Lead Actuary

Job Description

Primary DetailsTime Type: Full time Worker Type: Employee Lead Actuary London Permanent (Hybrid)The OpportunityHere at QBE Europe, we are looking to recruit a Lead Actuary to join a well-established and successful international reserving team. This role will be to provide actuarial advice to the relevant business units and point of contact with key underwriter, claimsand finance representatives. Deliver quarterly reserving advice, input into business planning, reserve variability and business partnering to undertake deep dives into relevant segments of the portfolio, supporting actuarial manager as required. Develop andcoach student actuaries. Your New Role

• Awareness and understanding of the business drivers for the function that they are supporting.
• Awareness and understanding of the business drivers for the function that they are supporting. Have awareness of the plan and its context to be able to deliver appropriate support.
• Able to understand areas of uncertainty.
• Contribute to business meetings as required to understand and support business requirements.
• Use and assist with the development of appropriate systems and procedures to ensure accurate data is used and subsequently appropriate analyses produced. This is to include adopting efficient and consistent actuarial models and process and / or technologieswhere appropriate.
• Ensure appropriate checks are performed within processes to minimise inaccuracies.
• Maintain and comply with documentation of key processes and policies to ensure QBE Europe and its Divisions:
• Comply with all material legal and regulatory requirements.
• Adhere to relevant actuarial standards and good practice.
• Meet all internal European and / or global internal reporting requirements.
• Minimise the risk of business discontinuity.
• Assist the Actuarial Manager to ensure that processes are aligned with business needs and fit for purpose.
• Manage and monitor Actuarial process, where applicable, to ensure their continued delivery and improvement to meet.
• Identify areas for continuous improvement, drives toward efficiencies in process, challenges the status quo.
• Ensure that processes drive performance and quality.
• Build and maintain relationships with internal and external stakeholders to improve customer focus.
• Understand developments in wider Actuarial community to stay abreast of current development.
• Able to respond customer needs.
• Takes personal responsibility for own areas of delivery.
• Ensure that results are delivered to team timelines.
• Perform the forecasting of technical provisions, reserve margins and reserve uncertainties to support business analysis/MI for reports and accounts, business planning, profitability studies and commutations.
• Ensures technical quality of work. Is able to understand drivers of materiality.
• Able to work way through complexity and explain to stakeholders key assumptions.
• Understands impact of regulatory environment on technical work
• Ensures that work is appropriately reviewed and undertakes appropriate review.
• Coach, develop and support direct reports.
• Look to give a broader view of career development to junior staff.
• Is recognised as a role model for junior team members.

About You

• Fully Qualified Institute and Faculty of Actuaries or equivalent body
• Effective communication and participate in discussions with wider business.
• Ability to persuade and influence both directly and indirectly.
• Ability to work independently.
• Strong skills in Excel and other analytical tools. Ability to develop sophisticated models to address business needs.
• Strong abilities in the use and interpretation of numerical data
• Ability to organise own work and direct reports to meet deadlines.
• Ability to work within defined procedures.
• Able to collaborate across the actuarial teams.
• Ability to question established processes and suggest improvements.
• Able to work in an agile manner, responsive to stakeholder requirements.

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 changedepending 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 QBEDNA - because we know its not just what we do that matters, its how we do it that makes the difference. In addition to this, we also offer flexible parental leave for both parents and have several employee network groups that support and empower our diverseworkforce. At QBE, we view our people as our most precious asset. We understand the importance of fostering a work environment that is responsive to the changing needs of todays workforce. QBE aims to build a workplace that is fair and inclusive because we want to attractand retain the best people to do the job, we have adopted flexible working across the company and welcome this conversation. Some of the awards QBE are proud to have won, been a finalist for, and shortlisted for include. Employer of the Year 2022 Winner - Insurance Insider British Claims Awards 2022 Winner - InsurTech Award Insurance Times Claims Excellence Awards 2022 Winner - Claims Product Solution of the Year Working Families Best Practice Awards 2021 Finalist for: Best COVID-19 Response Insurance Post British Insurance Awards 2022 Shortlisted for: Best Customer Care, Diversity & Inclusion Initiative of the Year 2022, Specialist Insurer of the Year (for Construction), General Insurer of the Year We are proud to have partnerships with organisations such as Stonewall and Working Families, and our commitment to the Women in Finance Charter, the UN Womens Empowerment Principles and Race at Work charter helps keep us accountable and transparent. Inclusion of Diversity We are striving to create a workplace culture where all our people feel included, and we are committed to building a diverse workforce that is reflective of the communities we operate in. We know that diversity of thought, background and experience enables better decision making, improves the