AVP, Actuarial

Posted 13 Hours Ago
Be an Early Applicant
3 Locations
144K-270K Annually
Mid level
Insurance
The Role
The AVP, Actuarial role involves providing expert actuarial advice, managing valuation processes, contributing to business planning, guiding junior actuaries, and ensuring technical proficiency within product lines. The position requires leadership in project scope definition and performance management, along with building relationships with stakeholders and delivering analytical support for decision-making.
Summary Generated by Built In

Primary DetailsTime Type: Full time

Worker Type: Employee

The Opportunity:  In this role you will provide expert actuarial advice and support to business units, acting as a key liaison with underwriters, claims, and finance teams. This role involves delivering strategic reserving advice, contributing to business planning, and coaching junior actuaries to ensure technical excellence and profitability within designated product lines. Additionally, the role requires proactive leadership in defining project scope, guiding team delivery, and demonstrating advanced technical competence in actuarial concepts and practices.

Location: New York City (55 Water Street, NYC), Sun Prairie, Wisconsin, or Chicago, Illinois highly preferred

  • Work Arrangement: This role is a hybrid role, where you will be expected to be in the office 2-3 days per week.
  • The starting salary for this role is between $144,000.00 and $270,000.00

Your New Role:

  • Managing the complete valuation process, defining project scope, and managing performance against plans.
  • Developing new monitoring and ad-hoc reports as required.
  • Knowing and applying relevant standard actuarial reserving models and pricing techniques.
  • Developing complex models and modifying standard techniques for maximum benefit.
  • Maintaining quality controls throughout the valuation process.
  • Building and maintaining relationships with internal stakeholders.
  • Providing technical advice and guidance to less experienced actuarial staff and clients.
  • Managing Actuarial Analysts and facilitating team achievement of KPIs.
  • Ensuring all conclusions and recommendations are fully supported by analytical results.
  • Managing budgeted resources and accurately forecasting resource needs to achieve fiscal responsibility.

Required Experience/Qualifications

Moderate relevant experience.

Tertiary Degree or equivalent combination of education and work experience.

Relevant Actuary society certification, such as Fellow-Casualty Actuary Society (FCAS) or Fellow of the Institute of Actuaries (FIA) or IFOA.

Preferred Experience/Certifications

  • Experience working within the actuarial function in a multinational financial services business.
  • Solid relevant General Insurance experience.
  • Property and casualty actuarial field experience.
  • Experience with actuarial analyses or predictive modeling.
  • Increasing levels of responsibility.
  • Reserving experience.
  • Moderate relevant General Insurance 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: We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances. As a QBE employee you will have access to:

  • 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!

https://www.linkedin.com/company/qbe-north-america/

Commitment to Diversity

At QBE, we are deeply committed to fostering an inclusive workplace where each person is valued and respected for their authentic selves. If you require any assistance, such as alternative interview accommodation during the recruitment process, please do not hesitate to inform our Talent Acquisition team.

Equal Employment Opportunity:

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, Conflict Resolution, Critical Thinking, Decision Making, Financial Products, Intentional collaboration, Managing performance, Performance Management (PM), Problem Solving, Project Scoping, Risk Management, Sound Judgment, Stakeholder Management, Statistical Analysis Software (SAS)Application Close Date: 02/03/2025 11:59 PM

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.

Top Skills

Statistical Analysis Software (Sas)
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The Company
Sydney, New South Wales
11,699 Employees
On-site Workplace
Year Founded: 1886

What We Do

QBE Insurance Group is one of the world's top 20 general insurance and reinsurance companies, with operations in all the key insurance markets. QBE is listed on the Australian Securities Exchange and is headquartered in Sydney. We employ more than 11,000 people in 27 countries.

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