flexibility, and supporting our employees' diverse needs, all underpinned by our QBE DNA.

#LI-Hybrid

We are building momentum towards becoming the most consistent and innovative risk partner. We ask the right questions to enable a resilient future, helping communities build strength and embrace change.

We promote a fair and inclusive workplace, adopting flexible working policies. Learn more at our flexible work policy.

With over 13,000 employees across 27 countries, we are big enough to make an impact but small enough to maintain a friendly, down-to-earth culture.

Discover why you should work at QBE on our careers website.

QBE Benefits - At My Best

We offer benefits to support your personal and professional life, including:

• 30 days holiday per year, with options to buy up to 2 additional days
• Flexible working arrangements, including part-time, job share, and compressed hours
• Pension: Employer contributions of 10% of basic salary
• Private medical insurance for you and your family
• Family-friendly policies: 26 weeks' full pay leave, regardless of gender or how you become a parent
• Remote work abroad: Up to 20 days per year in certain locations
• Sustainable investing: Supporting net-zero goals through green investments
• Cycle-to-Work: Bike and accessories up to £5,000

For more, visit our Reward Page.

QBE Awards

Our recent awards include:

• AXCO Global Insurance Awards 2024: Network Management of the Year
• Insurance Business UK 5-Star Cyber Awards 2024: Rated as a 5-Star Cyber Insurer
• UK IT Industry Awards 2023: Green Technology Innovation of the Year
• Working Dads Employer Awards 2023: Parental Policies Award
• Insurance Post British Insurance Awards 2023: Rated as a 5-Star Employer

See all awards at here.

Inclusion & Diversity

We strive for an inclusive, diverse workplace. We partner with Stonewall, Working Families, and support initiatives like Women in Finance, UN Women’s Empowerment, and Race at Work. More details at our Careers Page.

Accessibility

We support candidates with accommodations. Please inform our Talent Acquisition team if needed.

Sustainability & ESG

Our focus areas include a just transition to a net-zero economy, fostering a resilient workforce, and innovative solutions. Learn more at our Sustainability homepage and in our latest report.

What next?

If you're passionate about contributing to our vision, apply now! Click the “apply” button to submit your CV and relevant documents. Our Talent Acquisition team will contact you if you meet the role requirements.

This could be your moment—what if it’s yours too?

APPLY NOW and let's make it happen!

#reserving #actuaryroles #actuaries #reserve

Skills:

Actuarial Science, Analytical Thinking, Conflict Resolution, Critical Thinking, Financial Products, Collaboration, Performance Management, Problem Solving, Project Scoping, Risk Management, Sound Judgment, Stakeholder Management, SAS, Team Management

How to Apply:

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