Primary Details

Head of Portfolio Optimisation

The Opportunity:  

We have an exciting opportunity for a newly created Head of Portfolio Optimisation to join our QBE RE team in London. This role will play a crucial part in QBE RE’s growth ambitions by developing state of the art portfolio management tools as well as bringing insights to senior leaders to inform the portfolio strategy.

Your New Role:  

• Determines the actuarial bases and principles of all actuarial or pricing investigations, analyses and costings.

• Ability to guide and complete complex data manipulation and statistical modelling using best practice techniques.

• Ability to influence and provide clear direction to business stakeholders on action to be taken to meet the business plan

• Build live portfolio to enable scenario planning, protections and capital strategies

• Drive strategic data and portfolio projects to improve understanding of portfolio dynamics and processes for profitable growth.

• Ensure compliance with internal governance, actuarial and regulatory standards.

• Build and maintain relationships with key external and internal stakeholders to define and improve portfolio metrics

• Develop portfolio management tools and KPI to inform plan and portfolio strategies

• Investigate and understand the range of models and rating tools used in divisions to identify weaknesses and strengths.

About you:   

• Prior experience leading teams and managing complex actuarial or pricing activities within the general insurance environment and product areas supported.

• Experience as a Pricing Actuary in the General (Re)Insurance sector and understanding of the business in which QBE operates.

• Demonstrable experience setting and delivering data and pricing strategies.

• Demonstrable experience in developing a business strategy to drive commercial outcomes.

• Proven record of working with Underwriters to implement new concepts and drive change.

• Proven experience in delivering pricing/portfolio tools and environments to satisfy market-facing Underwriters' needs.

• Proven record of developing and embedding leading-edge pricing techniques, ensuring execution of improvements that provide a material advantage.

• Proven experience interacting at a senior level.

• Relevant Actuary society certification, such as Fellow-Casualty Actuary Society (FCAS) or Fellow of the Institute of Actuaries (FIA).

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 across the company and welcome this conversation (https://careers/flex-qbe/). 

With more than more than 13,000 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.