Primary Details

Time Type: Full time

Worker Type: Employee

The Opportunity:  In this role you will provide expert actuarial advice and support to business units, acting as a key liaison with underwriters, claims, and finance teams. This role involves delivering strategic reserving advice, contributing to business planning, and coaching junior actuaries to ensure technical excellence and profitability within designated product lines. Additionally, the role requires proactive leadership in defining project scope, guiding team delivery, and demonstrating advanced technical competence in actuarial concepts and practices.

Location: Chicago, Illinois highly preferred

• Work Arrangement: This role is a hybrid role, where you will be expected to be in the office 2-3 days per week.
• The starting salary for this role is between $158,500.00 and $237,500.00

Your New Role:

• Leads portfolio studies to refresh pricing parameters including loss cost, frequency, severity, credibility, and other components.
• Leads updates to pricing raters and tools to accommodate business feedback and newest studies.
• Leverages large datasets to support analysis and appropriate actuarial judgement and business acumen when data is thin or otherwise lacking.

• Clear communication of studies to business partners and demonstrates a clear understanding of business priorities.
• Identifies gaps in data capture tools and schemas and develops plans to bridge these gaps.
• Supports reporting and ad hoc requests for portfolio using pricing tools and databases as needed.

Required Experience/Education

• Bachelor's Degree or equivalent combination of education and work experience

• 7 years relevant experience

Preferred Competencies/Skills

• Transactional pricing
• Exposure to Construction or Excess Casualty P&C lines of business.
• Ability to leverage modern tools and programming languages, eg SQL, R, Python, etc to develop analysis
•Implement planning to prioritize, organize, measure work
•Influence team to adopt recommendations
•Adapt and be flexible in a complex changing environment
•Choose a solution to a problem even in ambiguous or difficult situations
•Clearly and confidently convey information to a wide audience
•Keep an open-mind, consider unique approaches and be open to change and considerable variety in the workplace
•Utilize accurate and thorough approach to budgetary information gathering and proposal preparation
•Utilize motivational, inspirational and enthusiastic approach to team leading and management
•Establish a high degree of trust and credibility with others

Preferred Education Specifics

• Degree in Mathematics, Statistics, Finance, Economics or other quantitative field

Preferred Experience

• 7+ years of experience
•property and casualty actuarial field
•experience with actuarial analyses or predictive modeling in area of responsibility
•increasing levels of responsibility

Preferred Licenses/Certifications

• 7+ casualty actuarial exams

Preferred Knowledge

• Advanced working knowledge of current and possible future policies, practices, trends, technology and information affecting his/her business and organization; knows how the industry works
•Advanced working knowledge of computer systems and software
•Current and contemporary actuarial pricing and reserving techniques and best practices

Compensation Package: The salary range for this role is provided above. This is the national range for location(s) listed. The salary offer will be decided based on the role's complexity, its location, and the candidate’s professional background, including their education and experience. Beyond the base salary, regular full-time and part-time employees will also be eligible for QBE’s annual discretionary bonus plan based on business and individual performance. We encourage all candidates to apply, even if their salary expectations fall outside of this range, as we are committed to finding the right fit for our team.

QBE Benefits: We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances. As a QBE employee you will have access to:

• Hybrid Working – a mix of working from home and in the office
• 22 weeks of paid leave for family growth, with 12 weeks available to all parents on a gender-equal basis
• Competitive 401(k) program with company match up to 8%
• Well-being program including holistic wellbeing coaching, gym membership, confidential counselling, financial and legal advi