Pricing Actuary

QBE; London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

Join QBE as a Pricing Actuary in London, where you'll develop innovative pricing models and collaborate with underwriters in the UK and European markets. This role offers hybrid working and a supportive environment with excellent benefits, including 30 days of holiday and a comprehensive pension plan. You'll leverage your analytical skills and actuarial knowledge to make a significant impact in the insurance industry.

Benefits

30 days holiday a year

Flexible working opportunities

10% employer pension contributions

Private medical insurance

Family friendly policies

Short term remote work abroad

Cycle-to-Work scheme

Qualifications

• Knowledge in General Insurance and London Markets preferred.
• Experience in pricing, particularly within Casualty, is desirable.
• Ability to manage multiple priorities and projects.

Responsibilities

• Develop Casualty models for underwriting teams.
• Work on case pricing for larger risks and binders.
• Support junior members of the Casualty Pricing Data Science team.

Skills

Analytical Thinking

Communication

Critical Thinking

Programming Languages

Price Modelling

Risk Management

Education

Actuarial Science

Tools

Excel

Python

R

SQL

Job description

Primary Details

Time Type: Full time
Worker Type: Employee

Pricing Actuary - Casualty

Location: London/Hybrid

The Opportunity:

We have an opportunity for a Pricing Actuary to join our Data Science Pricing team in London. The role involves creating future-focused processes and tools to support UK and international Casualty and broader pricing transformation. You will gain exposure to the London Market, the world's largest and most complex insurance risks, as well as the UK and European insurance sectors.

Enjoy hybrid working arrangements and excellent benefits, including 30 days holiday. Join a supportive, inclusive environment. We are an approachable, international insurer that values your impact!

Your New Role:

1. Collaborate with the Casualty Pricing Data Science lead and build strong relationships with Casualty underwriters across the UK, European, and Lloyd’s markets.
2. Lead the ongoing development of Casualty models used by various underwriting teams.
3. Work on case pricing for larger risks and binders.
4. Integrate new data science techniques with traditional pricing methods to build a leading team of pricing data science professionals.
5. Support and mentor junior members of the Casualty Pricing Data Science team.

About You:

• Experience in General Insurance, preferably within London Markets.
• Pricing experience, especially within Casualty, is desirable.
• Strong analytical and problem-solving skills.
• Excellent communication skills and a collaborative approach.
• Willingness to learn new skills.
• Ability to manage multiple priorities and projects.
• Proficiency in Excel, Python, R, SQL, or other programming languages.

Why QBE? At My Best

At QBE, we aim to make our people feel rewarded and inspired. Our "At My Best" initiative reflects our commitment to your wellbeing, offering flexibility to accommodate your life stage. Our culture is built on supporting our people, underpinned by our QBE DNA.

We’re building momentum towards becoming the most consistent and innovative risk partner. We embrace change and ask the right questions to foster a resilient future.

We are committed to diversity and inclusion, partnering with organizations like Stonewall and Working Families, and supporting initiatives like the Women in Finance Charter and the UN Women’s Empowerment Principles. For more, visit our Careers Page.

Benefits at QBE

• 30 days holiday plus options to buy additional days.
• Flexible working, including part-time, job share, and compressed hours.
• Pension: automatic enrollment with 10% employer contributions.
• Private medical insurance for you and your family.
• Family-friendly policies: 26 weeks paid leave for all parents.
• Remote work abroad: up to 20 days/year in certain locations.
• Sustainable investing: supporting green initiatives aligned with our net-zero goals.
• Cycle-to-Work: bike and accessories up to £5,000.

For more details, visit our Reward Page.

Our Awards

QBE has been recognized with numerous awards, including:

• 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 Employee

View all our awards here.

Diversity & Inclusion

We strive for a workplace where everyone feels included. We partner with organizations like Stonewall and Working Families and are committed to initiatives like the Women in Finance Charter and the UN Women’s Empowerment Principles. For more, see our Careers Page.

Accessibility

We support candidates requiring accommodations during recruitment. Please inform our Talent Acquisition team if needed.

Sustainability & ESG

We embed sustainability into our business, focusing on a just transition to a net-zero economy, fostering a resilient workforce, and partnering for sustainable growth. Learn more on our Sustainability homepage and read our latest Sustainability Report.

Next Steps

If you're passionate about contributing to QBE’s vision, apply now by submitting your CV and relevant documents. Our Talent Acquisition team will contact you if you meet the role's requirements.

Join us in making a difference — what if this moment was yours?

APPLY NOW and let's make it happen!

Skills:

Actuarial Science, Analytical Thinking, Collaboration Tools, Communication, Critical Thinking, Customer Service, Data Quality Assessments, Intentional Collaboration, Managing Performance, Price Modelling, Pricing Strategies, Programming Languages, Research Analysis, Risk Management, Working Independently

How to Apply:

Click "Apply" and follow the steps to submit your application.

Equal Opportunity:

QBE is an equal opportunity employer and complies with all applicable legislation.