About the Role
Join our team as an Actuarial Analyst supporting our LMI and Specialty portfolios, including Professional Indemnity and Engineering. This role offers a unique opportunity to develop your actuarial expertise across reserving, financial reporting, portfolio analytics and regulatory reporting, while building strong business and stakeholder management skills.
Responsibilities
- Support the end-to-end quarterly reserving process for LMI, Professional Indemnity and Engineering portfolios, including key regulatory and statutory deliverables such as APRA submissions, the Actuarial Valuation Report and Financial Condition Report.
- Support IFRS 17 reporting processes, including General Measurement Model (GMM) valuations for the LMI portfolio.
- Assist with portfolio monitoring and performance analysis, identifying trends, emerging issues and opportunities to improve profitability.
- Contribute to the enhancement of data processes, reserving models/platform and reporting process to improve efficiency and the quality of insights.
- Support a range of actuarial projects and ad hoc analyses, including pricing, capital and broader portfolio initiatives.
- Build strong relationships with stakeholders across underwriting, claims, finance and the broader business to deliver actionable actuarial insights.
Requirements
- A degree qualification in Actuarial Studies, Mathematics, Statistics, Data Science or a related quantitative discipline.
- Progress towards Fellowship of the Actuaries Institute (or equivalent actuarial qualification).
- Experience in general insurance reserving, pricing or portfolio analytics (highly desirable).
- Strong analytical and problem-solving skills, with advanced Excel capability and experience in SAS, R, Python or similar analytical tools advantageous.
- Strong written and verbal communication skills, with the ability to explain technical concepts to both technical and non-technical stakeholders.
- A proactive mindset, positive approach to change and continuous improvement, and the ability to work effectively within a collaborative team environment.
- Successful applicants will need to complete work rights, police and credit checks through our online provider as a condition of employment.
Skills
- Actuarial Science
- Analytical Thinking
- Business Writing
- Communication
- Critical Thinking
- Customer Service
- Data Science
- Detail-Oriented
- Financial Modeling
- Financial Risk Management (FRM)
- Intentional collaboration
- Managing performance
- Process Improvements
- Risk Management
- Stakeholder Management
Location
- Sydney, NSW
Work Type
- Full time
- Employee
- Hybrid working
- Flexible working
- Permanent
Education Level
- Degree qualification in Actuarial Studies, Mathematics, Statistics, Data Science or a related quantitative discipline.
- Progress towards Fellowship of the Actuaries Institute (or equivalent actuarial qualification).
Benefits
- Hybrid Working – a mix of working from home and in the office to enhance your work/life balance
- Free holistic wellbeing coaching, nutritional, confidential counselling, financial and legal advice
- 18 weeks’ gender-equal flexible leave for all new parents, including paid super
About the Company
- At QBE, we get to the heart of what matters for our customers. And we do it all with a human touch. We’re an international insurer with more than 13,000 people working across 26 countries – which means we’re big enough for your ambitions, yet small enough for you to make a real impact. It’s an exciting time. We’re building momentum towards our vision to become the most consistent and innovative risk partner. As part of the QBE team, you’ll get to spend every day working with people who are passionate, talented and kind.
- We are an international insurer and reinsurer offering a diverse portfolio of commercial, personal and specialty products, as well as risk management solutions. Our product portfolio includes property, motor, crop, energy, marine and aviation. We employ a team of around 13,000 people in 26 countries around the world.
Equal Opportunity
- QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.
- QBE recognises the value of diverse perspectives and experience. We are committed to an inclusive workplace where everyone feels valued and respected for who they are. If we can provide support with access requirements, alternative work arrangements or you would like to connect with one of our networks please contact us at recruitment@qbe.com.
