Actuarial Analyst
London/Leeds
Permanent (Hybrid)
About QBE
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.
What if you could have a positive impact – at work and in the world? As part of the QBE team, you’ll get to spend every day working with people who are passionate, talented and kind.
The Opportunity
Are you ready to take the next step in your actuarial career? We’re looking for a highly motivated Actuarial Analyst to join our Capital Modelling team. This is an exciting opportunity for someone with a strong analytical background to contribute to key actuarial processes and support the delivery of robust capital modelling solutions.
Our Capital Modelling team operates as a split location team across London and Leeds and we welcome applicants based in either location.
Having the right to work in the UK is a requirement for this role. QBE may consider sponsorship at its discretion.
Your New Role
In this role, you’ll report directly to an Actuarial Manager and work closely with colleagues across the actuarial function. You’ll play a key part in supporting the development and maintenance of capital models, helping to ensure the business has a clear understanding of its capital needs and regulatory requirements.
Main Responsibilities:
Support the analysis and development of capital models to determine the company’s capital requirements and support QBE’s strategic priorities.
Assist in producing reports and presentations for internal stakeholders and regulators.
Ensure accurate data is used and appropriate actuarial models and processes are applied.
Perform checks and validations to minimise inaccuracies and ensure model integrity.
Comply with actuarial standards, regulatory requirements, and internal policies.
Collaborate with internal teams to align modelling processes with business needs.
Support business planning and reinsurance analysis as required.
Maintain documentation of key processes and support business continuity planning.
About You
You’re someone who thrives in a collaborative environment and is eager to develop your actuarial expertise within a specialist team. Given the fast pace and cyclical demand, it’s important that you already have an in-depth understanding of the workings of an Actuarial department and be driven to succeed. You’ll benefit from professional development opportunities, exam support, and access to various actuarial tools and technologies.
Skills you’ll need:
Degree in Actuarial Science, Mathematics, Statistics, or a numerical field.
Experience within insurance, ideally general insurance.
Strong analytical and problem-solving skills.
Proficiency in Excel and other analytical tools, also experience with Igloo or other capital modelling software is beneficial.
Ability to interpret numerical data and communicate findings clearly.
Organised and able to manage your own workload to meet deadlines.
A keen interest in capital modelling and progressing towards actuarial qualifications.
Benefits
We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances. As a QBE employee you will have access to and benefit from:
30 days holiday a year with the option to buy up to 2 additional days.
Flexible working - balancing work and life is important so our flexible working opportunities are open to all, this can include part-time, job share and compressed hours.
Pension – you are automatically enrolled into the QBE pension plan, which entitles you to receive employer contributions of 10% of your basic salary.
Private medical insurance – we fund fully comprehensive private medical cover for you and all the family.
Family friendly policies – we offer 26 weeks leave at full pay regardless of gender identity, sexual orientation or how you become a parent.
Short term remote work abroad - you can request up to 20 days per year to work remotely from certain locations abroad.
Sustainable investing - we believe sustainable integration is important for long term financial, environmental, and social outcomes. Our pension strategy supports our net-zero goal to achieve year-on-year reductions in carbon footprint, by investing more in green businesses than the broader market, so your savings are looking after the planet's future, as well as your own.
Cycle-to-Work – benefit from regular exercise whilst making your commute greener and cheaper, select and bike and/or accessories up to the value of £5,000.
To find out more visit our Rewarding our people - QBE European Operations
#LI-Hybrid
Awards & Recognition
We value our employee’s experience with us and are proud to have been recognised for the following awards:
Winner of Excellence in Diversity, Equity & Inclusion Award 2025 at the Insurance Business Australia Awards for our Respect@QBE program
Insurance Post British Insurance Awards 2025: Winner: Commercial Lines Insurer of the Year,
Winner: Reinsurer of the Year - QBE Re, Winner: ESG, Diversity, Equity and Inclusion Initiative of the Year, Winner: Insurance Personality of the Year - Chris Wallace, Executive Director UK insurance
AXCO Global Insurance Awards 2024 Winner: Network Management of the Year
Insurance Business UK 5-Star Cyber Awards 2024: QBE rated as a 5-Star Cyber Insurer
UK IT Industry Awards 2023 Winner: Green Technology Innovation of the Year
Working Dads Employer Awards 2023 Winner: Parental Policies Award
Insurance Post British Insurance Awards 2023: QBE rated as a 5-Star Employee
You can view all our awards here
Apply now and let’s make it happen!
If you’re looking for a career that combines your expertise and your empathy, click Apply today.
Your career. At the heart of it.
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 ManagementHow to Apply:
To submit your application, click "Apply" and follow the step by step process.
Equal Employment Opportunity:
QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.
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What We Do
QBE Insurance Group is one of the world's top 20 general insurance and reinsurance companies, with operations in all the key insurance markets. QBE is listed on the Australian Securities Exchange and is headquartered in Sydney. We employ more than 11,000 people in 27 countries.
