Group Head of Property Pricing

Company: QBE Insurance Group
Apply for the Group Head of Property Pricing
Location: London
Job Description:

Primary Details

Time Type: Full time • Worker Type: Employee • Group Head of Property Pricing

Role Highlights

London based role with hybrid working. Play a key role in shaping global Property pricing strategy, influencing underwriting decisions and driving profitable growth.

The Opportunity

This is a strategic opportunity to play a key role in shaping and embedding best‑in‑class technical pricing across our global Property portfolio. You’ll lead the development and continuous enhancement of pricing models, ensuring they are robust, commercially relevant, and fully integrated into underwriting decision‑making. Working closely with underwriting, portfolio management, and data teams, you’ll provide insight and challenge on pricing performance to drive profitability and optimisation. You’ll also contribute to ongoing pricing transformation, strengthening tools, governance, and frameworks, while collaborating across our global pricing community to balance consistency with local market needs.

Responsibilities

  • Provide leadership and oversight to ensure the Group Property technical pricing framework is delivered consistently across divisions, aligned with Group Pricing Standards and return‑on‑capital objectives.
  • Develop and maintain the Group Property technical pricing framework, enhancing the quality of technical pricing and building confidence in technical rate adequacy as a strategic enabler for portfolio management and decision‑making.
  • Lead and develop an offshore team responsible for sourcing, transforming, and validating divisional data, and for building non‑Catastrophe Property peril models using appropriate modelling techniques in collaboration with divisional pricing teams.
  • Work closely with the Catastrophe Modelling team to integrate Cat model outputs including allocated reinsurance costs and capital costs to produce a comprehensive total technical price.
  • Oversee deployment of pricing tools into underwriting workflows, ensuring solutions meet underwriter requirements and meaningfully support risk selection and pricing decisions.
  • Monitor and challenge pricing performance, including rate change and rate adequacy, and provide actionable insights to support portfolio optimisation and profitability targets.
  • Collaborate with underwriting, portfolio management, product committee, and claims to improve data quality, enhance pricing insight, and ensure consistent application of technical pricing.
  • Represent global pricing community in Property product committees and provide technical expertise to support data‑driven decisions.
  • Contribute to pricing transformation initiatives, including tool enhancement, infrastructure improvements, and adoption of new methodologies and technologies.
  • Provide leadership and engage with the global pricing community to align Group and Divisional teams, balancing standardisation with local market requirements and divisional needs.
  • Contribute to the development and execution of the Global Pricing Strategy.
  • Lead the ongoing evolution of the Property pricing operating model, including prioritisation, delivery cadence, and effective alignment across Group, offshore and divisional pricing teams to support scalable pricing solution delivery.

Qualifications

  • Strong experience in insurance pricing, with a focus on Property or Specialty lines, ideally within commercial or large corporate portfolios.
  • Deep understanding of end‑to‑end pricing, including model development, deployment, and ongoing performance monitoring.
  • Experience working with pricing tools and integrating models into underwriting systems and workflows.
  • Exposure to global or cross‑regional pricing initiatives, with an appreciation of balancing standardisation and local market requirements.
  • Commercially minded with the ability to challenge and influence stakeholders, bringing the confidence to balance technical rigour with practical decision‑making.
  • Collaborative approach, with experience working across underwriting, portfolio management and data teams to drive consistent and effective pricing outcomes.

Skills

  • Analytical Thinking, Coaching for success, Communication, Critical Thinking, Influencing, Intentional collaboration, Managing performance, Navigating ambiguity, Portfolio Management, Price Modelling, Pricing Strategies, Risk Management, Strategic Thinking, Team Management, Working Independently.

Benefits

We offer a range of benefits:

  • 30 days holiday a year with the option to buy up to two additional days.
  • Flexible working – balancing work and life is important; flexible opportunities include part‑time, job share and compressed hours.
  • Pension – automatically enrolled in the QBE pension plan with 10% employer contributions of basic salary.
  • Private medical insurance – fully comprehensive private medical cover for you and family.
  • Family friendly policies – 26 weeks leave at full pay regardless of gender identity, sexual orientation or how you become a parent.
  • Short term remote work abroad – up to 20 days per year to work remotely from certain locations abroad.
  • Sustainable investing – pension strategy supports net‑zero goal, invests more in green businesses.
  • Cycle‑to‑Work – benefit from regular exercise while commuting greener and cheaper.

Equal Employment Opportunity

QBE is an equal opportunity employer and complies with equal employment opportunity legislation. We are an international insurer and reinsurer offering a diverse portfolio of commercial, personal and specialty products, as well as risk management solutions.

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Posted: June 1st, 2026