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Reserving Process and Policy Actuary

  • Role: Reserving Process and Policy Actuary
  • Location: Sydney, CBD or London, City
  • Term: Full-time

QBE Insurance Group is one of the world’s top 20 general insurance and reinsurance companies, with operations in all the key insurance markets. We are listed on the Australian Securities Exchange and are headquartered in Sydney. 

QBE is embarking on a journey of change in light of IFRS 17, to become more efficient and add value to the business. We are looking for a motivated actuary to support the Group Actuarial Solution Lead by supporting Actuarial Transformation and other Strategic Initiatives across the QBE Group. This will include supporting changes required across the Global Actuarial Functions to ensure QBE’s readiness to implement IFRS17 and supporting transformational initiatives leading to an optimal actuarial operating model across the QBE Group.

Working at QBE, we recognise the value of diversity and inclusion in the workplace and support a range of flexible work arrangements to promote a better family/life/work balance. 

We offer you a dynamic workplace culture, one that values and leverages the unique ideas, capabilities and experiences you bring irrespective of where you are in the world. We believe this strengthens our ability to deliver on our business goals, particularly as it relates to innovation, growth and our focus on customers.

The opportunity:

  • Support the design and implementation plan of actuarial strategic transformational initiatives across QBE Group, including reserving policy, design of new IFRS 17 processes and inputting business requirements for new reserving platforms  
  • Prioritise milestones and develop implementation approach and roadmaps in achieving the actuarial transformation strategy
  • Ensure that the actuarial strategic direction is aligned with broader QBE strategy and fit for purpose
  • Working closely with our global actuarial and finance teams to develop optimal solutions for all key stakeholders.

What does success look like? 

  • High level of proficiency with all components of the Actuarial Control Cycle
  • Strong communication and stakeholder management skills, being able to work across actuarial, finance and technology colleagues
  • Deep understanding of key processes and techniques involved in a successful actuarial liability valuation
  • Familiarity with key processes and techniques involved in providing a sound actuarial pricing advice
  • Familiar with current global accounting standards and proposed IFRS17 standards
  • Part of fully qualified actuary or a fellow of the Institute of Actuaries of Australia or other equivalent qualification.


At QBE, you will be provided with a competitive remuneration structure and benefits, in an environment that offers support, and encourages career development and learning.

We offer a range of benefits and discounts including:

  • Paid parental leave (inclusive of paid superannuation during this time)
  • Secondment opportunities
  • Employee assistance programme
  • Paid volunteer leave
  • Purchased leave
  • Product discounts
  • Superannuation matching.

Applicants will be required to provide evidence of their eligibility to work in Australia or the UK, and at a minimum be required to undertake police and basic credit checks as a condition of employment.

For more information, click the apply button to submit your details.

Applications close Friday 23 March 2018.


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Not Specified
Work Type:
Full Time
Date Posted:
Closing Date:
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