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Senior Reserving Manager

QBE Insurance London, United Kingdom
Posted 9 hours ago Hybrid Job Permanent Competitive
Primary Details
Time Type: Full time

Worker Type: Employee

Senior Reserving Manager- QBE Re


Permanent (Hybrid)

At QBE, our purpose is to enable a more resilient future.

We are an international insurer and reinsurer with a local presence in 27 countries.

The Opportunity

We have a rare opportunity to join our QBE Reinsurance division as a Senior Reserving Manager on a full-time, permanent basis.

Our Actuarial department maintains close working relationships with the Underwriting divisions, and Claims, Reinsurance and Finance in order gain a thorough understanding of the portfolios and their drivers of profitability.

We strive for continuous improvement and are supported by a dedicated combined in-house development team for database and system maintenance and development. This enables us on spending less time processing data and more time on analytical thinking.

Your new role

Heading up the actuarial reserving team for the global QBE Reinsurance division, you'll be responsible for providing actuarial advice to the relevant business units and own relationship with key underwriter, claims and finance representatives.

You'll provide regular reserving advice, input into business planning, reserve variability and business partnering to undertake deep dives into relevant segments of the portfolio as required.

You'll also lead and develop a team of qualified and student actuaries.

Other responsibilities:
  • Awareness and understanding of the business drivers for the function that they are supporting. Ensure the team is aware of the plan and its context to be able to influence and make decisions appropriately.
  • Develop strong relationships across the business.
  • Articulate areas of uncertainty and differentiate between different drivers of results.
  • Actively contribute in all business meetings as required in order to understand and support business requirements.
  • Develop and manage 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 processes and/or technologies where appropriate.
  • Ensure appropriate checks are performed within processes to minimise inaccuracies subject to materiality threshold. Understand when differences are material.
  • Ensure that processes are aligned with business needs and fit for purpose through liaison with the Functional teams.
  • Networking within wider Actuarial community to stay abreast of best practice. Aware of developments outside of QBE and understand impact of the external environment on QBE's business.
  • Understanding impact of regulatory environment on technical work
  • Manage a team ensuring that the overall output and quality of the service provided by the team is within specified levels.
  • Develop and coach the team so as to ensure the required standards of performance, and support the continuing personal and professional development of all team members increasing their capability and share knowledge and best practice.
About you
  • Qualified Actuary or qualifies by experience
  • Good understanding of industry best practice in actuarial analysis, modelling and underwriting
  • Strong experience in Reserving, ideally within a Reinsurance environment
  • Team Management experience
  • Ability to organise own and team's work to meet deadlines
  • Ability to question established processes and deliver appropriate change
  • Able to set goals for team and self to meet overall corporate objectives
  • Effective communication, able to present and lead discussions
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:

5-star Diversity, Equity and inclusion (DEI) awards, 2023 Winner - Insurance Business Canada

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."

ESG & Sustainability

At QBE, we believe that integrating sustainability into our business helps us deliver on our purpose of enabling a more resilient future. Our three key focus areas include fostering an orderly and inclusive transition to a net-zero economy, enabling a sustainable and resilient workforce and partnering for growth through innovative, sustainable and impactful solutions. For further information regarding QBE's sustainability targets, including our net-zero pledges and inclusion of diversity targets, and our award-winning impact investment initiative 'Premiums4Good', please visit our Sustainability homepage and read our latest Sustainability Report ( Link ) .

About QBE

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."

We're an international insurer that's building momentum towards realising our vision of becoming the most consistent and innovative risk partner.

And our people will be at the centre of our success. We're proud to work together, and encourage each other enable resilience for our customers, our environment, our economies and our communities.

With more than more than 11,000 people working across 27 countries, we're big enough to make a real impact, but small enough to provide a friendly workplace, where people are down-to-earth, passionate and kind.

We believe this is our moment - what if it was yours too?

Your career at QBE - let's make it happen!

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! 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.

APPLY NOW and let's make it happen!"

Application Close Date: 15/05/2024 11:59 PM

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.
Job ID  323591
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