Associate Actuary
Sun Prairie, WI  / Chicago, IL 
Posted 1 day ago
Job Description
At QBE, our purpose is to give people the confidence to achieve their ambitions inside and outside of work. From development opportunities, to flexible work options and highly competitive reward and benefits packages, we understand the importance of living our values when it comes to our people. Everything we do at QBE is underpinned by our company's cultural elements - because we know it's not just what we do that matters, it's how we do it that makes the difference.

This opportunity is accountable for proactively providing actuarial services within area of responsibility by demonstrating full technical competence in a variety of actuarial/statistical concepts, practices and procedures while taking the lead in defining project scope, key issues, timeframes, and analytical approaches and priorities with a large degree of creativity and self-direction.

Primary Responsibilities

* Leverages technology in new and innovative ways and effectively communicates issues and recognizes and proposes solutions to current/existing analyses while continuously progressing analyses beyond what was done historically
*Identifies new opportunities for actuarial analysis within practice area and works with others as necessary to develop analyses
*Meets actuarial standards by having all conclusions and recommendations be fully supported by analytical results and ensures all appropriate work products are peer reviewed
*Presents analyses that are clear, well organized, and aimed at appropriate audiences and anticipates questions and directs attention to critical assumptions and findings
*Partners with non-actuaries outside of the department to solve large strategic business issues by demonstrating skills outside of an actuarial/statistical framework
*Guide decision-making by researching new business and analyzing data to advise senior level actuaries and other departments on profitable business opportunities
*Engages in recruitment activities and encourages others to develop relevant technical, business and social skills
*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 and self-identifies opportunities for further development and enrichment, actively pursuing actuarial credentials or maintaining continuing education requirements if already credentialed (if on the actuarial track)
*Manage budgeted resources by anticipating expenditures, accurately forecasting resource needs/costs and properly accounting for expenses to meet requirements and achieve fiscal responsibility
*Contribute to a positive work environment by demonstrating cultural expectations and influencing others to reward performance and value "can do" people, accountability, diversity and inclusion, flexibility, continuous improvement, collaboration, creativity and fun

Required Education

* Bachelor's Degree or equivalent combination of education and work experience

Required Experience

* 5 years relevant experience

Preferred Competencies/Skills

* Utilize actuarial techniques to analyze data
*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
*Apply business and financial acumen
*Influence team to adopt recommendations
*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
*Establish a high degree of trust and credibility with others

Preferred Education Specifics

* Degree in Mathematics, Statistics, Finance, Economics or other quantitative field

Preferred Experience

* 5+ years of experience
*property and casualty actuarial field
*experience with actuarial analyses or predictive modeling in area of responsibility
*increasing levels of responsibility

Preferred Licenses/Certifications

* 5+ casualty actuarial exams

Preferred Knowledge

* Advanced working knowledge of current and possible future policies, practices, trends, technology and information affecting his/her business and organization; knows how the business works
*Advanced working knowledge of computer systems and software
*Advanced working knowledge of complex actuarial techniques and best practices

QBE Cultural DNA

* Everything we do at QBE is underpinned by our DNA (which interlinks seven cultural elements) - because we know it's not just what we do that matters, it's how we do it that makes the difference. We expect all employees to role model and inspire the right behaviours that link to our cultural elements:-We are customer-centred-We are technical experts-We are diverse-We are fast-paced-We are courageous-We are accountable-We are a teamAll employees are expected to adhere to QBE's Code of Ethics and Conduct and apply sound risk management practices

US Only - Travel Frequency

* Infrequent (approximately 1-4 trips annually)

US Only - Physical Demands

* General office jobs: Work is generally performed in an office environment in which there is not substantial exposure to adverse environmental conditions. Must have the ability to remain in a stationary position for extended periods of time. Must be able to operate basic office equipment including telephone, headset and computer. Incumbent must be able to lift basic office equipment up to 20 lbs.

US Only - Disclaimer

* To successfully perform this job, the individual must be able to perform each essential job responsibility satisfactorily. Reasonable accommodations may be made to enable an individual with disabilities to perform the essential job responsibilities.

Job Type

* Individual Contributor

Global Disclaimer

* The duties listed in this job description do not limit the assignment of work. They are not to be construed as a complete list of the duties normally to be performed in the position or those occasionally assigned outside an employee's normal duties.Our Group Code of Ethics and Conduct addresses the responsibilities we all have at QBE to our company, to each other and to our customers, suppliers, communities and governments. It provides clear guidance to help us to make good judgement calls.

Number of Openings:


How to Apply:

To submit your application, click "Apply" and follow the step by step process.

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.

Equal Employment Opportunity

The companies of QBE North America are committed to equal employment opportunities. All qualified applicants will receive consideration for employment without regard to age, disability, marital or parental status, national origin, citizenship, race, color, religion, sex, sexual orientation, or veteran status. All personal information contained in this application will be kept confidential as required by law.


Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
5+ years
Email this Job to Yourself or a Friend
Indicates required fields