Actuarial Analyst

London

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.

Having the right to work in the UK is a requirement for this role.  QBE may consider sponsorship at its discretion.

The Opportunity

Ready to take your actuarial career to the next level? The Strategy Planning and Performance (SPP) Team is on the lookout for a dynamic Actuarial Analyst to join our high-energy crew! This is your chance to make a real impact by partnering with underwriters and key business functions in a role that's as exciting as it is varied.

Your new role

As an Actuarial Analyst with us, you won’t just crunch numbers—you’ll be an essential part of a fast-paced, evolving team that supports the entire Insurance Division. You’ll dive into a diverse range of classes, from Property and Casualty to Financial Lines, Marine, and Energy, across both Lloyd's and Company business. If you're ready to tackle challenges and drive strategic insights, this is the role for you!

Main responsibilities:

• Dive into the full business planning process for key business lines, using a mix of actuarial techniques to calculate loss ratios and uncover insights
• Contribute to strategic profitability analysis and reviews, getting a deep understanding of what drives performance across the board
• Lead scenario testing and create "what-if" analysis for portfolios that are growing or undergoing changes
• Conduct claims inflation reviews and use data to spot trends and make recommendations
• Keep growing and developing your skills - access learning tools like DataCamp or other platforms to stay on top of the game
• Help with DUA and broker profitability reviews, bringing fresh insights to the table
• Get involved in case pricing - while not the main focus of the team, there’s an opportunity for hands-on pricing experience across all lines using both deterministic and stochastic techniques

About you

We’re looking for someone who’s currently working through their actuarial exams and has a passion for data and tools like Python, Power BI, and SQL. If you're a curious, detail-oriented problem solver who loves learning and collaborating with others, we want to hear from you!

Skills you’ll need:

• Some commercial experience in an actuarial role (e.g., pricing or reserving in General Insurance or Personal Lines)
• Analytical skills and a love for working with data
• Solid Excel abilities, with a knack for spotting trends and summarising data
• SQL experience is a plus—comfortable working with large data sets
• A collaborative, flexible mindset and a self-starter who’s eager to learn and grow

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

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!