
Senior Manager, Actuarial Pricing and Data Science
QBE Insurance
full-time
Posted on:
Location Type: Hybrid
Location: London • United Kingdom
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Job Level
Tech Stack
About the role
- Own the end‑to‑end Group Motor pricing strategy across all markets, covering both Personal and Commercial Motor.
- Define and maintain Group pricing frameworks, standards, methodologies and governance, ensuring consistency with appropriate local flexibility.
- Act as the Group pricing authority for Motor, providing oversight, challenge and support on complex or contentious pricing matters.
- Provide technical leadership on portfolio rate reviews, repricing exercises and material changes to rating structures, assumptions or methodologies.
- Support differentiated pricing strategies for Personal and Commercial Motor, reflecting distinct market dynamics and risk profiles.
- Partner closely with underwriting leadership to align pricing strategy, risk appetite and underwriting authorities.
- Lead the Group data science agenda for Motor and Specialty pricing, identifying and prioritising advanced analytics initiatives that deliver commercial value.
- Sponsor and steer initiatives including predictive modelling, machine learning, alternative data and telematics‑based pricing where appropriate.
- Establish and maintain Group‑level portfolio performance monitoring, providing insight on loss ratio, rate change, mix, claims inflation and emerging risks.
- Ensure compliance with pricing governance, model risk management and regulatory requirements, and present recommendations to senior management and global committees.
Requirements
- Experience working in Motor pricing within general insurance, with a strong understanding of pricing, underwriting and portfolio performance.
- Demonstrable experience applying data science or advanced analytics techniques to insurance problems, including working with large datasets and developing analytical models.
- Strong analytical and numerical skills, with the ability to interpret complex data and translate insights into practical business recommendations.
- Proficiency in Excel and other analytical tools, with experience using programming languages such as Python to support modelling and analysis.
- Strong communication skills, with the ability to build effective relationships and influence stakeholders at different levels of the organisation.
- An actuarial qualification, or working towards qualification, with a commitment to continuous learning and professional development.
Benefits
- 30 days holiday a year with the option to buy up to 2 additional days.
- Flexible working - balancing work and life is important so our flexible working opportunities are open to all, this can include part-time, job share and compressed hours.
- Pension – you are automatically enrolled into the QBE pension plan, which entitles you to receive employer contributions of 10% of your basic salary.
- Private medical insurance – we fund fully comprehensive private medical cover for you and all the family.
- Family friendly policies – we offer 26 weeks leave at full pay regardless of gender identity, sexual orientation or how you become a parent.
- Short term remote work abroad - you can request up to 20 days per year to work remotely from certain locations abroad.
- Sustainable investing - we believe sustainable integration is important for long term financial, environmental, and social outcomes.
- Cycle-to-Work – benefit from regular exercise whilst making your commute greener and cheaper, select and bike and/or accessories up to the value of £5,000.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
Motor pricingpricing frameworksadvanced analyticspredictive modellingmachine learningdata scienceanalytical modelsportfolio performance monitoringnumerical skillsdata interpretation
Soft Skills
technical leadershipcommunication skillsrelationship buildinginfluencing stakeholdersanalytical thinkingproblem solvingcollaborationstrategic thinkingadaptabilitycontinuous learning
Certifications
actuarial qualificationprofessional development