Senior Change Actuary

  • QBE Insurance Group
  • Dec 15, 2022
Full time Banking

Job Description

Primary Details Time Type: Full timeWorker Type: Employee

At QBE, we don't just provide insurance - we make a positive difference in people's lives. We're committed to helping people and businesses protect themselves from risk, so they can focus on what they do best. We do this by being the most consistent and innovative risk partner for our customers, and a key part of the communities where we operate.
Join our diverse and enthusiastic Finance, Actuarial & Legal team in our London or Leeds hub and become part of a close-knit community of professionals. Build your skills and knowledge, make friends and discover opportunities to help you grow in your career, while being empowered to work flexibly and find the right balance so you can realise your full potential.

The Opportunity:

The Data and Change team strives for continuous improvement across Actuarial and Finance. The team work alongside a dedicated in-house system development team responsible for database and system maintenance and development. Together this enables the reserving actuarial teams to spend less time processing data and more time on analytical thinking.

The Senior Change Actuarial role will support the provision of a range of Actuarial services to help ensure that business decisions are made using the best possible quantitative information. The role will partner with senior Actuarial and other functional leaders to lead on the successful delivery of multiple business transformation programmes and projects. This position plays a key role in supporting the development of Actuarial processes and systems as well as their integration into other areas of the business.

Your New Role:

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 will be assisting the Senior Change Manager to ensure that processes are aligned to business needs and fit for purpose and the change agenda aligns to strategic priorities.

Your primary responsibilities will include:

  • Working closely alongside the Actuarial Reserving and Capital teams as well as the system development team to drive the measurable refinement of processes, procedures and systems to continuously improve the efficiency of activities within the Department to ensure systems and models meet the end users' needs.

  • Understanding the business requirements and helping design end to end solutions, supported by engagement with the relevant business areas.

  • Using appropriate systems and procedures to ensure accurate data is used and subsequently appropriate analyses produced. This is to include adopting efficient and consistent actuarial models and processed and/or technologies where appropriate.

  • Representing Finance & Actuarial's holistic interests at key business change programme/project senior governance meetings, such as Steering Groups, and ensuring risks and issues are appropriately raised and remediated

  • Inputting into the Change & Transformation roadmap and ensuring business change impacts are considered and reflected accordingly into change workstreams to ensure the right priorities and solutions are delivered into Finance & Actuarial

  • Undertake investigations into complex problems and business change to assess risk and ensure delivery of projects/programmes

  • Building and maintaining relationships with internal and external stakeholders to improve customer focus and to understand complex issues

About You

In order to thrive in the role of a Senior Change Actuary here at QBE, we would expect you to have most, if not all, of the below:

  • Understanding of industry best practice in actuarial analysis, modelling and underwriting

  • Understanding of compliance and risk issues

  • Excellent facilitation and communications skills - both verbal and written with experience of adapting style and approach to the audience and message to be delivered

  • Ability to negotiate and influence both directly and indirectly

  • Highly motivated with ability to work very well in a team or independently, consulting and involving others appropriately in the wider function and business

  • Comfortable with technology concepts and solutions and knowledge of system lifecycles and process methodologies

  • Competent with Microsoft products including Powerpoint, Excel & other analytical tools, Knowledge of a programming language e.g. SAS, SQL ideal

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 - because we know it's not just what we do that matters, it's how we do it that makes the difference. In addition to this, we also offer flexible parental leave for both parents and have several employee network groups that support and empower our diverse workforce.

At QBE, we view our people as our most precious asset. We understand the importance of fostering a work environment that is responsive to the changing needs of today's workforce. 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 across the company and welcome this conversation.

Some of the award's QBE are proud to have won, been a finalist for, and shortlisted for include;

Employer of the Year 2022 Winner - Insurance Insider

British Claims Awards 2022 Winner - InsurTech Award

Insurance Times Claims Excellence Awards 2022 Winner - Claims Product Solution of the Year

Working Families Best Practice Awards 2021 Finalist for: Best COVID-19 Response

Insurance Post British Insurance Awards 2022 Shortlisted for: Best Customer Care, Diversity & Inclusion Initiative of the Year 2022, Specialist Insurer of the Year (for Construction), General Insurer of the Year

We are proud to have partnerships with organisations such as Stonewall and Working Families, and our commitment to the Women in Finance Charter, the UN Women's Empowerment Principles and Race at Work charter helps keep us accountable and transparent

Inclusion of Diversity

We are striving to create a workplace culture where all our people feel included, and we are committed to building a diverse workforce that is reflective of the communities we operate in.

We know that diversity of thought, background and experience enables better decision making, improves the quality of our delivery and helps us to meet the needs of our customers.

About QBE

QBE helps businesses build resilience through risk management and insurance.

QBE European Operations is part of QBE Insurance Group, one of the world's leading international insurers and reinsurers and Standard & Poor's A+ rated. Listed on the Australian Securities Exchange, QBE's gross written premium for the year ended 31 December 2021 was US$18.5 billion.

As a business insurance specialist, QBE European Operations offers a range of insurance products from the standard suite of property, casualty and motor to the specialist financial lines, marine and energy. All are tailored to the individual needs of our small, medium and large customer base.

To find out more about why you should work for QBE, visit our careers website .

What next?

If you have a passion to contribute to QBE's vision of enabling a more resilient future for our customers and the community, we encourage you to APPLY NOW! Simply click the "apply" button to submit your CV and other relevant documents, and a member of our friendly Talent Acquisition team will be in contact to discuss your interest further if you meet the requirements of the role.

Please make the Talent Acquisition aware should there be any reasonable adjustments that may need to be made for the interview and the remainder of the recruitment process.

How 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.