Pricing Actuary

Role Summary

We are looking for a Pricing Actuary to join our Data Science Pricing team in London. The role focuses on creating future‑focused processes and tools that support Marine pricing and broader pricing transformation. It will give you exposure to the London Market, with the world’s largest and most complex insurance risks.

Eligibility

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

Responsibilities

• Work with the Marine Pricing Data Science lead and build strong relationships with Marine underwriters working in the European and Lloyd’s markets.
• Be responsible for the ongoing development of Marine models used by the various Marine underwriting teams (covering Cargo, P&I, Hull, Liability, Ports & Terminals, Specie and War).
• Work on the case pricing of larger risks and binders.
• Fuse new data science techniques with traditional pricing methods to help form a market‑leading team of pricing data science professionals.
• Provide support and guidance to junior members of the Marine Pricing Data Science team.

Qualifications

• Knowledge and experience of working in General Insurance; specific experience within Marine classes (Cargo, Hull, P&I, etc.) is advantageous.
• Qualified or nearly qualified actuary, or a similar mathematical or scientific qualification backed up by relevant experience in the insurance industry.
• Strong analytical and problem‑solving skills.
• Excellent communication skills and a collaborative mindset.
• Willingness and desire to learn new skills.
• Ability to manage multiple priorities and projects.
• A quantitative undergraduate degree.
• Experience in using Excel, Python, R, SQL or other programming languages.

Benefits

• Work for a world‑leading insurer alongside experts in pricing, data science, insurance underwriting, claims, and information technology.
• Develop and deploy industry‑leading pricing and machine learning models into a $5 Billion book of business.
• Invest in personal development with support to train and learn new skills.
• Utilise high‑quality data science lab environments including QBE’s Google Cloud Platform.
• Exposure to the London Market and other UK, European and Reinsurance sectors.
• Competitive compensation, pension, training and benefits.
• Study support for actuarial exams and other relevant professional qualifications.
• 30 days holiday a year, with the option to buy up to 2 additional days.
• Flexible working opportunities, including part‑time, job share and compressed hours.
• Automatic enrollment into QBE pension plan with 10% employer contributions of basic salary.
• Fully comprehensive private medical cover for you and all your family.
• Family‑friendly policies: 26 weeks leave at full pay regardless of gender identity, sexual orientation or parenthood status.
• Up to 20 days per year to work remotely from certain abroad locations.
• Sustainable investing in our pension strategy to achieve net‑zero carbon footprint.
• Cycle‑to‑Work benefit up to the value of £5,000.

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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