Full-Time

Senior Actuarial Analyst I

Accident & Health

Posted on 5/15/2025

Deadline 11/14/25
QBE Insurance

QBE Insurance

Corporate venture capital for insurtech startups

Compensation Overview

$88k - $165k/yr

+ Bonus

Senior

Madison, WI, USA + 4 more

More locations: Plano, TX, USA | Chicago, IL, USA | New York, NY, USA | Peabody, MA, USA

Hybrid

This role is hybrid, requiring 2-3 days in the office per week, but fully remote candidates will be considered.

Category
Insurance
Finance & Banking
Required Skills
Risk Management
Data Analysis
Requirements
  • Bachelor's Degree or equivalent combination of education and work experience
  • 2 years relevant experience
Responsibilities
  • Leverage technology in new and innovative ways and effectively communicates issues and proposes solutions to current/existing analyses and new opportunities
  • Construct analytical approaches by determining data needs, identifying appropriate data sources and recognizing data anomalies while making optimal use of all resources
  • Meet quality service standards by having all worksheets and analyses clearly documented and footnoted and ensures all appropriate work products are reviewed by a more senior actuary, while meeting deadlines without sacrificing work product quality
  • Execute actuarial analyses in a clear and well organized fashion aimed at the appropriate audience
  • Develop deep relationships within the department and develops meaningful relationships outside of the department through project interactions
  • Engage in recruitment activities and helps develop more junior actuaries
  • Contribute to systems, models and procedural revisions by conducting research and recommending changes to actuaries to encourage efficiency and organizational competitiveness in the market
  • Share technical expertise by resolving basic actuarial modeling and risk issues from internal and external sources and escalating issues to ensure department delivers quality analyses and meets business needs and requirements
  • Support the department by taking personal accountability and responsibility for accomplishing particular tasks, while continuously will to go beyond what is required to overcome obstacles, and learn from any mistake while receiving constructive feedback
  • Learn from past experiences and seek guidance and coaching from more senior actuaries
  • Independently seek out opportunities for further development and enrichment, actively pursuing actuarial credentials or maintaining continuing education requirements if already credentialed (if on the actuarial track)
Desired Qualifications
  • Use logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems
  • Identify complex problems and review related information to develop and evaluate options and implement solutions
  • Implement planning to prioritize, organize, measure own work
  • 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
  • Show drive and initiative
  • Degree in Mathematics, Statistics, Finance, Economics or other quantitative field
  • 2-5 years in an Actuarial or Analytics department
  • 4+ casualty actuarial exams or society of actuaries exams
  • Working knowledge of statistical methods and specialized math including calculus and probability
  • Working knowledge of the medical stop loss field
  • Knowledge of current and possible future policies, practices, trends, technology and information affecting his/her business and organization; knows how the industry works
  • Working knowledge of computer systems and software such as SAS and R
  • Advanced working knowledge of Microsoft Excel
  • Working knowledge of basic to moderately complex actuarial techniques

QBE Ventures focuses on investing in early-stage technology companies that aim to transform the insurance industry. By partnering with these startups, QBE Ventures provides not only financial support but also access to the extensive market knowledge and resources of QBE Insurance Group. Their investments span various innovative companies, including those specializing in automation and data analysis for insurance processes. What sets QBE Ventures apart from other venture capital firms is its deep connection to the insurance sector, allowing it to identify and nurture technologies that can significantly impact the industry. The primary goal of QBE Ventures is to foster growth in its portfolio companies while driving advancements in the insurance landscape.

Company Size

N/A

Company Stage

N/A

Total Funding

$214M

Headquarters

Sydney, Australia

Founded

1886

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased focus on AI-driven underwriting solutions enhances QBE's underwriting processes.
  • Transactional liability insurance is a growing niche market for QBE.
  • Underinsurance of SMEs in Singapore presents an expansion opportunity for QBE.

What critics are saying

  • AI-driven insurtech startups could disrupt traditional insurance models, impacting QBE's market share.
  • Underinsurance of SMEs in Singapore may indicate gaps in QBE's market strategies.
  • Investment in early-stage technology companies carries risks of startup volatility and uncertainty.

What makes QBE Insurance unique

  • QBE Ventures leverages QBE Insurance's market strength to support portfolio companies.
  • The firm focuses on early-stage technology companies reshaping the insurance industry.
  • QBE Ventures has a global presence with offices in London, Sydney, and New York.

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Benefits

Hybrid Work Options

Wellness Program

Parental Leave

401(k) Company Match

401(k) Retirement Plan

Disability Insurance

Employee Discounts

Company News

Reinsurance News
Jun 3rd, 2025
Harris to succeed Duclos as Chair of QBE Capital

QBE Insurance has appointed Christopher Harris as Chair of QBE Capital, effective 9 May 2025.

Business Wire
May 30th, 2025
Snorkel AI Announces $100 Million Series D and Expanded Platform to Power Next Phase of AI with Expert Data

Today, Snorkel AI announced general availability of two new product offerings on the Snorkel AI Data Development Platform: Snorkel Evaluate and Snorkel Exper...

Reinsurance News
May 2nd, 2025
Alec Raeside joins QBE's transactional liability team as Underwriter

Alec Raeside joins QBE's transactional liability team as Underwriter.

SME Asia
Mar 19th, 2025
'Singapore SMEs Remain Underinsured Amid Rising Business Risks'

QBE Insurance has released the second set of findings from its annual QBE Singapore SME Survey, shedding light on the perspectives of 600 business decision-makers regarding key risks and opportunities.

Coverage
Mar 14th, 2025
QBE Ventures invests in Converge

This aligns with Mitsui Sumitomo Insurance’s investment in Coalition.

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