Actuarial Analyst I

Primary Details Time Type: Full time Worker Type: Employee Actuarial Analyst I Location: USA –Madison, WI Work Arrangement: Hybrid The salary range for this role is: $64,000.00-$96,000.00 The Opportunity The purpose of this role is to support the Property Pricing Team within the Actuarial Department by performing basic actuarial calculations, extracting and reviewing data, and assisting with business planning and analysis under close supervision. The role aims to contribute to the monitoring of financial programs, providing quantitative information to aid in making sound business decisions and ensuring prudent strategic planning. Your New Role Responsibilities Ensure accurate data is used for analyses by adopting appropriate systems and procedures. Comply with documentation of key processes, policies, legal requirements, and actuarial standards. Support forecasting of technical provisions, reserve margins, and uncertainties for business analysis. Assist in the development of pricing tools, rates, and premium methods to ensure robustness. Support business planning processes by collecting and analysing information effectively. Analyse reinsurance options to optimise purchases for the business. Assist in determining the capital needs of the business and developing relevant reports. Build and maintain relationships with internal and external stakeholders to enhance customer focus. Provide underwriting statistics and performance monitoring for accurate management information. Support in modelling and analysing risk aggregation to manage exposures appropriately. Work Experience Necessary Work Experience Some relevant work experience. Preferred Work Experience Experience in the Insurance Industry. Experience working within the Actuarial function in a multinational financial services business. Qualifications Necessary Qualifications Tertiary Degree or equivalent combination of education and work experience. 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 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 advice Tuition Reimbursement for professional certifications, and continuing education Employee Network and Community – QBE actively supports six Employee Networks, and many ways to give back to your community To learn more, click here: Benefits | QBE US. Why QBE? What if you could have a positive impact – at work and in the world? At QBE, we’re enabling a more resilient future – for our customers, communities, environment, and for our people. We’re building momentum to achieve something significant and know our people are at the center of our success. Our industry offers interesting and varied careers where you can help people to protect what matters most. As part of the QBE team, you’ll get to spend every day working with people who are passionate, talented and kind. And our international scale means we’re big enough for your ambitions, yet small enough for you to make a real impact. Join us now, so you can be part of our success – and we can be part of yours! Commitment to Diversity QBE is committed to providing reasonable accommodation to, among others, individuals with disabilities and disabled veterans. If you need an accommodation because of a disability to search and apply for a career opportunity with QBE, please inform our Talent Acquisition team to let us know the nature of your accommodation request and your contact information. Equal Employment Opportunity QBE provides equal employment opportunities to applicants and employees without regard to race; color; gender; gender identity; sexual orientation; religious practices and observances; national origin; pregnancy, childbirth, or related medical conditions; protected veteran status; or disability or any other legally protected status. QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates. Skills Actuarial Science Analytical Thinking Commercial Acumen Communication Critical Thinking Financial Management Financial Modeling Financial Products Financial Risk Management (FRM) High Accuracy Intentional collaboration Managing performance Problem Solving Stakeholder Management Technical Consulting #J-18808-Ljbffr