Claims Actuary

Primary Details Time Type: Full time Worker Type: Employee

Claims Actuary

London / Hybrid

The opportunity:

This is a unique opportunity to join QBE as a Claims Actuary. In this dynamic role, you will delve into the intricate world of volatile claims and reserve volatility within the long tail claims population of EO Complex Claims. You will be the key player in providing trend analysis and actionable insights to both the Reserving Actuaries and the EO Complex claims team, acting as a trusted intermediary and "translator" between these vital teams. Your expertise in data analytics will be crucial in the EO Complex claims team, where you will not only identify and remedy data anomalies, but also provide valuable context that impacts the downstream processes for Reserving Actuaries. Join us and make a significant impact with your skills and insights!?

At QBE, we strike the perfect balance—not too big, not too small—giving you the opportunity to make a real contribution. With hybrid working arrangements, excellent benefits, and a supportive environment, we are committed to helping you succeed and grow.

Your new role:

• Leading on the analysis of volatile claims on a monthly basis and delivering the volatility proforma submission twice a year. Communication with all key internal stakeholders as required.

• Understanding trends and drivers of movements and communicating with Reserving Actuaries to help inform their assumptions.

• Meeting with claims leaders and adjusters to understand and interpret claims volatility and liaising with Underwriting leads regarding the information.

• Identifying data improvement opportunities and implementing solutions and change in conjunction with Operations, Change and Transformation teams

• Understanding and influencing monthly movements in incurred position and communicating with internal stakeholders.

• Deliver claims insights for Claims Managers ( e.g.long term trends in development, insured level performance metrics etc).

• Assist the EO Complex claim team and Reserving Actuaries with learning and development to support continue collaboration and technical excellence.

• In depth analysis and reviews of - and presentations to internal stakeholders on - trends specific to classes of business, emerging risks and market-wide exposure events.

• Supporting the EO Complex claims team with automation, AI, GenAI, regular reporting to internal and external stakeholders.

• Identifying and lead on opportunities for further analyses that drives efficiencies and action.

About you

• Effective communication and ability to collaborate across various teams with different priorities and skillsets

• Strong abilities in the use and interpretation of numerical data

• Ability to work independently, organise own work and meet deadlines

• Exceptional skills in Excel and other analytical and data tools, for example Power BI and SQL

• Ability to question established processes and suggest improvements

• Understanding of risks and uncertainty, the actuarial profession and/or London Market claims

Why QBE? At My Best?

At QBE, we want our people to feel rewarded and inspired to perform at their best, that’s why we have created “At My Best”.It’s our connection, our way of showing we have your back. We understand that one size doesn’t fit all and that priorities can change depending on your life stage. That is why our blend of wellbeing initiatives and benefits offer flexibility to suit what matters most to you. It’s in the culture of our business, our QBE DNA, to support our people. Everything we do is underpinned by our QBE DNA.???

We’re an international insurer that’s building momentum towards realising our vision of becoming the most consistent and innovative risk partner. We can never really predict what’s around the corner, but at QBE we’re asking the right questions to enable a more resilient future – helping those around us build strength and embrace change to their advantage.??? 

QBE aims to build a workplace that is fair and inclusive because we want to attract and retain the best people to do the job, we have adopted flexible working